Austin, Texas (PRWEB) July 17, 2015
SparkCognition Inc., the world’s first cognitive safety & security analytics company, today officially announced that is has joined the Industrial Internet Consortium. Membership of the Industrial Internet Consortium will provide SparkCognition a platform to contribute to industry wide efforts to accelerate the use of cutting edge analytics, which elevate the massive amounts of data being collected, and translate them into actionable insights.
SparkCognition’s SparkPredict product is powered by patent pending Cognitive Algorithms. SparkPredict learns from sensor data and identifies impending failures before they occur, truly advancing the state-of-the-art for machine prognostics. SparkCognition’s Cognitive Algorithms empower machines with knowledge of their future, and have the potential to save machine operators billions of dollars in terms of downtime reduction, timely repair and maintenance, and optimal extraction of useful life.
SparkCognition’s SparkPredict Industrial IoT application is currently deployed with numerous Fortune 500 customers in the energy, manufacturing and transportation verticals. In addition, SparkCognition is the only Industrial IoT (Internet of Things) focused company currently in the IBM Watson ecosystem, and the first security company to leverage Watson. By bringing to bear Watson’s Deep Q&A (Question and Answer) capabilities, SparkPredict can augment its understanding of impending problems with context-sensitive remediation advice from Watson.
”We are pleased to welcome SparkCognition to the IIC,” said Dr. Richard Soley, Executive Director, Industrial Internet Consortium. “With their experience as an analytics organization, we look forward to their contribution in IIC Working Group activities and analytics-related testbeds.”
“We are excited to be joining the IIC. We already have partnerships in place with leading IIC members, including HP, IBM, and National Instruments, and are looking forward to collaborating closely with others to unlock the power of analytics, in driving business value,” said Usman Shuja, Head of Market Development at SparkCognition.
SparkCognition, Inc. is the world's first Cognitive Security Analytics company. Its groundbreaking MindFabric platform and Cognitive Fingerprinting technology model physical and virtual assets, continuously learn from data, and derive intelligent insights to secure and protect assets round the clock. SparkCognition is based in Austin, Texas and is backed by Michael Dell's private investment firm, MSD Capital, L.P., T. B. Pickens III, CEO of Astrotech, California-based venture firm, The Entrepreneurs' Fund (TEF) and Alameda Ventures.
The company has been named a Gartner Cool Vendor, has won numerous awards, including IBM's InnovateApp 2014, and has been featured in prominent publications including Forbes and Fast Company. CIO Review selected SparkCognition as one of the top companies enabling the safety and security of the Industrial Internet. For more information on the company, its technology and team, please visit http://www.sparkcognition.com.
About the Industrial Internet Consortium
The Industrial Internet Consortium (IIC) was founded in March 2014 to bring together the organizations and technologies necessary to accelerate growth of the Industrial Internet by identifying, assembling and promoting best practices. Membership includes small and large technology innovators, vertical market leaders, researchers, universities and governments.