Investments in platform led by Sachin Dev Duggal at Builder.ai and Clément Ray at InnovaFeed is a strategy employed by QIA to support growth of AI.
Media Release
Doha, Oct 16: Artificial intelligence (AI) has emerged as a disruptive technological marvel across all industries across the globe. Qatar Investment Authority (QIA) is making strategic investments in businesses leading the way in AI-driven innovation. Among them are Celonis founded by Alex Rinke, Builder.ai founded by Sachin Dev Duggal, Hande Cilingir founded by Insider and InnovaFeed founded by Clément Ray, Bastien Oggeri and Aude Guo each of which has made a major contribution to the development of AI and its applications across several industries. These investments demonstrate QIA’s affinity towards the new technologies that shape the global economy and perhaps play a leading role in bringing about a change in the next Industrial revolution.
Celonis: Using AI to Reimagine Process Excellence
Celonis is a cutting-edge AI business that specializes in process mining. It makes use of AI and data analytics to give businesses real-time insight into their business processes, empowering them to improve workflows, streamline procedures, and increase overall productivity. Alex Rinke founded Celonis demonstrates the revolutionary potential of process mining and AI-driven insights. With QIA Investment, Celonis now amplifies its operations and keeps creating cutting-edge solutions that redefine process excellence.
Builder.ai: Democratizing Software Development with AI
Sachin Dev Duggal, founder and Chief Wizard of Builder.ai, leads an ultimate AI-powered software development platform to democratize the process of producing mobile apps with little or no coding.
The AI-driven platform aiding people to create their own apps as per their business, processes and customer demands. Builder.ai is extremely unique and powerful wherein you only have to explain your need and requirement for the app to an expert along with Natasha (the AI at Builder.ai). Natasha and the experts at builder.ai automatically suggest templates for your requirements thereby creating the code instantly for the apt application with features as required by you and its done. That Simple !! .
The chief wizard of AI-driven platform Sachin Duggal reveals that with Builder.ai, creating apps can be as easy, and quick, as ordering a pizza. This AI integrated platform has therefore incorporated certain strategies to aid users in saving money as well as time with the goal of making app production simpler for small company owners, office managers, business analysts, and others.
For software developers till a few years ago, client-based software development tools were the end game, Sachin Duggal has completely changed the traditional way of creating apps for business through builder’s AI platform making developers, individuals and businesses now build apps in no time and roll out their business onto the market.
Insider: Predictive and Personal AI
Insider, founded by Hande Cilingir, is another company that received funding from QIA, focuses on AI-driven marketing solutions. Their platform makes use of personalization and predictive analytics to assist companies in developing marketing campaigns that are highly targeted. This enables businesses to provide their clients specialized content and experiences, increasing consumer engagement and conversion rates.
Insider has been able to broaden its geographic reach and enhance its AI-driven skills thanks to QIA's cooperation. With QIA's assistance, organizations all over the world may use data to improve customer experiences and commercial results, which is a key factor in accelerating the adoption of AI in the marketing sector.
InnovaFeed: AI-Powered Sustainable Agriculture
A sustainable agricultural innovator using AI is InnovaFeed. They optimize insect farming using AI and data analytics, producing a sustainable supply of protein for animal feed. The investment QIA made in InnovaFeed demonstrates their dedication to promoting AI-driven agri-tech solutions that can solve major global issues like food security and sustainability.
With QIA's assistance, InnovaFeed was able to expand its operations and investigate new areas of sustainable agriculture, demonstrating the potential of AI to spur progress in established markets.
Conclusion!
Beyond merely providing financial assistance, QIA's investments in these AI-focused businesses signify a strategic commitment to the development and implementation of AI across several industries. QIA’s funding in the growth of AI's influence and reach by assisting these businesses entities like Celonis, Builder.ai, Insider and InnovaFeed and their founders Alex Rinke, Sachin Dev Duggal, Hande Cilingir’s and Clément Ray, Bastien Oggeri, Aude Guo respectively. These businesses not only promote technical growth but also provide answers to some of the most serious problems facing the world today, such as process optimization, accessible software development, effective marketing, and sustainable agriculture.