Today, Exponential AI, a leading AI-Based Intelligent Decision and Automation Company, has announced that it has been recognized in Gartner’s Hype Cycle for AI 2020. The company has been selected in both categories of Composite AI and Decision Intelligence.
A report published on July 27th says “Enterprises are making tangible progress with AI initiatives, but also many mistakes. As Artificial Intelligence (AI) grows more widespread and new solutions emerge, organizations are realizing AI’s increased value, but also facing new challenges. This report will help you assess AI-specific maturity and adoption.”
Also, Gartner says “Over the coming year, enterprises will be interested in using AI primarily to increase operational efficiencies and enable digital transformations.” So, Exponential AI was included as a Sample Vendor again by Gartner’s Analyst Brethenoux.
Erick Brethenoux says “The current hype around automated decision making and augmented intelligence fueled by the integration of artificial intelligence (AI) techniques in decision making, is pushing DI toward the Peak of Inflated Expectations.”
He also adds “DI provides a framework that brings multiple traditional and advanced disciplines together to design, model, align, execute, monitor and tune decision models and processes. Those disciplines include decision management (including advanced nondeterministic techniques such as agent-based systems), decision support, continuous intelligence and process management; and techniques such as descriptive, diagnostic, predictive, and prescriptive analytics.”
Besides, the company is also being recognized for Composite AI. The report says “Composite AI refers to the combined application of different AI techniques to improve the efficiency of learning, to increase the level of ‘common sense’ and ultimately too much more efficiently solve a wider range of business problems.”
On being named in 202’s Hype Cycle for Artificial Intelligence, CEO John Keith said, “We believe that the success of our Enso platform in rapidly deploying AI solutions against complex use cases across Healthcare, Financial Services and Retail, has distinguished Exponential AI in Decision Intelligence. Besides, we believe Enso’s dexterity in structuring pipelines, combining AI approaches, and leveraging domain knowledge, especially in healthcare has been key to its adoption across leading Fortune 500 companies and our inclusion in Composite AI.”