blog image

7 AI Product Development Companies for Your Next Big Project

AI product development accelerates production, distribution, marketing, and success. There are countless advantages of working with AI product development companies to boost your next project. Here, we’ll discuss the top artificial intelligence companies from around the world.

Artificial intelligence is transforming the world of product development. From research to designing to personalization, AI can help a business create faster, better, and more profitable products to attract a large number of customers. 

According to GrandViewResearch, the global AI market is estimated at $136.6 billion and is expected to reach $1.81 trillion by 2030. PwC says AI tech can increase revenue by over $15 trillion in the next decade. 

Many business organizations are adopting AI technologies. As per Forbes, around 83% of companies say using AI in their business strategies is a top priority. Most of them invest in artificial intelligence by partnering with AI development companies. This saves time and resources spent on building a model from scratch and dealing with various bottlenecks in the process. 

So, what are the top AI product companies? What is AI product development? 

Let’s find out in this blog.


What is AI Product Development?

Artificial intelligence is used for a multitude of purposes in the global market. It has a vital role in product development and helps businesses in various ways. For example, 

  • AI models can streamline and shorten the production cycle by analyzing each step (planning, designing, development, quality testing, marketing, etc.) and eliminating unnecessary tasks. 
  • Automation can be used to speed up recurring processes, minimize errors, allocate resources, send alerts, manage invoices, and so on. 
  • Predictive analytics can help the marketing teams determine the right time, place, and conditions to launch the product and attract more customers. 
  • AI and data analytics help understand customer feedback and requirements when designing a new product or enhancing an existing one. 

The phases of AI product development are as follows: 

  • Conceptualization (generate and validate ideas, analyze customer feedback, identify market trends, etc.)
  • Product Design (automate designing using AI models; adjust parameters to get several designs in less time) 
  • Intelligent Simulations (identify flaws, predict product behavior after release, modify designs, and mitigate risks)
  • Manufacturing with AI (optimize resources and production, monitor machines, predictive maintenance, etc.) 
  • Time-to-Market (reduce the time taken to release the product into the market, make data-driven decisions, enter new markets, etc.) 

So, which companies are working on AI development? How are the leading brands using artificial intelligence to develop efficient and personalized products? 

Here are a few examples –

  • BMW uses AI computer vision for quality control. It inspects the car parts to identify defects and replace them early in the production stage. 
  • Under Armour, a footwear company, uses AI to analyze customer feedback and complaints to improve the quality of its products. 
  • Netflix uses an AI algorithm to offer personalized recommendations to each user based on their viewer history and ratings to enhance customer experience.

Top AI Product Development Companies

DataToBiz

DataToBiz is among the best AI product development companies to partner with. The company offers collaborations with industry experts to guide brands in developing better products. It works with SMBs, MSMEs, and large enterprises from different industries. The company has clients from around the globe and specializes in providing end-to-end AI-ML solutions to its clients through a systematic, tried, and tested customer-centric approach. 

DataToBiz takes care of ML product development, product integration, data strategy, model selection & testing, final product deployment, and long-term maintenance services. The company is a certified partner of Microsoft Azure, Google Cloud, and AWS. The AI development team has experience in working with a range of development and data storage tools. It has developed AI products like PrepAI, HirelakeAI, etc. DataToBiz is an award-winning company that helps businesses streamline the AI product development lifecycle to increase ROI and profits. 

LeewayHertz

LeewayHertz is a software company that offers extensive artificial intelligence product development and web3 services in diverse industries. The company works with tech-savvy startups and emerging enterprises using advanced technologies to help them get more effective results from their investments. It follows a client-centric model to gain a deeper understanding of the client’s requirements. 

LeewayHertz works with a motto of ‘you dream it, we build it’, to convert ideas into tangible products. It helps create next-gen enterprise solutions through AI/ ML strategy, product development, custom model development, integration, deployment, and support services. The company also offers general AI consulting services and end-to-end development. It is a certified partner of Microsoft, Google, and AWS. 

