Market Overview

Numenta to Present Grok, a Solution for Fast Data, as one of the Big Ideas at the GigaOM Structure:Data Conference on March 20, 2013

REDWOOD CITY, Calif.--(BUSINESS WIRE)--

Numenta, a breakthrough machine intelligence company, today announced it has been selected as one of the four Big Ideas companies to be featured at the GigaOM Structure:Data conference March 20-21 in New York City. Numenta CEO Rami Branitzky will give an on-stage introduction of Grok, the company's first product, on March 20 at 5:20 p.m.

Grok brings together Numenta's trailblazing R&D in biologically inspired machine intelligence software with a highly scalable infrastructure for acting on fast data. The Grok platform ingests data streams and creates actionable predictions in real time. Grok's automated modeling and continuous learning capability makes it uniquely suited for fast data.

“Machine generated streaming data is exploding. It has a short half-life and is constantly changing,” said Branitzky. “To date, the focus in the area of Big Data has been on machines to store and process data, with a short supply of data scientists to analyze and act on it. To best leverage fast data, we believe you must have systems that model and learn from data automatically and use the results to drive automated actions. That's what Grok was designed to do.”

The GigaOM editorial team hand picked four companies and speakers who embody great ideas that are shaping our industry for the Big Ideas session, and our editors are excited to have Numenta as one,” said Surj Patel, GigaOM's Vice President for Events.

Grok solutions currently are in private beta with customers in a variety of vertical markets, including electric energy, IT management, online advertising and finance. Numenta recently announced EnerNOC, Inc., a leading provider of energy management applications, as one of its first customers - entering a partnership that couples Numenta's Grok streaming analytics solution with EnerNOC's cloud-based software to create opportunities for demand response and increased ability to detect energy efficiency faults and anomalies.

You can find more info about Numenta and Grok at http://www.Numenta.com.

To meet with Numenta at Structure:Data click here.

Follow us on Twitter at: @numenta

About GigaOM Structure:Data

Structure:Data 2013 will explore the technical and business opportunities created by the rapid growth of big data. Many of the industry's brightest minds will converge to reveal how they are making the most of the data revolution. Discounted supersaver tickets are available through February 22.

About Numenta

Numenta's mission is to build solutions that help companies automatically and intelligently act on the world's data. Numenta's biologically inspired machine learning technology was first described in Numenta's co-founder Jeff Hawkin's book, On Intelligence.

Numenta's Grok platform, based on this technology, ingests data streams and creates actionable predictions in real time. Grok's automated modeling and continuous learning capability makes it uniquely suited to drive intelligent action from fast data.

Grok solutions are available directly from Numenta and Numenta partners in a variety of vertical markets, including electric energy, IT management, online advertising and finance. For more information on Numenta and Grok go to www.numenta.com.

Krause Taylor Associates for Numenta
Betty Taylor, 408-981-7551
bettyt@krause-taylor.com

 

Around the Web, We're Loving...

Get Benzinga's Newsletters