Veritone

Veritone is a leading company in artificial intelligence (AI) solutions, headquartered in Denver, Colorado. Established in 2014, Veritone has developed a range of AI-powered products and services designed to enhance efficiency and decision-making for businesses across various sectors, including media, entertainment, the public sector, and talent acquisition. Their flagship platform, aiWARE, is a highly customizable AI operating system that helps organisations turn vast amounts of data into useful insights. This platform supports an ecosystem of machine-learning models that can be tailored to meet specific business needs.

In the media and entertainment industry, Veritone's services include media monitoring, which tracks brand presence and ensures content verification. They offer advanced advertising and marketing solutions that help companies optimise their ad spend and target the right audience more effectively. Veritone also provides solutions for content licensing, digital media management, and workflow automation, making it easier for businesses to manage and monetise their media assets. These tools enable organisations to streamline their operations and unlock new revenue streams.For the public sector and legal fields, Veritone offers robust solutions for managing legal data and ensuring regulatory compliance. Their AI technology aids in tasks such as redacting sensitive information from media files, tracking persons of interest, and automating evidence analysis. Additionally, Veritone provides custom AI solutions and comprehensive integration and support services, including technical support, training, and consulting. These services ensure that organisations can implement and utilise AI technology effectively, achieving their goals with greater efficiency and accuracy.

Veritone, Inc., was founded in 2014 by brothers Chad and Ryan Steelberg in Denver, Colorado. The Steelbergs had a vision of using artificial intelligence to help people and organisations achieve more by turning vast amounts of data into actionable insights. With their extensive background in technology and entrepreneurship, they set out to create an innovative AI platform that would revolutionise how businesses operate.

In the early years, Veritone focused on developing its flagship product, aiWARE, an AI operating system designed to be highly customisable and capable of integrating various machine learning models. aiWARE enables businesses to analyse and process large volumes of data quickly and accurately. This platform became the cornerstone of Veritone's offerings, setting the stage for the company's rapid growth and expansion.

By 2016, Veritone had made significant strides in the media and entertainment industry. They introduced solutions for media monitoring, which allowed companies to track their brand presence across multiple platforms. This service helped businesses understand their audience better and ensure the authenticity of their content. Veritone's media solutions also included tools for content licensing, digital media management, and workflow automation, enabling media companies to manage and monetise their assets more efficiently.

In 2017, Veritone went public and was listed on the NASDAQ under the ticker symbol VERI. This move provided the company with the capital needed to expand its offerings and reach a broader market. The same year, Veritone launched its advertising and marketing solutions, designed to help businesses optimise their ad spend and improve targeting. These tools leveraged AI to analyse advertising data, allowing companies to make more informed decisions and achieve better results from their marketing campaigns.

Veritone continued to innovate and expand its product line. In 2018, they introduced AI solutions for the public sector, focusing on legal and compliance applications. These solutions included tools for redacting sensitive information from media files, tracking persons of interest, and automating evidence analysis. These offerings helped public sector organisations improve their efficiency and ensure regulatory compliance.

In addition to its industry-specific solutions, Veritone began offering custom AI services. Their team worked closely with clients to develop tailored AI models that addressed specific business needs. This approach allowed organisations to implement AI technology that was uniquely suited to their goals, further enhancing their operations.

Throughout its history, Veritone has been committed to responsible AI use. The company has established a set of guiding principles to ensure that its technology is used ethically and for the greater good. This commitment to ethical AI has been a key factor in Veritone's success and reputation as a leader in the AI industry.

By 2020, Veritone's aiWARE platform had become widely recognised for its versatility and effectiveness. The company received numerous awards and accolades, including the "Best AI Platform" award at the AI Breakthrough Awards. Veritone was also listed in the Forbes AI 50, which highlights the top AI companies transforming industries.

Today, Veritone continues to lead the way in AI innovation. With a diverse range of products and services, the company helps organisations across various industries harness the power of AI to achieve their goals. From media and entertainment to the public sector and beyond, Veritone's technology empowers businesses to operate more efficiently, make better decisions, and unlock new opportunities.

