by Angela Guess

A recent press release reports, “Gridsum Holding Inc., a leading provider of cloud-based big-data analytics, machine learning and AI solutions in China, today announced that, as a part of its strategic evolution, it has consolidated all of its artificial intelligence activities strategically, technically and organizationally into a new division called the Gridsum Prophet. Gridsum is a first mover in China in big data intelligence. Since 2005, the Company has utilized a distributed big-data computing architecture, developed and implemented sophisticated natural language processing, and leveraged machine learning directed toward large enterprise clients. During that time, from serving large enterprise customers, the Company has accumulated deep domain knowledge and expertise as well as a massive amount of data that fuels its machine learning algorithms.”

The release goes on, “Since this early inception, the Company has continued to stay at the forefront through focus and investment, hiring and training extraordinary engineers and architects and, importantly, playing an active and leading role in the AI academic and developer communities. The Company believes it is currently the technology market leader in the China enterprise-focused AI space with a global best-of-breed Enterprise-AI engine. As of March 31, 2017, Gridsum has filed 1,653 patent applications in China, of which 583 are big-data focused and 148 are explicitly Enterprise-AI focused. The Company believes this is the largest number of Enterprise-AI focused patents for a company in China today.”

Read more at Nasdaq.com.

Photo credit: Gridsum