LEWES, Del., Sept. 26, 2018 /PRNewswire-PRWeb/ — ParallelDots Inc., an Artificial Intelligence (AI) company, developing novel algorithms and high impact products for real-world problems, will now offer monthly prepaid subscriptions effective September 22, 2018. ParallelDots’ new subscription plan retains its industry-low rates of cloud-based NLP and Computer Vision APIs. The prepaid package starts with a free tier plan that allows developers and analysts to make an unlimited number of API calls forever with a daily limit of 2,000 calls.

We have heard – and we have listened to – our 15,000 plus strong ParallelDots Community and are very excited to announce our free tier plan aimed at early-stage startups, students and non-profits to start their Machine Learning project without any upfront costs. Growing startups and Enterprises can upgrade to paid tiers to power their real-time applications and integrate Machine Learning capabilities at scale. More details on the new pricing plan are available at https://www.paralleldots.com/pricing.

“We discovered over several months of research that our customers value a predictable monthly price above nearly everything else, so we came together to create a plan that delivers what most of our loyal customers want,” said Ankit Narayan Singh, Co-founder, and CTO at ParallelDots. “We are constantly innovating and investing significant resources to maintain competitiveness by building leading-edge, practical AI solutions. Our prepaid pricing plans will allow users to keep a check on their monthly bills while their products are in proof-of-concept stage – a persistent concern that we come across often.”

Current free subscribers will be automatically transitioned to the new, unlimited free plan while paid users will have an option to either continue with the old, Pay-As-You-Go pricing or subscribe to one of the paid plans.

Since its inception in 2014, ParallelDots has developed different AI driven solutions like Excel plugin and Custom Classifier to make it ever more easy for anyone to use AI. “We are going to keep investing in building vertical agnostic solutions, with industrial-grade accuracy and ease of use being the primary focus,” said Angam Parashar, Co-founder, and CEO of ParallelDots. Recently, ParallelDots announced $2 million in funding from Multipoint Capital LLC.

About ParallelDots, Inc.

ParallelDots, Inc. is a venture-funded artificial intelligence company developing novel algorithms and high impact products for real-world problems. ParallelDots’ growing team of 35 includes 20 data scientists and engineers.

SOURCE ParallelDots, Inc.