Page 16 - The 10 most Promising Artificial Intelligence Startups 2019
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is a difficult subject to quantify, built for AI systems. With Data
especially from a revenue growth Privacy laws, GDPR is one of the
perspective. Broadly speaking, “ most important change in data
it can be categorized into Image Plaza Solution has privacy regulation in the past 20
Processing and Recognition, redefined the way years.
Natural Language Processing,
Speech Recognition and Machine we function. Right In India, organizations who work
Learning. from optimizing on security and privacy audits are
coming up with similar laws and
From our understanding of the operational is soon to be amended.
market and trends, we feel that efficiency
adoption of Machine Learning will “Most importantly, we feel ethics
be the top one to growth globally to customer should be the driving key for any
and locally. From toy projects, it satisfaction and software that deals with data. A
has evidently moved to Production not to mention the software should be meant to work
ready systems for the past few timely data inputs, within its limits and boundaries,
years and has shown very positive any extra data should not go
outcomes. Data pipelines are Plaza has been a out or come into the system.
getting well defined and stronger. great new addition This has to start at an individual
Retail domain is one of the early to our profile. level, one has to be wary of what
birds with respect to adopting data he/she is sharing where,
Machine Learning to a good likewise smart minds who build Hotel Pratap Plaza, Chennai
extent. Likewise, with Healthcare. “ such software should also work
Manufacturing industries also have ethically as to not to misuse it in
been using Machine Learning in at a very large scale. When we any form or reason. “
handling quite a few problems. hear the word Image Processing, The Journey till Date
With respect to Speech people generally relate it to Face Any company will face lot of
Recognition, which is quite a Recognition. But there is much struggles and hassles in the initial
complex problem to solve, we more than that. Sources for image phases, financial, people, goals
think right now the market is related applications are majorly and objectives, channelizing
occupied by big players like cameras, be it regular CCTV energy, planning to name a few.
Amazon, Google and the likes. cameras, or specialized cameras Especially when a company is
Applications of speech recognition, meant for surveillance. Today, bootstrapped and has first time
virtual assistant seems to be Face Recognition as an application entrepreneurs.
topping the list. We think that is being applied mostly from a We had rich expertise in
applications of speech recognition surveillance perspective. Countries technology, experience in
itself will evolve much more in the like China and few states in USA understanding “true” problems,
next 5-7 years and from there will have adopted it big time. creativity and many such
we see some stability and maturity. Images are actually everywhere, if successful ingredients to make
Natural Language Processing is a computer can see what a human a company successful. But there
can see and if the same computer
also gaining momentum in the can perceive what the human eye are other aspects to running a
past few years. Again, practical perceives, then there is no limit to business.
applications other than the regular where it can be applied is what we One of the biggest challenges
ones (but complex ones) like auto think at GoLittleBig. There are lot we had in our initial days was
filling of mails, generating news of practical real-world applications to channelize our ideas. Bala A
articles and summaries, we don’t of Image Processing. We have built V, by nature has the capability
get to see more. few Products where we work on to foresee many things as far
Last one, Image Processing Images other than Faces also. as industries are concerned,
and Recognition which is also hence the number of ideas that
GoLittleBig’s forte is seeing lot The last point that we strongly feel kept popping up was also many.
of applications across industries about this industry is regarding the Industry for which we will build
laws and ethics that needs to be something was very broad,
