United States, Massachusetts, Boston – 05-13-2019 (PRDistribution.com) — Topos Labs a Finalist at the MIT Sloan CIO Symposium Innovation Showcase
The16th annual MIT Sloan CIO Symposium selected Topos Labsas one of its 10 finalists for the 2019 Innovation Showcase, based on the company’s cutting edge cognitive text mining platform, Gracie. Leaders of the Showcase will announce its winner on May 22, 2019.
“We’re thrilled to be recognized as one of the hottest technologies of 2019 by MIT’s Innovation Showcase,” said Christopher Stephenson, CEO of Topos Labs. “Our team is cracking the code on unstructured data to solve real world problems. Gracie, a reading machine that can be trained without programming or data science, analyzes and accurately classifies all forms of free form text. MIT’s Symposium offers and outstanding opportunity to showcase Gracie alongside so many influential new technologies.”
Inspired by Grace Hopper, a computer science pioneer, Gracie collaborates with users to quickly ingest and understand text, analyze and classify it, and provide useable results that can save organizations valuable time and money. Gracie’s value proposition for content-rich industries, such as health care, finance or information security, is immediate. Her engine uncovers missed revenue, makes sense of complexity, and can even detect fraud.
“It is a tremendous honor to award these 10 companies for our 2019 Innovation Showcase,” said Anton Teodorescu, Co-Chair of the Innovation Showcase. “We consider these insightful technologies to represent the strongest innovation to help lead a smarter enterprise.”
Showcase judges evaluated and selected the 10 technologies based on four criteria:
- Have an enterprise IT solution product available in the market;
- Are a start-up with less than $10 million in 2018 annual revenues;
- Are selling enterprise IT solutions to CIOs or corporate IT departments; and
- Show innovation and/or strategic value and potential impact on the top and/or bottom lines.
For a list of Showcase finalists visit http://www.mitcio.com/innovation. The Showcase takes place at 5:30 p.m. in the Kresge courtyard on Wednesday, May 22, 2019, at MIT in Cambridge, Mass. The full agenda for the Symposium is available at www.mitcio.com/agenda.
About Topos Labs
Topos Labs is a Boston-based AI company focused on NLP and cognitive text mining. The team consists of talented engineers, data scientists, entrepreneurs and investors that have previously created three technology products, generating over $1B in revenue. Now the same team is on a mission to democratize AI and harness the incredible untapped potential of unstructured data to solve the big challenges of tomorrow.
Topos Labs is the creator of Gracie, a cognitive text mining platform that can be trained by non-technical users to analyze and derive contextual information from any unstructured text. Gracie currently specializes in healthcare, finance and security.
About the MIT Sloan CIO Symposium
The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. In one day, CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading, global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). For more information and to register for this year’s Symposium, visit www.mitcio.com.
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