5 Start-Ups That Are Revolutionizing The Business World

When we think about organizations, big names such as Microsoft and Google come to mind, the business world today is dominated by a number of gigantic organizations that have worked their way to the top and now have enough power to control the global market with their actions. One might think that the business world is only for organizational giants and that the industry has become so saturated that small businesses are soon to become redundant, but the truth is the exact opposite, in the last few years the number of start-up businesses popping up here and there has increased dramatically.

Easier access to the tools needed to run and manage a business has given plenty of entrepreneurs to make something out of their business ideas, the internet has also helped people a lot by making marketing more affordable and by providing businesses with a medium through which they can directly interact with their customers. A vast majority of start-ups nowadays are primarily tech based, providing new and innovative technologies that integrate work and artificial intelligence to make work more efficient.

Let’s take a look at some start-up businesses that are really going places right now, all of these businesses provide technologies that focus on helping organizations revolutionize the way they work, allowing them to do more in an effective and efficient manner.

Mention

In today’s day and age our entire society is directly controlled by social media, people share all kinds of information on websites such as Facebook and Twitter and rely on these websites as primary sources of information. Mention is a start-up that has been around for three years now and provides businesses with the ability to track their general perception in society. The tool works in a simple yet efficient way by keeping track of specific keywords that are used on social media, the keywords can be assigned, and then any topic having that keyword in it will become highlighted.

This way companies can know in real-time when they are being discussed and react to it as soon as possible, so far Mention has around 350,000 users all of whom make use of the tool to keep track of their business’s public image and find out who is interested in what aspect of their business.

Wade & Wendy

Computers are making advancements at an astonishingly fast pace and are becoming capable of doing more and more with every passing day, artificial intelligence programs are continuously being improved and are already capable of doing so much. Wade & Wendy takes artificial intelligence and integrates it with a business’s hiring process, their AI software consists of two “personalities” who grow and build new relationships as they interact with people.

Wade focuses on providing people with career advice and helps them discover new opportunities for themselves and Wendy is designed to be a know it all employee who has extensive knowledge of how the company works. Her primary function is to figure out which employee should be placed where to maximize efficiency and help the business grow. The start-up received a staggering $1.5 million in its seed funding because it might assist in revolutionizing how companies hire employees.

Viv

Viv is another start-up that is focusing on providing artificial intelligence that can help businesses access information of all kinds in a fast and natural manner. The company’s objective is to create something like Siri or Cortana, but without the limitations and gaps that make both of these AI programs just okay to use. The team working on Viv even has a member who worked on creating Siri and has been actively working to build an intelligent interface with which people can converse through various devices.

What makes this system truly brilliant is the fact that it learns as it is used, familiarizing itself with its user’s preferences and staying connected with an extensive range of information sources to answer almost any type of question that comes its way.

Looker

Having ample resources is a must for any business that wants to survive, but having access to updated information about the business world and the environment in which the company operates is also incredibly important since it helps businesses stay ahead of everyone else and foresee trouble. Looker is a start-up that aims to make accessing and analyzing information more feasible for companies, the 5-year-old start-up’s product is a self-servicing platform which makes understanding big business data easier.

The platform can be used by people to interact with data scientists, ask and answer questions and conduct research in a more efficient manner. Its unique data modeling layer transforms raw data into something more organized and easier to understand, the moment it gets connected to a database it starts describing data to form a foundation for a data model.

Red Canary

The internet has been a Godsend for every organization in the world since it has made connecting with the world so much easier. However, it has also added to the number of risks an organization has to deal with. Businesses rely on their information systems a lot, and these systems can become pretty vulnerable if not managed correctly. However, a lot of companies don’t have the resources to hire IT specialists to keep their systems secure. Red Canary is a start-up that has come up with a solution that lets companies stay safe in an affordable manner.

Their software provides a portal through which people can identify threats throughout the entire organization, endpoints can be tagged according to region, business unit and more to make the threat display more organized and allow managers to respond in a shorter amount of time. The software is really thorough when it comes to identifying and analyzing risks and is even capable of accurately identifying false positives. The start-up has been around for 3 years and has helped many businesses safeguard their data.

The future of the business world seems to be filled with promise, we’ve only looked at a handful of the many start-ups out there that are working on providing people with innovative technology that is bound to completely revolutionize how we work within the next decade or two.

Do you know of any other startups that are working on bringing a significant change to the business world? Let us know in the comments below!