CAMBRIDGE, Mass., May 09, 2018 (GLOBE NEWSWIRE) -- The 15th annual MIT Sloan CIO Symposium recently named Indico as one of ten finalists for the 2018 Innovation Showcase. Indico’s Enterprise AI solution for unstructured content represents a cutting-edge solution that provides both strong value and innovation to the enterprise IT space. Indico will receive key exposure to many of the world’s most creative and influential IT executives at the CIO Symposium on May 23, 2018.
“We’re really honored to be recognized by the MIT Sloan CIO Symposium,” said Tom Wilde, CEO of Indico. “Despite all the hype around artificial intelligence and machine learning, enterprises are really struggling to apply these technologies to unstructured content, which makes up over 80% of the data in most organizations. By enabling users to create customized machine learning models with much smaller data sets and less data science expertise, we’re helping them solve their unstructured content challenges and enabling them to take advantage of the significant business benefits that AI and machine learning have to offer.”
Indico is an enterprise AI solution specifically designed for text, images, and other unstructured content. The company’s solution helps enterprises automate tedious back-office tasks, improve the efficiency of labor-intensive document-based workflows, and extract valuable insights from existing enterprise content. The company’s breakthrough in solving these challenges is an approach known as transfer learning, which allows users to train machine learning models with orders of magnitude less data than required by traditional content analysis techniques. With Indico, enterprises are now able to benefit from the dramatic advantages of machine learning in a fraction of the time and effort.
“We are thrilled to award these 10 companies for our 2018 Innovation Showcase,” said Anton Teodorescu, Co-Chair of the Innovation Showcase. “The finalists represent leading edge technologies that will enable enterprises to up their digital game from vision to execution.”
For a full list of Innovation Showcase finalists, visit http://www.mitcio.com/innovation.
The Innovation Showcase will take place at 5:30 p.m. in the Kresge courtyard tent on Wednesday, May 23, 2018, at MIT in Cambridge, MA. The full agenda for the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.
About Indico
Indico is an enterprise AI solution for unstructured content. Our focus is on helping to automate tedious back-office tasks, improving the efficiency of labor-intensive document-based workflows, and extracting valuable insights from unstructured content, including text and images. Our breakthrough in solving these challenges is an approach known as transfer learning, which allows us to train machine learning models with orders of magnitude less data than required by traditional content analysis techniques. With Indico, enterprises are now able to benefit from the dramatic advantages of machine learning at a fraction of the time. For more information, visit. https://indico.io/.
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.
Editor’s Note:
Journalists interested in press credentials or speaking with any of the Showcase Innovation finalists should contact Caroline Legg (caroline@warnerpr.com; 978-255-4488), Warner Communications Group.