C3.ai, Inc. (NYSE: AI)

C3 AI is an enterprise AI application software company that provides a fully integrated platform and suite of industry specific AI applications to enable digital transformation. Its offerings allow customers to rapidly design, deploy and operate AI solutions on public clouds, private clouds or on premise infrastructure.

The company generates revenue primarily from software subscriptions and professional services. Subscription revenue includes software licenses, software as a service offerings, stand ready center of excellence support services, initial production deployments and runtime and hosting fees. Customers also pay consumption based fees measured in vCPU and vGPU hours or enter into time certain multi period commitments that may include consumption charges. Professional services consist of prioritized engineering, paid implementation, consulting and training that help customers develop and deploy enterprise scale AI applications.

The company operates through the following segments:

• C3 Agentic AI Platform: This segment provides an end to end platform as a service for developing, deploying and operating enterprise AI applications using a model driven architecture.

• C3 AI Applications: This segment offers a portfolio of pre built, extensible, industry specific SaaS enterprise AI applications that address high value use cases across sectors such as manufacturing, energy, defense and healthcare.

• C3 Generative AI: This segment delivers agentic AI applications that retrieve data, analyze information, surface insights and orchestrate workflows using large language models and the C3 Agentic AI Platform.

C3 AI holds a leading position in the enterprise AI market due to its patented model driven architecture that reduces development complexity and enables rapid deployment of AI applications at scale. The company’s competitive advantages include a broad patent portfolio, seamless multi cloud deployment, and strategic alliances with major cloud providers such as Microsoft Azure, Amazon Web Services and Google Cloud. Its main competitors are internal IT efforts to build custom AI platforms, commercial enterprise software vendors, open source providers, cloud vendors offering discrete AI tools, system integrators and legacy data management firms.

C3 AI serves a diverse customer base that includes large global corporations and government agencies across industries such as oil and gas, manufacturing, financial services, healthcare, utilities and state and local government. Key customers include LyondellBasell, Shell, ExxonMobil, Petronas, ENI, Aramco, Yokogawa, Braskem, the U. S. Department of Defense, the Missile Defense Agency, Georgia Pacific, Roche, San Mateo County Sheriff's Office, Con Edison and the U. S. Air Force.