Wednesday, September 30, 2020 4:26:05 PM
"5. Competitive business conditions, the issuer's competitive position in the industry, and methods of competition:
The primary competition for our NuGene AI platform comes from other AI technology companies such as H2O, DataRobot and SageMaker. These businesses generally take a broad-brush marketing-centric approach to competition, with significant investment in search engine marketing and online ad spend, focused primarily on the data scientist community. By contrast, Sonasoft is pursuing larger strategic partnerships with enterprise OEMs to establish a strong reputational foothold in the growing AI sector, focusing on non-experts who need assistance in leveraging AI, such as chief revenue officers and sales and marketing managers. Our speed of execution of AI development remains unmatched in the industry, with completion of AI integrations in 4 to 6 weeks vs. what competitors deliver in 4 to 9 months. This makes us a very attractive partner for customers who wish to partner with us to monetize very large data sets.
The Cornerstone subsidiary competes with a large number of other VAR resellers in the increasingly commoditized reseller sector. Our primary competitive advantage in this space is our customer network, depth of experience and knowledge of our engineering staff along with our strong reputation for service."
DataRobot - recently raised $206m in Series E funding for total funding to date of $431m. Sonasoft's entire market cap is only $25m and offers a significantly faster time to value than DataRobot. Something to consider heavily...
Link: https://www.datarobot.com/news/press/datarobot-announces-206-million-series-e-funding-round/
Sonasoft is going to crush the market IMO
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