Report
Milan Radia

Artificial Solutions (ASAI.SE): Customer acquisition acceleration in prospect

The arrival of the new CEO, Per Ottosson, and the new CFO, Fredrik Törgren, was accompanied by a series of strategic decisions seeking to accelerate new customer acquisition and significantly reduce costs. The strategic shift away from professional services was fully executed as part of the restructuring. 1Q’21 results and management commentary confirm a positive market response to the new recurring revenue model, especially the significant signed contracts and further prospective wins. The company’s technology remains market-leading at a time when enterprises are emphatically seeking to automate business processes.
Underlying
Artificial Solutions International AB

Artificial Solutions International AB, formerly Indentive AB, is a Sweden-based information technology (IT) company. The Company specializes in global enterprise-oriented conversational Artificial Intelligence (AI), a form of AI that allows people to communicate with applications, websites and devices, humanlike natural language via voice, text, touch or gesture input. The Company's conversational AI platform, Teneo, allows business users and developers to collaborate on creating intelligent applications that run across more than 30 languages, multiple platforms and channels. Teneo analyzes and uses the conversational data, delivering insight that reveal what customers are thinking. The Company's technology aims to implement natural language applications such as virtual assistants, chatbots, and speech-based user interfaces (UIs) for smart devices, among others. The Company provides its products and services to both private and public customers from different sectors.

Provider
Hardman & Co
Hardman & Co

We are a rapidly growing, innovative corporate research & consultancy business, based in London, serving the needs of both public and private companies.

Our expert team of sector analysts and market professionals collectively have over 400 years of experience.  This depth of knowledge and a reputation for integrity have built trust with investors. With effective communication and precision distribution, we help companies disseminate their investment message to interested investors, as well as advise them on strategy.

Our smaller, boutique structure allows us to provide first-class customer service and to deliver a wide range of ad-hoc services for multiple clients with different needs.

Analysts
Milan Radia

Other Reports on these Companies
Other Reports from Hardman & Co

ResearchPool Subscriptions

Get the most out of your insights

Get in touch