Artificial Solutions Explained

Artificial Solutions
Type:Public company
Traded As:NASDAQ:
Isin:SE0012323756
Foundation:2001
Key People:Per Ottosson (CEO)
Founder:Johan Åhlund, Johan Gustavsson and Michael Söderström
Location:Stockholm, Sweden
Locations:Offices in Stockholm, Barcelona, and Austin
Industry:
Products:Teneo platform
Homepage:www.artificial-solutions.com

Artificial Solutions is a multinational technology company that develops technology for conversational AI systems.

The company's products have been deployed in a wide range of industries including automotive,[1] finance,[2] [3] [4] energy, entertainment, telecoms,[5] [6] the public sector,[7] [8] retail[9] [10] and travel.[11] It’s Customers include telecom providers such as AT&T,<ref>Web site: Artificial Solutions . Hardman & Co. as well as other organisations such as Circle K [12] and Folksam,[13]

The company was founded in 2001 and became a public company in 2019[14] after the reverse takeover of Indentive AB. Artificial Solutions is listed on the Nasdaq First North stock exchange under the ticker ASAI.

History

Founded in Stockholm in 2001 by Johan Åhlund, Johan Gustavsson and Michael Söderström the company created interactive web assistants using a combination of artificial intelligence and natural language processing. Artificial Solutions expanded with the development of online customer service optimization products and by 2005 it had several offices throughout Europe supporting the development and sales of its online virtual assistants.[15]

In 2008 Elbot, Artificial Solutions won the Loebner Prize.[16]

In 2010, the company’s management changed, causing the company to focus the basis of its technology on Natural Language Interaction and launched the Teneo Platform, which allows people to hold humanlike, conversations with applications running on electronic devices.[17] [18] [19] In 2013 Artificial Solutions launched Lyra, a mobile personal assistant that is able to operate and remember the context of the conversation across different platforms and operating systems.[20] [21] [22]

A new round of funding was announced in June 2013 to support expansion in the US market.[23]

Since then the company has continued to develop the Teneo Platform and patent technology in the conversational AI sector including a framework for enabling chatbots to interact easily with each other.[24]

In 2018, the company raised a total of 13.7 Euros in equity capital to help support global growth and to accelerate the expansion of Teneo.

In 2019, Artificial Solutions Holding completed the Reverse Takeover of Indentive, enabling the business of Artificial Solutions Holding to be traded on Nasdaq First North. Lawrence Flynn remains the CEO.

In November 2020, Per Ottosson took over as CEO. He is based at the company's headquarter in Stockholm together with the newly appointed CFO, Fredrik Törgren.

Notes and References

  1. Web site: Artificial Solutions and RückerLypsa Combine to Build Conversational AI for the Automotive Sector Artificial Solutions and RückerLypsa Combine to Build Conversational AI for the Automotive Sector . AIthority . 8 May 2019 . 12 August 2019.
  2. Web site: Thompson. Scott. Agria working with Artificial Solutions. FStech. Perspective Publishing . 12 September 2013.
  3. Web site: Savvas. Antony. Co-operative Bank uses Mia to speed up contact centre calls. Computerworld UK. IDG. 12 September 2013.
  4. Web site: Thompson. Scott. 2012 FStech Awards: winners announced. FStech. 29 March 2012 . Perspective Publishing. 12 September 2013.
  5. Web site: Westerholm . Joel. Telenors elektroniska kundtjänst pressar kostnaderna. ComputerSweden . IDG . 12 September 2013.
  6. Artificial Solutions powers Online Virtual Assistant for Vodafone Ireland . Andy . Peart . Artificial Solutions . 17 January 2013.
  7. Web site: Brax. Sofia. Digitala kolleger alltid till tjänst. Publik. 18 January 2011 . Fackforbundet ST. 12 September 2013.
  8. Web site: Nilsson. Orjan. Cyber-damene husker deg. Nettavisen. iBergen.
  9. Web site: Circle K selects Teneo AI platform to enhance shopping experience . Retail Insight Network . 21 August 2019 . 30 August 2019.
  10. News: Aaron . Travis . In Defense Of The Humble App Walkthrough . TechCrunch . 5 January 2013.
  11. News: Fox . Linda . CWT brings virtual face to mobile service . Phocuswire . 16 April 2013.
  12. Web site: Circle K selects Teneo AI platform to enhance shopping experience. 21 August 2019 . Retail Insight.
  13. Web site: Artificiell intelligens reglerar skador på Folksam . Breakit.
  14. Web site: A Conversational AI Leader Is Going Public . Motley Fool . 25 February 2019.
  15. Web site: Al grano . Elnuevolunes.es . 2013-09-08.
  16. Web site: Elbot . Chatbots . 25 September 2019.
  17. Web site: Mike Elgan. Mike Elgan. Smart apps think (so you don't have to) . Computerworld . 2013-03-09 . 2013-09-08.
  18. Web site: Artificial Solutions Unveils a Software Toolkit for Adding Speech to Mobile Apps . SpeechTechMag.com . 2012-01-17 . 2013-09-08.
  19. Web site: Så effektiv er Ikeas chat-robot: Har været på 'efteruddannelse' - Computerworld . Computerworld.dk . 10 October 2012. 2013-09-08.
  20. Web site: Hoyle . Andrew . Indigo brings Siri-like assistance to Android for free (hands-on) | Mobile World Congress - CNET Reviews . Reviews.cnet.com . 2013-02-24 . 2013-09-08.
  21. Web site: Indigo Wants to Be Your Personal Assistant Across Devices . Lifehacker.com . 30 April 2013. 2013-09-08.
  22. Web site: Wollman . Dana . Indigo is a cloud-based, cross-platform personal assistant for Android and Windows Phone 8 (hands-on) . Engadget.com . 2013-02-26 . 2013-09-08.
  23. Web site: Artificial Solutions raises $9.4m in Scope-led round for US expansion | AltAssets Private Equity News . Altassets.net . 2013-06-25 . 2013-09-08.
  24. Web site: Trenholm. Rich. Next generation of personal assistant takes a step towards 'Her'-style super-Siri. Cnet. CBS Interactive.