Spatialedge Announces The Acquisition Of Cape AI
Spatialedge Announces The Acquisition Of Cape AI. South African Information Technology company Spatialedge took to LinkedIn to announe that it has acquired Cape AI, a Cape Town based startup.
The post read, “We’re excited to announce that we recently acquired Cape AI!Our goal is to build the best specialised big data and AI business in Africa, Europe, and beyond. Having grown from five engineers to over seventy in just four years, we aim to continue this growth trajectory. The acquisition of Cape AI, allowed us to scale faster and meet the growing demand for working AI solutions. Our future growth strategy includes several mergers and acquisitions, some of which are already in the works. We’re excited for this next growth chapter, and we are ready to help our clients rapidly build and operationalise robust machine learning solutions!🚀”
Cape AI was founded at the beginning of 2019 and is currently run by enthusiastic data-driven entrepreneur Pieter Boon and Artificial Intelligence expert Adit Mehta. Cape AI believes that skilled AI developers can contribute to a better planet. Together with its clients the company shapes their future and helps improve their triple-bottom-line: People, Planet, Profit. The company’s team is specialized in machine learning (natural language processing (NLP)/ Computer vision) and cloud engineering.
Spatialedge’s suite of technologies seamlessly integrate business intelligence, location intelligence and big data technologies into tailor-made solutions. This convergence of technologies gives rise to data-driven organisations: organisations that use data-driven decision support systems to direct business practices, marketing, new product development and operations with improved efficiency and economic benefit.
