Structured and Unstructured high-performance Content Mapping to high-quality Knowledge Graphs using Natural Language Processing, AI: analyzing databases, unstructured text from hundreds of languages, images.
Current Status
Ready products and services, first customers and partners.
Market
Broad AI and NLP market, more than $ 200 billion globally. Initial focus on Medical with customer and partner.
Problem or Opportunity
Knowledge contained in growing amounts of data (more than 170 zettabyte by 2025), is to 90% not accessible for business decisions. The amount of data is growing exponentially, as well as the speed and proportion of streamed data. Content can no longer be processed by humans, analyzed for validity, mapped into structured format for business analytics.
Solution (product or service)
Extraction of knowledge from heterogeneous sources (DBs, structured data, unstructured text, images) and generation of high-quality Knowledge Graphs and representations using high-performance compute algorithms, semantic tech, NLP, AI. Ready SaaS solutions offered by Semiring, applicable to various verticals as for example Health, Business, Media, Public Safety and National Security.
Competitors
Various large competitors like Google, Microsoft, Amazon, IBM, numerous small competitors and startups.
Advantages or differentiators
Semiring brings together top experts in the domain. It provides high-performance solutions that can be operated within a secure on-premises environment, top secure and confident. Semiring solutions can operate on any cloud service and are completely independent of 3rd party technologies or services online. Customer specific models and adaptations to cover target problems will not be provided by large competitors and cloud service providers. Semantic and pragmatic analytics of content is not provided by any competitor, to our knowledge.
Finance
SaaS Services Licensing Customer services Data as a Service (DaaS)
Business model
TBA
Money will be spent on
Further Development Mainly: Marketing Sales Setting up a USA-wide and then global presence
As with other tech companies, it is extremely risky to invest in AI and NLP, since the competition is fierce. Gaining control of certain market segments can be extremely rewarding and compensating for the risk.
Incubation/Acceleration programs accomplishment
Numerous: Elevate Origins (with gBETA) Purdue Foundry Firestarter Program National Security Innovations Network (NSIN) - FedTech Defense Innovations Accelerator Cohort 2020 Awaiting approval for gBETA second level accelerator
Won the competition and other awards
Elevate Ventures Regional Pitch Competition Techstars Startup Weekend at The Mill (Nov. 2019) 3rd Place winner with project Mimir (a personal data massive Knowledge Graph device with chatbot functionality)