Top Innovative Artificial Intelligence (AI) Powered Startups Based in Italy

Around the world, artificial intelligence is revolutionizing every industry. It is helpful to know how different startups are using AI to address problems in the real world. This article covers startups founded in Italy to watch out for that are transforming the artificial intelligence sector in various ways.

Their data-backed digital footprints determine a consumer’s potential or capacity to qualify for a loan, repay a loan, or change from a prospect to a genuine lead. Fido unlocks non-intrusive, data-supported insights for qualitative information, fraud, and credit decision-making and develops more inclusive business, lead, and financial models. It uses AI-based methods and enables companies to establish credit scores for clients using IP intelligence, email verification, mobile phone verification, social media lookup, device identification, and browser analysis. Fido enhances the potential of digital signals by operating worldwide with industry-leading businesses.

iGenius assists businesses in making more intelligent decisions by recognizing and adjusting to changes in data in real time. It offers a data intelligence platform called Crystal that employs artificial intelligence technologies for conversational analytics. Without training or data literacy abilities, any team can independently acquire crucial insights by simply conversing. To generate valuable insights, Crystal can be customized to the requirements of a particular enterprise. Insurance, banking, utilities, retail, pharmaceuticals, and other industries are using iGenuis’s solution.

Making clear and unbiased decisions in the current market while navigating its complexity is the main difficulty for investment professionals. By creating a trustworthy and powerful AI that aids institutional investors in their decision-making, MDOTM has added AI to its portfolio. They provide forward-looking investment perspectives on predicted risk and return for individual equities and at the sector and asset class level using their proprietary AI engine, which continuously analyzes millions of market data points.

The demand for IoT security solutions is increased by hazards associated with using IoT devices, such as vulnerabilities, cyberattacks, data theft, and other risks. Exein is a provider of IoT firmware security software. It targets defense from inside the hardware and can be injected into it, functioning directly into the firmware at a lower level. By observing the behavior of the hardware and memory management, it can identify attack patterns at the hardware level. Machine learning is used to collect pertinent analytical data and secure device data. It integrates intelligent prioritization and proprietary rating to automate the analysis and identification of security vulnerabilities within devices.

There is data everywhere. Millions of pieces of data exist in reviews, rankings, social media, images, videos, news, etc., and every second, they are constantly changing. Without a sophisticated intelligence tool, it is difficult for businesses to understand and control everything. Travel Appeal provides tools to help companies to develop and share reports and turn client input into practical results. Their services use data science, artificial intelligence, and semantic analysis to help professionals get insight into their clients’ thoughts, make wise choices, enhance their reputations, and boost their bottom lines. Numerous companies of all sizes, including those in travel, hotel, food & beverage, retail, and other industries, employ their technology.

Businesses can control, manage, and distribute all their content and product information from a single location with THRON’s Digital Asset Management (DAM) platform, eliminating duplication or data loss. The platform gives customers the ability to centralize and organize all content-related activities, provide content, and customize communication using artificial intelligence that creates user profiles based on the content that has been accessed. Maserati, MSC Crociere, Canon, Gruppo Coin, etc., are a few of the DAM platform clientele.

By providing mobile advertising campaigns, location intelligence products to assist marketing strategies, and engagement and user conversion solutions, Beintoo helps businesses and leads them towards a data-driven approach. Beintoo’s patented technology, SDK, can read behavioral data offline during the Customer Journey and acquire the highest analytical accuracy. The data can then be transformed into insightful knowledge to reassemble consumer preferences and behaviors.

To help editors better engage their readers by matching them with the information that will appeal to them, Neodata Group provides an editorial suite for online publishers that uses text mining, semantic analysis, and real-time web metrics. It conducts research, develops, and produces cutting-edge, adaptable technology for the gathering, handling, and use of Big Data. It aids in the development of digital strategies for brands, publishers, media companies, and broadcasters.

Patchai is bridging the gap between patients and doctors during clinical trials. To improve digital health systems, promote patient participation, and enhance the quality of life for patients, it aims to make clinical research and regular treatment intelligent and accessible. It offers a platform powered by the Co-PRO technology-based virtual companion. It synchronizes personal requirements with those of clinical research. It provides a comprehensive, patient-centered experience that combines solid research with a personal touch. Clinical and behavioral data come together to offer insightful information, improve the efficiency of clinical trials, and shorten wait times so that innovative treatments are made available more quickly.

ALBA Robot offers facility-specific solutions for autonomous/assisted mobility services, helping people with limited mobility to become more independent. Utilizing fleets of autonomous vehicles, it provides a micro-mobility platform to alter people’s transportation. It has developed a kit for wheelchairs and scooters that turns them into autonomous driving systems by combining the greatest technology from robotics, automotive, IoT, and voice assistants. The company seeks to improve the freedom of People with Reduced Mobility (PRM) in daily life by altering the way they move.

