C3 Ai Inc 's

Our main sources of current and potential competition fall into several categories:
internal IT organizations that develop internal solutions and provide self-support for their enterprises;
commercial enterprise and point solution software providers;
open source software providers with data management, machine learning, and analytics offerings;
public cloud providers offering discrete tools and micro-services with data management, machine learning, and analytics functionality;
system integrators that develop and provide custom software solutions;
legacy data management product providers; and
strategic and technology partners who may also offer our competitors? technology or otherwise partner with them, including our strategic partners who may offer a substantially similar solution based on a competitor?s technology or internally developed technology that is competitive with ours.
Our primary competition is largely do-it-yourself, custom-developed, company-specific AI platforms and applications developed by internal IT organizations. Such efforts usually involve the integration of internally developed tools, open source solutions, and point solutions offered by independent software vendors, and/or components offered in the AWS, Microsoft Azure, or Google Cloud platforms. Frequently these efforts will be managed as professional service projects by organizations like Accenture or Lockheed Martin. These tend to be very costly and time-consuming software engineering projects, often fail, and, if at all successful, usually require many years to realize economic return. Most of our customers have tried and failed at one or more such bespoke development efforts, sometimes at great expense, before turning to C3 AI for their AI solution.
We are unaware of any end-to-end Enterprise AI development platforms that are directly competitive with the C3 AI Application Platform. The commercial product offerings that were formerly positioned as functionally equivalent to C3 AI were GE Predix and IBM Watson, both multibillion-dollar software engineering efforts backed by massive promotional campaigns; we do not encounter them in competitive situations.