|[December 05, 2013]
SmartCloud Secures Strategic Investment from Rockwell Automation
BEDFORD, Mass. --(Business Wire)--
SmartCloud, Inc. announced today that it received a $3 million strategic
investment from Rockwell Automation (News - Alert) (NYSE: ROK) to increase SmartCloud's
Big Reasoning platform applications.
"We are pleased to work with Rockwell Automation, the world's largest
company dedicated to industrial automation and information," said Kim
Mayyasi, SmartCloud CEO. "They will help reinforce our market position
and mission to become a leading provider of real-time xStream reasoning
solutions for mission critical environments and the Industrial Internet
"As remote monitoring of intelligent motor controls and other
Internet-connected devices grows in demand, we believe that SmartCloud's
technology and expertise will help us analyze data more efficiently to
support real-time decision making using predictive analytics," said Gary
Pearsons, Rockwell Automation vice president of customer support and
SmartCloud, founded in 2009, has developed technology that unifies
stream, processing, Semantic Web, and multi-agent architectures in its
CRex™ platform. "We solve the challenges of real-time data processing in
Big Data environments with Big Reasoning," said Mike Barnett, executive
vice president of SmartCloud's knoledge engineering.
"Our Big Reasoning platform is the next generation of Big Data
technology, namely using artificial intelligence to control complex
actions in real time. Depending on the environment, our agent
architectures can deploy reasoning power anywhere it's needed - on
devices such as smart meters and smart phones, a company's servers, or
in the cloud," said Steven Fraleigh, SmartCloud's chief technology
SmartCloud gained notice in the Smart Grid market when it implemented
the nation's first situation awareness system to monitor North America's
bulk power system and alert staffs at the Federal Energy Regulatory
Commission (FERC) and the North American Electric Reliability Corp.
(NERC (News - Alert)) about emerging situations that could impact reliability. The
system takes real-time data from 30,000 data points and identifies and
displays critical trends. In 2011, SmartCloud was named a Gartner (News - Alert) "Cool
Vendor in Energy and Utilities" for its unique technology.
"SmartCloud provides the intelligent infrastructure needed in today's
extreme mission-critical applications," said Paul Lindenfelzer,
SmartCloud's executive vice president of sales and operations. "Working
with Rockwell Automation is another significant step in the company's
Founded in 2009, SmartCloud, Inc. of Bedford, Mass., specializes in Big
Reasoning solutions for extreme mission-critical environments. For more
information, visit www.BigReasoning.com.
About Rockwell Automation
Automation, Inc., (ROK) the world's largest company dedicated to
industrial automation and information, makes its customers more
productive and the world more sustainable. Headquartered in Milwaukee,
Wis., Rockwell Automation employs over 22,000 people serving customers
in more than 80 countries.
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