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Loop AI Labs Featured in 'On The Radar' Report by Ovum, Leading Industry Research FirmSAN FRANCISCO, June 15, 2016 /PRNewswire/ -- Loop AI Labs, a leading provider of unsupervised cognitive computing technologies, has been recognized in Ovum's "On the Radar" report, for providing an easy-to- deploy, unsupervised learning appliance that distills knowledge from dark data, the 80% of unstructured data that companies are storing and not using. The Loop Cognitive Computing Platform gives organizations the ability to extract valuable insights from this dark data, completely unsupervised and with no human intervention. Logo - http://photos.prnewswire.com/prnh/20160615/379506LOGO Ovum's "On the Radar" is a series of research notes about vendors bringing innovative ideas, products and business models to the market. Ovum's analysts recommend Loop AI Labs to enterprises looking to bring down the cost of entry into the use of neural network technology and machine learning. "Loop AI Labs will be most cost-effective for companies that have needed to spend considerable human effort extracting marketing and other insights from unstructured data and have been prohibited from doing so due to cost," said Michael Azoff, Infrastructure Solutions Analyst, Ovum. "Using Loop AI Labs will significantly speed up the time to value in undertaking such analysis." Highlights from "On the Radar: Loop AI Labs" report include:
The complete report is available at: http://www.ovum.com/research/on-the-radar-loop-ai-labs-cognitive-computing-platform-distills-knowledge-from-dark-data/ About Loop AI Labs Loop AI Labs helps organizations leverage any kind of unstructured text without data science or artificial intelligence experience, making cognitive computing a process of simple API calls. The platform can understand concepts in any domain and any language, without prior knowledge about the syntactic or semantic structure of the language. Deployment and integration is easy and efficient. The platform is offered on premises, in the cloud or embedded in smart and IoT devices. Loop AI Labs intends to help major sectors of the economy -- such as healthcare, media, finance, insurance, telecommunications, and retail -- to benefit from the efficiencies of a new era of machine intelligence, and to make people's lives easier, safer, and more productive. About Ovum Ovum is a leading global technology research and advisory firm. Through its 180 analysts worldwide it offers expert analysis and strategic insight across the IT, telecoms, and media industries. Founded in 1985, Ovum has one of the most experienced analyst teams in the industry and is a respected source of guidance for technology business leaders, CIOs, vendors, service providers, and regulators looking for comprehensive, accurate and insightful market data, research and consulting. Media contact: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/loop-ai-labs-featured-in-on-the-radar-report-by-ovum-leading-industry-research-firm-300284999.html SOURCE Loop AI Labs |