Wednesday, 25 December 2024
27.3 C
Singapore

AI analytics company AiSensum receives seed funding from 500 Startups

Indonesian startup, AiSensum, announced that it has received seed funding of an undisclosed amount from 500 Startups. Launched in February 2018 and with offices in Jakarta, Singapore, and Bangalore, this Indonesian startup uses Artificial Intelligence (AI) to help companies create analytics reports that help decision makers understand their business and make data-driven decisions. At the […]

Indonesian startup, AiSensum, announced that it has received seed funding of an undisclosed amount from 500 Startups.

Launched in February 2018 and with offices in Jakarta, Singapore, and Bangalore, this Indonesian startup uses Artificial Intelligence () to help companies create analytics reports that help decision makers understand their business and make data-driven decisions. At the same time, these big data can be used to generate additional revenue streams through their Data Monetisation Partnerships.

The startup uses its AI platform OctoPi, running on NLG (Natural Language Generation), to mine and analyze the different data points. The AI algorithms will then generate insights based on the data assets in addition to providing advanced analytics, then shares the results through dashboards. Meaningful insights such as market share, trends, price elasticity, customer segmentation, and other others will be made available through these dashboards.

The startup believes that there are critical information gaps across industries, and the traditional way of conducting surveys to gather insights has become inefficient. It leverages on several partnerships, opening up information to the data assets of e-commerce, telecommunications, pharmaceuticals, and finance sectors in and its platform analyses over 45 million transactions for these customers.

Hot this week

Agentforce 2.0 revolutionises digital labour for enterprises

Salesforce launches Agentforce 2.0, a digital labour platform enabling enterprises to scale with AI agents, improving productivity and customer support.

LG launches free audio streaming service with user-friendly experience

LG launches LG Radio+, a free audio streaming service on LG smart TVs, offering podcasts and radio stations with seamless device integration.

Strategic AI investments give businesses a competitive edge

AI investment drives innovation and efficiency, with businesses gaining a competitive edge through strategic leadership and long-term integration.

8BitDo introduces a smaller Xbox controller for compact comfort

8BitDo’s Ultimate Mini Xbox controller is a smaller, lighter option for gamers with smaller hands. It features Hall effect joysticks and LED lighting.

Apple developing Face ID-enabled smart doorbell

Apple plans a Face ID-enabled smart doorbell for seamless door unlocking, using its Secure Enclave and Proxima chip for smart home integration.

The state of global optimism revealed by LG in new survey

LG’s global survey highlights key optimism drivers, including entertainment and AI, while revealing generational differences in happiness and optimism.

LG launches free audio streaming service with user-friendly experience

LG launches LG Radio+, a free audio streaming service on LG smart TVs, offering podcasts and radio stations with seamless device integration.

Introducing the MARQ Adventurer Damascus Steel Edition

Garmin Singapore has unveiled the MARQ Adventurer Damascus Steel...

Xiaomi opens its first directly managed store in Singapore at Funan

Xiaomi opens its first directly managed store in Singapore at Funan, offering a premium shopping experience and exclusive launch promotions.

Related Articles

Popular Categories