ai companies in singapore

Top 15 AI Companies in Singapore

Singapore is a heavyweight when it comes to the development, deployment and commercial use of AI and related technologies. A tech hotspot known for its vibrant startup culture, the country released its National AI Strategy to boost the adoption of AI technologies in 2019. It aims to align talent, regulation, and business growth to make sure that AI applications serve society. Here, we will take a look at the Top 15 AI Companies in Singapore, in no particular order:

 

 

Top 15 AI Companies in Singapore

Top 15 AI Companies in Singapore

 

1. Biofourmis

Biofourmis reinvents remote patient monitoring by detecting personalized patterns that can predict the health deterioration of a patient. It addresses the challenges that impact the health and pharmaceutical industries. Biofourmis helps fast recovery possible by delivering and transitioning patients across levels of care, clinical trials, and drug companions. Any delay in treatment can be avoided by adopting unique solutions that allow continuity of care and more care options. It offers streamlined services, access to targeted patient populations, and improved economic, operational, and clinical outcomes.

Its technology-enabled solutions allow the patients to receive care at home, and easily transition between levels and locations of care. Based on the results, it can be concluded that a 70% reduction in 30-day readmissions, the ability to detect deterioration 21 hours sooner, and reductions in cost of care by up to 38%1,2 is possible when relying on Biofourmis for patient care.

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2. Osome

Osome serves the needs of small and medium enterprises by offering an accounting and corporate compliance app. Its platform operates on machine learning-based technology to automate administrative, accounting, payroll, and tax-related work.

As the founders of Osome believe that entrepreneurs solve the problems of society, the team of Osome takes care that entrepreneurs are not distracted from their important tasks by handling all the routine tasks.

Also, Osome believes that administrative routine is not the job of an entrepreneur. Thus, it provides tools to handle administrative tasks efficiently.

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3. Near

Near has built a platform called AllSpark, which is an interactive, cloud-based AI platform. It works across 44 countries to create anonymized, location-based profiles of users based on the information that it gathers through different sources and then merges from phones, data partners, carriers, and customers. It helps you gain valuable insights and predict trends in the places and people that are crucial to your business. Leading organizations across more than 44 countries use Near’s data intelligence across Retail, Restaurants, Real Estate, Travel and Tourism, & more. Near’s data helps you curate audiences based on act-alike modeling, location affinity, and demographics, thus assisting marketers and advertisers to maximize their campaign effectiveness.

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4. ViSenze

ViSenze is an AI startup that develops advanced visual search and image recognition solutions to aid businesses in eCommerce,and online advertising. It allows companies to deliver customized ads to their customers and deliver a truly engaging experience with smart product search by image. The shoppers can find the product they desire by simply using a photo, saved image, or even a screenshot.

This company offers retailers the best product discovery solution in the industry. Their team is committed to working with customers to continuously analyze performance and recommend new ways to maximize success. It allows retailers to quickly integrate their full product catalogs from multiple e-commerce, PIM, and DAM platforms with the Discovery Suite.

 

5. Tricog

Tricog offers AI-based cardiac diagnostic tools to assist in solving cardiovascular conditions by identifying them in real time and with accuracy. Their robust technology, medical-grade AI, and intuitive tools improve the cardiac care of patients by bridging the gaps in cardiac care infrastructure, expertise, bandwidth, availability, and efficiency. The technology has diagnosed 14M+ patients and saved the lives of 492K+ patients. Their journey began in 2014, by founder Dr.Charit Bhograj who is an Interventional Cardiologist. The InstaECG™ allows doctors to now have more accuracy and consistency in interpretation, increasing the chances of patients surviving a heart attack.

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6. Tookitaki

Tookitaki is an AI startup that offers an ML platform to build and optimize workflows for Financial Institutions primarily in the AML and Reconciliation Space. Technology allows us to redefine financial crime compliance to make the world a better place to live. As the founders of the company believe that technology is for the greater good, their only moto was to break silos and provide a platform where AFC experts across the globe can use their knowledge and expertise to build a safer society.

Its AFC Ecosystem includes its network of experts and provides a platform for the experts to create a knowledge base where the financial crime scenarios can be shared. The network of experts includes risk advisers, legal firms, AML specialists, consultancies, and financial institutions from across the globe.

 

7. Active.Ai

Active.Ai, a start-up founded by Ravishankar, Shankar Narayanan, and Parikshit Paspulati in 2016 has built an advanced, proprietary conversational AI platform that can be easily deployed for financial institutions, insurance companies, and capital markets. Well-known for its vibrant tech ecosystem and supportive regulatory environment, it has become a hub for various startups, including the ones in fintech.  Active.ai has established partnerships with banks and financial institutions around the world to implement its AI-powered conversational banking solutions

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8. Yojee

Creating waves in  the logistics solutions space, Yojee’s software is powered by Artificial Intelligence and Machine Learning for world-class fleet management and optimization, thus helping its clients to gain more time at an affordable price.

It has offices in Singapore, Australia, Malaysia, and Vietnam, and works with customers across the globe to deliver its unique software solution.

