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Follow on Google News | aiHit: One to Watch in the Big Data ArenaEmerging Stars Stride Confidently Out of R&D - Riding on the back of $5.5m investment awarded by VTB Capital in 2011, leading Business Intelligence company aiHit Ltd is stealthily advancing from an intense period of Research and Development.
By: aiHit Ltd Since the appointment of new CEO Paul Negus in January 2012, aiHit has launched a refreshed company identity via its new website (www.ahit.com) Says Negus: “I am excited to be involved with aiHit at such an important time in the company’s growth. The extent of Web-sourced information - the enormous variety of data and the speed at which it changes - makes it challenging for businesses to manage using traditional methods. Automatically creating company information from a vast number of unstructured sources, such as websites, is difficult to do. aiHit can do it, because of our deep expertise in Artificial Intelligence (AI) and Machine Learning (ML). We are dealing with the World’s biggest information tool - the Web - and so our vision has to be BIG; the sheer scalability of aiHit’s intelligent technology gives our company the edge to offer improved and expanded solutions to our customers. Hence the name, aiHit: Artificial Intelligence at the Heart of Intelligent Technology.” aiHit’s growing client portfolio demonstrates that many key players already appreciate the value proposition such technology brings. Recent business successes include:- • Reducing online business directory Europages email bounce rate to less than 2% (the industry average bounce-rate being more than half the output) • A two-year deal with a leading global business information provider to improve the quality of its huge email dataset, giving it the most comprehensive and up to date company email records in the UK On awarding the $5.5m investment last year, Aidar Kaliev, Head of VTB Capital said: “aiHit has created an absolutely unique technology and invented a new way to extract, manage and analyse raw data which, we believe, will change the way the industry operates. We see huge market potential for this technology.” About aiHit: aiHit is a provider of Big Data services and solutions to the business information, market research and lead generation industries, specializing in automatically collecting valuable company information from the entire Web. They have been working in Artificial Intelligence/ ENDS. End
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