Startups are increasingly becoming more and more important to business development as well as essential acquisitions to big enterprises in its route towards innovation.
These type of companies design and implement advanced technologies, such as the Internet, communication, and robotics, which then are complemented by larger portfolios.
Earlier this month, tech giants Apple and Intel heavily invested in two machine learning and artificial intelligence (AI) startups, which represent the latest trend in technology. Apple acquired Seattle-based Turi for $200 million, and days later Intel bought Nervana Systems on a reported $350 million deal.
So the following are just a few of the most promising startup companies out there waiting to become the next Turi and Nervana, or why not even Apple or Intel. These startups, set to save time and make life easier for users, will attend the Tech-Con in Asia Tokyo 2016. It is the third edition of the international tech conference taking place between September 6 and 7.
Glueck Technologies is the ultimate strategic management tool
The Malaysian-based startup has designed algorithms and software to help businesses get real-time data of what their users are thinking.
Glueck Technologies understands most purchase decisions are influenced by emotions and its Advanced Anonymous Audience (A3 Suite) product analyze them to know its customer’s interests.
The A3 Suite package includes a camera, software and a dashboard link. It uses AI and deep machine learning algorithms to take shots every few microseconds and analyze facial elements. These then pass through a facial demographics database which includes emotion, ethnicity, age and gender.
Mobile app development company Ice House features an impressive portfolio because it has worked with other startups and even Fortune 500 companies.
It has offices in the United States, Indonesia, Singapore and Australia. “You Dream It, We Build It,” says its slogan and it has certainly delivered.
Ice House is behind the Star Trek: Into The Darkness movie app, the Guvera mobile application for Windows Phone and the Wego mobile application for iOS and Android. Wego is one of the most successful travel sites in Asia, and it’s planning an expansion to Europe and the US.
Never wait in line again with QueQ
The startup from Thailand designed the app of the same name for users to search and find their desired shop, restaurant or bank within a 2 km radius and see how long the queue is.
To get the QueQ, users must book it in advance before reaching the shop. They then get a QueQ number via mobile phone when approaching the queue and forget about waiting in line.
Toffle provides useful data to make smart decisions
Toffle simplifies the processes users need to apply for their business to grow and expand. It enables users to enter and manage product data from anywhere.
Toffle also allows generating reports and charts that help visualize and analyze data as well as track KPIs. Finally, it offers predictive algorithms built using AI and deep learning.
Those tools make calculated predictions and recommendations for users to make better decisions with the product data. In other words, an ERP-like system that gets better with time.
Source: Tech in Asia