MENLO PARK, Calif.--(BUSINESS WIRE)--Ayasdi, the leader in machine intelligence software, announced that it has been selected as a 2015 Technology Pioneer by the World Economic Forum. This prestigious and highly selective award recognizes companies from around the world who have developed innovative technologies and solutions that have the capacity to materially impact the future of business and society.
This award highlights Ayasdi’s commitment to improving the human condition by enabling enterprises and governments to extract knowledge and insight from even the most complex datasets. Within these increasingly complex datasets lie the answers to disease, climate change, healthcare reform and customer understanding. Leveraging a decade of research by Stanford computational mathematicians, Ayasdi has developed a framework called Topological Data Analysis that automatically combines machine learning algorithms to find patterns and insights that reveals the answers to these pressing problems.
Ayasdi was chosen by a professional jury among hundreds of candidates as one of the 49 selected companies. Thanks to its selection, it will have access to the most influential and sought-after business and political network in the world, and be invited to the World Economic Forum’s “Summer Davos” in Dalian, China, this September, or the Annual Meeting in Davos in January.
“We’re glad to see Ayasdi make it to the selection,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “Ayasdi is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company.”
As in previous years, American-based entrepreneurs continue to dominate the list of technology pioneers: they account for more than two-thirds of the recipients, followed by the United Kingdom (4), Israel and the Netherlands (2), and individual recipients of Canada, Germany, Ireland, Italy, Sweden and Taiwan, China. France and Spain were among the countries not counting a recipient.
“Ayasdi is both honored and humbled by our selection as a World Economic Forum Technology Pioneer 2015. Our selection, alongside forty eight other amazing companies, inspires us in our mission to help change the world through the extraction of knowledge from complex datasets,” said Gujeet Singh, Co-Founder and CEO of Ayasdi. “As a Technology Pioneer, we will have an exceptional opportunity to interact with global leaders in business and government as we seek to help solve business and society’s most pressing challenges.”
The Technology Pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs, venture capitalists and corporate executives. Notable members of the committee include Arianna Huffington (founder, Huffington Post) and Henry Blodget (editor-in-chief, Business Insider). The committee based its decisions on criteria including innovation, potential impact, working prototype, viability and leadership.
Past recipients include Google (2001), Wikimedia (2007), Mozilla (2007), Kickstarter (2011) and Dropbox (2011). More information on past winners can be found here.
Ayasdi has also been named as one of the most innovative companies in big data by Fast Company, Forbes, Fortune, Gigaom, Inc., Wired and others. For more information, visit http://www.ayasdi.com or follow us on Twitter @Ayasdi.
About The World Economic Forum
The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation in the spirit of global citizenship. It engages with business, political, academic and other leaders of society to shape global, regional and industry agendas.
Incorporated as a not-for-profit foundation in 1971 and headquartered in Geneva, Switzerland, the Forum is independent, impartial and not tied to any interests. It cooperates closely with all leading international organizations (www.weforum.org).