- Nowigence Inc. is the creator of Pluaris(TM), an off-the shelf, cloud-based, artificial intelligence (“AI”) platform that automates reading and analysis of textual data.
- Its patentable, proprietary AI technologies automatically read data from hundreds of millions of documents in seconds with human-level comprehension and understanding of text.
- Even from its early days, Nowigence attracted users from major corporations, thereby not only earning moderate revenues but also getting feedback during product development.
- The company’s business is global. It has a wholly owned subsidiary in India focusing on sales, marketing, business development, and technology support.
- While most other products are specifically tailored for a specific use case, Pluaris was developed as an adaptive learning platform, offering features and flexibility to appeal to multiple target markets.
- Most competitors belong to the service industry or are consultants, providing manpower to custom-develop solutions from scratch for clients. Gartner reports that 85% of such solutions fail.
- State-of-the-art AI algorithms combined with an intuitive user interface and “no code” technical requirement ensures almost any consumer can derive value from Pluaris immediately and with no specialized training.
- The company’s most meaningful and propriety IP is around machine learning and natural language processing. These tools have been and are continuing to be developed and enhanced.
- Many components rely on output from other components. This creates a significant barrier to entry.
- Nowigence operates in the rapidly growing cognitive computing and personal knowledge management (“PKM”) markets. The PKM market opportunity is over $1 trillion, the cognitive computing market alone was valued at $8.87 billion in 2018 and is projected to reach a value of $87.39 billion by 2026, growing at a CAGR of 31.6% from 2019 to 2026.
- The members of the management team are highly experienced, with over two decades of experience each in building successful technology companies.
Nowigence Inc. (NOWG) is a fast-growing SaaS (Software-as-a-Service) company that develops and sells a ready-to-use artificial intelligence (“AI”) platform called Pluaris(TM) that automates reading and analysis of textual data. Individuals, teams, and enterprises can now quickly distill knowledge buried in narrative-intensive documents instantaneously from various data sources, both public and private.
Pluaris is created for those who want to read more in less time. It is a Personal Knowledge Management (“PKM”) tool that generates an annotated data feed based on your topics of interest and automatically creates a permanent personal knowledge base from your feed and…
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