OverviewSuggest Edit

expert.ai (formerly known as Expert System) is a semantic intelligence company that creates artificial intelligence, cognitive computing, and semantic technology software. It enables organizations to process textual data streams or repositories, autogenerate sophisticated metadata, and enable the discovery of hidden or inferred substantive content.
TypePublic
Founded1989
HQRovereto, IT
Websiteexpert.ai
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)264(+15%)
Revenue (FY, 2020)€28.1 M(-11%)
Share Price (Oct 2021)€2.4
Cybersecurity ratingBMore
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Key People/Management at expert.ai

Walt Mayo

Walt Mayo

Chief Executive Officer
Stefano Spaggiari

Stefano Spaggiari

Founder & Executive Chairman
Marco Varone

Marco Varone

Founder & Chief Technology Officer
Francesca Petronio

Francesca Petronio

Chief People Officer
Luca Scagliarini

Luca Scagliarini

Chief Product Officer
Colin Matthews

Colin Matthews

Chief Revenue Officer
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expert.ai Office Locations

expert.ai has an office in Rovereto
Rovereto, IT (HQ)
Via Fortunato Zeni, 8
Show all (1)

expert.ai Financials and Metrics

expert.ai Revenue

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View revenue for all periods
expert.ai's revenue was reported to be €28.1 m in FY, 2020 which is a 11.2% decrease from the previous period.
EUR

Revenue (FY, 2020)

28.1m

Revenue growth (FY, 2019 - FY, 2020), %

(11.2%)

Gross profit (FY, 2020)

15.3m

Gross profit margin (FY, 2020), %

54.5%

Net income (FY, 2020)

(5.4m)

EBIT (FY, 2020)

(9.5m)

Market capitalization (28-Jun-2021)

145.2m

Closing stock price (28-Jun-2021)

2.9

Cash (31-Dec-2020)

54.0m

EV

124.4m
expert.ai's current market capitalization is €145.2 m.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

28.7m31.7m28.1m

Revenue growth, %

10%(11%)

Cost of goods sold

12.0m15.1m12.8m

Gross profit

16.7m16.5m15.3m
Half Year
EURH1, 2018H1, 2019H1, 2020

Revenue

12.9m11.9m9.6m

Cost of goods sold

6.1m6.2m7.3m

Gross profit

6.8m5.6m2.3m

Gross profit Margin, %

53%47%24%
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

7.9m21.6m54.0m

Accounts Receivable

15.8m20.4m2.9m

Inventories

109.3k58.6k10.7k

Current Assets

37.4m51.0m83.2m
Half Year
EURH1, 2018H1, 2019H1, 2020

Cash

9.4m16.9m31.6m

Accounts Receivable

11.1m13.0m14.2m

Inventories

103.5k16.1k8.6k

Current Assets

34.7m44.4m55.1m
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

(3.8m)(983.0k)(5.4m)

Depreciation and Amortization

7.8m8.3m7.5m

Inventories

(10.1k)50.7k47.9k

Accounts Payable

118.5k1.5m(139.7k)
Half Year
EURH1, 2018H1, 2019H1, 2020

Net Income

(3.7m)(4.0m)(3.1m)

Depreciation and Amortization

3.6m3.8m3.3m

Inventories

(4.3k)93.2k50.0k

Accounts Payable

161.4k197.8k369.2k
EURH1, 2018

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.5 x
Show all financial metrics

expert.ai Operating Metrics

Jun, 2021

Articles Processed per Day

1.5 m

Trouble Tickets Analyzed per Day

5 k
Show all operating metrics

expert.ai Acquisitions / Subsidiaries

Company NameDateDeal Size
TEMISOctober 01, 2015
iSOCODecember 18, 2014$6 m
Expert Systems Canada - Tech. Sem. Inc.
Expert Systems Cogito Ltd
Expert Systems Deutschland Gmbh
Expert Systems Enterprise Corp.
Expert Systems France SA
Expert Systems Helvetia Sarl
Expert Systems Iberia Slu
Expert Systems USA Inc

expert.ai Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

expert.ai Online and Social Media Presence

Embed Graph

expert.ai Company Culture

  • Overall Culture

    A+

    92/100

  • CEO Rating

    A+

    100/100

  • Compensation

    C-

    60/100

Learn more on Comparably

expert.ai News and Updates

WealthIntel, Inc., And Expert.ai S.P.A. Sign A Strategic Partnership Agreement To Formulate New Advanced Intelligence For Commerce.

