Why now?
the introduction of AI to business will be as impactful as electrification was to the industrial revolution
The AI Transformation is Underway
CLASSIC Software is static and is built upon thousands OR eVEN millions of lines of code.
Thanks to exponential advances in computing power, digital data production, deep learning, and the cloud, seamless Artificial Intelligence applications for your everyday business needs have arrived. The sophistication of Parallel AI's platform is not bound by rules, nor human expertise.
Content Explosion
content doubles every two years
More data was created last year than the last 5,000 years combined. It will double again in the next two years. 91% of all content created is unstructured in the form of images, text, audio and video. It is impossible for the whole human race, without artificial intelligence, to consume and catalogue that information in a reasonable time.
Dropping Attention
HUMANs have less attention than a goldfish
In the last decade, the average human attention span dropped from 12 seconds to 8 seconds. In context, a goldfish has an attention span of 9 seconds. As a human race, we have less attention span than a goldfish. Companies have 8 seconds to extract the right content for the right individual in the right context, and this is simply not possible with conventional information retrieval methods.
Mission Critical
LONGER THAN A FRACTION OF A SECOND IS TOO LONG
Historically, artificial intelligence was not used in mission critical systems simply because it was neither fast nor accurate enough. The value added by a real time and highly accurate AI system is vast for industries like Oil & Gas, IoT, eCommerce, Programmatic Advertising and Healthcare.
What We Do
“…today, AI is core competency demanding c-level investment, not a nice to have…” - Forbes
We bring AI transformation to your business, precisely how you need it. When you need it.
the power of ai. personally yours.
Parallel AI has built an industry-leading real-time artificial intelligence platform that allows companies across various sectors to co-create custom AI business solutions, without the need of extensive AI expertise.
Blink of an Eye
We're fast. really fast.
Every AI decision system built by Parallel AI executes in under 100 milliseconds, irrespective of the volume of data used to make that decisions. Simply put, we are one of few companies who can achieve this level of performance, opening up solutions for algorithmic trading, proactive fault prediction, etc.
Extreme Personalisation
achieving a single view of each and every one of your customers
Our extreme personalisation capability captures the smallest of interactions a customer has with our platform and builds a comprehensive understanding of their wants and desires. With uncanny accuracy, free of human bias, we can personalise every aspect of customer engagement with your brand in real time. We're completely multi-model from outbound messaging, on-site and in-session personalisation, programmatic advertising and off-site re-targeting.
Scientific Engagement
10,000 experiments in 5 Seconds
Michael Simmons (Harvard Business Review) postulates that deliberate experimentation is more important than deliberate practice in a rapidly changing world. Our AI models do not sleep. They are online and learning constantly with each passing second and without supervision. They're learning new and innovative solutions to your business problems, around the clock in real-time, derived in scientific experimentation.
Executive Team
Parallel AI
Combined 22 years of Artificial Intelligence and Machine Learning Expertise
Leading the AI Transformation
Chandan Rajah
Chief Executive Officer
Serial entrepreneur and part time hacker, Chandan leads the company with the grand vision of automatically converting human intent into real time decision systems. He is equal part dreamer, innovator, and deliverer. He has successfully started and exited two previous ventures. With over 20 years of experience in delivering technology transformation and running multi-million pound P&Ls, he brings with him the ability to see unique commercial opportunities and knows where and how to build the high impact teams required to capitalise on them. Chandan thrives in managing exponential growth, and has a deep understanding of how to deliver complex software development to the companies that need them the most. Chandan holds an MS in Software Engineering, an MSc in Machine Learning and Artificial Intelligence, and an MBA from London Business School.
Paul Oates
Managing Director, Commercial and Operations
Paul is an accomplished commercial leader, with over a decade of progressive managerial achievements in commercial, business development, and corporate strategy in the Energy sector. Prior to joining Parallel AI, Paul was one of the firms youngest General Manager's, and was promoted to U.S. commercial head of a $2.5 billion energy infrastructure company where he grew the terminal segment from $60MM to $200MM EBITDA over a five year period. Paul's leadership acumen is further complimented via his previous experience as a military officer. As we continue our unprecedented growth and scale up, Paul will execute our strategic, operating and commercial vision, as well as lead major negotiations with our industry partners and head up our Oil and Gas vertical.
Tamas Jambor, Ph.D.
Senior Director and Head of Artificial Intelligence
Dr. Jambor holds a Ph.D. in computer science from UCL, and an MSc with distinction in intelligent systems. He is our resident machine learning genius and translates the wildest of business intentions into high performance models. AI hacker and data scientist by trade, he was instrumental in building our core artificial intelligence capability from scratch. He has contributed strong academic research to both British Telecom and UCL, and has been the recipient of various academic grants and honors.
