Montreal-based Stradigi also operates one of the largest applied AI labs in Canada, and announced the launch of Stradigi Labs, an applied research center focused on developing innovative AI solutions in high-growth markets such as medical and healthcare, sports and social platforms, in October.
IVADO brings together industry professionals and academic researchers to develop cutting-edge expertise in data science, operational research and artificial intelligence.
The partnership with IVADO will allow Stradigi to share and further develop its expertise with regards to forecasting potential life-threatening events for patients, and identifying personalized treatment policies, creating a chatbot able to answer medical questions in real-time.
“The synergy between Stradigi and IVADO will lead to tremendous opportunities for growth and innovation. We’re thrilled to contribute our extensive knowledge, expertise and research in artificial intelligence, especially in regards to the medical sector. I have no doubt that our successful collaboration will continue pushing the boundaries of what is possible and truly cement Montreal’s reputation as a leader in the global tech community.” said Basil Bouraropoulos, CEO and co-founder of Stradigi.
The Stradigi family includes Stradigi (A full service software development company), Stradigi Ventures (an early stage AI focused incubator) and the newly formed Stradigi Labs (an AI-focused applied research center). The new AI lab will support existing clients of Stradigi’s software development services, support incubated businesses within Stradigi Ventures, and create new business ideas that can either become stand alone businesses that will be spun out into our incubator, or potential scalable licensing opportunities.
“ Stradigi offers a different area of expertise which will further the progress of Montreal as an artificial intelligence hub. The cooperation between the members of our multidisciplinary network allows us to empower each other and further contribute to the advancement in research and development of projects that will have a direct impact for customers in all industries.” said Caroline Pernelle, Partnerships Director at IVADO.
The first company spun out of the Lab, Propulse Analytics, built a custom AI solution to better understand a customer’s path to purchase for retailers. The image recognition technology recently helped a millennial clothing brand amplify sales 2.5x in a matter of months, bringing an innovative prediction tool to retailers to address fulfillment needs and help move unsold inventory. A second company with a powerful chatting application focused on preventing cyber-bullying is expected to be announced in the near future.
To accommodate the expansion, Stradigi is looking to add 30 new employees to their existing workforce of 50 over the next 18 months. In addition, Stradigi has also secured 13,000 square feet of office space in the penthouse of the historic Hermes Building in addition to the 9,000 square feet the company currently occupies.