Predictive analytics are becoming more
important as they are the most valuable analysis within big data as they
help predict what someone is likely to buy, visit, do or how someone
will behave in the (near) future. It uses a variety of different data
sets such as historical, transactional, social or customer profile data
to identify risks and opportunities. Recorded Future is a big data
startup, which was founded in 2009, that focuses solely on the art of
predictive analytics.
They have developed linguistic and
statistical algorithms that can extract information from temporal
signals on the web. They scan tens of thousands different websites
ranging from high-quality news publications, public niche sources,
government websites, blogs, financial databases etc to identify
references to entities, such as people, groups or locations, and events
in the future. The algorithms can detect different time periods when the
events will occur and deliver that information to the user, including
sentiment analysis on the topic.
They claim to unlock the
predictive power of the web with the world’s first temporal analytics
engine. They work for Fortune 500 companies, advances financial
institutions and government agencies from around the world. These
organisations use Recorded Future as a Software-as-a-Service or
developers can tap into the API that they have developed. This API gives
access to the index for analysis of online media flow that spans blogs
and Twitter to mainstream news to government filings all collected in
real time from public sources around the world.
Recorded Future is
headquartered in Cambridge, MA, an has offices in Göteborg, Sweden and
Arlington, VA. In 2009 it was founded by Erik Wistrand, Staffan Truvé and Christopher Ahlberg. Since then it has received over $ 20 million in funding from Google Ventures, IA Ventures, In-Q-Tel, Atlas Venture and Balderton Capital.
Recorded
Future takes a very interesting approach to big data and to give
organisations the predictive insights that help them make better
decisions. Co-founder Christopher Ahlberg was named among the World’s
Top 100 Young Innovators by MIT Technology Review and received the TR100
award in 2002. He also has been granted two software patents, and has
multiple patents pending.
Original article
Recorded Future
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment