SparkCognition Receives 2023 Frost & Sullivan Company of the Year Award for Its AI Solutions

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AUSTIN, Texas, [June 29, 2023] – SparkCognition, a global leader in artificial intelligence (AI) software solutions perfected for business, today announced that it has been awarded the Frost & Sullivan’s 2023 Best Practices Company of the Year Award for industrial AI solutions. The award recognizes the significant impact SparkCognition has had on the industry through continuous innovation, business transformation, and financial performance.

The Frost & Sullivan report highlights the company’s visionary understanding of the marketplace and ability to deliver new products, solutions, and services to meet market demands. Furthermore, the award identifies SparkCognition as a pioneer in the industries it serves. 

“Based on our extensive research and assessment of the marketplace, SparkCognition has demonstrated unparalleled leadership and success in the industrial AI solutions space,” said Sebastián Trolli, Industrial Technologies Sr. Industry Analyst at Frost & Sullivan. “SparkCognition is uniquely positioned to enhance organizational and operational processes of businesses worldwide with their patented AI technology, diverse AI-powered solutions, and deep subject matter expertise.”

SparkCognition’s extensive IP and patent portfolio includes over 200 AI assets across machine learning, natural language processing, computer vision, and generative AI. Building on its diversity and breadth of technology in its platform, the company has consistently elevated and upgraded its solutions to meet the evolving needs of its customers, including its latest announcement regarding generative AI for industrial platforms.

Featured offerings include:

  1. Oil & Gas Maintenance Advisor – an anomaly detection and predictive maintenance solution for upstream, midstream, and downstream O&G operators to increase production output, reduce operating costs, and detect and mitigate anomalies faster
  2. Renewable Suite – a comprehensive asset performance management solution for renewable energy operators to increase energy production, decrease maintenance costs, enhance safety, and maximize operational efficiency
  3. Visual AI Advisor – a scalable, secure, predictive, and proactive computer vision solution that taps into an existing camera infrastructure that generates real-time insights to prevent accidents, strengthen security, save costs, and boost productivity 

 

“Our next-generation technology and AI-enabled solutions help businesses quickly capitalize on their data with actionable insights, delivering exceptional outcomes from asset performance to productivity and worker safety to financial performance,” said Stephen Gold, Chief Marketing Officer at SparkCognition. “We’re honored to receive the distinguished Frost & Sullivan Company of the Year Award recognizing our innovative AI solutions and forward-thinking leadership.”

About Frost & Sullivan

Frost & Sullivan is the Growth Pipeline CompanyTM. We power our clients to a future shaped by growth. Our Growth Pipeline as a ServiceTM provides the CEO and the CEO’s growth team with a continuous and rigorous platform of growth opportunities, ensuring long-term success. To achieve positive outcomes, our team leverages over 60 years of experience, coaching organizations of all types and sizes across 6 continents with our proven best practices. To power your Growth Pipeline future, visit Frost & Sullivan at http://www.frost.com

About SparkCognition

SparkCognition’s award-winning AI solutions allow organizations to predict future outcomes, prescribe next best actions, and help ensure worker safety. We partner with the world’s industry leaders to analyze, optimize, and learn from all types of data, augment human intelligence, drive profitable growth, and achieve operational excellence. Our patented AI technologies including machine learning, deep neural networks, natural language processing, and computer vision lead the industry in innovation and accelerate digital transformation. Our solutions allow organizations to solve critical problems—prevent unexpected downtime, maximize asset performance, deliver net-zero initiatives, and eliminate accidents, all while avoiding zero-day “cyberattacks. To learn more about how SparkCognition’s AI solutions can unlock the power in your data, visit www.sparkcognition.com.

Contact
Cody Sibulo
Communications Manager
csibulo@sparkcognition.com

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