HG Insights, the provider of go-to-market Technology Intelligence to 90% of tech companies in the Fortune 100, announced the release of the first annual HG Insights AI 1000TM — a ranking to guide business innovators with a holistic picture of the generative AI landscape and uncover opportunities in their markets.
HG Insights has been investing in solutions to help customers find success for thirteen years. As AI continues to evolve and revolutionize technology as we know it, HG is already providing customers with the insights they need to capitalize on the rapid growth in the generative AI market. The publishing of the AI 1000 is the next step that the industry-leading Technology Intelligence provider has taken toward moving the market forward.
“Investment in generative AI is moving quickly, with global technology vendors pouring hundreds of millions of dollars and massive computing power into the marketplace,” said Elizabeth Cholawsky, CEO, HG Insights. “The first annual AI 1000 list will unlock selling and buying opportunities for all companies in this fast-changing landscape.”
Identify Businesses Ready To Take The Next Step With AI
The age of AI is now. AI technologies are seeing massive investment across industries — from pharmaceuticals to manufacturing, media, electronics, energy, and more. Generative AI, the fastest-growing segment of AI tools, is a great example of this explosive growth: 60% of organizations using AI are using generative AI solutions and 40% plan to invest more in AI overall thanks to generative AI.
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Distilled from billions of unstructured digital documents — the same that produce the world’s most sophisticated technology installation information, IT spend, contract intelligence, and intent data — the HG Insights AI 1000 provides insights into individual company’s AI readiness, adoption rates, intent to buy, industry and sub-industry, and revenue range. The data is comprised of:
- 466 distinct locations
- 48 distinct countries
- 548 AI technologies available for profiling
By uncovering what AI-related technologies a company is currently researching and evaluating, the AI 1000 list unlocks a breadth of opportunities for vendors who wish to leverage AI to gain a more significant share of their markets.
Rankings on the AI 1000 are based on HG’s patent-pending AI Maturity IndexTM, which includes insights from a specific company’s AI product adoption, the locations where adoption is detected, the strength of these detections, and the application of an Ideal Customer Profile of data-related product detections. This list is crucial for leaders to help identify companies whose technology stack indicates they’re ready to take the leap and capitalize on the wave of innovation in AI.
Rankings on the AI 1000 are also based on the new patent-pending, machine-learning algorithms based on HG Insights’ Functional Area IntelligenceTM. We detect the footprint of departments and roles within a specific company (such as data science, data engineering, and data analysts) and chart how they change over time—on the individual, department, and organization levels. We can then determine which data science-related technologies are in use, where, and on what infrastructure.
HG’s Continued Investment in AI
AI has been making headlines lately, but at HG Insights AI has been the star for over a decade. The company has been leveraging AI for the past 13 years and has five pending patents. Building on this long history, HG is today exploring novel applications of AI as it continues to evolve and revolutionize technology as we know it.
SOURCE: BusinessWire
