Builder.ai’s AI-Based Platform Recognized as ‘Visionary’ in Gartner® Magic Quadrant 2021
LONDON, September 14, 2021 / PRNewswire / – Today, Builder.ai is releasing a beta version of Natasha, the world’s first AI-based product manager, as part of her ongoing efforts to democratize software development with Builder Studio 3.0. The new platform features the beta of Natasha, the world’s leading AI-powered software product manager. For the first time, she (the AI) can interact with customers, starting to suppress massive amounts of human variance in the journey from an idea in their head to the application in their hand. The journey from idea to specification is the hardest part of a uniquely human process, causes the most human variability, and ultimately affects a project’s consistency and predictability, causing these notorious delays and stretch costs. with no end in sight.
Natasha has the ability and the potential to take software development from a lengthy consulting operation to a fluid, predictable, consistent and repeatable process. So every product built has the same quality and the same pristine processes behind it. In the beta, she will appear in two areas of Builder Studio: through a chat experience for customers and also as an agent listening to customer conversations, automatically tagging features and asking questions to customer-facing teams. (via chat), thus ensuring that every conversation is fueled by the collective insight of all conversations.
“Builder.ai’s mission has always been to be the link between every great idea and a fully realized product, while giving our customers the greatest control over their future.” said Builder.ai co-founder and CEO Sachin Dev Duggal. “We launched the new Builder Studio 3.0 with Natasha’s beta to push the boundaries of what we all thought was possible. Imagine a world where you can pick up the phone, talk to Natasha and three days later have your app in. the AppStore; it’s the future we’re building towards. “
Natasha can manage real-time projects with unmatched transparency and consistency, compressing weeks of work into hours and minutes. It has the rationality to translate an idea into a set of characteristics; split a project into parallel streams for faster construction; choose the best developers; set deadlines; and calculate budgets. All this was only possible manually before. In a conventional development workshop, this first step – turning an idea into a specification document – takes between 2 and 6 weeks. This involves attending dozens of meetings for weeks on end until the product starts to take shape. But with Natasha, anything can happen in an hour.
Builder.ai was recently recognized in the Gartner 2021 Magic Quadrant for Multi-Experience Development Platforms (MXDP) as a Visionary. Gartner says, “Visionaries demonstrate a solid understanding of the MXDP marketplace and have the technical and marketing means to excel. One of three new entrants to this Magic Quadrant, we believe Gartner added Builder.ai for its innovative product offerings, market understanding, and strategic growth plans. Gartner rates companies on completeness of vision and ability to execute, and Builder.ai’s AI-powered platform was placed farthest to the right for completeness of vision in its quadrant. Builder.ai allows businesses without technical knowledge (or the time to do it themselves) to order custom software.
Traditional platforms (low-code / no-code / SaaS) are aimed at experts and require in-depth training and expertise. These have not removed expertise from the equation and have yet to be complemented by professional services that use the respective platforms.
We believe this recognition of the Gartner Magic Quadrant of Builder.ai’s Zero Code Differentiated Platform as a new way to create software reinforces the company’s belief that customers want software “built for them” instead. than creating them themselves, which eliminates the need for clients to find experts entirely. It combines reusable Lego-like features that programmatically assemble AI (machine learning, computer vision, knowledge graphics) to dramatically reduce human effort, then intelligently select from a network of experts working on the platform. form to complete the last mile. Unlike other platforms, customers get a full copy of their code, giving them full control over their technology, without having to become an expert; it also allows Built by Builder.ai apps to be seen in the AppStore and Google Play (most low-code / no-code apps are only consumed internally).
“Since april 2020, we have seen a 12x growth in monthly net revenue for Builder Studio product and a 6x or more increase in new customers over the past 12 months. As a Virtual Product Manager, Natasha will help enrich those customer experiences and increase productivity “, added Sachin Dev Duggal. “The development of any intelligent agent like Natasha is a process of continuous learning and refinement. She will continue to evolve and learn over time as she feeds more data and experiences more with customers. “
Natasha is powered by much of the AI the company has built over the past two years from several machine learning (ML) applications that include natural language processing (NLP), feature recommendations, and models, as well as statistical models for price and time line estimates. All of these are powered by Builder.ai’s patent pending Knowledge Graph. But what makes Natasha special is her potential to be suggestive. She learns and adapts to each new conversation to improve at what she loves: creating software.
Gartner, Magic Quadrant for Multi-Experience Development Platforms, Arun Batchu, Adrien leow, Jim Scheibmeir, Van baker, July 26, 2021.
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Builder.ai is a leading AI-powered software development platform that enables businesses, small businesses, and entrepreneurs to build, run, and scale their software using reusable functionality. Lego type, an approved network of developers and a state-of-the-art system. software assembly line, running in the cloud. Led by serial entrepreneur Sachin Dev Duggal, Builder.ai is reshaping the way software is designed and executed, with products like Builder Studio, Builder Care, and Builder Cloud.
Builder.ai is a global brand headquartered in London, supported by offices in New Delhi, Singapore, Los Angeles, Tokyo and Dubai. Customers include everyone from bakery to Riyadh to world famous companies like Pepsi, the BBC, Virgin Unite and the US Air Force. Builder.ai was created so that everyone can be empowered to unleash their true potential, regardless of their knowledge and skills.
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