Ryadh Khsib
Senior Director and Head of Engineering
Ryadh compliments a Masters degree (honors) in Software Engineering and machine learning accreditation from Stanford, with over 10 years of progressive development in architecture, design, validation, development and maintenance of large-scale and complex information systems across a variety of industries. Jack of everything engineering, he posses and tackles the hardest of problems and find the most innovate of solutions to all of them. He is our resident technology ninja and all round problem solver from engineering to infrastructure.
Industry Spotlight : Fashion Retail
Real-Time Personalisation
Along with historical behaviour profiles, our platform captures every customer interaction in real-time and uses it to individualise the user experience on-screen as well as tailor communications to match each users preference. In essence, every consume would see a website or mobile application individually tailored to their preferences with personalised content.
Unique Experience
Fashion retail brands and outlets are striving to gain customers’ attention and create a unique experience for them. Brands that are able to drive engagement and create a positive customer engagement often obtain superior brand loyalty. Fashion retail stores have used various techniques to engage the customers, such as providing them with tablets to research and buy products, implementing click and collect model, and providing in-store entertainment. Apart from providing a positive experience, fashion retail stores should also focus on store interiors that enhance the overall customer journey, leading to sales.
Consumer Optionality
Consumers today have the option to choose from thousands of brands. They also have the option of using multiple channels – be it retail store, e-commerce platform, or mobile commerce. Additionally, consumers demand variety and novelty. Consumers often demand apparel they see being worn by their favorite celebrity. So, it is a challenge for brands in the fashion industry to provide a product range in a short amount of time. Such pressures can create complications in the supply chain, product development, planning, production, and fulfillment.
Inventory Intelligence
Fashion retailers and brands are forever contending with the very volatile issue of seasonality – having to ramp up inventories and then deplete them in a time-sensitive manner. There are certain things we can control and others that we can’t, like the weather. If a summer hasn’t been hot enough fashion retailers will find themselves slashing prices and diluting margins trying to get rid of stock that isn’t selling, and in parallel bringing on the apparel that wasn’t due out on the shelves until later in the season. Stock visibility, inventory intelligence, and operational agility to quickly change tack in a timely manner are necessities in today’s fashion supply chain.
Industry Spotlight : Oil and Gas
“The oil and gas supply chain stands to gain $50 billion in savings and increased profit by adopting AI” (McKinsey and Company, 2017)
Parallel AI - Leaders in Disruptive Oil and Gas innovation
The recent Oil downturn has demanded a focus on the need for improving asset performance, streamlining operations, and a strict adherence to technology ROI. Competencies in data management, trading bots, and prescriptive analytics will demand C-level investment like never before.
Our Energy team has extensive experience throughout the Oil and Gas supply chain- upstream, midstream, and downstream. We have a deep understanding of your operations, and coupled with the sophistication of our AI platform, we can provide bespoke AI solutions for a diverse array of your industry specific needs. If you can think of an Oil and Gas application, we can build it and seamlessly integrate it into your operating systems.
Upstream Applications
If volatility in oil prices is the new norm, the push for “value over volume” is the key to success going forward- Digitalist magazine
- Wellhead Intelligence
- Replace Manual Production Forecasting
- E&P Data Integration
- Data-Sets Categorization
- Predictive and Prescriptive Maintenance
Midstream and Trading
Parallel AI’s platform can automatically analyze and interpret complex data points from thousands of sources with industry leading speed. In real-Time, we can provide deep insight from both past and present oil, gas, and LNG flows to predict future movements.
- Trading bot and trade optimization
- Big data synthesis
- System centralization and destruction of information silos
Supply Chain Management Automation
- Advanced Energy Market Analytics
Downstream
“Leading Big Oil’s mining of so-called big data, with some firms envisioning billions of dollars in savings over time by avoiding outages, managing supplies and identifying safety hazards” (Reuters, 23 June, 2017)
- Refinery (non-linear) optimization
- Corrosion Risk Analysis
- Catalytic Reformer Process Control and Optimization
Bespoke Energy Solutions
As our platform is as sophisticated as it is customizable, its capacity to evolve and learn in real-time will only continue to become more integral in your energy operations.
We look forward to hearing how we can partner with you in digitally transforming your oil and gas business.
Connect With Us
Ready for Parallel AI to become your trusted AI partner? We would love the opportunity to prove to you how truly powerful real-time AI is across various business domains.
info@
parallelai.com 24 Rainville Road, London, UK W6 9HA
+44 7711 060 452
