Austin, TX (PRWEB) May 18, 2016
SparkCognition, the world's first Cognitive Security Analytics company, was awarded United States Patent (US 9,292,675), titled “System and Method for Creating a Core Cognitive Fingerprint”. This patent signifies a major advancement in machine learning methodology and is the 16th patent awarded to the company’s Founder and CEO, Amir Husain. This patent is awarded on the heels of SparkCognition’s recent $6 million major funding announcement by strategic investors Verizon Ventures and CME Ventures. Several industry accolades for innovation and leadership were also announced today.
“Austin is emerging as an innovation cluster for artificial intelligence and machine learning,” said Bob Metcalfe, Professor of Innovation at The University of Texas at Austin and recipient of the National Medal of Technology. “SparkCognition is a leader in Austin’s AI industry. The company continues to develop cutting edge machine learning technology for cyber security and the coming Internet of Things. SparkCognition continues to grow its business and has compiled an impressive list of customers and partners. This patent award is another major milestone in cognitive computing."
SparkCognition’s patent was awarded for a system and method for creating a core cognitive fingerprint, which can be used to analyze many types of data and rapidly capture patterns representing the evolution of a system state to potentially respond with remedial action. The company has developed cutting-edge machine learning technology that models physical and virtual assets, continuously learns from data, and derives intelligent insights to secure and protect assets round the clock.
“From day one, we set out with the goal of revolutionizing the safety, security and reliability of the Industrial Internet. This recent patent award is further validation that we are accomplishing our goal, and we will continue to press forward aggressively,” said Amir Husain, founder and CEO of SparkCognition. “We are building the future of machine learning for IoT and cyber security. Our team is driven to develop technology that makes a difference, and their focus and determination is producing great results.”
In addition to the recent patent award, SparkCognition received two Edison awards for its cyber security solutions. Being recognized with an Edison Award has become one of the highest accolades a company can receive in the name of innovation and business. The ballot of nominees for the Edison Awards™ was judged by a panel of more than 3,000 leading business executives including past award winners, academics and leaders in the fields of product development, design, engineering, science and medical.
“Our judges recognized SparkCognition as a true innovator out of the many products in its category,” said Frank Bonafilia, executive director of the Edison Awards.
SparkCognition’s technology is capable of harnessing real time infrastructure data and learning from it continuously, allowing for more accurate risk mitigation and prevention policies to intervene and avert disasters. The company’s cybersecurity-centered solution analyzes structured and unstructured data and natural language sources to identify potential attacks in the IoT environment. The uniqueness of the cognitive platform is resonated by the fact that it can continuously learn from data and derive automated insights to thwart any emerging issue.
Based on its work at the nexus of IoT, cyber security and AI, Frost and Sullivan recently recognized SparkCognition with its highly selective Excellence Through Technology Convergence Award. To achieve customer value excellence through technology convergence is never an easy task, but it is one made even more difficult due to today’s converging markets, competitive intensity, customer volatility, technology collaboration and economic uncertainty—not to mention the difficulty of innovating in an environment of escalating challenges to intellectual property.
“SparkCognition’s cognitive solutions and actionable insights into threat dynamics help companies act on warnings of impending failures, preventing unwarranted downtime,” said Mohena Srivastava, a leading analyst at Frost & Sullivan. “Bridging the gap between industry need and certified human capability, path breaking cognitive analytics by SparkCognition is poised to become the industry standard.”
SparkCognition, Inc. is the world's first Cognitive Security Analytics company based in Austin, Texas. The company is successfully building and deploying a Cognitive, data-driven Analytics platform for Clouds, Devices and the Internet of Things industrial and security markets by applying patent-pending algorithms that deliver out of-band, symptom-sensitive analytics, insights, and security. SparkCognition was named the 2015 Hottest Start Up in Austin by SXSW and the Greater Austin Chamber of Commerce, was the only US-based company to win Nokia’s 2015 Open Innovation Challenge, was a 2015 Gartner Cool Vendor, and is a 2016 Edison Award Winner. SparkCognition’s Founder and CEO, Amir Husain, is a highly awarded serial entrepreneur and prolific inventor with nearly 50 patents and applications to his name. Amir has been named the top technology entrepreneur by the Austin Business Journal, is the 2016 Austin Under 40 Award Winner for Technology and Science, and serves as an advisor to the IBM Watson Group and the University of Texas Computer Science Department. For more information on the company, its technology and team, please visit http://www.sparkcognition.com.
About the Edison Awards™
The Edison Awards is a program conducted by Edison Universe, a non-profit, 501(c)(3) organization dedicated to fostering future innovators. The Awards have been recognizing and honoring the best in innovations and innovators since 1987. They honor game-changing innovations that are at the forefront of new product and service development, marketing and human-centered design, and are one of the highest accolades a company can receive in the name of successful innovation. For more information about the Edison Awards complete program and a list of past winners, visit http://www.edisonawards.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.