PRESSEMELDING: San Fransisco, 15.august 2017

Cosmify er Meltwaters femte oppkjøp innen maskinlæring. Oppkjøpet betyr at Cosmifys ansatte, som er eksperter på dataanalyse vil fusjonere med Meltwaters team med tilsvarende ferdigheter.

Meltwater kunngjorde i går oppkjøpet av selskapet Cosmify. Cosmify plattformen leverer dataanalyse ved hjelp av avansert maskinlæring. Denne teknologien vil hjelpe Meltwater med sin visjon om å hjelpe kunder med å ta gode beslutninger basert på innsikt. Vi kaller det: “Outside Insight”

Dette er det femte oppkjøpet på mindre enn ni måneder. Meltwater utvikler sin programvare for å styrke sin posisjon innen maskinlæring.

«De beste beslutningene tas ved å samle inn eksterne data. I dag er åpen data fra nettet en av de viktigste kildene for å forstå hva som vil skje i fremtiden» sier Jørn Lyseggen som er administrerende direktør og grunnlegger av Meltwater. «Cosmifys avanserte teknologi vil bidra til at Meltwaters kunder tar informerte beslutninger, og legger de beste strategiene» fortsetter Jørn Lyseggen.

Cosmifys grunnlegger Eugene Ciurana og styreleder Bart Swanson lanserte sitt første selskap i maskinlæring, sammen med en 16 år gammel Oxford student som heter Nick D’Aloisio. De solgte selskapet til Yahoo for 30 millioner dollar i 2013. I 2014 lanserte de Cosmify med Dr. Ana Nelson, Connor God Wolf og Sriram Krishnan. Etter å ha solgt de to selskapene, vil de nå bli en del av Meltwaters avdeling for kunstig intelligens.

«95% av all online data er ustrukturert, men dersom en gjør den om til meningsfull informasjon, vil dataen ha enorm verdi” sier Eugene Ciurana, administrerende direktør og grunnlegger av Cosmify. «Cosmifys maskinlæring kan tolke innhold i PDF-filer, mediefiler, regneark, skytjenester, kalendere for å nevne noe» fortsetter Eugene Ciurana.

Kontaktperson:
Linda Ørestrand
Markedssjef, Norge
Tlf.: 95839217
linda.orestrand@meltwater.com


ORGINAL PRESSEMELDING FRA VÅRT HOVEDKONTOR I SAN FRANCISCO

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.

SAN FRANCISCO, Calif – August 15, 2017 – Meltwater, 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.

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.

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.

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