Petuum Inc.’s Analysis as a Successful Startup

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Page count 1
Word count 288
Read time < 1 min
Subject Business
Type Essay
Language 🇺🇸 US

Petuum focuses on the production of software and ecosystem provider required in the Artificial Intelligence (AI) field. The company was founded in 2016 and has its headquarters in Pittsburgh, Pennsylvania. The company’s success is attributed to its operating system, allowing users to utilize a single AI program to develop any Machine Learning or Deep Learning application with large amounts of data. Such applications have many applications globally, and they make work easier, hence providing a large market for the company.

The company has been successful since it was launched because of several reasons. First, Petnuum Inc. has more than fifty top-notch Machine Learning (ML) engineers worldwide whose drive and vision are to deal with the world’s most significant AI and ML challenges. Second, the ease of use of their AI and ML technology makes it appealing for any individual, enterprise, or organization. Moreover, its Learning engineers take extra steps to develop the most highly developed innovations that tackle real-world technology challenges, unlike their competitors who repeat similar ML methods. For instance, CEMEX, a leading global building materials company, was finally able to achieve exceptional business results with Petuum’s Industrial AI, which was impossible with other technologies. After forming a partnership with Petuum, CEMEX can achieve a combined output increase and energy savings.

Petuum has received many significant accolades as the technology industry recognises its impact in tackling some of the most significant AI and ML challenges worldwide. Recently, Petuum made its second appearance at the OSIsoft PI World conference with a wider presence as the sole Platinum Sponsor. Petuum was also named a 2018 Technology Pioneer by the World Economic Forum. It was one of the only 61 start-ups in the world to be given such an honor.

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Reference

EduRaven. (2022, June 14). Petuum Inc.'s Analysis as a Successful Startup. https://eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/

Work Cited

"Petuum Inc.'s Analysis as a Successful Startup." EduRaven, 14 June 2022, eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/.

References

EduRaven. (2022) 'Petuum Inc.'s Analysis as a Successful Startup'. 14 June.

References

EduRaven. 2022. "Petuum Inc.'s Analysis as a Successful Startup." June 14, 2022. https://eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/.

1. EduRaven. "Petuum Inc.'s Analysis as a Successful Startup." June 14, 2022. https://eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/.


Bibliography


EduRaven. "Petuum Inc.'s Analysis as a Successful Startup." June 14, 2022. https://eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/.

References

EduRaven. 2022. "Petuum Inc.'s Analysis as a Successful Startup." June 14, 2022. https://eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/.

1. EduRaven. "Petuum Inc.'s Analysis as a Successful Startup." June 14, 2022. https://eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/.


Bibliography


EduRaven. "Petuum Inc.'s Analysis as a Successful Startup." June 14, 2022. https://eduraven.com/petuum-inc-s-analysis-as-a-successful-startup/.