Saffron Technology: Leveraging Big Data for Risk…
Clabby Analytics has been following the cognitive computing market for several years, including the activity from IBM with its Watson product line and other related solutions. However, I was recently contacted by Saffron Technology, a cognitive computing, big data and analytics company that got its start working with national security customers, and after reviewing their website, I was eager to hear more.
In a briefing with Gayle Shepard, chairman and CEO of Saffron Technology, I learned that the company has closed a $7 million Series B investment round which will be used to further accelerate business growth in commercial markets, including opening new global headquarters in Silicon Valley. I also found out more about their impressive “Natural Intelligence Platform” and how it is being used in several different industries and applications. Use cases are always my favorite part of any briefing because they really bring to light the value of cognitive computing solutions that extend from saving time and money to, in the case of Saffron Technologies, saving human lives.
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NOTE: This column was originally published in the Pund-IT Review.