LAS VEGAS, July 27, 2021 (GLOBE NEWSWIRE) -- WealthIntel and Expert.ai, announce a Strategic Partnership Agreement, whereby WealthIntel’s exclusive and proprietary artificial Intelligence (The “PDCI”) and Expert.ai’s Cogito will be brought together to facilitate groundbreaking innovations in natur…

GBT Tokenize is Seeking to Develop an Expert System Based Flow qTerm Vitals’ Device Mobile Application

SAN DIEGO, Dec. 17, 2020 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”), announced that its Joint Venture, GBT Tokenize Corp (“GBT/Tokenize”), is currently developing an expert system based flow for its qTerm device mobile application. An expert system is an a…

Expert System raises $29.4 million for AI text extraction and analysis

Expert System has raised $29.4 million to bolster the development of its natural language processing technologies for enterprise customers.

Expert System Accelerates Expansion with New Fundraising

ROCKVILLE, Md., May 23, 2019 /PRNewswire/ -- Expert System announced plans to accelerate its expansion in the United States, after raising $7.8 Million in new capital. The funds were raised by means of a capital increase offered up for subscription to a pool of private investors including ...

Expert System Named for the Fifth Time in a Row One Of "100 Companies That Matter in Knowledge Management"

ROCKVILLE, Md., March 11, 2019 /PRNewswire/ -- Expert System has been named as one of KMWorld's 100 Companies That Matter in Knowledge Management 2019. Compiled over the course of the year via input from editors, analysts, experts and, most importantly, users, this distinction is bestowed ...

Cognitive Services market to witness astonishing growth of 40.3% to aggregate USD20.03 Billion by 2023 | Apple, Expert System Enterprise, Folio3 Software

HTF Market Intelligence released a new research report of 101 pages on title 'Global Cognitive Services Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, forecast and strategies. The study covers key regions that includes South …
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expert.ai Blogs

Expert.ai Named Winner in 2021 API Award

The expert.ai Natural Language API awarded best in API debut, in evidence of the leading role of advanced natural language understanding capabilities in the growth of the API Economy Expert.ai is excited to announce that the expert.ai NL API has won a 2021 API Award in the Best API Debut category. T…

Teams Mentored by expert.ai Advance to the Finals of the Inaugural Big Ten Augmented Intelligence Bowl

The Big Ten Augmented Intelligence (AI) Bowl enters the final round; Teams from Penn State and Northwester, both mentored by expert.ai, will present their final case solutions to judges on October 22, 2021 Expert.ai is a proud sponsor and mentor of the inaugural ‘AI Bowl’ aiming to address health di…

Expert.ai to take part in the G20 Innovation League

Among the 100 innovative companies from G20 countries, expert.ai will present its artificial intelligence solutions to venture capitalists on October 9-10 in Sorrento  Expert.ai is pleased to announce that it has been selected to participate in the G20 Innovation League. The event, which will be hel…

Expert.ai Wins Best in Natural Language Processing Technology at the 2021 AI TechAwards

The expert.ai platform awarded as a top example of the newest artificial intelligence and machine learning technologies allowing developers and engineers to build upon the burgeoning AI industry Expert.ai today announced that its hybrid NL Platform has been awarded Best Natural Language Processing T…

Transform speech into knowledge with Hugging Face/Facebook AI and expert.ai

Verba volant, scripta manent (Words are fleeting, text persists) Hearing isn’t understanding. Studies show that if we listen to a 10-minute speech, on average, we retain 50% of it initially, 25% after 48 hours, and only 10% after a week. In short, we hold on to a very limited amount of what we hear.…

Expert.ai and Modena Volley Partner under the Banner of Artificial Intelligence

The official collaboration between expert.ai and Modena Volley, the nationally and internationally recognized volleyball team based in Modena, was announced today in a press conference which took place at expert.ai’s Academy. The collaboration brings together two different organizations united by th…
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expert.ai Frequently Asked Questions

  • When was expert.ai founded?

    expert.ai was founded in 1989.

  • Who are expert.ai key executives?

    expert.ai's key executives are Walt Mayo, Stefano Spaggiari and Marco Varone.

  • How many employees does expert.ai have?

    expert.ai has 264 employees.

  • What is expert.ai revenue?

    Latest expert.ai annual revenue is €28.1 m.

  • What is expert.ai revenue per employee?

    Latest expert.ai revenue per employee is €106.4 k.

  • Who are expert.ai competitors?

    Competitors of expert.ai include Advertima, AzzurroDigitale and Travel Appeal.

  • Where is expert.ai headquarters?

    expert.ai headquarters is located at Via Fortunato Zeni, 8, Rovereto.

  • Where are expert.ai offices?

    expert.ai has an office in Rovereto.

  • How many offices does expert.ai have?

    expert.ai has 1 office.