[April 23, 2014]

MIT Sloan CIO Symposium Selects Finalists for 2014 Innovation Showcase

The 11^th Annual MIT Sloan CIO Symposium today announced the ten finalists for its 2014 Innovation Showcase. The selected companies have developed cutting edge solutions that provide both strong value and innovation to enterprise IT. The finalists will receive key exposure to many of the world's most creative and influential IT executives at the Symposium on May 21, 2014.

After careful consideration, the Innovation Showcase judges chose these ten companies because they:

• Have a B2B or B2C enterprise IT solution product in the market;
• Are a start-up with less than $10 million in 2013 revenues or Series A funding;
• 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.

"We are thrilled to have received such a high number of qualified Innovation Showcase submissions," said David L. Verrill, Executive Director of the MIT (News - Alert) Center for Digital Business, and Co-chair of the Innovation Showcase. "Each of the 10 finalists we have chosen represents innovative technologies that have the potential to positively impact growth, and help CIOs move their digital enterprises forward successfully."

The 10 finalists for 2014 are:

• Big Switch Networks, Mountain View, CA (News - Alert)
  This Bare Metal Software Defined Networking (SDN) company is at the forefront of the next generation of networking technologies.
  @BigSwitch

• Cambridge Semantics, Boston, MA
  Cambridge Semantics' award-winning Anzo software makes data smarter, enabling next-generation integration, search and analytics of structured and unstructured data.
  @CamSemanics
• CloudPhysics, Mountain View, CA
  
  
  
  
  Predictive analytics for virtual datacenter management so IT can pinpoint and pre-empt performance and capacity problems and avoid datacenter disruption.
  @CloudPhysics
• Code On Network Coding, Cambridge, MA
  CodeOn is a MIT/Caltech spinout with technology that dramatically improves the performance of any products that store or transport data.
  
• Cybereason, Cambridge, MA
  Cybereason's platform automatically uncovers malicious operations (Malops™) and reconstructs them as a clear image of a cyberattack in context.
  @cybereason
  
• Device42, New Haven, CT
  Device42 provides unified inventory, energy, IP management, application topology mappings, and password management for physical, virtual and cloud data centers.
  @device42
  
• Luminoso Technologies, Inc., Cambridge, MA
  Luminoso is a text analytics solution that allows businesses to quickly distill and analyze large amounts of unstructured text.
  @LuminosoInsight
  
• Pneuron, Nashua, NH
  Pneuron offers a platform that taps enterprise data, applications and processes to deliver value in half the time and cost of current approaches.
  @Pneuron_Corp
  
• Quant5, Inc., Cambridge, MA
  Quant5 provides an easy-to-use and affordable SaaS (News - Alert) suite for businesses seeking powerful data science to increase sales and optimize budgets.
  @Quant5Inc
  
• RapidMiner, Cambridge, MA
  A predictive analytics leader, RapidMiner is redefining how business analysts use all kinds of data, including Big Data, to predict the future.
  @RapidMiner

The Innovation Showcase will take place at 5:30 p.m. in the Kresge courtyard tent on Wednesday, May 21, 2014, at MIT, in Cambridge, MA. The full agenda of the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.

About the MIT Sloan CIO Symposium

The MIT Sloan CIO Symposium is the premier global event for CIOs and senior IT executives to become better business leaders. In one day, CIOs and senior IT executives receive actionable information that enables them to meet the challenges of today's changing global economy. The annual event offers a day of interactive learning and thought-provoking discourse on the future of technology, business, and best practices that is not available anywhere else. The MIT Sloan CIO Symposium is organized and developed by a team from the MIT Sloan Boston Alumni Association and the MIT Center for Digital Business. Visit www.mitcio.com for more information and registration.

To stay connected to the Symposium and its community, follow updates on Twitter (News - Alert): https://twitter.com/mitcio.

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