Top 10 NLP (Natural Language Processing) Startups to Lookout for in 2021
These NLP startups are paving the way for innovative solutions.
Natural Language Processing (NLP), the ability of a software program to understand human language as it is spoken, has seen major breakthroughs, thanks to Artificial Intelligence (AI) and improved access to fast processors and cloud computing. With the introduction of more personal assistants, better smartphone functionality, and the evolution of Big Data to automate even more regular human jobs, NLP adoption is projected to gain up steam in the future years.
In this article we present to you the top 10 NLP startups to watch out for in 2021.
SoundHound
SoundHound creates AI and conversational intelligence systems that are voice-enabled. It offers a Speech-to-Meaning engine as well as Deep Meaning Understanding technology, which may be integrated into other services and devices. It also creates music recognition apps and voice search assistants.
Twiggle
Twiggle is powering next-generation e-commerce experiences with the most powerful technologies in machine learning, artificial intelligence, and natural language processing. Twiggle’s search technologies are the only ones that combine a human-like comprehension of linguistic structure with a thorough understanding of retail, allowing your search engine to act like an experienced salesperson would (and should).
Dialogflow
Dialogflow is a conversational user experience platform that allows devices, apps, and services to connect with one other using natural language interactions. Developers can leverage Dialogflow’s speech recognition, natural language processing (intent recognition and context awareness), and conversation management services to rapidly and effectively differentiate their company, boost customer happiness, and streamline business operations.
Textio
Augmented writing is supported by large amounts of data, to which companies from all around the industry and the world contribute. This data is used by Textio’s predictive engine to find important patterns in language, directing you to improved communication and better business results.
Semantic Machines
For the first time, people will be able to speak casually with computers, thanks to conversational AI interfaces. Search, e-commerce, social networks, productivity software, and devices will all be affected by this momentous innovation. Semantic Machines is working on the foundational AI technology that will allow conversational computing to become a reality.
Notable
Every physician-patient encounter is automated and digitized by Notable. It records medical visits and updates electronic health records automatically. Natural language processing and voice recognition are used by the company to automatically record doctor-patient conversations and arrange the data for incorporation in a patient’s medical records.
Eigen Technologies
Eigen is a research-driven AI firm that specializes in natural language processing (NLP) for companies in the banking, legal, and professional services industries. The extraction and classification of data from documents is automated by Eigen. Their Natural Language Processing (NLP) technology is easy and adaptable, and it effectively extracts information from a variety of documents at scale. It can also be linked into the clients’ workflows.
Observe.AI
Observe.AI is developing a Voice AI platform for call centers. “Agent Assist,” the company’s first product, helps call center agents execute their jobs better. During the customer call, the platform gives the agent real-time feedback on consumer emotion and directs them to the next best action. The AI platform listens to the call stream in real-time, understands the context using deep learning and natural language processing (NLP), and provides suggestions and direction to the agent.
Hyro
Hyro transforms complex data into simple conversations across all digital touchpoints. It actually understands and advises your consumers, regardless of their goal, thanks to cutting-edge natural language capabilities.
Just AI
With a focus on Conversational Artificial Intelligence, Just AI has created its own NLU technology. Just AI has developed a one-of-a-kind full-stack conversational AI portfolio that caters to a wide range of audiences. Just AI is eager to share its best practices and expertise with a worldwide community, based on years of experience and projects.
