Matthew DeMello

For a tech subsector on everyone's proverbial lips' at the moment, things can hardly be described as 'easygoing' for the AI vendor startup market in 2023.

This article is sponsored by Arkestro, and was written, edited and published in alignment with our transparent Emerj sponsored content guidelines.

This article is sponsored by Arkestro, and was written, edited and published in alignment with our transparent Emerj sponsored content guidelines.

While the steel industry may not be synonymous with AI adoption, steel manufacturers are not different from any other business in ensuring efficiency in their output and throughput. There are almost certainly opportunities for AI implementation across an industry worth hundreds of billions of dollars that currently lags behind in adopting AI technology.

Relying entirely on consultants or vendors is not a viable strategy - as AI adoption inherently involves new capabilities to be built up within the company, both technical and non-technical. The only reason a company would put AI technical development and implementation entirely in the hands of a vendor is ignorance of how AI works.

Insurance is a growing arena for AI adoption and in many cases, automation is leading the way to streamline customer experiences and the organizational pipelines behind them along the entire customer journey.

The AI vendor market is as diverse as the global economy itself. As AI applications evolve into every corner of our lives, so do the expertise and proficiency of the data professionals, business leaders and subject matter experts at the heart of the products and services transforming how we live and work.

COVID-19 did not just bring waves of diseases and contagious variants across the world starting in early 2020 – a tsunami of fraud soon followed the broad sweep of a pandemic that would engulf the global insurance industry. 

Pfizer (NYSE: PFE) is an American pharmaceutical and biotechnology corporation based in New York City. The company accrued $81.29 billion in revenue last year, currently holding rankings of 46th on the Fortune 500 and 49th on the Forbes Global 2000 lists. 

Healthcare is an increasingly complex sector of the global economy, and AI is playing an active role in the worldwide evolution of the industry throughout its many disciplines. In a Deloitte study released earlier this year, 85% of respondents among healthcare business leaders said their enterprise was increasing AI spend before 2023.