Veritone: Turning Artificial Intelligence into Actionable Intelligence
Chad Steelberg, Chairman & CEO
Over the last few decades, AI and its applications have moved from being an explicit branch of computer science to an inevitable business necessity. Although AI today continues to shape industries, its deployment in many industries is still in infancy. Managing petabytes of content and data with narrow cognitive engines, each working in a silo, solving a single problem are the most critical and systemic issue facing industries including public safety, advertising, legal, and politics.
Understanding these drawbacks in the current application of AI in business, California-based Veritone has developed an ecosystem of more than 65 integrated cognitive engines orchestrated together, revealing valuable and multivariate business insights. Veritone differentiates itself in the space with its multi-dimensional, open platform, diverse deployment options, and a best-of-breed ecosystem. The company has provided reliable AI solutions to established brands in television and radio broadcasting, politics, legal, and public safety industries.
“The Veritone Platform is unique and extensible, enabling users to employ multiple narrow cognitive engines,” said Chad Steelberg, Chairman & CEO, Veritone. “Currently, the Veritone Platform is the only tool available to produce these results simultaneously.”
The Veritone Platform is comprised of top-notch cognitive engines and powerful applications in an expansive developer ecosystem. These engines can be used together and continuously evaluated over the parallel employment of multiple systems, providing the best possible outcome depending on preference for accuracy, speed, and cost. Previously, audio and video searches were manually performed, taking huge amounts of manpower in any industry with mass amounts of data.
Spearheading the advancement
roadmap of AI, Veritone manages
to bridge what the AI industry
lacks today—a concrete, intuitive
way to use multiple cognitive
engines at once
Veritone creates an easy, intuitive way to manage this data in a searchable way. The obvious benefit is that businesses save crucial worker hours not running manual systems one-by-one. Instead, workers can perform comprehensive analysis for better decision making.
In the media industry, it’s incumbent to remain relevant to maintain a competitive advantage, and with AI, companies are provided context to connect people to relevant content. Veritone, which is cloud-based, transforms private and public media into actionable intelligence using proprietary technology to choose the best cognitive engines for each search conducted in the platform. The architecture of the Veritone Platform fully empowers an entire organization with near real-time insight, from sales and programming to administration. Brands like TuneIn, the world’s largest audio streaming network, uses the platform to index, analyze, and search content. Also, brands like Taco Bell use the Veritone Platform to monitor brand sentiment and verify paid placements of advertising in broadcast media.
Safariland Group, the parent company of VIEVU, also teamed up with Veritone for law enforcement customers to upload and process vast amounts of audio and video recordings. Because the Veritone Platform is the only tool to produce these types of results using multiple AI engines, it enables industry professionals to make impactful decisions and identify crucial pieces of information quickly. Veritone empowers industries to manage and access the digital space in a way they couldn’t before.
Due to its capable portfolio and unswerving efforts to serve its clients in the best way possible, Veritone has bagged prestigious honors, including the Red Herring Top 100 North America Award and the Edison Awards Gold for Innovative Services, Cloud-Based Platforms.
Spearheading the advancement roadmap of AI, Veritone manages to bridge what the AI industry lacks today—a concrete, intuitive way to use multiple cognitive engines at once. As the company continues to underpin multiple industries like media, politics, and sports with artificial intelligence, Veritone has plans to diversify its portfolio by establishing a set of cost-reducing and profitable AI systems.