Appen Completes Acquisition of Figure Eight and Achieves Critical Integration Milestone
Integration Establishes Appen as the Global Leader and Provider of High-Quality, Human-Annotated Data for Machine Learning Models
Appen Limited, a global leader in the development of high-quality, human-annotated datasets for machine learning (ML) and artificial intelligence (AI), announced it has completed the acquisition of Figure Eight, which occurred on April 2nd, 2019. In addition, Appen has also achieved a technical integration milestone, as Figure Eight customers now have access to Appen’s extensive crowd resources directly through the Figure Eight platform.
Appen Completes Acquisition of Figure Eight and Achieves Critical Integration Milestone #AI #MachineLearning
Appen offers a highly efficient crowd management platform, a scalable, skillful, multilingual crowd, the world’s most innovative customer-facing SaaS platform with ML-assisted annotation, as well as multiple delivery models: open contributors, curated at-home crowds, secure/NDA crowds and on-site workers.
The combination of Appen’s skilled and diverse global workforce of more than 1 million global contractors with Figure Eight’s industry-leading data annotation platform creates a robust training data offering designed to enhance AI initiatives for a wide variety of use cases. This offering is uniquely positioned to deliver on the increasing volume, quality and speed requirements for training data to support business innovations and efficiencies which use ML and AI.
“With a critical component of our integration complete, we’re excited for the opportunity to deliver immediate value to Figure Eight customers who can now accelerate their AI and machine learning initiatives with the massive scale of Appen’s crowd,” said Mark Brayan, Appen’s Chief Executive Officer. “We’re also pleased to offer even more flexible work from home opportunities to our crowd as a result of integrating with the Figure Eight platform.”
Existing Figure Eight platform users will immediately gain access to over 1 million on-demand global crowd workers covering 130 countries across 180 languages and dialects. This expansion in sourced annotators, combined with the automated quality controls and machine learning assisted annotation tools of Figure Eight, will allow both Figure Eight and Appen customers to scale their AI initiatives.
“We couldn’t be more excited to be officially part of the Appen family and to have achieved this initial integration milestone,” said Becky Scott, Figure Eight’s Chief Operating Officer. “Together, we provide a single-source global data annotation solution for any company, in any vertical, seeking to advance its use of artificial intelligence.”