Vienna, Austria (PRWEB) May 30, 2017 -- Cortical.io, an innovator in Natural Language Understanding (NLU), announces that it has been included in the list of "Cool Vendors" in the 2017 Artificial Intelligence (AI) Core Technologies report by Gartner, Inc.
“Since our foundation in 2011, we have been following a neuroscience-rooted approach to the processing of big text data that profoundly differs from mainstream methods,” comments Francisco Webber, co-founder and General Manager of Cortical.io. “We believe the inclusion of Cortical.io in the Cool Vendors report by Gartner highlights the disruptive potential of our technology in a market puzzled as to how huge volumes of unstructured text data can be efficiently processed. The uniqueness of our model is confirmed by customers from areas as diverse as financial services, information technology and the automotive industry, all who have found in Cortical.io a technology that solves previously baffling semantic use cases in an elegant and efficient manner.”
The Gartner May 2017 Cool Vendor report for AI core technologies evaluates a selection of small market players with disruptive potential in five AI core fields: image processing, Natural Language Processing, search in speech, computer vision and machine learning. The report aims at helping data and analytics leaders, together with their business counterparts, conduct early AI experimentations for quick, opportunistic wins. The selected technologies enable business innovators to stay ahead of competition.
Cortical.io offers NLU solutions based on Semantic Folding, a theory that opens a fundamentally new perspective on the handling of big text data. Inspired by the latest findings on how the brain processes information, Cortical.io’s Retina Engine converts language into semantic fingerprints, numerical representations that capture meaning explicitly, and carries out computational operations on that meaning. The uniqueness of Cortical.io’s algorithm makes it possible to solve many open NLU challenges, like meaning-based filtering of terabytes of unstructured text data, real-time topic detection in social media and semantic searching through millions of documents across multiple languages. Cortical.io was founded in 2011 in Vienna, Austria and holds a broad general license for Numenta’s Hierarchical Temporal Memory technology. Information about Cortical.io is available at http://www.cortical.io.
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Marie-Pierre Garnier, Cortical.io, http://cortical.io, +43 6642639225, [email protected]