‘AI Startup of the Year’ Award

This category recognizes startups that have leveraged AI technologies to develop groundbreaking solutions, disrupt industries, and drive positive change in their chosen sector.

Who Should Enter

Examples

Previous Winners

What to Include

How to Enter

Download Forms

‘AI Startup of the Year’ Award

This category recognizes startups that have leveraged AI technologies to develop groundbreaking solutions, disrupt industries, and drive positive change in their chosen sector.

Who should enter the ‘AI Startup of the Year’ category?

This award is open to organizations established or incorporated after January 1st the preceding year.

This award recognizes the entrepreneurial spirit, creativity, and transformative potential of startups that are leveraging AI technologies to address pressing challenges, seize new opportunities, and deliver impactful solutions to customers and society.

AI has emerged as a force in the competitive startup ecosystem, empowering entrepreneurs to create innovative products, services, and business models that address complex challenges and unlock new opportunities.

AI startups are at the forefront of innovation, driving advancements in areas such as healthcare, finance, education, cybersecurity, and beyond.

With access to cloud-based platforms, tools, and services, AI startups can accelerate product development, scale operations, and reach global markets more effectively than ever before.

Features of a successful startup

Hall of Fame: Previous Winners

Winner of the 2023/24 Cloud Award for Most Promising Startup

Quote from Lead Judge Richard Geary

“We at The Cloud Awards were impressed to see how Coalesce fills a clear gap in today’s data stack, streamlining data transformations through automation and intelligence while supporting the needs of business and technical users. By eliminating the bottlenecks that have hindered data analytics, Coalesce allows companies to realize value from their data 10x faster. With an expanding global customer base and partnerships with key industry players like Snowflake, Coalesce is poised to accelerate growth even further in the years ahead.”

Winner of the 2023 SaaS Award for Best SaaS Newcomer

Quote from Lead Judge Raghuram Pendyala

“Congratulations to ECM for their outstanding achievement in winning the Best SaaS Newcomer category at The SaaS Awards 2023! Their innovative and disruptive approach to design software solutions has truly set them apart. ECM’s commitment to redefining the landscape of design software showcases their dedication to pushing boundaries and making a significant impact in the industry. This win is a recognition of their bold steps and promising future. Well done from all of us at The SaaS Awards!”

Winner of the 2022/23 Cloud Award for Most Promising Startup

Quote from Lead Judge David Newton

“The judging team at The Cloud Awards were really impressed with the way Logik.io have tackled a very complex area of CQP and created a product that is seamlessly powerful, elegant in style, and still surprisingly simple to use. Logik.io have demonstrated through careful design that they are incredibly responsive to their market and customer base. And did we mention customizable? A superb feature which we really loved.

Areas to highlight in your submission

A strong entry for the ‘AI Startup of the Year’ category should include details on some, or all, of the following areas that the judges will be looking for:

  • Market Impact: 

    The startup’s ability to address significant market needs or opportunities, its potential for disruption within its respective industry or sector, and the scalability of its solution to target broader markets or customer segments, using AI.

    If possible, this is a good opportunity to provide supporting metrics of the startup’s impact on the market since its inception, such as case studies, customer service scores, or other success metrics.

  • Business Viability:

    Essential for long-term success and sustainability. This includes the startup’s business model, revenue generation strategy, market traction, and growth trajectory.

    This also includes its ability to attract investment, form strategic partnerships, and expand its customer base.

  • Product/Technology: 

    Summarize the startup’s product or technology offerings, including their uniqueness, functionality, performance, and differentiation compared to existing solutions in the market.

    Expand on factors such as usability, scalability, reliability, and integration capabilities.

  • Customer Satisfaction:

    The startup’s track record of delivering value to customers and achieving successful outcomes.

    Evaluation of customer satisfaction, testimonials, case studies, and retention rates to gauge the startup’s ability to meet customer needs and expectations.

  • Innovation and Creativity:

    The novelty of the startup’s technology or solution, the uniqueness of its approach, and the extent to which it introduces new concepts or methodologies that represent a significant departure from existing solutions.

    Please detail in particular the innovative use of advanced AI algorithms, machine learning techniques, and/or cloud computing infrastructure.

Next Steps to Enter The A.I. Awards

To enter this FinTech Awards category, or any other category in The FinTech Awards, please follow these three simple steps:

  • Download the entry form. Open up the ‘AI Awards Simple Form’ document.
  • Complete the form. You only need to complete the form once, even if entering multiple A.I. Awards categories.
  • Submit your entry. Head to the ‘Submit Now’ section on our website, select ‘The A.I. Awards’ and the category/categories you are entering from the list, upload your form and any other materials you would like the judges to review, and process your fees.

The A.I. Awards is a program from The Cloud Awards. Since 2011, we’ve been helping organizations across the globe gain the recognition they deserve for market-leading innovation in the cloud computing and software sectors.

For a detailed breakdown of all the benefits you receive as an awards entrant as either a shortlistee, finalist or ultimate winner, please see our “Why Enter?” page. The many benefits are replicated across all international awards programs. If you have any questions about this category, please contact us.