HMX.ai Inaugurates Third Wave of Artificial Intelligence
Breakthrough platform combines human reasoning with machine learning for Explainable AI
BEDFORD, Mass., June 8, 2021 /PRNewswire-PRWeb/ -- Today, HMX.ai, formerly SmartCloud, Inc., announces that its breakthrough cognitive reasoning platform, CRex™, has achieved a milestone in solving one of the most difficult problems facing the artificial intelligence (AI) industry – explainability (XAI). Currently, artificial intelligence uses powerful algorithms buried within so-called "Black Boxes" to provide analytics and pattern detection but without explaining the "why?" behind their findings. Now, with CRex™, the rationale for AI recommendations is provided in a vernacular familiar to users, and this explainability empowers decision-makers with relevant knowledge to meet their business goals.
Says Kim Mayyasi, HMX.ai CEO, "AI's first wave during the 2000's captured human knowledge in expert systems but didn't learn; then in the 2010's, AI's second wave used machine learning but didn't explain. Now, in 2021, CRex™ combines the best of both approaches by unifying human reasoning with the tremendous power of machine learning in a trusted partnership."
Expert Knowledge + Machine Learning > Either Alone
Dr. Michael Barnett, EVP of Cognitive Engineering, adds, "It took 10 years of intense software development for HMX.ai to achieve this significant milestone. Today, we are proud to have CRex™ applications delivering on the promise of XAI across a variety of industries to augment decision-makers in such a user-friendly and effective way." Barnett continues, "CRex™ provides its explainability using goal-directed situational reasoning. The platform is low code for fast cloud-based deployments and includes a self-service workbench."
Says Renato Costa, Technical Director, COMPSIS, "We've been using CRex™ for three years in Brazil to identify tax fraud and the current release substantially improves the application's effectiveness and usability with XAI. It analyzes in real-time vendor invoices and behavior according to compliance situations identified by expert rules from tax auditors combined with advanced machine learning. The explainability of CRex™ significantly improves the efficiency of the audit process and translates into substantial increase in tax revenue."
Committed to democratizing AI, CRex™ enables enterprises to implement an AI roadmap for digital transformation by providing the power to design and administer multiple use cases through an easy-to-use portal with changes made "on-the-fly" in an intuitive graphical workbench.
Concludes Mayyasi, "The XAI capabilities of CRex™ are so significant that SmartCloud is relaunching it's 10-year-old company as HMX.ai to highlight its transformational and disruptive technology."
For more information go to https://www.HMX.ai
For direct inquiries: [email protected]
Media Contact
Kim Mayyasi, HMX, +1 (508) 308-3172, [email protected]
SOURCE HMX
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