 

Veritone's mission is to advance artificial intelligence to empower people to achieve greater potential. They aim to make AI accessible and useful for everyone, enhancing productivity, decision-making, and innovation across various industries. Veritone is committed to creating AI solutions that are ethical, responsible, and beneficial to society. By blending human expertise with advanced AI technology, they strive to help individuals and organisations unlock new opportunities, improve efficiency, and make more informed decisions, ultimately contributing to a more empowered and vibrant world.

Veritone envisions a future where AI seamlessly integrates into everyday life, enhancing human capabilities and fostering innovation. They aspire to be at the forefront of AI development, creating solutions that not only solve current challenges but also anticipate future needs. Veritone aims to build a world where AI is used responsibly to improve lives, drive progress, and ensure transparency and trust. Their vision includes a society where technology and human potential work hand in hand, leading to a safer, more dynamic, and more innovative world for everyone.

Veritone offers a diverse range of AI products and services designed to enhance efficiency and decision-making across various industries. Their flagship platform, aiWARE, is the cornerstone of their offerings. aiWARE is an advanced AI operating system that orchestrates a wide array of machine-learning models and tools. This platform transforms vast amounts of data into actionable insights, helping businesses make informed decisions and streamline their operations.

Products and Services

aiWARE Platform: The aiWARE platform is a highly flexible and scalable AI operating system. It integrates multiple machine learning models to process and analyse data from various sources. Businesses can customise aiWARE to fit their specific needs, whether it’s for data extraction, pattern recognition, or predictive analytics. This platform is designed to enhance operational efficiency and support complex decision-making processes across industries.

Media and Entertainment Solutions:

Media Monitoring: Veritone offers tools that track brand presence across different media platforms, ensuring accurate and timely monitoring of media coverage. This service helps businesses understand their audience, manage their brand reputation, and optimise media strategies.

Content Licensing and Management: Their solutions for content licensing facilitate the buying and selling of media rights. Digital media management tools allow for efficient organisation and monetisation of media assets, enabling companies to maximise revenue from their content.

Workflow Automation: Veritone provides low-code and no-code workflow builders that help automate repetitive tasks and streamline media operations. These tools enhance productivity by reducing manual effort and increasing process efficiency.

Advertising and Marketing Solutions:

Ad Optimisation: Veritone's AI tools analyse advertising data to optimise ad spending and improve targeting accuracy. This helps businesses achieve better results from their marketing campaigns and maximise their return on investment.

Programmatic Advertising: Their solutions support programmatic ad buying, enabling businesses to automatically purchase and manage digital advertising across multiple platforms. This approach ensures more precise targeting and efficient use of advertising budgets.

Public Sector Solutions:

Legal and Compliance Tools: Veritone provides AI solutions to help manage legal data and ensure compliance with regulations. This includes tools for redacting sensitive information from media files and automating evidence analysis.

Investigative Solutions: Their AI-driven tools assist in tracking persons of interest and analysing digital evidence. These solutions support law enforcement and public sector agencies in their investigations, improving the accuracy and speed of their work.

Custom AI Solutions:

Bespoke AI Development: Veritone offers customised AI solutions tailored to the specific needs of organisations. Their team works closely with clients to develop and implement AI models that address unique business challenges, ensuring that the technology aligns with the organisation’s goals.
Integration and Support Services: Veritone provides comprehensive support for integrating AI solutions into existing systems. This includes technical support, training, and consulting services to ensure that businesses can effectively utilise their AI investments.

Data Services:

Data Modernisation: Veritone helps organisations migrate legacy systems to cloud-based architectures, enhancing agility and scalability. Their data modernisation strategies ensure that businesses stay competitive in the digital landscape.

Database Management: Their data management services include database migration, optimisation, and governance. These services aim to create a unified, accurate, and secure data environment, improving operational efficiency and decision-making.

Advanced Analytics: Veritone’s advanced analytics tools provide businesses with deep insights from their data. This includes customised visualisations and predictive analytics that support data-driven decisions and strategic planning.