Arago Awarded Frost & Sullivan 2017 European Semantic Intelligence New Product Innovation Award for Its General AI Platform HIRO™
- Arago wins Innovation Leadership Award in semantic intelligence industry
- Arago’s HIRO™ received highest rating 10/10 in decisive categories “Product Attributes” and “Impact for Customers”
- Arago CEO Chris Boos announces: “The Best Practices Award is a great validation of HIRO’s qualities for our clients and the incredible work our people put into this.”
Frankfurt / New York / London / 13 September, 2017 – Arago, a pioneer in artificial intelligence (AI) and leader in intelligent automation based in Frankfurt and New York City, has received the Frost & Sullivan 2017 European New Product Innovation Leadership Award in the semantic intelligence industry for its flagship product HIRO™. Arago’s HIRO™ is a general AI platform that can autonomously run any process within an organization. The Excellence Award by global consultancy Frost & Sullivan aims at driving innovation and a positive change in the global economy by recognizing outstanding achievement and superior performance in areas such as technological innovation across a wide range of major industries. The Award reflects Arago’s commitment as a global AI innovation leader and its mission to empower enterprises across a wide range of industry sectors.
The New Product Innovation Award is based on two overall categories: New Product Attributes as well as Customer Impact. Arago’s HIRO™ received the highest rating of 10 in both categories, far outperforming its competition. Frost & Sullivan confirm that using AI such as HIRO™ can contribute to reducing labor costs while freeing resources to develop new business opportunities.
“HIRO™ achieves an 87% automation rate across the entire IT stack. This enables our clients to decrease their operational cost by 50% – giving them the opportunity to innovate and grow”, explains Chris Boos, CEO of Arago. He continues: “The Frost & Sullivan 2017 European Semantic Intelligence New Product Innovation Award is a great validation of HIRO’s qualities for our clients and the incredible work our people put into this. We have invested 20-years of research effort to deliver a commercially proven general AI platform that is a significant lever for the digital transformation of our clients.”
HIRO™ is a complete general AI platform for the enterprise. It is based on machine reasoning optimized by machine learning. HIRO™ is designed to solve ambiguous and complex tasks with minimal training, time, and small data sets. HIRO™ has already been deployed across many sectors, and is empowering financial companies, manufacturers and retailers, utilities and telecoms, and IT service providers.
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Arago is a leading artificial intelligence company that helps businesses automate their processes through intelligent automation. Its AI platform HIRO™ uses reasoning and a knowledge-based problem-solving engine to deliver cutting-edge enterprise automation solutions to clients worldwide. Founded by renowned computer scientist Chris Boos, based in Frankfurt (GER), New York City (USA), Redwood City (USA), Exeter (UK) and Bangalore (INDIA), Arago is powering decision making for industry leading companies. Since 2014 leading global investment firm KKR has supported Arago’s international expansion.