Coss founded Pondera Solutions in 2011 with the singular focus of leveraging Google’s massive computing power and advanced analytics to combat fraud, waste, and abuse in governments.
Sacramento, California (PRWEB) November 13, 2014
The Sacramento Regional Technology Alliance (SARTA) awarded Pondera Solutions Chief Executive Officer, Jon Coss, as the organization’s “Next Tech Innovator of the Year” at its annual TechCon Sacramento held at the Sacramento Convention Center. The purpose of the award is to recognize and celebrate an outstanding individual in the Sacramento region for the creativity, novelty, application, importance, commercialization, and effectiveness of their innovation in Next Technology. Pondera Solutions‘ development of Fraud Detection as a Service (FDaaS®) and the rapid pace at which the company has brought the solution to market were key factors in SARTA’s decision.
“Jon Coss has built the company into a powerhouse provider of innovative fraud detection services and software throughout the nation,” said Kirk Uhler, Chief Executive Officer of SARTA. “The company’s products have helped shine a light on Sacramento’s growing and innovative next technology industry.”
Pondera Solution’s FDaaS is a trademarked Google-powered cloud-based analytics solution that analyzes claims and program participants, quickly sifting through massive data sets to identify and alert agencies to problems that require follow up investigation. FDaaS is available to various government programs to prevent fraud in Medicaid, Unemployment Insurance, Supplemental Nutrition Assistance Program, Women, Infants, & Children, and Disabled Parking Permits.
In the past year, FDaaS was deployed with much fanfare by Iowa Workforce Development to combat unemployment insurance fraud within the State and was recently selected by the California Employment Development Department to similarly bolster the Department’s fraud detection service.
“This award is validation of the hard work each and every member of the Pondera Solutions team has contributed towards creating a winning product,” said Coss. “I am honored to accept this award from SARTA and can say that we are constantly updating and innovating our products to ensure that we continue to provide industry leading services.”
Coss founded Pondera Solutions in 2011 with the singular focus of leveraging Google’s massive computing power and advanced analytics to combat fraud, waste, and abuse in governments. Coss has more than 20 years experience designing, developing, and marketing information technology solutions for government agencies. Coss received his M.B.A from the New York University Stern School of Business and earned a B.A from the University of North Carolina at Chapel Hill.
About Pondera Solutions:
Pondera Solutions, a product and services firm focused on implementing Google solutions in government agencies, delivers a comprehensive Fraud Detection as a Service (FDaaS) solution based on Google’s state-of-the-art tools. FDaaS analyzes incoming claims using Google’s predictive modeling, data mining and matching, geospatial and search engine technologies to investigate and help prevent potential fraud before it occurs.
SARTA is the leading organization fueling the growth of technology companies in the Sacramento region. Established as a 501(c)(3) non-profit in 2001, SARTA is accelerating the development of the technology sector in the nine-county Sacramento region by linking technology leaders, entrepreneurs, investors, service providers, community organizations and educational institutions. Our mission is achieved through ongoing efforts to celebrate, build, inform and champion the region’s technology sector. For more information, visit Sarta.org