This RadarView aims to help enterprises understand the current state of AI and identify opportunities for leveraging this technology to streamline their business workflows. It begins with a summary of key trends shaping the supply side of the market. It continues with a detailed assessment of 14 providers delivering generative AI (Gen AI) platforms. Each profile gives an overview of the platform provider, its key IP and assets, and a list of major clients and partnerships, along with brief client case studies. Each profile concludes with an analyst’s insights on the provider’s product maturity and market adaptability.
Since ChatGPT’s debut in 2022, Gen AI platforms have undergone rapid evolution. Initially designed for text-based interactions, demand for processing image, audio, and video input spiked across sectors such as banking, healthcare, and retail. To meet these demands, vendors augmented their platform capabilities with multimodal data processing, industry-specific customizations, and long context windows. Additionally, these vendors are integrating LLMs into smart devices, including smartphones, laptops, and industrial robots, to cater to diverse application areas.
The Generative AI Platforms Q2 2024 RadarView™ highlights key supply-side trends in this space and Avasant’s viewpoint on them. It aids companies in identifying top platform providers to assist them in their Gen AI journeys. It also analyzes each platform provider’s capabilities in technology and delivery support, enabling organizations to select the right strategic partners to implement AI.
This RadarView includes a detailed analysis of the following Gen AI platform providers: AI21 Labs, Alibaba Cloud, Anthropic, AWS, Baidu, Atos, Cohere, Databricks, Google Cloud, Meta, Microsoft, Mistral AI, OpenAI, and xAI.
Our evaluation of platform providers is based on primary input from the providers, focused briefings, public disclosures, validation from their clients, and Avasant’s ongoing market interactions. The assessment is across the two dimensions of product maturity and market adaptability, leading to our recognition of those platform providers that have brought the most value to the market over the past 12 months.
About the report (Page 3)
Executive summary (Pages 4–9)
Lay of the land (Pages 10–12)
Platform provider profiles (Pages 13–27)
Appendix (Pages 28–32)
Key contacts (Page 33)
Read the Research Byte based on this report.
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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