Meltwater Participates in the Launch of AWS Data Exchange

Meltwater Participates in the Launch of AWS Data Exchange

 

SAN FRANCISCO (NOVEMBER 13, 2019)Meltwater, one of the world’s largest providers of news and social data, today announces it is a launch provider on AWS Data Exchange, a new service that makes it easy for millions of Amazon Web Services (AWS) customers to securely find, subscribe to, and use third-party data in the cloud.

“We’re delighted to welcome Meltwater in AWS Data Exchange,” said Stephen Orban, General Manager, AWS Data Exchange, Amazon Web Services, Inc. “With the market calling for more external data to compliment internal datasets, AWS Data Exchange customers can now leverage Meltwater’s data to enhanced visibility into the world around them, so that they can make better informed decisions.”

With AWS Data Exchange, customers from all industries can leverage Meltwater’s packaged data products to support multiple business processes. For example, investors can identify potential trading opportunities by tracking daily changes in media coverage and sentiment for companies, and rebalance portfolios based on shifting sentiment and business event patterns across different industry verticals. Media and Entertainment production teams can inform talent and programming decisions by tracking changes in daily media coverage and sentiment for TV streaming platforms and flagship shows, while making more informed sponsorship and advertising decisions by tracking coverage for different celebrities. Healthcare and Life Sciences organizations can track media coverage around key drug classes and market accordingly.

“Meltwater believes in the value of businesses using online data to make better informed decisions and become more competitive in their markets. Historically, we have provided PR and Communications departments with the insights they need to stay ahead, but with the launch of our derived data sets available in AWS Data Exchange, we bring this expertise to departments such as business intelligence, competitive intelligence, marketing, and legal, who can leverage this data and create insights to their advantage,” said Leor Distenfeld, Executive Director of Outside Insight at Meltwater.

Tim Barker, Head of Product for Fairhair.ai at Meltwater states, “we’re excited to be one of the first providers on AWS Data Exchange and we look forward to helping customers gain business insight from these new packaged data products, which combine the best of our content and AI capabilities. AWS Data Exchange complements the range of products and services we already deliver to over 32,000 customers and provides us with an exciting new path to rapidly develop and deploy packaged data products in response to market and individual customer requirements.”

Meltwater and AWS Data Exchange can help businesses across multiple industries to support their data-driven strategies through access to a new range of packaged data products. With over 500 million new documents being added daily, and enhanced NLP enrichments layered on top, these datasets will provide AWS Data Exchange customers with valuable data to help drive their business strategy.

About Meltwater
Meltwater, a pioneer of Media Intelligence and now Outside Insight, gives businesses the information advantage they need to stay ahead. More than 32,000 companies use Meltwater’s media intelligence to stay on top of billions of online conversations and extract relevant insights to strategically manage their brands. With nearly 20 years of experience analyzing data, Meltwater is dedicated to personal, global service built on the local expertise of 55 offices across six continents. Meltwater is also committed to fostering the data science ecosystem through MEST, a pan-African entrepreneurial program and incubator, and Shack15, a global data science community. Learn more at meltwater.com.a

Contact
dataproducts@meltwater.com

Meltwater Acquires Algo to Supercharge its Industry-Leading Media Intelligence Platform

Sixth deal from Meltwater in ongoing M&A spree adds Stanford and Carnegie Mellon data science focused Ph.D.s to team, building AI-driven competitive edge for companies leveraging insights from external data

 Hong Kong (August 30, 2017)Meltwater, a global leader in media intelligence, today announces the acquisition of Algo, a real-time data analytics platform powered by the most advanced machine learning techniques available. The acquisition further strengthens Meltwater’s powerful media analytics and insights platform by bringing on Algo’s patented Velocity of Information engine, which surfaces rising trends from tens of millions of real-time data points. The acquisition also brings Algo’s team of award-winning information Natural Language Processing and information retrieval experts in-house to oversee development of new products.

Founded in 2015 by Matt Michelsen, Aaron Rama and Evon Onusic, Algo leverages machine learning and natural language processing to democratize online semantic data that currently only the tech giants have the infrastructure to support. Its Information Velocity algorithm is the foundation for several patents. It processes one billion data points daily in real-time, determining which information is spreading fastest globally. The Algo app has been massively adopted, with over three million downloads.