Markovate

Markovate offers cutting-edge technology solutions and specializes in AI product development services. It builds custom digital solutions based on client’s specifications and converts business ideas into strategic advantages. The company has a presence in four locations and works with a core team of 50+ experts. It supports numerous technologies to drive AI innovation while focusing on scalability, reliability, and performance. 

Markovate helps enterprises unlock the power of data to solve complex problems and revolutionize workflows. It helps solve production challenges and concerns using advanced AI technology. The company has developed AI applications like SmartEats and HealthUp for businesses from different industries. It provides all-around services in adopting artificial intelligence in an organization. 

10Pearls

10Pearls is a global AI product development agency that works with startups and agencies wanting to gain a competitive edge in the digital age. It empowers businesses with artificial intelligence to innovate, grow, automate, and enhance performance. The company has won awards and has been recognized among the Inc. 5000 list of fastest-growing private companies in America for 5 years in a row. 

10Pearls helps with first-time AI adoption, as well as AI consultation and expansion as required by the clients. It offers several technologies and solutions like robotic vision, facial recognition, pattern recognition, etc. The company specializes in the healthcare and hospitality industries. It provides bias-free model training, greater agility, and cognitive UI designs with regulatory compliance. Businesses can also opt for employee upskilling services to train their teams to use AI effectively. 

Systango

    Systango is a publicly traded digital engineering services company offering AI product development services to global clients. It has completed over 1000 successful projects and is popular in developing agile solutions with timely deployments, irrespective of the project scale. The company redefines the possibilities of product discovery, design, software development, and more. It helps organizations navigate the entire product lifecycle to ensure excellence at every stage. 

    Systango focuses on customer experience and is a result-oriented company. It uses AI and ML applications to provide the ultimate game-changing options for businesses to make faster decisions based on real-time analytics. The company has clients in 10+ countries. It works with generative AI and offers custom AI model development, AI security, and automated solutions for businesses to gain a competitive edge. 

    IntellectSoft

    IntellectSoft is a digital transformation consultancy offering AI product development for startups and established organizations. The company helps clients re-imagine their businesses through digitalization and innovation. It provides customer-oriented services and support at every stage, starting from ideation to delivery and continuous maintenance. It works with leading technologies like blockchain, AI, XR, etc., and has won several awards. 

    IntellectSoft follows the best practices to enhance product development methodologies in a structured and systematic manner. It builds AI-based algorithms for automation, advanced analytics, risk mitigation, error reduction, and much more. The company has a team of experts with expertise in a range of languages, frameworks, data management tools, and cloud solutions. It accelerates time-to-market with its 360-degree approach to optimize product development. 

    Kyndryl AI Solutions

    Kyndryl is among the top AI consulting companies and the largest provider of IT infrastructure services in the world. It co-creates tech solutions to help clients reach their highest digital performance to achieve progress. The company has equal importance to human values and people. It has developed The Kindryl Way with 6 key values to offer comprehensive and sustainable services to businesses from various industries. 

    Kyndryl helps speed up AI adoption and promotes innovation at scale with generative artificial intelligence-based solutions. The company has the necessary experience in assisting organizations to reinvent their processes and streamline product development. It also manages end-to-end AI services for large enterprises to promote flexibility and agility in operations and production. The company’s scalable IT framework minimizes time-to-market and maximizes business value. Its future-ready solutions help leverage the power of automated workflows.


    Conclusion

    Artificial intelligence has a versatile role in streamlining product research, design, and development. It increases accuracy and quality while reducing the cost of production. It also enhances customer experience and helps find the right target audience for the products. 

    Any business, from a startup to an established large enterprise can partner with AI product development companies to adopt the latest technologies and models to achieve their goals. In today’s world, investing in AI and choosing the right partner will give the business the much-needed competitive edge and improve brand image in the market. 

    Talk to us to find out more!

    Fact checked by –
    Akansha Rani ~ Content Creator & Copy Writer
    Sunaina Meena ~ Digital Marketing Specialist

    Leave a Reply

    DMCA.com Protection Status