- December 21, 2015
- Posted by: Mark Drakeford AM
- Category: Cardiff West News
AMPLYFI Ltd, a start-up specialising in artificial intelligence software which is currently being piloted worldwide, has moved to Wales with support from the Welsh Government’s prestigious Digital Development Fund.
AMPLYFI, which had offices in San Francisco and England, has now moved its operations to Cardiff where it plans to roll out the commercial version of their first product, DataVoyantTM in the spring of 2016.
DataVoyantTM has been under development over the past twelve months and the company founders aim to make it the world’s most advanced business intelligence platform to integrate Artificial Intelligence, Big Data harvesting and intuitive visualisations.
500 times more information sits in the Deep Web than can be accessed by standard search engines and DataVoyantTM has been developed to find and analyse all open Surface and Deep Web sources. It can interpret data ranging from patents and academic research to industry and social trends in every language.
Last month the company launched a pilot programme to test and refine DataVoyantTM across a number of industries including financial services, energy, manufacturing and professional services. Pilot partners include top Global 500 companies, private equity firms and government agencies.
The company, which had been courted by a number of incubators and regions, said support from the Digital Development Fund is helping their expansion and the creation of six new jobs. The Fund was also a deciding factor in moving to Wales.
Economy Minister Edwina Hart said:
“The Digital Development Fund supports businesses developing disruptive digital platforms, products and services with international potential. It has helped scores of businesses in Wales and this is the first time it has helped facilitate inward investment by attracting a high-potential start-up to Wales.
“AMPLYFI’s team of innovators have already attracted the attention of major corporations and government agencies around the world with their disruptive technology and I am pleased they have chosen Wales for their expansion.
“As we continue to establish Wales as an international hub of entrepreneurship we look forward to working with more start-ups like AMPLYFI both home grown and inward investors.”
AMPLYFI’s Chief Technology Officer, Mark Woods said:
“The Digital Development Fund is a big win for us. Given the scale of the country’s technology-based regeneration goals and its focus on fostering the development of creative digital industries, we saw a significant opportunity to base AMPLYFI in Cardiff. We are already busy tapping into the city’s innovative spirit and creative talent, and couldn’t be happier with the outcome.”
AMPLYFI’s Chief Executive Officer, Chris Ganje said:
“We’ve been really impressed with the government’s determination to create an innovation-based economy here in Wales and we are now proud to count AMPLYFI as a contributing member.”