With the increase in competition, businesses can lead the pack by equipping their logistics division with the latest technology in supply chain and logistics. Its cloud-based solutions have helped its customers automate and orchestrate their logistics operations, providing end-to-end visibility of first-, middle-, and last-mile operations. The team at Yojee works with its customers to reduce costs, streamline day-to-day operations, and enhance the delivery experience for their customers.

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9. Cortical Labs

Cortical Labs, a biological computing startup is revolutionizing computing by integrating living neurons into chips. Cortical Labs have created the DishBrain that fuses living brain cells onto computing devices to create machines with biological intelligence. The Dishbrain is currently being developed at a laboratory in Australia. The innovation brings neurons to life and integrates them into the biOS (Biological Intelligence Operating System) with a mixture of hard silicon and soft tissue. Their first cohort has learned to play Pong.

Rather than developing a smart computer, they try to grow a mind native to the infinite possibility space of digital computing.

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10. Impress.ai

Impress.ai develops AI chatbots for recruiters. It helps to speed up the process of screening for the Human Resource managers.  It is a self-serving, automated candidate screening solution to save time and effort. The AI-powered Chatbots respect diversity, equity, and inclusion and make unbiased hiring decisions to achieve DEI hiring objectives. The chatbots are designed to provide a delightful experience to every candidate by engaging in a personalized manner at every touchpoint. It seamlessly integrates with your ATS, Assessments, Analytics tools, and more. Its AI/ML-powered assessments and evaluations assist in hiring accurately. The chatbot allows you to Navigate effortlessly with minimal technical knowledge and training.

 

11. Nektar.ai

Nektar.ai, a B2B sales productivity startup develops an AI-based virtual sales assistant to improve the productivity of sales teams. The company develops its AI using the graph machine learning technique that innovators like Tesla follow. The new-age design ensures superior ‘capture-enrich-map’ performance even in the most complex deals. Nektar is the only data capture solution in the market that covers everything, from common use cases to an extensive list of advanced and edge cases needed by revenue leaders for GTM success. Nektar aims to offer a true view of CRM data to revenue teams so that it can seamlessly co-exist with any of your existing GTM tools.

 

12. Sesto Robotics

Sesto Robotics, an autonomous technology solutions startup is a leading provider of Autonomous Mobile Robots (AMRs) and applications that automate delivery and material handling in the process of manufacturing, healthcare, and commercial facilities. The Sesto Robotics AMRs are fully developed in-house and powered by their proprietary operating system that brings cutting-edge intelligence and tasking capabilities to the intralogistics needs of the customers. The innovative AMRs can integrate seamlessly with doors, lifts, and Manufacturing Execution Systems (MES) and have helped global manufacturers deliver mission-critical results with high uptime and ease of operation.

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13. 6Sense

6sense Revenue AI™, a startup that helps B2B organizations eliminate guesswork to proceed with confidence putting the power of AI, big data, and machine learning behind every member of the revenue team. The team of 6sense with other entrepreneurs and companies across the globe are committed to philanthropic efforts by pledging 1% of their equity, time, product, and profit to improve our communities.

The company curates the most relevant B2B dataset available, arming revenue teams with the right information to engage with the right accounts, with the right messages, at the right time. Its groundbreaking AI continuously delivers revenue teams with world-class intent data, accurate predictions of buying stages & fit, recommendations for the next best actions, and more.

 

14. Ucare.ai

Ucare.ai develops AI especially for the healthcare system to increase efficiencies and help patient coverage. The company leverages deep learning and neural network algorithms to predict healthcare patterns in patients, and beyond, to reduce preventable hospitalization, thus saving costs and hassles. This allows medical professionals and insurers to focus on the more obvious risk patients.

A team of data scientists, technologists, and domain experts came together with a mission to create the most advanced AI capable of making accurate predictions years into the future. The AI serves the 3Ps, namely, Patients, Payers, and Providers. The startup now aims to replicate its success in providing predictive analytics to Financial Services, Food and beverage, Retail, Security, and more.

 

15. BasisAI

BasisAI is an AI company that helps enterprises move to the next stage in their AI journey. From algorithms to architecture, it takes care of end-to-end development of scalable and responsible AI systems. It primarily focuses on providing a platform to create and deploy machine learning models efficiently and responsibly.

 Founded in 2018 by Liu Feng-Yuan and Linus Lee, the company aims to assist organizations in implementing AI technologies effectively while ensuring ethical AI practices. Bedrock, a platform is designed to streamline the process of developing and deploying machine learning models. It provides solutions to issues regarding data quality, model governance, and explainability, crucial aspects in ensuring responsible AI implementation.

FAQ

According to the 2023 Asia Pacific AI Readiness Index released by tech giant Salesforce, Singapore is the leading nation in overall Artificial Intelligence readiness in the Asia Pacific.

As per Statista, Singapore’s AI market size is projected to touch US$3.88bn in 2024, with a CAGR 2024-2030) of 17.84%. This should translate to a market volume of US$10.39bn by the end of 2030.

Singapore has a belief that its balanced approach to AI can facilitate innovation while safeguarding consumer interests and serving as a common global reference point. IMDA (the  statutory board under the Singapore Ministry of Communications and Information) has recently developed AI Verify, an AI governance testing framework, and a software toolkit.

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