|By PR Newswire||
|August 19, 2014 10:25 AM EDT||
CAMBRIDGE, Mass., Aug. 19, 2014 /PRNewswire/ -- This morning, MIT Technology Review named Nutonian founder/CEO Michael Schmidt one of its 35 Innovators Under 35, a "list of exceptionally talented technologists whose work has great potential to transform the world."
"Over the years, we've had success in choosing young innovators whose work has been profoundly influential on the direction of human affairs," said Jason Pontin, editor in chief of MIT Technology Review. "We're proud of our selections and the variety of achievements they celebrate, and we're proud to add Michael to this prestigious list."
Schmidt is the creator of Eureqa, a software that automatically analyzes large data sets to determine what is driving a business problem or success. The technology has been downloaded over 80,000 times, enabling nearly anyone to become a "data scientist." It holds massive amounts of promise not only for scientific research – Schmidt invented Eureqa while working on his PhD at Cornell – but for energy, financial services, healthcare, manufacturing, retail, telecommunications and utilities.
Previous 35 Under 35 winners include Larry Page and Sergey Brin, co-founders of Google; Mark Zuckerberg, co-founder of Facebook; Jonathan Ive, chief designer of Apple; and David Karp, creator of Tumblr.
Schmidt said that while the list is portrayed as an individual honor, his company's success has been enabled by many people, especially his mentors at Cornell, Chris Lynch, and his team in Somerville.
"Eureqa is commoditizing data science," said Schmidt. "It's taken a lot of effort from people all around me who have believed in the technology and its potential value, not only for businesses, but for the entire planet.
"Helping people and companies extract value from their data has been the biggest challenge in the entire realm of 'big data.' There's so much data being generated but very few people – data scientists – who know how to make sense of it. We're providing a robotic data scientist, enabling anyone to understand and contextualize their data, yielding automated answers."
Nutonian will be a disruptive force in the business intelligence space, said Chris Lynch, a partner at Atlas Venture who invested in Nutonian last fall.
"It's no secret that the analytics space has been exciting the past few years," Lynch said. "Business problem-solving and profitability are some of the most important drivers of economic growth. But big data will only become transformational when it moves beyond the technical aficionados and into the hands of your traditional business user.
"By empowering the masses and making data science a core competency of any organization, Nutonian will lead an industry sea change as powerful as the internet. Michael is taking this from promise to reality. He's an all-star, and I've enjoyed working with him every step of the way."
Schmidt was also named one of "The World's 7 Most Powerful Data Scientists" by Forbes in 2011. He will be profiled in the September/October issue of MIT Technology Review and recognized at a special ceremony at EmTech MIT, "The Conference on the Emerging Technologies That Matter," in late September.
Nutonian is "The Robotic Data Scientist", automatically discovering cause-and-effect relationships within complex data structures. With more than 80,000 installations globally, Nutonian provides customers with unparalleled context and understanding about what's driving their most complex business problems. Its accuracy, time-to-understanding and scalability are unparalleled in today's ecosystem. No More Questions – Just Answers™.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
Jul. 28, 2015 04:00 PM EDT Reads: 179
Public Cloud IaaS started its life in the developer and startup communities and has grown rapidly to a $20B+ industry, but it still pales in comparison to how much is spent worldwide on IT: $3.6 trillion. In fact, there are 8.6 million data centers worldwide, the reality is many small and medium sized business have server closets and colocation footprints filled with servers and storage gear. While on-premise environment virtualization may have peaked at 75%, the Public Cloud has lagged in adop...
Jul. 28, 2015 04:00 PM EDT Reads: 2,164
How do you securely enable access to your applications in AWS without exposing any attack surfaces? The answer is usually very complicated because application environments morph over time in response to growing requirements from your employee base, your partners and your customers. In his session at @DevOpsSummit, Haseeb Budhani, CEO and Co-founder of Soha, shared five common approaches that DevOps teams follow to secure access to applications deployed in AWS, Azure, etc., and the friction an...
Jul. 28, 2015 03:30 PM EDT Reads: 459
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Jul. 28, 2015 03:30 PM EDT Reads: 121
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Jul. 28, 2015 03:00 PM EDT Reads: 440
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Jul. 28, 2015 03:00 PM EDT Reads: 1,042
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
Jul. 28, 2015 03:00 PM EDT Reads: 1,232
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Jul. 28, 2015 02:00 PM EDT Reads: 1,147
Countless business models have spawned from the IaaS industry. Resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his General Session at 16th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, broke down what we've got to work with and discuss the benefits and pitfalls to discover how we can best use them to d...
Jul. 28, 2015 01:00 PM EDT Reads: 1,936
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to tran...
Jul. 28, 2015 01:00 PM EDT Reads: 307
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at DevOps Summit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
Jul. 28, 2015 01:00 PM EDT Reads: 1,038
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Jul. 28, 2015 12:00 PM EDT
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Jul. 28, 2015 11:45 AM EDT Reads: 384
SYS-CON Events announced today that Agema Systems will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Agema Systems is the leading provider of critical white-box rack solutions to data centers through the major integrators and value added distribution channels.
Jul. 28, 2015 11:25 AM EDT
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
Jul. 28, 2015 11:15 AM EDT Reads: 159