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Conversational AI Leader – Intumit, Inc. Listed on the Emerging Market from February 3
As a pioneer in software development with Artificial Intelligence (AI), the public company Intumit, Inc. (Stock Code 7547) was listed on the emerging market from February 3, 2021. Intumit focuses on Conversational AI technologies for enterprise Digital Transformation (DX) solutions. Intumit has a leading market share for enterprise Intelligent Virtual Assistant market in Taiwan, and customers ranging from Finance, Government, Retail, Telecommunications, Technology, Manufacturing and many other vertical industries. Intumit cooperates with Microsoft, Google, Adobe, NVIDIA, LINE, Box and other global software/hardware giants to realize different vertical application scenarios for various sectors. With hundreds of success cases and customer stories, Intumit has become the best partner for those global giants and fulfill the “last mile delivery” requirements of enterprises AI application.
The current capital of Intumit is NTD 256 million, with nearly 25% comes from foreign investments by overseas strategic partners. In 2019, the revenue was NTD 153 million with EPS of NTD 0.84; and the unaudited revenue of 2020 was NTD 164 million, which shows Intumit kept the growth momentum under the impact of the global pandemic last year. As one of the few IT companies with the capability to enter the Japanese enterprise market, Intumit has provided various Conversational AI services to many well-known Japanese branded customers successfully and demonstrated the international competitiveness for its technologies and services. In the past two years, the revenue came from overseas market has grown significantly to over 20%. Currently, Intumit is actively cooperating with overseas strategic partners to expand its global market in ASEAN, Europe, and USA to continue driving its long-term horizontal growth forward.
Intumit has deeply engaged in the field of Cross-Language Natural Language Processing (NLP) and Conversational AI for a long time. Experts in Deep Learning models, Intumit enables software platforms to effectively manage complex and unstructured big data for enterprise and incorporate the data into specific knowledge bases, which derive variety of innovative applications and services to assist enterprises for their Digital Transformation (DX). Intumit’s application scope for intelligent customer service can cover from service industry and extend to marketing, procurement, human resource management, research and development, and information management sectors of various industries. The deepening of the vertical application in the field of enterprises internal and external operations will also create an engine for Intumit’s long-term vertical growth.
Over the years, Intumit has won a number of domestic and foreign awards for its products and innovations. In 2017, Intumit became the only Taiwan company to be nominated by Gartner as the “Cool Vendors in Analytics in Greater China,” highlighting the strong innovative capabilities of Intumit. In addition, Intumit has won the Top Valuable ISV Partner award from Microsoft for many years since 2017 and became the only independent software developer in Asia to be invited to join Microsoft’s global AI Inner Circle Partner Program that demonstrates the strong technical strength of Intumit. With work pattern changes driven by the impact of the pandemic, the urgency of Enterprise-Level Digital Transformation is accelerating in a rapid pace. Following the increasing acceptance of enterprise cloud applications and the gradual popularization of 5G networks being deployed, natural language applications and Conversational AI market is swiftly growing. As a leading supplier in the Asia-Pacific region in this field, the huge growth potential behind is highly expected as Intumit continues to pave the wave for Digital Transformation.