Numenta

Numenta
Privately held
Industry Analytics, Artificial Intelligence
Founded Redwood City, California
(February 4, 2005 (2005-02-04))
Founder Jeff Hawkins, Donna Dubinsky, Dileep George
Headquarters Redwood City, California, U.S.
Area served
 Worldwide
Key people
 Donna Dubinsky (CEO),
Jeff Hawkins (Co-founder),
Number of employees
 11-50 [1]
Website numenta.com
numenta.org

Numenta is a machine intelligence company that has developed a cohesive theory, core software, technology and applications based on the principles of the neocortex. The company was founded on February 4, 2005 by Palm founder Jeff Hawkins with his longtime business partner Donna Dubinsky and Stanford graduate student Dileep George. Numenta is headquartered in Redwood City, California and is privately funded.

Numenta has developed a number of example applications to demonstrate the applicability of its technology. Its first commercial product, Grok, offers anomaly detection for IT analytics, giving insight into IT systems to identify unusual behavior and reduce business downtime. Grok has since been licensed to their strategic partner, Avik Partners. Other applications include stock monitoring, geospatial tracking and rogue behavior.

In addition, Numenta has created NuPIC (Numenta Platform for Intelligent Computing) as an open source project.

The company name comes from the Latin mentis (“pertaining to the mind”) genitive of mēns (“mind”).[2]

Technology

Numenta's machine intelligence technology is called hierarchical temporal memory (HTM), and is a computational theory of the neocortex.[3] This theory was first described in the book On Intelligence, written in 2004 by Jeff Hawkins and co-author Sandra Blakeslee. At the core of HTM are time-based learning algorithms that store and recall temporal patterns. The HTM algorithms are documented and available through its open source project, NuPIC. The HTM technology is suited to address a number of problems, particularly those with the following characteristics: streaming data, underlying patterns in data change over time, subtle patterns, time-based patterns.[4]

Business Model

Numenta is a technology provider and does not create go-to-market solutions for specific use cases. The company licenses their technology and application code to developers, organizations and companies who wish to build upon their technology.".[5] Numenta has several different types of licenses, including open source licenses, trial licenses and commercial licenses. Developers can use Numenta technology within NuPIC using the AGPL v3 open source license.

Applications

Numenta has developed example applications based on their HTM technology. Grok for IT Analytics enables insights into IT systems. Grok uses HTM learning algorithms to identify complex patterns in data and detect anomalies. HTM for Stocks monitors publicly traded companies, looking for unusual patterns in stock price, stock volume and Twitter data. Numenta has made the source code available for these applications, as well as applications in geospatial tracking and rogue behavior.[6]

Partnerships

Numenta works with strategic partners, who license their technology and build products using HTM. Cortical.io is using HTM for natural language processing, the partnership was announced in May 2015.[7] Avik Partners has licensed their Grok for IT Analytics application to monitor IT servers.[8] The partnership was announced in August 2015. Numenta also partners with various research institutions and universities.

Open Source Community

The Numenta Platform for Intelligent Computing (NuPIC) is an open source platform and community for machine intelligence based on HTM theory. NuPIC is an implementation of HTM and can be used to analyze streaming data. Numenta first announced in June 2013 that it would open-source its HTM technology, the core of its software and algorithms. This was accompanied by the new Numenta.org website[9] and a mailing list for community members.

Community members are contributors from around the world, and topics on the mailing list have included both discussions of the HTM theory as well as details of development of the software. The mission of NuPIC is to build and support a community, that is interested in machine learning and machine intelligence based on modeling the neocortex and its principles.[10]

Numenta has hosted a series of hackathons, the first one in 2013, to bring community members together to collaborate on NuPIC and its applications.

References

  1. ↑ https://www.crunchbase.com/organization/numenta
  2. ↑ Numenta - numenta.com
  3. ↑ http://numenta.com/assets/pdf/whitepapers/hierarchical-temporal-memory-cortical-learning-algorithm-0.2.1-en.pdf
  4. ↑ http://numenta.com/#technology
  5. ↑ http://numenta.com/assets/pdf/apps/licensing-guide.pdf
  6. ↑ http://numenta.com/#applications
  7. ↑ http://numenta.com/press/numenta-and-cortical-io-form-strategic-partnership.html
  8. ↑ http://numenta.com/press/numenta-announces-licensing-of-grok-for-it-to-avik-partners.html
  9. ↑ Numenta.org website
  10. ↑ https://discourse.numenta.org/
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