YOUR EYE ON INNOVATIVE MACHINE LEARNING SOLVING REAL WORLD PROBLEMS
Azafran Capital Partners
INSIGHTS Voice, Acoustics and Imagery Upgraded to Mission Critical Prior to COVID-19 crisis, business markets and technology were driving adoption of these modalities - now they are fast becoming Mission Critical. The function and intelligence around voice, acoustics and imagery have been developing and used, in some shape or form, in the last 200K years. With the infinite spectrum these modalities offer, one can easily view the keypad/board as a step back, albeit a necessary one, for the computer age. For the past 3.5 years our journey has taken us across the globe, attending nearly 100 events, visiting tech hubs from Helsinki to Denver, Toronto to Pittsburgh, Tel Aviv to Berlin and dozens of points in between. Along the way meeting thought leaders, institutions, incubators, and searching out companies/technologies that fit the Azafran Investment Thesis. This journey has been a key ingredient to the fabric and curation of Azafran INSIGHTS, which now has over a dozen issues published. This road less traveled enabled us to find companies focused on our target modalities, with machine learning / deep science solutions matching ACP’s target market dynamics (see Page 3). Concurrently, our research team, guided by our Partners’ average 30 years of industry experience, created our research database (KESAR - tracking 1,800+ AI/ML companies worldwide via 348 attributes), the foundation of our data-driven approach.
The Tech Perspective Over the the past five years, progress has turned exponential as we build on the decades of work laying the networks, scaling the Internet, computing, programming, storage, using and analyzing stores of data unimaginable even a decade ago. One of the key elements holding back progress for AI / machine learning was access to the rich data tapestry that voice, acoustics and imagery offer. In effect, turning the single dimension modality of text into a complex and intelligent multi-dimensional data landscape. One watershed moment was Amazon’s launch of Alexa in 2015. The voice interface spread like wildfire to over 100M households in just a few years, Google, Apple and others followed. This rapid consumer adoption of voice pushed developers and manufacturers to deploy voice as an integral component of their product development strategy. Alexa alone is forecast to be $18B to $19B in revenue next year. (Continued on Page Two) Azafran INSIGHTS © Azafran Capital Partners 2020 - All Rights Reserved
SPECIAL REPORT SERIES Part Two
part two FOCUS Azafran Capital Partners is an early stage venture fund investing in companies ($2M to $8M) that are using deep learning and machine learning, emphasizing voice, acoustics and imagery datasets in the health / wellness, and IoT / enterprise markets. Part Two (of Three) of our Special Report Series focuses on the technology, markets and research that form the basis of the Azafran Thesis, now taking into account new global realities we are experiencing personally and professionally. This Series will also be accompanied by a podcast with Azafran partners Marty Fisher and James Kenefick discussing the main topics of each Issue.
Humankind is now facing a global crisis. Perhaps the biggest crisis of our generation. The decisions people and governments take in the next few weeks will probably shape the world for years to come. They will shape not just our healthcare systems but also our economy, politics and culture. We must act quickly and decisively. We should also take into account the long term consequences of our actions. When choosing between alternatives, we should ask ourselves not only how to overcome the immediate threat, but also what kind of world we will inhabit once the storm passes. Yes, the storm will pass, humankind will survive, most of us will still be alive — but we will inhabit a different world.” -
Yuval Noah Harari, FT.com, March 19, 2020
Special Report Series, Part Two - Page One