Saffron Technology

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.

Saffron was founded in 1999 by Dr Manuel Aparicio, a recognized pioneer in the field of Associative Memories, and Mr. James Fleming, a software engineer and leader in intelligent agent development.

In 2000, former National Security Advisor Admiral (Dr.) John Poindexter joined the board with a focus of applying Associative Memory technology in the fields of National Security and Intelligence.

In the first years, the company did most of its work with the U.S. Department of Defense, including in Iraq, analyzing and predicting where IED’s would be located so insurgent bombers could be proactively targeted.

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