Artificial intelligence and machine learning are two technologies we constantly keep hearing about these days. What is making rounds in current market about these technologies and how they affect our modern lifestyles? AI and ML are technologies which can help humanity a great deal by providing quicker insights to improvement if used ethically and correctly. There are still many areas of these technologies which haven’t been explored or researched the way they should have been. That’s where AntWorks comes in with a fresh approach and diversifies skillset on these technologies for efficient use of data.
AntWorks Differentiator
Data mining and analysis can help any business a great deal, that is known fact by now. AntWorks disrupted the traditional RPA industry and created a whole new category, integrated automation platform in the industry. It changed the way the industry looks at automation, beyond Robotics Process Automation. AntWorks was co-founded by Asheesh Mehra, Group Chief Executive Officer, and Govind Sandhu, Chief Operating Officer. Together withDr. Venkat, Chief Technology Officer, they continue to shape the company and set the course for the future of AI.AntWorks was founded with a mission to manifest the power of ethical AI while delivering the greatest value to customers and all of the stakeholders. Theunique selling point (USP)of the company is its proprietary integrated automation platform (IAP), powered by Fractal Science which is industry’s first. This isin addition to its customer-centric approach.
Journey So far..
AntWorks, since its inception has been quite instrumental in the way they have impacted Artificial Intelligence and Robotic Process Automation space. The building of business all across the world against competitors who have been in the space longer than them was biggest challenge of them all. But that goes on to show the appetite for growth in this company. Starting with 48 employees, AntWorks now boasts a workforce of more than 500 employees who are experts in their respective skillsets. AntWorks is headquartered in Singapore and has increased its global presence over the last 12 months across Australia, Canada, Dubai, France, India (Bangalore, Chennai, Mumbai), Japan, Philippines, Singapore, UK and US. They have further plans to expand presence in Europe, Middle East and Southeast Asia region.
Many organisations are trying to innovate processes which will help the transformations within their organisation.
That’s where ANTsteinTMSQUARE comes in.
ANTstein helps organisations gain accessibility, usability and mobility in scaling automation. It provides Digital workforce management to address scalability issues and unstructured data. And it’s easy for everyone to use.
AntWorksTM proprietary platform – ANTsteinTM SQUARE is a fullstack solution that enables non-technical business users to automate end-to-end business processes quickly, easily and in a scalable manner. The industry’s first integrated automation platform (IAP), powered by Fractal Science, ANTstein SQUARE is a multitenancy solution that allows for maximum bot utilisation, understands all types of data, and provides customers with a one-stop solution for data curation and building, deploying and managing an AI-enabled smart digital workforce.
The current solutions available in the market are isolated solutions, targeted for specific tasks of the automation process. ANTstein however, moves past stand-alone task-based RPA, removes the unstructured data challenge and automates complete processes instead of tasks.
The key differentiation is that ANTstein is powered by fractal science technology principles and pattern recognition. It is based on premise of self-similarity and that networks of neurons carry similar but not identical signals about patterns.
The ANTstein platform supports multitenancy, and the bots can function in multiple roles and can run simultaneously and work with humans (as in “attended” mode) on a single desktop. This means that multiple BOTs reside on a single machine and perform different processes simultaneously. It allows the user to use the same machine to perform other functions at the same time. The technology deploys multi-skilled BOTs that can define its process or activity. This allows for dynamic deployment of BOTs across processes.
What AI will hold for 2020 and beyond
AI is improving the way we work, live and is also being leveraged to solve some of the world’s greatest challenges. AI-powered technology is being used for prolonged time periods across multiple uses cases ranging from using AI to respond to natural disasters to helping differently abled individuals like those affected with blindness navigate their surroundings.While AI clearly has amazing benefits, it also comes with inherent deterrents such as AI bias, accelerated hacking and AI terrorism. This is where a huge task awaits enterprises, government institutions and legal organizations as they strive to bring in balance & tackle the larger issues that can arise from misuse of this technology. The success of using AI for good depends upon trust which can only be built over time with utmost adherence to ethical principles and practices.
Asheesh Mehra, AntWorks Co-Founder and Group CEO said:“Ethics regarding the use of AI across all industries will be in the limelight throughout the 2020s. The applications for AI to solve for some of the world’s greatest challenges and enhance the quality of our personal and professional lives are limitless. Yet, it also poses serious concerns with AI bias, accelerated hacking and AI terrorism a reality of the world we live in today. This is where big challenges await both government and legal organisations as they tackle the larger issues that can arise from misuse of the technology. I predict we’ll see an increase in focus and desire to expand AI regulation around the world, and there will be greater consequences for those out of compliance. I also believe we’ll see a greater onus and accountability put on those leaders and businesses delivering any form of cutting-edge technology to do it responsibly and ethically, and for the benefit of all.”
Achievements and Accolades
AntWorks has received numerous awards and accolades which reward their compassion towards making ethical use of Artificial Intelligence. Below are some of notable awards received by AntWorks,
- Asheesh Mehra, Co-Founder & Group CEO, was named 2019 Innovator of the Year – Technology award by the Singapore Business Review Management Excellence Awards. The award honours trailblazing innovators whose outstanding initiatives brought tangible contributions and success to their businesses.
- AntWorks won the Frost & Sullivan’s Technology Innovation Award in the intelligent automation software industry.
- Received 451 Research – Fire starter award for its exceptional innovation and market vision.
- Finalist in The Hackett Group Digital Awards, AntWorks along with its client, Indecomm Global Services was recognised for redefining mortgage processing.
- A winner at L&D World Awards presented by Adobe for best use of Technology in Learning.
- Ranked as a Leader in NelsonHall’s Intelligent Automation Platforms NEAT Research
- The Everest Group recognised AntWorks as a Leader in Intelligent Document Processing (IDP) PEAK Matrix in addition to naming them as a Major Contender and Star Performer in RPA Products PEAK Matrix.
- IDC and Ovum highlighted AntWorks’differentiation noting the data-led approach that enables organisations to benefit from end-to-end automation.
- Avasant’s Intelligent Automation Tools RadarView named AntWorks as an innovator for its data-centric approach to intelligent automation.
- Constellation Research has for the third consecutive time mentioned AntWorks in their RPA Shortlist™.
- Recognised as a Niche Player in Gartner’s first RPA Magic Quadrant 2019
- AntWorks received an overall score of 4.7 out of 5in Robotic Process Automation Software, based on 36 ratings as of 30 Oct 2019 from independent buyer feedback on Gartner’s Peer Insights .
Work Culture and Views on ethical use of AI
AntWorks fundamentally believes that for a truly successful team environment we must all treat our co-workers with the care, empathy, compassion and respect that we would give to our own family, and they invest a lot of time and energy into ensuring that they practice what they preach.
By offering a safe and professional work ecosystem, AntWorks promotes integrity and strong work ethics.
AntWorks firmly believes in using AI ethically and responsibly. As we advance to 2020s, AI and Automation can be a force of good for humanity but only if it is smartly monitored and controlled. This begins with incentivising further advancements and innovation to the tech, which means regulating applications rather than the technology itself. Future forward companies and governing bodies must come together to put a global framework in place for this to happen.
