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Profet AI as we speak introduced that it has raised $5.6 million in a collection A funding spherical. The Taiwanese startup develops no-code AI/ML options purpose-built for producers in a spread of industries.

Based in 2018, Profet AI seeks to allow producers, a distinct segment within the enterprise AI section, to remodel their knowledge into AI fashions and purposes — for instance, to determine inefficiencies and enhance productiveness in factories.

Focus and pace: AI/ML options for producers

Profet AI claims it may well generate knowledge fashions in lower than per week, in comparison with two to 3 months for different options. It says that is attainable as a result of its answer was purpose-made for producers, versus different options developed solely by and for knowledge scientists who’re far faraway from the manufacturing unit atmosphere and its particular challenges. 

To perform this purpose, Profet AI says it has labored with massive producers in Taiwan, equivalent to Foxconn, to construct an answer that matches their enterprise wants. Its merchandise are additionally appropriate for small- to medium-sized producers, that don’t have the sources for a knowledge science crew, permitting them to chop prices. Relevant industries vary from semiconductors and electronics to chemical and textile producers.

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Profet AI: Advancing into new markets

“Profet AI is designed for speedy mannequin improvement and deployment to ship immediate time to worth for enterprises all over the world,” stated Jerry Huang, founder and CEO of Profet AI. “Our options have been very well-received in Taiwan, giving us confidence that we will ship worth to extra enterprises in different markets — starting with Japan, Southeast Asia and China. We can be establishing joint ventures with robust companions in abroad markets to make sure the proper product/market match for every location, and we look ahead to supporting extra firms in leveraging the facility of machine studying within the coming 12 months.”

Supply: Profet AI

Profet AI has two flagship options. One is its Digital Information Scientist Platform, a no-code improvement platform powered by its AutoML engine. The second is Prepared To Go Functions, a library of tried and examined industry-specific AI purposes, which offer a plug-and-play expertise.

The merchandise are appropriate for each public cloud and on-premises deployment. For instance, as soon as a mannequin has been created with the Digital Information Scientist Platform, which can be within the cloud, it may well then be deployed for inference on edge servers or PCs related to the manufacturing unit system. Profet AI additionally gives a Restful API for integration with exterior programs.

With the $5.6 million spherical, Profet AI goals to broaden abroad into Japan, China and choose Southeast Asia markets, in addition to to additional develop its merchandise. It has already acquired over 100 clients throughout 12 industries, doubling its income in 2022.

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