Falkonry, Inc., the leading provider of operational machine learning for Global 2000 industrial companies, today announced that it was named by Network World as one of its “10 Hot AI-Powered IoT Startups.” As highlighted by Network World, Falkonry’s machine learning system, Falkonry LRS, is like a “data scientist-in-a-box,” meaning no data scientists are required and it can be used and managed by operations teams themselves. Customers using Falkonry LRS start recognizing value within three weeks of deploying the system, which has saved companies millions of dollars annually.
“Falkonry was a no-brainer for this startup roundup”
“Being selected for this coveted Network World award is a testament to the unique operational machine learning system our Falkonry team has developed and the significant results our customers are realizing,” said Dr. Nikunj Mehta, Founder and CEO of Falkonry. “Global 2000 companies across multiple industries are successfully using existing data and Falkonry LRS to improve their throughput, uptime, yield, safety and product quality.”
“Falkonry was a no-brainer for this startup roundup,” said Jeff Vance, founder of Startup50.com and a Network World contributor. “For a startup, their customer list is impressive. I’m also intrigued by their approach of applying feature learning and machine learning to large data sets in order to remove data scientists from the analytics workflow. For IoT to reach its true potential, AI, machine learning and automation are essential.”