Foresight Factory CEO and Co-Owner Meabh Quoirin is proud to announce the demo release of their new AI called 'Collision', an analytical and intricate tool with the purpose of helping growing businesses to make the best possible decisions through market trends, general user data, survey results, and more.
Additionally, 'Collision' responds with outputs that appeal to a client's personal preference and how they want to proceed with their ventures.
By having a focus on effectiveness, flexibility, and human-like comprehension, Collision promises to start the next generation of AI systems.
About Collision
With the use of human inventiveness infused with AI abilities, Foresight Factory's 'Collision' aims to predict trends and comprehend customer behavior. Requiring the relentless labor of a multidisciplinary team of data scientists, machine learning professionals, and domain experts, 'Collision' is the development of an AI system that can handle and analyze enormous volumes of data in real time.
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Why is it the World's First?
A lot of AI systems such as Open AI attempt to understand what's popular in the marketplace, leaning towards the "supply side", telling users the current trends by looking into what people have talked about and done to date, with a little hint of where it would possibly lead in the future.
It gives us a general idea of what to expect, yet not fully showing the whole picture by the lack of a properly calculated view of what you need to think and act on.
Foresight Factory's 'Collision' AI shows us a bigger view of the aspects that affect a business overall, providing both the entire "supply side" and "demand side." The distinguishing factor of AI is how it tells you every side of the market is progressing. Your contenders, customer demand, and what steps you need to take in order for your business to stand out.
How it Works
Collision not only focuses on what's happening in the present but also acts as a planner for the future by mapping out all areas of the market. Areas such as accurately predicting what consumers will demand in years to come, keeping up with what's trending, and how to get ahead of other business competitors. Offering you decisions that can bring out the best-case scenarios for five years, and possibly up to a decade.
Natural language processing (NLP), machine learning, and big data analytics are all combined in "Collision." It can decipher textual data from unstructured sources, including blogs, news stories, social media, and consumer reviews. Businesses may comprehend customer preferences and viewpoints by using NLP skills to extract context and sentiment. In order to make sure that forecasts are accurate and current, machine learning algorithms are continually improved.
With just the click of a button, users can access all the elaborate data to take in, and possible actions necessary to improve in real-time.
Intended Uses and Audience
At least half of Collision's user base is comprised of senior decision-makers, yet the AI can be used by any individual who is in need of assistance regarding the betterment of their own personal ventures. Because ultimately, Collision's main goal is to bring out the highest potential of every client's business all the while making sure that it doesn't stray from the owner's preferences, keeping it original and authentic.
Future Possibilities
By delivering actionable insights from various data sources, Foresight Factory's "Collision" revolutionizes AI technology and enables businesses to make wise decisions for development and innovation. Businesses will be able to negotiate upcoming complexity with assurance and foresight as "Collision" expands its influence on industries.
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