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September 2015 Newsletter: Partnership between Numenta and Avik Partners on Grok for IT Analytics

Donna DubinskyDonna DubinskyCEO
September 2015 Newsletter: Partnership between Numenta and Avik Partners on Grok for IT Analytics

Numenta Newsletter - Sep 01, 2015

Dear Numenta newsletter subscriber: I am excited to tell you about a new partnership between Numenta and Avik Partners, an IT services and advanced analytics company.

Before I tell you more about Avik, I want to remind you of our strategy for deploying HTM technology. Over the past few years we have made excellent progress in turning HTM cortical theory into a valuable technology, first for streaming analytics, but ultimately as a core component of machine intelligence. In order to demonstrate how HTM technology can be used, we created several example applications. Our plan is to partner with applications developers to bring commercial solutions to the market while we focus on developing the science and technology. Earlier this year we announced our first such relationship with Cortical.io, a company using HTM technology for natural language applications.

Avik Partners is our second commercial partnership. Casey Kindiger, CEO of Avik, is a proven entrepreneur with deep experience in IT and developer operations. Casey became intrigued with our Grok for IT Analytics example application, recognizing the substantial commercial potential for our advanced anomaly detection capability in the IT environment, and approached us about a license.

Our relationship with Avik is structured as a strategic partnership. Avik will assume our Grok for IT product (including the name Grok), enhance the application with the many features that have been requested, and market it to enterprise IT organizations. Avik will be doing business on the http://grokstream.com website, where you can sign up to receive information when the product is available. We expect to complete the transition of the Grok for IT Analytics product to Avik within 30 days. As part of the license, Numenta has taken a minority ownership position in Avik.

We believe that Avik is an ideal partner to apply HTM technology to solve major problems in complex IT organizations. Given the breadth of potential HTM applications, we are excited about our discussions with several other potential licensees who want to apply HTM technology to a wide variety of application domains. Over time, we hope to establish a constellation of partners building intelligent applications using HTM technology.

In order to facilitate consideration of a license, we have created several standard license options. We realize that these standard licenses won’t fit every situation, so we also offer custom licenses. We have just published a new license guide with details. If you are interested in becoming a licensee, please review this document, and feel free to write to us at sales@numenta.com.

Please join me in congratulating Casey and Avik Partners. We look forward to working together to bring machine intelligence to improve management of IT infrastructure.

Donna DubinskyDonna DubinskyCEO