About
Founded in 2002, Braintree is one of the most innovative and forward thinking companies in the AI space. We are in the vanguard of research and development of intelligent computing solutions.
Our solutions tackle the big challenges faced by major corporations, public service organisations, government, and individuals. We create the future, today. Across everything we do, our purpose is to make life easier and more manageable.
The need and opportunity for AI
The digital world is here. With each day that passes, our lives become a digital existence as much as a physical one.
Innovations in computing technology that just a decade ago only existed in esoteric computing laboratories now permeate daily every aspect of our personal and business lives, so much so that we simply cannot imagine modern life without them.
We are creating a new digital universe, made from galaxies of data that swirl from our devices. This universe is filled with opportunities for us to expand our influence far beyond the limitations of our physical bodies. But our expanding digital universe is growing in complexity day by day. Every aspect of our lives is now intimately linked to this digital universe. Our cities, finance, retail, and entertainment – all are becoming dependent on the generation, exchange and analysis of data. Each day that passes, our wellbeing and happiness becomes more dependent on our ability to understand and navigate through this digital universe.
At Braintree we believe that Artificial Intelligence is the solution. A digital intelligence, born of a digital universe to be our friend and guide. AI will be our companion, our digital sibling. Living on the other side of the digital looking glass, it will make the digital universe accessible to us. By doing so, it will help make both our physical and digital lives easier and more manageable.
Ideas of AI are older than computers. All our computing pioneers from Alan Turing to Claude Shannon were involved in the creation of AI. The results of decades of AI work are already integrated into everyday computers. Braintree continues the work of these computer pioneers, developing wholly new digital intelligences that assist business and society.
At its core AI is simply clever computing, where machines learn to analyse data for our benefit. AI is when computing power is used to problem solve through rational cognitive processes conducted autonomously rather than through direct human input.
Today there has never been so much demand for AI solutions in the market.
Key driving factors are:
- The growth in data generated by all sectors globally which describes every conceivable human activity and phenomenon – from what we like to buy to patterns of weather;
- The growth of high-capacity connected consumer devices, enabling data to be accessed and processed anywhere, anytime;
- The growth of the Internet of Things - connected ‘smart’ devices that generate data and enable digital control of everything around us.
- The development of the ‘cloud’, which provides cost effective, high performance computing resources (storage and processing) to everyone;
- Continuous development of new software, new hardware, and new interfaces at a pace faster than any business or user can keep up.
Pushing the AI agenda
Braintree truly believes in the potential AI holds for our society, economy, and business. We started Braintree in the UK in 2011 because we know that this country can lead on these vital technologies and really set the pace for the rest of the world.
Our goal is to ensure that AI develops in the right way so that it benefits society as a whole – and we are engaging with Government, Parliament, regulators and policy makers to ensure it does.
Members of the All-Party Parliamentary Group on the 4th Industrial Revolution
The Fourth Industrial Revolution (4IR) can be described as a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries.
The All-Party Parliamentary Group (APPG) is a forum of members of the House of Commons and House of Lords, formed to support and promote the Fourth Industrial Revolution (4IR) in Parliament. The Group will encourage Government, parliamentarians, academics, the private sector, and other stakeholders to engage with 4IR-related issues.
Braintree is a supporting member of the APPG, providing technical advice to parliamentarians on the potential of AI.