Yseop

Yseop
Private
Industry Software, Artificial Intelligence, Technology
Founded 2007
Founders
  • Alain Kaeser
  • John Rauscher
Headquarters
  • Dallas, TX, United States
  • New York City, NY, United States
  • Paris, France
  • Oxford, United Kingdom
  • Bogota, Colombia
Area served
 Worldwide
Website www.yseop.com

Yseop (pronounced "Easy-Op") is a privately held multinational computer software company with offices in New York,[1] Oxford (UK), Lyon, Bogota, Dallas and Paris.[2] The company commercialises artificial intelligence powered natural language generation software. Yseop Compose automates the writing or written reports in financial services, business intelligence, marketing and more. It writes in English, Spanish, French, German, Dutch, and Japanese.[3]

Product

Yseop commercializes a natural language generation (NLG) software, which applies reasoning to data and turns it into written recommendations and reports[4] at the speed of 3,000 pages per second.[5] This software can also be used to write newspaper stories from data, which explain the motivation and context behind the numbers.[6]

To date, Yseop's software can write in English, Spanish, French and German and is the only on premise self-service NLG software on the market.[3]

Yseop's software is used across a variety of industries such as the Financial Industry (including, for example Société Générale and FactSet),[2] and Insurance.[7]

Recognition

In 2014, Tom Austin, Vice President and fellow at Gartner, cited Yseop, Narrative Science and Automated Insights as part of the Smart Machine, technological revolution that "has the promise to be one of the most disruptive changes ever."[8]

In 2014, Yseop was also listed as one of the "top 10 most innovative startups" in France by the Electronic Business Group at the Digital Innovation Summit in Paris.[9]

In 2015, Yseop was honored as "Leading Vendor—Digital Solutions for Financial Advisors 2015" by MyPrivateBanking Research.[10]

In 2015, The Economist featured Yseop in one of the front cover articles.[11]

In 2016, Ventana research named Yseop's software one of the most innovative in the US for the year 2016.

History

Research and development for Yseop's technology began more than 20 years ago with a team from the mathematical lab called ENS Cachan in France.[2]

Yseop first commercialized its product as a middleware at the end of 2008 and opened up its American subsidiary in Dallas, Texas in 2012.[12]

Yseop was co-founded by Alain Kaeser and John Rauscher after he sold his start-up called Sunopsis to Oracle in 2006.[2]

Competitors

Competing companies with Yseop Composein the NLG industry include Narrative Science, a firm based in Chicago; Automated Insights, a firm based in Durham, North Carolina; Retresco, based in Berlin, Germany; and Arria NLG. Yseop's software suite also competes indirectly with IBM Watson.

See also

References

  1. ↑ Wack, Kevin. "Five Companies to Watch from Finovate." American Banker. N.p., 1 May 2014.
  2. 1 2 3 4 'Les logiciels d'Yseop écrivent pour la Société Générale',by MARIE-ANNICK DEPAGNEUX, April 13, 2012.
  3. 1 2 Etudes, Yves. "The Journalists Who Never Sleep The Guardian," N.p., 12 Sept. 2014.
  4. ↑ "Tech Titans Technology Inventor Award Finalist: Yseop Team," August 30, 2013.
  5. ↑ Piesing, Mark. "The Advent of Robojournalism and Robowriting." Publishing Perspectives. N.p., 05 Feb. 2015. Web. 06 Feb. 2015.
  6. ↑ http://www.opb.org/news/article/what-happens-when-an-algorithm-writes-a-story/
  7. ↑ Mirani, Leo. "Artificial Intelligence Is Here-and It's Nothing to Fear (yet)." Quartz, 7 Dec. 2014. http://qz.com/306575/artificial-intelligence-is-here-and-its-nothing-to-fear-yet/
  8. ↑ Tom Austin. Slideshare presentation, pages 48-55.
  9. ↑ Fredouelle, Aude. "L'EBG dévoile son top 10 des start-up innovantes".
  10. ↑ "Fending off the Robos: New Technologies Reinventing the Client/advisor Relationship." Report: Digital and Mobile Solutions for Financial Advisors 2015. MyPrivateBanking Research, 2 Mar. 2015.
  11. ↑ The Economist. "Rise of the Machines", May 9, 2015
  12. ↑ "Tech Titans Technology Inventor Award Finalist: Yseop Team - Dallas Business Journal". Bizjournals.com. 2013-08-30. Retrieved 2014-08-11.
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