Kumo Wins Fast Company Award for AI on Enterprise Data
Fast Company’s listing celebrates improvements making a distinction in the way in which we work and dwell.
Kumo, a pacesetter in predictive AI, at this time introduced that it has been named on Fast Company’s fifth annual Next Big Things in Tech listing. Kumo joins a distinguished group of 137 honorees throughout 31 classes, together with corporations comparable to Google, GitHub, and Snap. Kumo was acknowledged within the Foundational AI class, which celebrates organizations advancing the core applied sciences that energy the subsequent era of clever methods.
This recognition highlights Kumo’s accomplishment in bringing relational databases into the age of AI. Before Kumo, producing predictions from relational knowledge, the spine of enterprise operations like buyer data and transactions, relied on machine studying strategies relationship again many years.
With KumoRFM, the primary basis mannequin constructed for relational knowledge, customers can join their enterprise databases and immediately generate predictions on key outcomes comparable to fraud detection or buyer churn. The mannequin delivers leads to seconds, providing as much as 20× sooner time to worth and 30–50% larger accuracy than conventional approaches.
“We are honored to be acknowledged by Fast Company for being probably the most important gamers in foundational AI,” says Dr. Vanja Josifovski, CEO and Founder of Kumo. “We’ve been proud to work with main organizations like Databricks, Snowflake, Reddit, and DoorDash — proof that enterprises throughout the board stand to achieve from the worth inside their relational knowledge.”
“Next Big Things in Tech is each a snapshot of essentially the most fascinating tech of the second and a crystal ball that predicts the subsequent a number of years,” says Brendan Vaughan, editor-in-chief of Fast Company. “We’re excited to share this listing with our readers, and we congratulate the winners for their imaginative and prescient and innovation.”
Kumo, which has raised $37 million, was co-founded by Dr. Vanja Josifovski, Dr. Jure Leskovec, and Dr. Hema Raghavan, who’ve devoted their careers to unlocking the worth inside enterprise knowledge with AI. Each served in prime management roles at LinkedIn, Pinterest, and Airbnb, the place they helped form the AI methods that energy a number of the world’s most influential platforms. That identical caliber of management and innovation now drives Kumo — a transparent standout on Fast Company’s Next Big Things in Tech listing.
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