Welsh AI firm explores opportunities in Asia
Cardiff-based artificial intelligence firm Amplyfi recently travelled to Taipei to establish new trading links and meet industry experts.
With support from the Department for International Trade, Amplyfi attended the Smart City Summit & Expo. The event showcases cutting-edge technologies and services from the UK that will help create sustainable cities for all.
Taiwan is currently ranked fourth in innovation capability by the World Economic Forum and is developing smart cities as part of its economic growth strategy, which provides opportunities for UK technology businesses.
At the event, senior figures from Amplyfi networked with leaders in the technology industry and showcased their software platform DataVoyant. The latter uses open source data from the deep web to help businesses improve decision-making.
HM trade commissioner for Asia Pacific Natalie Black said: “The Smart Cities trade mission showcases some of the UK’s best technology and innovation. UK-Taiwan bilateral trade rose to £6.1 billion in the year to the end of Q3 2018, making Taiwan one of the UK’s largest trading partners in the Asia Pacific region.
“I am delighted to see AMPLYFI exploring business opportunities in Taiwan and across Asia Pacific, putting the UK at the forefront of the artificial intelligence industry.”
Founded in 2015, Amplyfi has built a global footprint and has grown rapidly as a result of major contracts with firms such as Bayer, RBS and the Ministry of Defence. The company is predicted to reach a turnover of £130 million over the next four years.
Chris Ganje, CEO and co-founder, said: “Amplyfi gives organisations the ability to make better decisions, by unlocking AI-powered insights that were previously not possible.
“It’s hugely exciting for us to showcase the capability of our suite of technologies across the globe, demonstrating the benefits and opportunities that working with Amplyfi can bring.
“Asia is a significant market for us to tap into, and we’re proving across the region that our technology – which can be used in any language – is changing the way that the business intelligence industry operates.”