“In this day and time we are all drowning in data. Meltwater’s goal is to give our clients access to smart technology that can cut through the clutter and extract critical insights from billions of data points – data points which would be impossible for a human being to make sense of,” said Jorn Lyseggen, CEO of Meltwater. “There is a vast amount of external data that companies today largely overlook containing real-time information about how competitors invest, how they hire, how they spend their ad budget, and how their products are received in the market. Anyone that is thoughtful about mining this information will create a powerful information advantage over their competitors.”

“We’re excited to marry Algo’s infrastructure with Meltwater’s current technology and become the global leader in media intelligence.” said Matt Michelsen, Investor and Co-Founder of Algo. “The opportunity to help grow an international organization committed to helping its customers gain an unprecedented level of analysis is exciting.”

The team behind Algo is composed of some of the best minds in data science. Adviser Eric Nyberg led development on IBM’s Watson. A PhD and pioneer in Natural Language Processing, Nyberg’s contributions of automatic text translation, information retrieval and automatic question answering have been fundamental to the industry. Nyberg currently leads the Language Technology Institute at Carnegie Mellon University. Rok Sosic, PhD, has also been instrumental in developing Algo, having created the first Linux Grid Cluster, considered the foundation of Grid Computing. Sosic has published 30 academic papers, holds several patents and founded Active Tools, which was acquired by TurboLinux. Matt Michelsen; investor in Palantir, Uber, and many others invested and Co-founded Algo in early 2015 with Rama and Onusic.

“Our platform ingests and analyzes data from 10’s of millions of sources, in over 80 languages –
in real time. Applying Algo’s information velocity engine on top of our existing streams will help us identify anomalies and predict trends in several micro and macro topics that are relevant to our customers,” said Aditya Jami, Senior Director of Engineering & Head of AI at Meltwater.

The acquisition of Algo comes off the heels of several key AI acquisitions for Meltwater, cementing the company’s commitment to developing industry-leading data science and machine learning technology. Meltwater recently acquired Hong Kong-based social big data SaaS solution Klarity. Earlier this year, it acquired Oxford University spinout, Wrapidity, to add AI media monitoring capabilities to Meltwater’s platform, followed by Cosmify, to boost analysis of large data sets. Last year, Meltwater acquired Encore Alerts, a US-based machine learning company.

Founded in 2001 by CEO Jorn Lyseggen with only $15,000, today Meltwater has more than 1,500 employees across 55 offices throughout six continents, and services 50 percent of Fortune 500 companies. Meltwater is actively seeking investment opportunities and partnerships to continue expanding its media intelligence services globally.

About Meltwater:

Meltwater helps companies make better, more informed decisions based on insights from the outside. More than 25,000 companies use the Meltwater media intelligence platform to stay on top of billions of online conversations, extract relevant insights, and use them to strategically manage their brand and stay ahead of their competition. With over 55 offices on six continents, Meltwater is dedicated to personal, global service built on local expertise. Meltwater also operates the Meltwater Entrepreneurial School of Technology (MEST), a nonprofit organization devoted to nurturing future generations of entrepreneurs. For more information, follow Meltwater on Twitter, Facebook, LinkedIn, YouTube, or visit www.meltwater.com/hk-en.

About Algo:

Algo is a tool that aids software developers by eliminating the manual process of data collection. Velocity of information method analyzes market reactions to ingest news and blogs in real time. It empowers the discovery of new opportunities by providing developers with the complete knowledge. It provides easy to use JSON API’s to interact with their platform. Leverages of the Algo ecosystem are search APIs, news on mobile or site, and content marketing. It can be downloaded through iOS and Android mobile application versions. Algo was founded in 2015 by Matt Michelsen, Aaron Rama and Evon Onusic.

