Italian software arrives in Silicon Valley – Corcom

CASE

Maurizio Di Lucchio

 An Italian software conquer one of the most prestigious accelerators in Silicon Valley. Cogito, the semantic technology designed by the Modena Expert System, this year will be used by 500 Startups, a kind of paradise for digital startup based in Mountain View, just steps from the headquarters of Google. It is one of the most renowned acceleration programs in the world and with mentors and tutors who come from major digital company, from Apple to Facebook.

 He has invested in more than 1,400 companies from over 50 countries and has grown many successful reality, including MakerBot, the startup that has created the most popular low cost 3D printer and was sold for 400 million dollars. Before the agreement between Expert System and 500 Startups, Italy was able to set foot in this accelerator only a few occasions, because they counted on the fingers of the hand-ups of our country that have made it to be admitted in program. Among the best known, Timbuktu, and AdEspresso CoContest. Expert System, which is a company listed on the AIM market of the Italian stock exchange dedicated to SMEs, on the other hand will be there not with his team but with its flagship product, Cogito, a semantic software that lets you create new applications of cognitive computing for ‘analysis of big data and various types of information.

 Companies accelerated in 500 Startups can use the software to analyze large volumes of unstructured data (documents, websites, CRM applications, news and other open source) information by exploiting the potential of automatic understanding. Cogito is indeed able to process natural language in various types of text and understand the meaning of words and phrases based on the context.

 The information collected and analyzed through this system can be made available to the strategic processes of companies and be used to gain an edge on the market. “We are honored to be the first and only semantic analysis solution available to the 500 Startups” community, said Luca Scagliarini, VP Strategy & amp; Business Development Expert System. “Cogito will give the possibility to create applications that can increase the ability to find, share, and quickly capitalize on the knowledge available and, therefore, accelerate the business.”

 

© ALL RIGHTS RESERVED 14 February 2016

TAG: cogito, startup, software, expert system, silicom valley