Cynny offers MorphCast, a brand-new flexible video format that enables facial recognition on smartphones without using plugins or apps. Based on crucial scientific research, MorphCast uses a sophisticated Facial Emotion AI engine that can recognize and analyze 130+ different facial expressions and traits. By tailoring information to the emotions, degree of attention, engagement, and many other distinctive characteristics of each viewer, MorphCast can enhance engaging videos and increase engagement.

With the use of artificial intelligence and satellite imaging, Latitudo40 provides an all-in-one platform for urban data analytics. Cities are being empowered to adopt sustainability and make ESG-based decisions. Their system makes it easier to pinpoint ESG and environmental sustainability KPIs and fast-track results. By systematizing the entire process, its fully automated urban sustainability solution aids businesses in putting their environmental and social objectives into practice.

AIKO is an inventive deep-tech business aimed at fostering a future of machine-human cooperation on Earth and beyond. AIKO specializes in artificial intelligence and automation technology to give space assets intelligence and enable efficient operations in space. It provides three solutions: orbital OLIVER, cloudy CHARLES, and speedy SKYLAR. Orbital OLIVER is a software solution that integrates spacecraft operations onboard your satellite. Cloudy CHARLES is an onboard imagery processing software for cloud segmentation. Speedy SKYLAR enables optimal routing for communications within a satellite constellation.

Numerous inefficiencies, inadequate facilities, and bad management are common in care homes. TeiaCare seeks to change care facilities by sharing technology and innovation knowledge with them. Ancelia, their proposed solution, can keep track of and give crucial data for guaranteeing each facility’s sustainability, effectiveness, and competitiveness. Ancelia maximizes resources for employees who work in a facility and enhances operations. The business aspires to actively participate in creating a new healthcare system that strongly emphasizes people and their needs, regardless of their age.

Synthetic data is created by creating artificial data that incorporates the statistical characteristics and distributions of an actual dataset, accurately representing real-world data. This data augmentation strategy can be used instead of or in addition to original data to improve AI and Analytics projects and address various data-related difficulties. Using powerful AI technology, Clearbox AI works to advance society and business in a reliable and human-centered manner. One can access high-quality structured synthetic data produced by their in-house Data Engine using the Clearbox AI Enterprise Solution. Their Data Engine is a fully dockerized system that can be set up in the cloud or on-premises and doesn’t require any coding knowledge.

AI advances maximize cameras’ capacity to produce helpful weather and environmental insights. To provide accurate weather intelligence in control rooms, Waterview uses surveillance camera networks. They transform each camera into a non-dedicated multivariable sensor using cutting-edge computer vision technologies to lower the cost of detailed, real-time weather and environmental monitoring. The team at WaterView combines knowledge from various disciplines, including computer vision, meteorology, hydrology, environmental modeling, and artificial intelligence.

Planning crucial resources take a lot of time and knowledge. With rapid access to planning and reporting data, SurgiQ empowers hospital managers to take action and avoid disruptions. Clients can quickly gain insights into how to balance workloads better and use resources using artificial intelligence and access tools for enhancing organizational performance. The startup wants to give healthcare providers access to new capabilities and provide assistance in overcoming value-based care difficulties.

Note: We tried our best to feature the cool AI startups, but if we missed anything, then please feel free to reach out at Asif@marktechpost.com 
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References:

  • https://tracxn.com/explore/Artificial-Intelligence-Startups-in-Italy
  • https://www.fortuneita.com/2022/02/01/ai-20-le-migliori-startup-dellintelligenza-artificiale/
  • https://futurology.life/101-most-innovative-italy-based-artificial-intelligence-companies/
  • https://beststartup.eu/101-top-artificial-intelligence-startups-and-companies-in-italy-2021/
  • https://fido.id/
  • https://www.igenius.ai/
  • https://www.mdotm.eu/
  • https://www.exein.io/
  • https://www.travelappeal.com/
  • https://www.thron.com/en/
  • https://beintoo.com/en/home-2/
  • https://www.neodatagroup.com/en/
  • http://www.patchai.io/
  • https://www.alba-robot.com/
  • https://vivacizzazioneaste.com/
  • https://www.morphcast.com/
  • https://www.latitudo40.com/
  • https://www.aikospace.com/
  • https://teiacare.com/en/homepage/
  • https://clearbox.ai/
  • https://www.waterview.ai/
  • https://surgiq.com/

Consultant Intern: Currently in her third year of B.Tech from Indian Institute of Technology(IIT), Goa. She is an ML enthusiast and has a keen interest in Data Science. She is a very good learner and tries to be well versed with the latest developments in Artificial Intelligence.

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