Smart cities are much more than technology, they are a way to make the current system and infrastructure more sustainable and connected. Disrupting the current system is the only way to transform our current cities into cities of the future.
So just who are these disruptors using AI to build cities of the future?
PingThings is based out of El Segundo, CA and has received a total of about $5.5 million in funding. Some of their seed funding is from GE, and the company was recognized as one of the top early-stage startups at the Siemens New Venture Forum in 2014. PingThings brings big data and software to the utility industry. PredictiveGrid uses real-time sensor data and machine learning techniques to predict something before it happens. The company focuses on the transmission grid and does not require any extra hardware. One product they offer detects geomagnetic-induced current on transformers – even if the transformers don’t have sensors. They use synchrophasor data and SCADA data to look for potential problems.
Cortica has received $90.4 million after six rounds of funding. They are based out of Tel Aviv and has more than 200 patents. Since 2007, the company has developed advanced technology that it has turned into a self-learning AI. They do this by combining Computer Science, Electrical Engineering, and Neuroscience. The AI learns similarly to humans and can be used for mobility, medical, and consumer products.
PROWLER.IO was founded in January 2016 and has received over £10 million in funding. The company is based out of Cambridge and focus on AI learning and simulation in virtual environments. The AI agents make decisions based on mathematical principles from probabilistic modeling. The agents can interpret and explain their actions and improve their decision-making process by changing their underlying assumptions. The AI agents can be applied to games, smart cities, robotic toys, autonomous vehicles, drones, and robots.
Living PlanIT SA uses technology to bring together people, devices, infrastructure, and sensors. By doing this, they unite governments, businesses, and individuals. They have a 12-point privacy program to ensure information is secure and customers have control over just what information others see. The control technology handles device interfacing where the core is in charge of the bulk of data management, abstraction, processing, and collection. The PlanIT UOS provides API and SDK to allow people to develop and control large-scale applications as well as mobile apps.
Paremus is based out of London, England and offers automated, federated, modular, and Microservices-based Cloud Computing. Their Paremus Service Fabric is an adaptive Cloud platform. It is an easy to install the application that can be used on a smartphone or tablet. The application reduces the cost of maintenance, operations, and improves scalability and resilience. The company offers public and private training sessions so organizations can receive the most benefit from their services.
Grumgo is based out of London, England and offers smart travel information that is powered by AI.
They use a combination of travel psychology and cognitive neuroscience so visitors can customize and get the most out their destination. The app plans a break through the city based on your destination and itinerary.
Tenqyu is based out of Singapore and develops mobile apps for public and private service providers to give information and connect with urban residents. They offer services like geospatial and geofencing, which uses GPS to find parks, games, and explore the city easier. Bluetooth beacon sensors are also available as well as augmented reality. One of their products is called In Shadows, which is an augmented reality game for runners.
Evey connects your device, your home, and your city all in one application. The Home Assistant interacts with you, learns, and connects all the devices in your home. For example, the assistant will wake you up earlier if traffic is heavier so you can make it on time for work. Evey works with smart objects and connects all the devices in your home so you can control them all in one place, from your smartphone. It works offline, has facial recognition, the data is encrypted, developer friendly, and much more.
C2RO is based out of Montreal and has received $610,000 in funding. The company is a Robotic SaaS Platform that processes data in real time to allow AI solutions for any robot. The AI applications have deep learning, mapping, and spatial recognition. Many robots can collaborate together for fleet management. The monitoring dashboard gives you big data analysis on sensor data with predictions.