DataProphet is honored to be listed in the fourth annual AI 100 ranking, which showcases the 100 most promising private AI companies around the world. DataProphet is the only African company selected and one of four in the manufacturing sector.
Through an evidence-based approach, the CB Insights research team selected the AI 100 from nearly 5,000 companies based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
“We’re delighted to be recognized by CBI Insights as one of the most promising AI companies in the world, with only four AI companies in the manufacturing sector selected,” said Frans Cronje, CEO at DataProphet. “We’re committed to helping manufacturers achieve their Industry 4.0 goals and build a solid foundation for autonomous manufacturing.”
“It’s been remarkable to see the success of the companies named to the Artificial Intelligence 100 over the last four years. The 2019 AI 100 saw 48 companies go on to raise $4.9B of additional financing and nine got acquired,” said CB Insights CEO Anand Sanwal. “It has been gratifying to see that CB Insights‘ data-driven approach to identifying the top AI companies using patents, customer traction, investor quality, market sizing and more has become so effective at picking the AI winners of tomorrow. We look forward to seeing what the 2020 AI 100 companies will accomplish over the course of this year and beyond.“
We are looking forward to this year and all that DataProphet, and the rest of the AI 100, will achieve with artificial intelligence.
Read the full press release here.