30 Fastest Growing Companies in Asia 2019 30 Fastest Growing Companies in Asia 2019 | Page 46

INFI revolutionizes human- machine interaction by translating individual personalities into code “With INFI, companies gain a comprehensive customer UNDERSTANDING in the digital sphere.” F ounded in 2013, INFI is a leading global AI company, headquartered in Tel Aviv, who’s pioneering EmpathAI™ technology, is revolutionizing how companies understand captivate audiences. Developed by world-class experts in psychology, AI, data mining and machine learning, EmpathAI™ combines intricate psychological models with proprietary algorithms aimed at instantly producing comprehensive insights from personality traits, attitudes, and behavior of any user, employee or customer. INFI provides companies with the means to understand their end-users in person, across digital channels, changing the way companies interact with their customers. No more one size fits all. Now it is all about creating personality-based messaging. With EmpathAI™, companies can understand an individual’s needs, wishes and motivations to build empathetic relationships by tailoring every interaction to a specific person. EmpathAI™ adds value to human- machine interactions in almost any industry and has set its initial strategic focus on Finance, Healthcare E-Commerce and HR verticals. In conversation with Yoram Kraus CEO and Founder of INFI Yoram Kraus, Founder & CEO “INFI brings the human touch into the digital world.” Can you tell us about your company in a nutshell? INFI has developed a set of algorithms that can reflect an individual’s personality in the digital world. This enables us to reflect preferences and desires within minutes across digital and physical platforms, which when converted to real data allows our customers to gain an ongoing understanding of the personalities and motivations of their customers and patients, utilized to improve business performance and customer/patient interaction. INFI’s offering is a ‘game-changer’— empowering companies with the means to custom their services and product offering. As of today, through its partnerships with market leaders across verticals, INFI is deploying its technology worldwide. What challenges did you face in your initial years? What can your peers learn from it? As a market pioneer, INFI was challenged by the need to educate the market and showcase the significant value derived from the understanding of individual’s personality, beyond past behavior and demographics, across digital platforms. At a certain inflection point in our company evolution, as we have become a known leader in our space, we realized that, we need to shift our efforts from market education to customer onboarding and implementation of EmpathAI™ worldwide. Since we offer added value in endless scenarios involving human-machine interaction, we had to gradually develop our business and offering focus and came up with a strategy that is tuned to customers, geos and use cases in which our technology makes a substantial impact. One of the biggest challenges of AI companies today is to teach the machine on how to extract insights from big data so that they can provide better services to their users. Recent machine-learning methods group individuals by market segments and ‘tribes’, which provide an understanding of WHAT certain groups of people might need, based on past actions and behavioral patterns. However, these tools have reached a glass ceiling since the implemented methodology is missing the understanding of WHY an individual acts in a certain way. With INFI’s proprietary algorithms, we were able to break the code of the missing piece by implementing another dimension of personality understanding which makes all the difference.