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Yseop

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Yseop
Pronounced (easy-op)
File:Yseop Logo.gif
TypePrivate
IndustrySoftware, Artificial Intelligence, Technology
Founded2007
Founders
  • Alain Kaeser
  • John Rauscher
Headquarters
  • Dallas, TX, United States
  • New York City, NY, United States
  • Paris, France
Area servedWorldwide
www.yseop.com

Yseop (pronounced “Easy-Op”) is a privately held multinational computer software company with offices in New York,[1] London, Lyon, Dallas and Paris.[2] The company offers two self-service products, Yseop Smart BI and Yseop Smart Machine. Smart BI complements existing BI tools, by analysing structured data and transforming it into written narrative in English, Spanish, French, Portuguese and German.[3] Yseop Smart Machine works in the Business Process Outsourcing (BPO) sector. The software dialogs, analyses and offers advice and guidance in multiple languages.[4]

Product

Yseop commercializes a natural language generation (NLG) software, which applies reasoning to data and turns it into written recommendations and reports[5] at the speed of 3,000 pages per second.[6] This software can also be used to write newspaper stories from data, which explain the motivation and context behind the numbers.[7]

To date, Yseop’s software can write in English, Spanish, French and German and is the only self-service NLG software on the market.[8]

Yseop's software is used across a variety of industries such as the Financial Industry (including, for example Société Générale),[9] and the E-commerce Industry (for example, Vetonline.com and L'Oreal who both use the software to dialog with customers and generate suggestions in English for users).[10]

Recognition

In 2014, Tom Austin, Vice President and fellow at Gartner, cited Yseop, Narrative Science and Automated Insights as part of the Smart Machine, technological revolution that “has the promise to be one of the most disruptive changes ever.”[11]

In 2014, Yseop was also listed as one of the top 10 most innovative startups in France by the Electronic Business Group at the Digital Innovation Summit in Paris.[12]

In 2015, Yseop was honored as Leading Vendor—Digital Solutions for Financial Advisors 2015 by MyPrivateBanking Research.[13]

In 2015, The Economist featured Yseop in one of the front cover articles, entitled "Rise of the Machines".[14]

History

Research and development for Yseop's technology began more than 20 years ago with a team from the mathematical lab called ENS Cachan in France.[15]

Yseop first commercialized its product as a middleware at the end of 2008 and opened up its American subsidiary in Dallas, Texas in 2012.[16]

Yseop was co-founded by Alain Kaeser and the current CEO John Rauscher after he sold his start-up called Sunopsis to Oracle in 2006.[17]

Competitors

Competing companies with Yseop Smart BI in the NLG industry include Narrative Science, a firm based in Chicago, Automated Insights, a firm based in Durham, North Carolina, and Arria NLG.

Yseop Smart Machine does not compete with the NLG companies listed above, instead it competes with IBM Watson.

See also

References

  1. ^ Wack, Kevin. "Five Companies to Watch from Finovate." American Banker. N.p., 1 May 2014. Web. <http://www.americanbanker.com/issues/179_84/five-companies-to-watch-from-finovate-1067246-1.html>
  2. ^ ‘Les logiciels d'Yseop écrivent pour la Société Générale’,by MARIE-ANNICK DEPAGNEUX, April 13, 2012:http://www.lesechos.fr/13/04/2012/LesEchos/21165-104-ECH_les-logiciels-d-yseop-ecrivent-pour-la-societe-generale.htm
  3. ^ Etudes, Yves. "The Journalists Who Never Sleep The Guardian,." N.p., 12 Sept. 2014. Web. <http://www.theguardian.com/technology/2014/sep/12/artificial-intelligence-data-journalism-media>.
  4. ^ "Yseop Smart Machine Solutions for Sales & Customer Service". yseop.com. Retrieved 2015-10-28.
  5. ^ “Tech Titans Technology Inventor Award Finalist: Yseop Team,” August 30, 2013. http://www.bizjournals.com/dallas/print-edition/2013/08/30/tech-titans-technology-inventor-yseop.html
  6. ^ Piesing, Mark. "The Advent of Robojournalism and Robowriting." Publishing Perspectives. N.p., 05 Feb. 2015. Web. 06 Feb. 2015.
  7. ^ <http://www.opb.org/news/article/what-happens-when-an-algorithm-writes-a-story/>.
  8. ^ Etudes, Yves. "The Journalists Who Never Sleep The Guardian,." N.p., 12 Sept. 2014. Web. <http://www.theguardian.com/technology/2014/sep/12/artificial-intelligence-data-journalism-media>.
  9. ^ ‘Les logiciels d'Yseop écrivent pour la Société Générale’,by MARIE-ANNICK DEPAGNEUX, April 13, 2012:http://www.lesechos.fr/13/04/2012/LesEchos/21165-104-ECH_les-logiciels-d-yseop-ecrivent-pour-la-societe-generale.htm.
  10. ^ Mirani, Leo. "Artificial Intelligence Is Here-and It’s Nothing to Fear (yet)." Quartz, 7 Dec. 2014. http://qz.com/306575/artificial-intelligence-is-here-and-its-nothing-to-fear-yet/
  11. ^ Tom Austin. Slideshare presentation, pages 48-55: http://www.gartner.com/it/content/2648000/2648016/february_13_smart_machine_taustin.pdf
  12. ^ Fredouelle, Aude. "L'EBG dévoile son top 10 des start-up innovantes". http://www.journaldunet.com/web-tech/start-up/ebg-top-10-start-up-1114.shtml.
  13. ^ "Fending off the Robos: New Technologies Reinventing the Client/advisor Relationship." Report: Digital and Mobile Solutions for Financial Advisors 2015. MyPrivateBanking Research, 2 Mar. 2015.
  14. ^ The Economist. Article, May 9, 2015: http://www.economist.com/news/briefing/21650526-artificial-intelligence-scares-peopleexcessively-so-rise-machines
  15. ^ ‘Les logiciels d'Yseop écrivent pour la Société Générale’,by MARIE-ANNICK DEPAGNEUX, April 13, 2012. http://www.lesechos.fr/13/04/2012/LesEchos/21165-104-ECH_les-logiciels-d-yseop-ecrivent-pour-la-societe-generale.htm#oeXF4cKKYluClA6K.99
  16. ^ "Tech Titans Technology Inventor Award Finalist: Yseop Team - Dallas Business Journal". Bizjournals.com. 2013-08-30. Retrieved 2014-08-11.
  17. ^ ‘Les logiciels d'Yseop écrivent pour la Société Générale’,by MARIE-ANNICK DEPAGNEUX, April 13, 2012. http://www.lesechos.fr/13/04/2012/LesEchos/21165-104-ECH_les-logiciels-d-yseop-ecrivent-pour-la-societe-generale.htm#oeXF4cKKYluClA6K.99