Accelerating the Industrial Internet of Things
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Suppliers United States Saffron Technology (Intel)
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Saffron Technology (Intel)

A simple approach to complex data
United States
1999
Private
$10-100m
51 - 200
Saffron Technology, Inc., a technology company headquartered in Cary, North Carolina, develops cognitive computing systems that use incremental learning to understand and unify by entity (person, place or thing) the connections between an entity and other “things” in data, along with the context of their connections and their raw frequency counts. This approach provides a semantic and statistical representation of knowledge.

Saffron learns from all sources of data including structured and unstructured data to support knowledge-based decision making. Its patented technology captures the connections between data points at the entity level and stores these connections in an associative memory. Similarity algorithms and predictive analytics are then combined with the associative index to identify patterns in the data.

Saffron’s Natural Intelligence platform is utilized by Global 1000 companies across industries including manufacturing, energy, defense and healthcare, to help decision-makers manage risks, identify opportunities and anticipate future outcomes, thus reducing cost and increasing productivity. Competitors include IBM Watson and Grok.
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SaffronAdvantage™
A visual analytics tool for business development and strategic sales professionals, corporate leadership, and analysts, that provides an interactive visual platform for exploiting Saffron’s “analytic reasoning” methods.

SaffronStreamline™
Leveraging the power of Saffron’s Natural Intelligence Platform™, SaffronStreamline™ is a product lifecycle intelligence solution that sits above a customer’s existing Product Lifecycle Management (PLM) and Application Lifecycle Management (ALM) systems. Without disruption, it unifies multi-sourced data with enterprise data into a single layer of intelligence that enables organizations to share knowledge from one to many experts across their various ecosystems.
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Hardware
Software
Software that ingests data and visualises it to generate insights to answer specific questions
Platforms that facilitate and allow application developments for specific use cases and/or client requirements.
Services
Developing custom software for specific uses and operating environments/needs.
Number of Case Studies5
Detecting and Reducing Cost of Fraud Rings
Detecting and Reducing Cost of Fraud Rings
A leading insurer wanted to reduce its multi-billion dollar expenditures on auto insurance claims, which is its largest annual expense. Currently, the company avoids paying out only about 0.33% of the predicted 10% of fraudulent claims. The insurer uses both manual (60-65%) and automated systems (30-35%) to flag questionable claims. These claims are passed on to the investigative case managers who read adjuster and other member notes, explore the fraud watch list, and search the web. Their existing approach cannot easily discover fraud rings or, more importantly, collusion among other fraud rings.Moreover, the investigative team typically decides in 30 days or less on whether to pay or deny a claim. This is due to heavy caseloads and expectations for a quick turnaround in claim processing in order to keep customers satisfied.
Improving Diagnosis Accuracy and Saving Lives
Improving Diagnosis Accuracy and Saving Lives
Dr. Partho Sengupta needed a way to accurately identify disease patterns resulting from echocardiograms in order to improve diagnostics and save more lives. Specifically, he wanted to distinguish between two disparate diseases: cardiomyopathy, which directly impacts the heart muscle and often leads to heart failure, and pericarditis, which acts as if the heart is involved but doesn’t actually affect the heart. While both diseases present with similar heart conditions, the treatments are vastly different. For pericarditis, the treatment may include medication and, rarely, surgery. However, if the diagnosis is cardiomyopathy the patient undergoes medical management (i.e. a pacemaker) or in extreme cases, a heart transplant. Misdiagnosis of these disease conditions can put the patient’s life at risk and be very expensive for the hospital.Dr. Sengupta, therefore, looked to Saffron’s Natural Intelligence Platform to help his team increase the diagnosis accuracy of these medical conditions.
Reducing Operating Costs And Improving Safety
Reducing Operating Costs And Improving Safety
To ensure safe operation of the nuclear plant, the Institute of Nuclear Power Operations sets the performance objectives and defines the criteria (PO&C) to meet those objectives. The plant personnel manually compare each line item in the CAP report against the PO&C to evaluate the seriousness of the event. A spilled cup of coffee in the wrong place might not be too serious, while a critical pump leaking that has the potential to shut down the plant is another matter entirely. This manual process of classifying the seriousness of each item in a CAP report lies at the heart of the continuous effort to improve the safety and operation of the nuclear power plant, but requires significant time and resources.Our client needed a way to automate the classification process to increase its efficiency and to extract information from years of reported events to better understand their causes and anticipate possible adverse events.
Number of News Items1
Conversation System Market Study Offering Deep Insight Related to Growth Trends until 2027- Cognitive Scale, Google, Hewlett-Packard, IBM Corporation, Microsoft Corporation, Nuance - openPR
OpenPR - 31 May, 2019
Referenced Companies: Oracle, SAP, Microsoft, Intel Saffron Technology, IoT Systems
Keywords: Data Processing, Sensors
Number of Software2
SaffronStreamline™
SaffronStreamline™
Leveraging the power of Saffron’s Natural Intelligence Platform™, SaffronStreamline™, for issues and defect resolution, is a product lifecycle intelligence solution that sits above a customer’s existing Product Lifecycle Management (PLM) and Application Lifecycle Management (ALM) systems. Without disruption, it unifies multi-sourced data with enterprise data into a single layer of intelligence that enables organizations to share knowledge from one to many experts across their various ecosystems. Companies solve problems quickly and shorten time to market via access to information about multi-discipline issues, expertise and the shared causes of problems.
SaffronAdvantage™
SaffronAdvantage™
SaffronAdvantage™ is designed to give you connected knowledge and decision experience from multiple data sources – internal and external – with speed and flexibility.
Number of Similar Suppliers8
Thingswise
Thingswise
Thingswise was founded in Chicago in 2015. Thingswise help their customers turn industrial asset data into insights; They work with customers to enable intelligent industrial operations.They provide a compact and complete platform solution for streaming data collection, processing, analytics and visualization targeted for broad industrial use cases.They are busy working with customers across industrial sectors to solve their present problems and deliver immediate benefits to their operations.They enable their customers to realize the promise of the Industrial Internet of Things.
Cumulocity (Software AG)
Cumulocity (Software AG)
Cumulocity is the IoT (Internet of Things) / M2M (Machine to Machine) spin off of Nokia Siemens Networks. It focuses on innovate software solutions based on cloud technology for the IoT / M2M market. The solutions have set new industry standards and received industry awards for its innovative concepts.
TEGO
TEGO
Tego’s smart asset solution makes businesses smarter by bringing intelligence to physical assets that exist beyond the reach of the Internet. Their wireless Radio Frequency (RF) solution manages secure data and information directly on a physical asset, collecting and managing it for IoT applications and distribution to existing cloud-based and enterprise systems. Tego provides a fully integrated and configurable platform consisting of multi-functional TegoChips, ruggedized TegoTags and Tego OS software platform. Tego also licenses its extensive IP portfolio to System on a Chip (SOC) and sensor manufacturer partners.
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