Falkonry Named to the 2019 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups

SUNNYVALE, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Falkonry?src=hash” target=”_blank”gt;#Falkonrylt;/agt;–Falkonry,
Inc.
, the leading provider of predictive operations technology,
today announced that it has been named to the CB Insights third annual AI
100
ranking showcasing the 100 most promising private artificial
intelligence companies in the world. Falkonry enables operations teams
to discover, explain and predict behaviors that matter, without
requiring data scientists. Customers are realizing five to 10 times
annual return on investment (ROI) from improved uptime, yield, quality
and safety in operations spanning semiconductor, automotive, oil & gas,
mining & metals and energy.

Being named a CB Insights AI 100 company validates the power of
Falkonry LRS, our pre-packaged machine learning system, and the short
time to value companies are achieving,” said Dr. Nikunj Mehta, Founder
and CEO of Falkonry. “By complementing the domain expertise of their
operations teams with predictive operations technology, our customers
are able to quickly discover patterns and apply them to many use cases.”

Falkonry has garnered significant recognition in the industry:

After being named to the AI 100 in 2018, last year’s honorees raised
nearly $4.5B across 45 deals with 6 going on to be valued at $1 billion
or more,” said CB Insights CEO Anand Sanwal. “The data we compiled on
this year’s nominees, ranging from their customers to their patents to
their CB Insights’ Mosaic scores, revealed 100 AI companies that are
driving transformation across a number of industries and which are
taking on a variety of large societal issues ranging from disaster
management to cancer diagnosis to detecting fake news. We expect these
companies will see similar levels of momentum and progress in 2019 and
are excited to continue to track their progress.”

About CB Insights

At CB Insights, we believe the most complex strategic business questions
are best answered with facts. We are a machine intelligence company that
synthesizes, analyzes and visualizes millions of documents to give our
clients fast, fact-based insights. Serving the majority of the Fortune
100, we give companies the power to make better decisions, take control
of their own future, and capitalize on change.

About Falkonry

Falkonry is the leading provider of predictive operations technology for
companies looking to achieve significant improvements in the uptime,
yield, quality and safety of their operations. Falkonry enables
operations teams to discover, explain and predict behaviors that matter,
without requiring data scientists. Falkonry’s “pre-packaged” machine
learning system, Falkonry LRS, complements a user’s domain expertise
with predictive operations technology to more deeply understand their
operations, and can scale across assets, processes and operations. For
more information about Falkonry and its products, please visit www.falkonry.com

Contacts

Erika Powelson
Powelson Communications, Inc. for Falkonry
[email protected]
408-781-4981

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