In-Q-Tel Bets On 3 Hot Technologies - InformationWeek
IoT
IoT
Software // Information Management
News
6/18/2013
04:40 PM
50%
50%
RELATED EVENTS
7 Key Cloud Security Trends Shaping 2017 & Beyond
Dec 15, 2016
Cloud computing is enabling business transformation as organizations accelerate time to market and ...Read More>>

In-Q-Tel Bets On 3 Hot Technologies

Intelligence community's investment arm taps artificial intelligence company to turn data into narratives, also invests in flash storage and solar energy products.

10 Breakthrough DARPA Technologies
10 Breakthrough DARPA Technologies
(click image for larger view and for slideshow)
In-Q-Tel, the investment arm of the U.S. intelligence community, has signed new technology development agreements with three companies that are producing leading-edge capabilities in the areas of artificial intelligence, flash storage technology and portable solar-generated power supplies.

Narrative Science, based in Chicago, offers an artificial intelligence engine that uses data analytics and language expertise to convert complex data sets into narrative content without user involvement. In-Q-Tel's investment will enable the company to develop a version of its engine for government customers.

The technology "is revolutionizing how organizations make decisions and communicate information from large and disparate sources of data," Stuart Frankel, the CEO of Narrative Science, said in a press release. "The strategic relationship with IQT is further validation that Narrative Science is poised to address a pervasive commercial and market need."

[ Meet IBM's "Engagement Advisor," a computer that can take customer complaints. Read Watson Gets Call Center Job. ]

In a separate move, In-Q-Tel signed an agreement with Mountain View, Calif.-based Pure Storage, which offers an all-flash storage array that costs less than mechanical disk arrays. The company's product, FlashArray, uses in-line data-reduction techniques, including data compression and deduplication, to reduce the size of the data footprint. CEO Scott Dietzen said the company will use In-Q-Tel 's investment to develop solid-stage storage products that are optimized for the needs of government agencies.

Finally, In-Q-Tel will invest in Goal Zero, a Salt Lake City, Utah-based company that specializes in portable solar power systems. The company's products can power everything from cellphones to refrigerators. Goal Zero's solar kits have proven reliable in even the harshest terrains, including supporting climbers on Mount Everest and expeditions in Antarctica.

All three investments stand to benefit government agencies. In-Q-Tel's investment in Narrative Science and Pure Storage could provide better tools to address the potential of big data, as laid out in President Obama's big data initiative announced in March 2012.

Portable power systems based on solar technology, meanwhile, are expected to provide significant benefits to both military and civilian agencies that send personnel into the field, whether Afghanistan or the site of a natural disaster.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll