Sherpa - Tech Startup of the Year
Company: Sherpa, Bilbao, Spain
Company Description: Sherpa has developed AI-based virtual personal assistant technology with predictive capabilities that enable virtual assistants to learn about users and anticipate their needs. Sherpa technology is designed for manufacturers of consumer products, such as automobiles, intelligent ear speakers, in-home speakers and appliances, and wearables, seeking to add intelligence to their products.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Tech Startup of the Year- Software
Nomination Title: Sherpa
Tell the story about what this nominated organization has achieved since 1 January 2017 (up to 650 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms.
Sherpa has developed AI-based virtual personal assistant technology with predictive capabilities that enable virtual assistants to learn about users and anticipate their needs before they are asked. Sherpa technology is designed for manufacturers of consumer products, such as automobiles, intelligent ear speakers, in-home speakers and appliances, and wearables, seeking to add intelligence to their products and explore new business models based on offering digital services.
Sherpa also makes a consumer app for smartphones and tablets. Preloaded on Samsung smartphones, the Sherpa app has been downloaded more than 1 million times and is the most widely used Spanish-language personal assistant app for consumers.
Sherpa App supports the AI predictive platform in mobile devices as Smartphones or Tablets. Sherpa’s app is the number one personal assistant app in the Spanish speaking world with over 1 million downloads and a rating of 4.4 out of 5 in Google Play. The app provides direct access to services and contents and constantly learns from the user’s interests, preferences and locations. The app provides a fantastic user experience with index cards and notifications displaying tailored information for the user.
API/SDK for Enterprise
Sherpa makes your devices intelligent. The distinct versions of Sherpa’s SDK enable easy integration of the intelligence of Sherpa’s API into third party solutions. Sherpa’s systems can be integrated into devices such as the following:
Home: Sherpa can convert your home devices eg. Smart TVs, routers etc. into a home assistant.
Cars: Sherpa’s systems are easily integrated with automobiles, converting the conventional car into a modern-day “KITT”.
Wearables: The integration of Sherpa’s intelligence takes your apps for wearable devices to the next level. Users will be able to use their voice to interact with the application.
Mobile: Sherpa makes apps intelligent by offering users the most current information, based on their habits and preferences.
AI, Profiling & Predictive algorithms
Based on robust machine learning techniques, Sherpa’s Artificial Intelligence Algorithms work together to provide the best user-specific recommendations in any situation at any time. Sherpa’s personalized predictive capabilities set it apart from market competitors. Sherpa analyses over 100,000 parameters per user per day in order to formulate and continuously update individual profiles.
NLP & Conversational manager
With over 300,000 concepts and 5,000 syntactic and semantic rules, Sherpa's thoroughly tested core system provides the basis for a reliable and comprehensive approach to human-computer interaction. Sherpa incorporates five levels of linguistic analysis to eliminate all possibility of misinformation interpretation - morphology, syntax, semantics, pragmatics and function. Its sophisticated natural language technology mimics human understanding to dismiss impossible or unlikely matches.
Patent taken out in the name of Sherpa Founder and CEO Xabi Uribe-Etxebarria as inventor: System and method of integrating remote services. Granted. Patent Number: US8745194 B2
Google Assistant, Amazon Alexa, Microsoft’s Cortana and Apple’s Siri can all be considered competitors to Sherpa.
Sherpa’s differs from these other assistants in the following ways:
More accurate predictive algorithm. This technological feature is one of the main advantages Sherpa has over its competitors. Sherpa displays results that better match users’ interests thanks to its advanced Artificial Intelligence algorithm.
Sherpa is a conversational system with memory
Sherpa adheres to EU Laws, which are more restrictive than US regulations in terms of privacy.
Sherpa’s development costs are considerably lower than those of other companies. Sherpa has a 20-strong development team based at the company’s offices in Erandio, Bilbao.
Sherpa is also highly scalable. By having a small team of developers, the Sherpa platform has been designed in such a way that allows for exponential growth without having to significantly increase costs in order to reflect large-scale growth.
The exponential growth of Virtual PAs as user interaction platforms, (market is expected to be worth some $15 billion by 2020, added to the growth of intelligent connectivity (IoT) make Sherpa a project with exponential growth potential.
In bullet-list form, briefly summarize up to ten (10) of the chief accomplishments of this organization since the beginning of 2017 (up to 150 words).
-Agreement with Samsung Electronics
-Agreement with Porsche
-Inclusion on CB Insights AI 100,a select group of promising private companies working on groundbreaking artificial intelligence technology
-Development of product lines (Sherpa App, Sherpa Car, Sherpa Home)
-Design and UX. Sherpa’s accompanying app has been updated to providea fantastic design and intuitive user experience, unlike some of the other IAs on the market.
-In 2017 Sherpa has built a team of highly skilled professionals in the following categories: Board of Advisors, Operations and Business Development, Product, Design and Engineering teams, and a highly qualified Artificial Intelligence team of 8 PhD graduates.
Of the following measures of success, which ONE do you want the judges to most appreciate about your organization's story of achievement since the beginning of 2017? Technical Innovation