Appen Limited (APPEF)
Appen Limited operates in the Information Technology Services industry of the Technology sector, headquartered in Chatswood, NSW, AU. The stock last traded at $1.00, up 0.00% on the session, giving a market capitalisation of $268.5M. On trailing twelve-month figures it carries a trailing P/E of -11.81, a net margin of -9.3%. Its beta of 1.78 implies it has historically moved more than the broad market.
Appen Limited, together with its affiliated companies, functions as an AI lifecycle provider, delivering crucial services for the creation and improvement of artificial intelligence systems. Its primary activities involve gathering and precisely annotating diverse types of data, such as images, textual content, spoken language, audio recordings, and video footage. The company manages its operations through two distinct divisions: Global Services and New Markets. Appen offers a comprehensive range of data sourcing solutions. These include collecting visual media, video, speech, and text data, as well as supplying pre-annotated datasets spanning audio, image, video, and text formats. It also develops specialized AI solutions focused on language processing. Furthermore, the company excels in data preparation services. This encompasses employing advanced, machine learning-driven tools for annotating various data types, including images, video, text, sensor data, and audio. Appen also provides an enterprise-grade platform for data annotation, which features intelligent labeling capabilities, streamlined workflows, integrated auditing tools, and powerful enterprise analytics. Support for knowledge graphs and ontology development is also part of its offerings. Founded in 1996, Appen Limited is based in Chatswood, Australia. It was previously recognized as Appen Holdings Pty Limited before officially adopting its current name in October 2014.
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