"Machine learning is attracting a lot of interest from tech giants, who are spending a lot of money and effort to hire the best machine learning researchers. Companies in the sector are aware of this and are making a great effort to grow and offer highly advanced machine learning services that can be applied in a wide range of sectors. Proof of this is that if 4 years ago the sector scenario was a growth of 45% in number of companies per year, in the last 2 years, this growth has stagnated a little giving prominence to the growth in number of financing rounds obtained per year in the sector.
Machine learning applied to different sectors
The sector par excellence is software, where we have found 25 companies in the industry, these companies enable the transformation of large volumes of data by adding predictive and analytics capabilities to machine learning capabilities, such as Spanish Clever Task which uses learning from past data to predict future behaviour.
They are followed by the analytics and advertising sectors, where we found 19 and 12 companies respectively.
Acquisitions in the sector are still very rare. Most of these acquisitions operations have been made in the USA, there is only one company that is not American, that is Belgian. NGDATA, dedicated to increasing customer lifetime value through data information processing. The companies acquired by NGDATA have been ENQIO in March 2013 and Outerthought in 2011.
"Google stands out as the most active buyer in the sector and has already made three purchases: two of these, the purchase of Emu Messenger y ImpermiumThe following events were carried out in 2014. Emu Messenger is a messaging service for iPhone that uses artificial intelligence - machine learning and natural language processing - to understand messages. Impermium is focused on controlling spam and eliminating online fraud and abuse on the web," says Diego Gutierrez of Abra Invest.
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