In the AI Startup of the Week, the editorial staff of ai.nl is featuring promising AI-startups, their innovations, solutions and challenges. In this second episode, we are taking a look at Amsterdam-based Dashmote, a scaleup helping companies make better sense of their data.
Data is the element on which success of an artificial intelligence (AI) application depends. Depending on the quality of training data, an AI program will either deliver an expected inference or deliver a less desired result. However, the process of turning that data into actionable insights is not that easy.
Amsterdam-based Dashmote offers an end-to-end AI solution that allows companies to understand data and unlock its power. The startup has raised €3M since its founding in 2014, according to Crunchbase, and even pivoted to offer a meal delivery radar with lots of data points attractive to meal delivery companies during the pandemic.
End-to-end AI solution
Every company out there wants to be a data company right now. We have seen the transition from enterprise software company to tech stack provider to data company. Since the narrative “data is the new oil” caught steam, every company is trying to extract as much value as possible from the data available to them.
However, having abundant data and being able to turn them into useful insight, is a different ball game altogether. Dashmote enters here with a simple solution that allows enterprises and individual innovators to fully understand the data and unlock its real potential.
The Dutch startup makes this transition possible with the help of its vision-based services. There are nearly three billion images uploaded to the internet each day and Dashmote uses its AI stack to analyse these images and deliver valuable insights based on them. This stack of services allow companies to better connect with the market around them, and also with their customers.
With offices in Amsterdam, Shanghai, New York, and Vienna, Dashmote is an AI-fuelled company that brings diverse groups of professionals from many different countries together. It already counts companies such as Heineken, Coca Cola, Unilever, and L’Oréal among its customers. These customers use Dashmote to understand their audience and assess the markets they enter.
The startup has people representing 21 nationalities with an average age of 27 and 15 spoken languages. The company is so data focussed that it says that more than 9,999 cups of coffee have been consumed in its offices.
Dashmote: a look at its AI solutions
The end-to-end AI solution from Dashmote includes advanced analytics catering sales leader, insights leader and even an analyst. This dashboard allows leaders to take an holistic view of their business with options to apply multiple filters and data visualisation layers. There is also a sales insights that offers data insights required to scale the business and find new business avenues.
The best example of Dashmote’s ability to turn data into insights came during the pandemic when it introduced meal delivery radar. This offers strategic insights into the meal delivery market. From a data analyst to channel development manager, the data platform serves as a one-stop shop for learning more about the meal delivery industry.
Dashmote saw 193 per cent year-on-year growth in 2020 as many industry leaders began seeking opportunities in industries poised for disruption due to the pandemic. As the world embraced online commerce, Dashmote’s data insights became vital for their business excellence.
There is also an e-commerce radar offering a salient view of the e-commerce industry while Dashmote AI labs offers rapid prototyping and fast results through data and AI. This platform offers fast results that aims to cut through the noise by focusing on the impact of data science.