Stallion.AI Launches Services in MENA

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ArabNet Team
Oct 22 2018
Technology
Stallion.AI Launches Services in MENA
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The adoption of Artificial Intelligence by enterprises is undoubtedly on the rise as this technology offers significant impacts at a business level, industry level, and government level.

The diversity in AI-enabled solutions ranges across chatbots, speech recognition, natural language processing, voice bots, image and video analysis, medical diagnosis, and finance and investment management, amongst other functions. This makes it necessary for enterprises to engage AI experts in determining the right combinations of tools and products that will give their business a competitive advantage.

Stallion.AI is an Artificial Intelligence (AI) research and development company that is headquartered in Ottawa, Canada, and recently launched a branch in Dubai to target the MENA region.

It is one of the few in the world that offers advanced AI solutions in multiple languages including English and Arabic, and will act as a one-stop shop for all AI-enabled solutions and products. In addition to that, one of the value-added services they offer is to consult on behalf of enterprises in determining what their AI needs are and offering the right technology strategies, data strategies, and business solutions.

“Our mission is to empower MENA’s future economy by helping public and private enterprises rapidly apply AI and machine learning to achieve short and long-term goals and create additional value”, said Samer Obiedat, Chief Executive Officer. “To achieve this goal, we have partnered with many of the world’s greatest minds in the AI industry”.

At Stallion.AI, some of the AI solutions include:

Multilingual chatbots are designed to cater to the needs of the retail, hospitality, banking, healthcare, real estate, and other consumer-facing sectors. Their sophisticated technology understands more than 90% of customer queries and provides a 24/7 customer-interfacing portal.

Although the common risks associated with AI includes anxiety over human replacement, Stallion offers their clientele expert advice not only on exploiting AI solutions but on maximizing human potential in other high-value business related tasks;

Document Analysis Technology processes and analyzes English and Arabic documents within seconds and provides a holistic analysis including risk and control identification. Mr. Obeidat explained, “Large enterprises are currently spending hundreds of thousands of hours every year on manual review of agreements, reports, and audits. Stallion is offering this technology to different government bodies and large banks in Canada and Switzerland, and currently negotiating deals with many other large enterprises in the Middle East”. 

This state-of-the-art technology also plays a big role in the future of Human Resources as it is able to analyze thousands of résumés and extract key professional and educational elements suited to each job description;

Image Analysis and Interpretation Systems methodically examine huge volumes of video data, from street cameras, retail space cameras, mobile cameras and aerial platforms to:  estimate crowd sizes and movements; perform facial recognition and vehicle recognition; identify shopping patterns and detect security risks.

Stallion.AI is building the worlds’ first bilingual chatbot for the healthcare sector to help patients chat with their virtual healthcare assistant to check doctor’s availability, book appointments, check the validity of their insurance cards, pay for their visits, and request their medical reports without leaving the comfort of their homes. 

This technology will not only save patients’ time, money, and effort but will also save hospitals over 40% of their operating expenses across different departments. Investifai has leveraged Stallion’s AI capabilities by procuring a deep learning technology called Reckon 360 which manages investment portfolios without any human interference.

“Just to be clear, this is not another robo-advisor. This is an advanced AI technology (Deep Learning tech) that we’ve built during the last couple of years and is able to generate higher risk-adjusted returns even during market turbulences” Mr. Obeidat said.

“Our intelligent portfolio comprises of over 10 different asset classes in over 70 countries around the world and is able to reallocate assets based on what’s happening in the global markets”, Obeidat added.  The same team also offers Sefwa, the world’s first AI-powered Islamic investment fund.

As an organization, they empower other start-ups through accelerator programs.  They know that advancement in the MENA region will come through education and exchange of information, so they offer their clients training and development opportunities.

The company is currently offering a 1-hour free evaluation to public and private enterprises who wish to strategize the inclusion of AI into business-related processes. To access their services and expertise and be part of this initiative, visit their website for more information.