Numenta to Present Grok, a Solution for Fast Data, as one of the Big Ideas at the GigaOM Structure:Data Conference on March 20, 2013

Numenta • Press Release

NOTE: Numenta has announced a strategic partnership with Avik
Partners
,
please read more about the future of
Grok for IT Analytics.

Numenta, a breakthrough machine intelligence company, today announced it has
been selected as one of the four Big Ideas companies to be featured at the
GigaOM Structure:Data conference March 20-21 in New York City. Numenta CEO Rami Branitzky will give
an on-stage introduction of Grok, the company’s first product, on March 20
at 5:20 p.m.

Grok brings together Numenta’s trailblazing R&D in
biologically inspired machine intelligence software with a highly scalable
infrastructure for acting on fast data. The Grok platform ingests data streams
and creates actionable predictions in real time. Grok’s automated modeling and
continuous learning capability makes it uniquely suited for fast data.

"Machine generated streaming data is exploding. It has a short half-life and is
constantly changing," said Branitzky. "To date, the focus in the area of Big
Data has been on machines to store and process data, with a short supply of data
scientists to analyze and act on it. To best leverage fast data, we believe you
must have systems that model and learn from data automatically and use the
results to drive automated actions. That’s what Grok was designed to do."

"The GigaOM editorial team hand picked four companies and speakers who embody
great ideas that are shaping our industry for the Big Ideas session, and our
editors are excited to have
Numenta
as one," said Surj Patel, GigaOM’s Vice President for Events.

Grok solutions currently are in private beta with customers in a variety of
vertical markets, including electric energy, IT management, online advertising
and finance. Numenta recently announced EnerNOC, Inc., a leading provider of
energy management applications, as one of its first customers – entering a
partnership that couples Numenta’s Grok streaming analytics solution with
EnerNOC’s cloud-based software to create opportunities for demand response and
increased ability to detect energy efficiency faults and anomalies.

About GigaOM Structure:Data

Structure:Data 2013 will explore the technical and business opportunities
created by the rapid growth of big data. Many of the industry’s brightest minds
will converge to reveal how they are making the most of the data revolution.
Discounted supersaver tickets are available through February 22.

About Numenta

Numenta’s mission is to build solutions that help companies automatically and
intelligently act on the world’s data. Numenta’s biologically inspired machine
learning technology was first described in Numenta’s co-founder Jeff Hawkin’s
book, On Intelligence.

Numenta’s Grok platform, based on this technology, ingests data streams and
creates actionable predictions in real time. Grok’s automated modeling and
continuous learning capability makes it uniquely suited to drive intelligent
action from fast data.

Grok solutions are available directly from Numenta and Numenta partners in a
variety of vertical markets, including electric energy, IT management, online
advertising and finance. For more information on Numenta and Grok go
to https://numenta.com.

Numenta Media Contact:
Krause Taylor Associates,
Betty Taylor:
bettyt@krause-taylor.com
408-981-7551

Connect with Numenta:
Twitter,
Facebook,
YouTube and
LinkedIn

Numenta • Press Release

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