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400 Continental Blvd., 6th Floor

El Segundo, CA 90245 USA

email: info@nextradegroupllc.com

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NEXTRADE AI

Despite tremendous advances in social sciences in the past decades, the patterns of international trade and economic development are often elusive. Economic development is a challenging optimization game, with governments and corporations advocating various policy mixes believed to generate a desirable economic outcome.  

 

Nextrade has opened a new line of business that uses artificial intelligence and machine learning to understand the drivers and effects of complex economic phenomena that have long eluded even the best of economists, at subnational and national levels, and to optimize solutions to even the most intractable economic problems.

Among our first AI pilots, in 2018 we have worked with leading ecommerce platform to understand geospatial dynamics in ecommerce and trade development. 

We have competed in the IBM Watson AI Prize hosted at the XPrize Foundation, with work to leverage geolocational data and machine learning to forecast economic growth and reduce in-country disparities, making it in October 2017 to the 2nd round, with 59 other companies from the field of 147.

See also our Digital Data Lab