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Tuesday, November 30, 2021

Irish Innovators and Startups Win Top Prizes at AI Awards

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The UCC Children’s Research Center won the best AI application in an academic research body for the third year in a row.

Several Irish innovators have been recognized for their use of artificial intelligence at the third annual AI Awards.

Held in Tangent, Trinity College Dublin’s ideas workspace, the awards are organized by the non-profit organization AI Ireland and sponsored by Microsoft. Its aim is to recognize how AI can be used ethically to help solve challenges in multiple sectors.

For the third year in a row, the University College Cork Children’s Research Center won the best artificial intelligence application in an academic research body for its work on the use of deep learning in the detection of neonatal seizures.

University College Dublin PhD student Eoin Kenny took home the award for best AI application in a student project for his work on predictive AI modeling, explainable AI and precision agriculture.

Real-time electronic payments company ACI Worldwide took home the award for the best AI application in a large company. The American company has developed a new patented technology that aims to transform fraud prevention within the payments sector. It is based on EMEA and a state-of-the-art European data center in Limerick.

The best of Irish start-ups

In addition to academic and corporate awards, there were also many Irish talents from AI startups that were featured at the annual awards ceremony.

Webio, a conversational AI startup, received the award for best use of AI in a consumer service application. Its service allows organizations to connect applications through different communication platforms.

In June this year, the Dublin-based start-up raised € 500,000 in financing from Finch Capital to complete an investment round of 1.5 million euros.

Fire1 Foundry won the award for best use of robotic process automation and cognitive artificial intelligence, having developed an implantable sensor for remote monitoring of patients with congestive heart failure.

The company raised € 40 million in a Series C round in 2018 to develop this sensor, having previously raised $ 7.5 million in a Series B round in 2016.

Dublin start-up EdgeTier received the award for best AI application in a start-up. Founded in 2015, this company aims to improve customer service by using artificial intelligence to analyze the content of emails and chats between customers and agents in real time, detect problems and alert contact center managers in advance. .

Startup won the Google Adopt a Startup program in 2019.

Sports technology company StatSports took the title of best use of AI in the industry for its handheld player tracking devices and analytics software.

In 2018, the Northern Ireland company obtained a major deal worth $ 1.5 billion with the U.S. Soccer Federation and later that year secured another lucrative deal with the China Football Association.

The award for the best use of AI to achieve social good went to Terrain-AI. The research project led by the University of Maynooth was released last year and aims to give a better understanding of the impact of human activity on land use and how it relates to the climate crisis.

Anne Sheehan, CEO of Microsoft Ireland, said it is impressive to witness the growth of innovation and creativity when ethical AI is used to solve complex social challenges.

“Today’s winners demonstrate the positive impact AI can bring to different sectors, from finance to healthcare, from security and fraud prevention, to addressing even our most pressing environmental challenges.”

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