Although it doesn’t seem that long ago, much has changed in the last nine years. The word “selfie” was added to the dictionary. The world participated in the memorable “ice-bucket challenge.” The hoverboard was introduced. Also, SparkCognition evolved from an ambitious startup into a global company, achieving a unicorn valuation of over $1.4 billion.
With June 25 right around the corner, we are thrilled to celebrate our ninth birthday!
Since our inception in 2013, we have been dedicated to commercializing artificial intelligence to help companies predict future outcomes, optimize processes, and prevent cyberattacks. We are gratified by the many accomplishments we’ve achieved in a relatively short amount of time, but we owe everything to our loyal, talented partners and customers, who continue to value our advanced AI solutions.
8 awards in our 8th year
In SparkCognition’s eighth year, we were honored to receive a total of eight awards. To highlight a few, we were named to the 2022 CB Insights AI 100 list for the fifth time, recognized across multiple categories in Fast Company’s 2022 World Changing Ideas, and won numerous awards from Built In and Forbes that showcased our commitment to our employees.
We are extremely pleased to achieve these honors, and consider them a testament to our company’s dedication to deliver world-class AI solutions that allow organizations to solve their critical problems, empowering them to run a more sustainable, safer, and profitable business.
Expanding our AI-powered portfolio
As a company that values innovation, SparkCognition is constantly growing—and this certainly remained true in our eighth year.
In the last 12 months, we acquired four tech companies; a financial technology company that uses state-of-the-art AI products to transform its investment strategies; a leading provider of software solutions for the renewable energy industry; a leading visual AI company, and a company with advanced digital knowledge capabilities.
Procuring these companies gave us opportunities to expand our IP portfolio and develop new and improved AI-powered industry solutions. With our new visual AI capabilities, we introduced SparkCognition Visual AI Advisor, which leverages advanced computer vision technology to increase a business’ level of safety, security, visual inspection, productivity, and situational awareness by automating visual analytics and alerting managers when a violation is detected.
Similarly, we acquired IP in computational knowledge graph technologies, which provides subject companies the ability to construct AI-powered solutions that leverage the best of subject matter expertise combined with the power of machine learning to deliver insightful solutions critical to their business’ success.
Showcasing AI in the physical world: Time Machine Interactive 2022
As a company that champions experiential learning, we value our opportunity to teach and demonstrate the extensive capabilities of AI technologies to those who can benefit significantly from them.
This past April, SparkCognition hosted Time Machine Interactive: AI in the Physical World (TMI22) at HyperWerx, our 50-acre AI proving ground in Texas. TMI22 invited 400 executives across critical industries such as oil and gas, manufacturing, renewables, national security, and defense to experience AI-enabled physical systems. With the guidance of our company’s leaders, they examined innovative, actionable approaches to critical problems that could significantly improve organizations’ performance.
“You’ve got a really great facility out there [with] the technology, the planning, the diversity of customers, industries, and people attending,” said John Marinos, CEO of Trovon Group regarding his experience at TMI22.
We also had the pleasure of partnering with Texas Robotics at the University of Texas at Austin (UT Austin) to help cultivate the young minds of students who dedicate themselves to advancing AI in robotics and applying this knowledge to real-world business operations. HyperWerx is designed for everything from robotics to unmanned aerial vehicles (UAVs)—the perfect location for hands-on education and research in this field, and we are delighted to share it with future AI pioneers!
Cheers to another year!
We sincerely thank everyone who took part in making this year memorable. While we are proud of our accomplishments and experiences, we are even more proud of our employees who made it all happen. We look forward to what the future holds for us, our partners, and our customers. Thank you for celebrating SparkCognition’s 9th birthday with us. Cheers to many more!