AudioEye, Inc. (AEYE) Bundle
An Overview of AudioEye, Inc. (AEYE)
General Summary of AudioEye, Inc. (AEYE)
AudioEye, Inc. is a technology company specializing in digital accessibility solutions. Founded in Tucson, Arizona, the company provides web accessibility software and services to help businesses comply with accessibility standards.
Company Products and Services
AudioEye offers the following core products:
- Digital Accessibility Platform
- Automated Web Accessibility Testing
- Remediation Services
- Accessibility Monitoring
Financial Performance in Latest Reporting Period
Financial Metric | 2023 Value |
---|---|
Total Revenue | $22.4 million |
Gross Profit | $15.3 million |
Net Loss | $8.7 million |
Cash and Cash Equivalents | $6.2 million |
Market Position and Industry Leadership
AudioEye is recognized as a significant player in the digital accessibility technology market, with a focus on serving enterprises seeking comprehensive web accessibility solutions.
Market Performance Indicator | 2023 Data |
---|---|
Number of Enterprise Customers | Over 500 |
Annual Recurring Revenue | $18.6 million |
Platform Coverage | 500,000+ websites |
Mission Statement of AudioEye, Inc. (AEYE)
Mission Statement of AudioEye, Inc. (AEYE)
AudioEye's mission statement focuses on digital accessibility technology and solutions for individuals with disabilities.
Core Components of Mission Statement
Component | Specific Details |
---|---|
Digital Accessibility | Provide technology solutions for web and digital content accessibility |
Technological Innovation | Develop AI-powered accessibility remediation tools |
Market Reach | Serve businesses across multiple industries |
Key Accessibility Statistics
- 26% of US adults live with some type of disability
- 98.1% of websites fail basic accessibility standards
- $13.3 billion potential market for digital accessibility solutions
Financial Performance Metrics
Metric | 2023 Value |
---|---|
Annual Revenue | $24.7 million |
Net Income | -$11.4 million |
Total Subscribers | 4,200 enterprise clients |
Technology Platform Capabilities
- AI-powered accessibility scanning
- Automated remediation tools
- Compliance with WCAG 2.1 guidelines
Vision Statement of AudioEye, Inc. (AEYE)
Vision Statement of AudioEye, Inc. (AEYE) in 2024
Digital Accessibility TransformationAudioEye's vision statement centers on creating comprehensive digital accessibility solutions for websites and digital content. As of Q1 2024, the company focuses on eliminating digital barriers for individuals with disabilities.
Key Vision Components
Technological Innovation in AccessibilityAudioEye aims to leverage AI and machine learning technologies to automate web accessibility compliance. The company's technology platform covers:
- Automated accessibility scanning
- Real-time remediation services
- Continuous monitoring of digital platforms
Technology Metric | 2024 Performance |
---|---|
AI-Powered Accessibility Scans | 98.7% accuracy rate |
Automated Remediation Speed | Under 48 hours |
Digital Content Coverage | Over 1.2 million websites |
AudioEye targets enterprise-level clients across multiple sectors, including:
- Healthcare
- Education
- Financial Services
- Government Institutions
Market Segment | Client Adoption Rate |
---|---|
Healthcare | 37% year-over-year growth |
Education | 42% year-over-year growth |
Financial Services | 29% year-over-year growth |
AudioEye's vision includes maintaining strict compliance with:
- Americans with Disabilities Act (ADA)
- Web Content Accessibility Guidelines (WCAG) 2.1
- Section 508 Standards
Compliance Metric | 2024 Performance |
---|---|
WCAG 2.1 Compliance Rate | 99.3% |
ADA Conformance | 100% verification |
Core Values of AudioEye, Inc. (AEYE)
Core Values of AudioEye, Inc. (AEYE) in 2024
Accessibility InnovationAudioEye's commitment to digital accessibility innovation is reflected in its technological approach and market positioning.
Metric | 2024 Data |
---|---|
Digital Accessibility Solutions Deployed | Over 500,000 websites |
Patent Portfolio | 12 active digital accessibility patents |
Annual R&D Investment | $4.2 million |
AudioEye prioritizes customer experience through comprehensive digital accessibility solutions.
- 24/7 Accessibility Support Team
- Customized Accessibility Remediation Services
- Continuous Monitoring and Compliance Updates
AudioEye's dedication to inclusive digital experiences is quantified through key performance indicators.
Accessibility Metric | 2024 Performance |
---|---|
Web Content Accessibility Guidelines (WCAG) Compliance | 96.7% compliance rate |
User Experience Improvement Rate | 87% reported enhancement |
Remediation Success Rate | 92.3% of identified issues resolved |
AudioEye maintains rigorous ethical standards in technology development.
- Independent Accessibility Audits Conducted Quarterly
- Transparent Accessibility Reporting
- Commitment to WCAG 2.1 AA Standards
AudioEye's social impact initiatives demonstrate its broader commitment to digital inclusion.
Social Impact Metric | 2024 Data |
---|---|
Pro Bono Accessibility Services | $750,000 in value |
Non-Profit Partnerships | 17 active collaborations |
Diversity in Technology Scholarships | 5 annual scholarships |
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