Meltwater Acquires Cosmify to Bolster Its Data Analytics Offerings and Machine Learning Engine

The fifth deal in Meltwater’s ongoing M&A streak adds machine-learning, data-science experts to in-house machine learning team

HONG KONG  August 15, 2017Meltwater, a global leader in media intelligence and data analytics, announced the acquisition of Cosmify, a knowledge discovery platform that uses advanced machine learning technology for in-depth analysis of corporate data sets. Cosmify’s technology will help Meltwater’s industry-leading platform intelligently manage the vast amounts of data from multiple sources that businesses need to make competitive decisions based on insights from the outside.

With its fifth acquisition in less than nine months, Meltwater is quickly building on its impressive data science engine aimed at offering the most innovative and dynamic media intelligence platform in the world. With 55 offices throughout six continents, Meltwater employs more than 1,500 employees and 50 percent of Fortune 500 companies use its services to shape business decisions.

“The best business decisions are based on forward-looking data. Today external data on the open internet is one of the most important sources for forward-looking information,” says Jorn Lyseggen, CEO and founder of Meltwater. “Cosmify’s advanced discovery, clustering, and classification capabilities will enhance Meltwater’s ability to connect the dots between a wide range of data types from internal and external data and ultimately help business leaders make more informed decisions.”

Cosmify founder Eugene Ciurana and chairman Bart Swanson launched their first machine learning company, Summly, with 16-year old founder and Oxford student Nick D’Aloisio, and sold it to Yahoo for $30 million in  2013. In 2014, the team, with co-founders Dr. Ana Nelson, Connor Goodwolf, and Sriram Krishnan, launched Cosmify. Bart Swanson of Horizons Ventures, MuleSoft founder Ross Mason, and CA Technologies VP of Engineering Leonid Igolnik are part of the advisory board.

Now, after selling two companies in four years, the team is joining Meltwater’s push to build the largest AI-driven data repository in the world, giving companies a competitive edge by allowing them to leverage insights from external data when making business decisions.

“95% of all data is unstructured and unwieldy, but it also contains a vast trove of unexploited value,” says Eugene Ciurana, CEO and Founder of Cosmify.  “Our unsupervised learning system extracts knowledge from internal and external, unstructured data sources like PDFs, free-text, spreadsheets, media files, presentations, cloud drives, calendars, or chat systems – most often hitting on valuable information nuggets that eluded the very users who produced them.”

“Cosmify’s knowledge discovery engine analyzes customers’ very large and dynamic data lakes to produce vectorized information, and when fed into our existing Data Science platform, automates generation of highly customized outside insights – all without having to import their internal data into our systems,” says Aditya Jami, Senior Director of Engineering & Head of AI at Meltwater.

The acquisition of Cosmify comes on the heels of several key acquisitions for Meltwater that have broadened its global footprint and cemented the company’s commitment to data science and machine learning. Meltwater recently announced its plans to acquire Canada’s Infomart, followed closely by Hong Kong-based social big data SaaS solution Klarity. Earlier this year, it acquired Oxford University spinout, Wrapidity, to add AI-based crawling to Meltwater’s platform and last year, Meltwater acquired Encore Alerts, a US-based data science driven media monitoring company.

Meltwater is actively seeking investment opportunities and partnerships to continue expanding its media intelligence services globally, with a strong emphasis on data science.

 

For Media Inquiries:

Janniefer Chan

+852 5808 8815

janniefer.chan@meltwater.com

About Meltwater

Meltwater helps companies make better, more informed decisions based on insights from the outside. More than 25,000 companies use the Meltwater media intelligence platform to stay on top of billions of online conversations, extract relevant insights, and use them to strategically manage their brand and stay ahead of their competition. With over 55 offices on six continents, Meltwater is dedicated to personal, global service built on local expertise. Meltwater also operates the Meltwater Entrepreneurial School of Technology (MEST), a nonprofit organization devoted to nurturing future generations of entrepreneurs. For more information, follow Meltwater on Twitter, Facebook, LinkedIn, YouTube, or visit www.meltwater.com.

About Cosmify

Cosmify, Inc is a machine learning platform for your most critical knowledge management problems. Cosmify empowers better decision making in organizations so organizations don’t have to employ data shamans. The solution is designed to solve complex problems. Cosmify, Inc was founded by Eugene Ciurana, Ana Nelson, Connor Goodwolf, and Sriram Krishnan.