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Founded Year

2014

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+12 points in the past 30 days

About InData Labs

InData Labs operates as a data science firm and provides artificial intelligence (AI) powered solutions. The company offers consulting and software development services such as predictive analytics, natural language processing, and computer vision. It primarily serves sectors such as electronic commerce, marketing and advertising, logistics and supply chain, gaming and entertainment, digital health, and fintech. The company was founded in 2014 and is based in Miami, Florida.

Headquarters Location

333 South East 2nd Avenue Suite 2000

Miami, Florida, 33131,

United States

305-447-7330

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Latest InData Labs News

Generative AI in Insurance Market – Global Forecasts to 2029

Feb 26, 2024

2029 LeewayHertz, Markovate, Azati Software, Solulab, Tensorway, Chisel AI, Avaamo, Accubits, InData Labs, and Gradient AI are some of the key market players operating in the global market. February 26, 2024 07:13 ET Global Market Estimates Brooklyn, New York, Feb. 26, 2024 (GLOBE NEWSWIRE) -- According to a new market research report published by Global Market Estimates, the global generative AI in insurance market is projected to grow at a CAGR of 33.1% from 2024 to 2029. The growth of the global generative AI in insurance market is driven by the increasing demand for personalized experiences and the imperative for operational efficiency. Customers seek tailored insurance solutions that cater to their unique needs and preferences, driving insurers to adopt AI technologies capable of delivering personalized recommendations and products. Key Market Trends Personalized Customer Experiences: Generative AI enables insurers to create personalized recommendations and customized products tailored to individual needs, enhancing customer satisfaction and loyalty. Operational Efficiency: Insurers are increasingly leveraging generative AI for task automation and decision-making optimization, leading to improved operational efficiency, reduced manual interventions, and faster processes. Ethical and Regulatory Considerations: With the proliferation of generative AI in insurance, there is a growing focus on addressing ethical concerns such as biases and discrimination, as well as complying with regulatory requirements related to data privacy and fairness in AI-driven decision-making.

InData Labs Frequently Asked Questions (FAQ)

  • When was InData Labs founded?

    InData Labs was founded in 2014.

  • Where is InData Labs's headquarters?

    InData Labs's headquarters is located at 333 South East 2nd Avenue, Miami.

  • Who are InData Labs's competitors?

    Competitors of InData Labs include KNIME, Databricks, DataRobot, Dataiku, Alteryx and 7 more.

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