innSono analytics is first all-in-one software, fully automated solution for applying AI technology on audio data. It increases quality and reduces the costs of acoustic testing with AI.
Current Status
Since its foundation, innSono gained traction from local and regional industry and academia. We had collaborative projects with Johnson Electrics Niš, Faculty of Electronic Engineering, the University of Niš (took part in two projects financed by the Science Fund of the Republic of Serbia as the SME partners). We were selected by Electrolux Italy S.p.A. to take part in their acceleration program called “Booster” as a solution provider for their Acoustic Challenge. We reached the Alpha version of our software development and acquired the first paying customer for innSono analytics.
Problem or Opportunity
If manufacturers need to develop an AI application for a very specific audio problem, like for detection of a bad sound in their product, or for recognition if their machine sounds like operating in a normal or error mode, they are facing limited options and many obstacles: it is difficult to collect a big amount of very specific audio data, it's very expensive to create a cross-functional team with the expertise in audio, AI and software development and it is very hard to track the development process since the progress and good results are proven only after the development is finished.
Solution (product or service)
innSono analytics is the first all-in-one, fully automated solution for applying AI technology on audio data. Focusing on manufacturing audio monitoring and inspection, the software enables corporate teams to analyze audio data, extract important audio features, build and deploy applications for computer audition faster than before. innSono analytics increases quality and reduces costs of acoustic testing with AI. Working time (FTE) is reduced by 70%. It ensures that components and your products sound as they should, in a cost- and resource-efficient manner.
Business model
Our business model is B2B. We identified four revenue streams for innSono analytics: license for the software as a development tool (applied per user & per amount of audio data for developing Audio AI applications); license for the software as a production tool (applied per usage of developed Audio AI applications); license for commercialization of results obtained by the software (applied per commercialization of developed Audio AI applications); customization of innSono analytics and integration (price is formed case by case and depends on the value delivered to the client).