February 16, 2011
Investment firm IQT has added backing to Digital Reasoning, a Tennessee-based large-scale data analytics company that handles unstructured data via the cloud. Their analytics software hinges on a mathematically-based approach to processing natural language on a vast data and document sets.
Digital Reasoning specializes in Entity Oriented Analytics, which takes large amounts of data and connects items or people of interest to the data sets and searches for connections. Their main product, Synthesis, allows analysts to scan thousands of documents to “allow for the discovery of non-obvious connections hidden in the data, such as alternate meanings of words or ‘coded’ or ‘disguised’ messages.”
Formed in 2000, the company has been a player in the federal space since 2004, working with organizations within the U.S. government including the Army’s Biometrics Intelligence Program, the Army Intelligence and Security Command Information Dominance Center and a number of other specialized security and defense-related projects.
The cloud plays a pivotal role in the company’s offering of the Synthesis platform as the vast number of documents to be combed through by the analytics are stored off-site. As Matthew Russell, VP of Engineering noted, “By allowing users to upload their data into the cloud for analysis, many more users will get the opportunity to experience next generation data analytics while exploring their own data.”
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