Much of the focus of AI has been on data-intensive applications and consumer-facing implementations. Beyond Limits’ cognitive AI platform unleashes the power of AI for some of the most demanding verticals like energy, utilities, and healthcare. The company’s solutions are used to boost operational insights, improve operating conditions, enhance performance, and ultimately, increase profits. The company’s technology originated at Caltech’s Jet Propulsion Laboratory for NASA space missions and is now being leveraged to help some of the largest industrial enterprises and companies address their most pressing challenges with a combination of machine learning and human knowledge. LA TechWatch caught up with CEO and Founder AJ Abdallat to learn more about the state of the enterprise and industrial AI market, the company’s future plans, and recent funding round.
Enterprise
Incentify Raises $4.25M for its SaaS Platform to Manage Tax Credits and Incentives
The average Fortune 500 company has a portfolio of over $212M in Tax Credits and Incentives. As large as this sounds, nearly 50% of available credits and incentives (C&I) go unclaimed each year. Companies may be dissuaded by the process of applying, reporting, and maintaining these credits. Incentify is the enterprise SaaS platform that lets companies manage all aspects of tax credits and incentives.CEO Laurence Sotsky shares more on how Incentify is changing the narrative around C&I by providing analytics, reporting, and compliance in a centralized platform.
Croquet Raises $2.7M to Help Game Developers Build Interactive Multiplayer Experiences
People are excited about the world of gaming, especially people in Los Angeles. It was only a few weeks ago that the esports infrastructure company, Nerd Street Gamers, announced that it’s building the largest, public esports arena – right in Hawthorne. Now that LA is leading the world in gaming, physical infrastructure, it also needs […]
This LA Startup Just Raised $5M To Drive Continuous Improvement in Manufacturing
The inspiration behind FactoryFour was the byproduct of the innovation from a non-profit that was manufacturing orthopedic treatment in the foothills of Himalayas. Drawing on the founder’s experience, FactoryFour streamlines archaic manufacturing processes by replacing legacy, fragemented software and spreadsheets with a unifying, real-time system of record that is easy to use, highly customizable, and […]
This LA Startup Just Raised $10M to Enable Technicians to Collaborate on Maintenance
There are a lot of moving parts in large facilities and maintenance workers have a tremendous amount to keep track of. Many technicians still use paper and pencil lists to keep track of items like work orders, invoices, and to do lists. As as a result, collaboration is stifled with work often lost or hindered. […]
How Do Millennial Employees Influence Enterprise Technology?
Today’s modern enterprises often have at least three generations (and as many as five generations) of employees working side-by-side. According to research done by Media Partners, some people from the Pre-Baby Boomer generation are still working, and individuals born after the year 2000 (in the Gen Z or Post-Millennial generation) are just starting to enter […]
This LA Startup Just Raised $7M To Make Student Loans a Benefit and not a Burden
The amount of outstanding student loans in this country numbers a staggering $1.4T (Trillion with a T). This has the potential to be a very large problem. At the same time, competition amongst employers for top talent is fierce. Employers need ways to differentiate themselves; especially when targeting potential millenial employees. Tuition.io, has shrewdly devised […]
When Startups Partner With Enterprises
Tell me if you have seen this scenario. You are in a small, scrappy startup that is grinding each and every day to eke out growth. Then a big enterprise company that likes what your startup is doing comes across and suggests you should work together. You’ve hit the jackpot! Here is a real company with a big […]
The 5 Largest Enterprise Startup Fundings in LA in 2016
The 15 Largest Enterprise Startup Fundings in the US in 2016
When Startups Partner With Enterprises
Tell me if you have seen this scenario. You are in a small, scrappy startup that is grinding each and every day to eke out growth. Then comes across the big enterprise company that likes what your startup is doing and suggests you should work together. You have hit the jackpot! Here is a real company with a […]