This story requires our BI Prime membership. To read the full article,Signal AI is a London-based company that says it applies artificial intelligence to solve big-data problems.
"This has been an exciting year. It's the culmination of years of effort and trying to build our big vision," David Benigson, the CEO and founder of Signal AI, told Business Insider in an interview. Six years ago, while David Benigson was sitting in his garage, he came up with a big vision on how the future would pan out and wanted a way of getting in on it.
Big data is unsurprisingly big business. Be it the hundreds of millions of emails created each day, or the digitization of documents, records, weather data, regulatory information, or social media, companies are responsible for more data than ever before. For example, Signal AI works with a large consumer-goods company that wanted to better understand the risks in its ingredients supply chain. The startup built an index of more than 2,500 ingredients and ranked them against one another to assess their political, regulatory, and environmental risk.
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