Most managers’ jobs involve making predictions. When HR specialists decide whom to hire, they’re predicting who will be most effective. When marketers choose which distribution channels to use, they’re predicting where a product will sell best. When VCs determine whether to fund a start-up, they’re predicting whether it will succeed. To make these and myriad other business predictions, companies today are turning more and more to computer algorithms, which perform step-by-step analytical operations at incredible speed and scale.
N.Y. Times | April 28, 2016 — The idea that universities and government could jointly build a business park framed around technology was born 55 years ago in North Carolina, on farm and forest land eight miles south of downtown Durham.
That business park, Research Triangle Park, is a collection of spacious office buildings housing 170 companies on a 7,000-acre suburban campus navigated by car. It fit two of the primary real estate priorities of the postwar 20th century: mobility and privacy.
Winston Salem Journal | April 8, 2016 –
Cognistx, a new applied technology start-up company, announced Tuesday that it has signed a lease for space downtown at 525 Vine St. in Wake Forest Innovation Quarter.
Cognistx, which will continue to keep an office in Pittsburgh, uses mobile data aimed at creating more personalized, relevant shopping offers.
The company has two employees in Winston-Salem but plans to have four to six by the end of the year. The office in the Innovation Quarter will house several departments.
Sanjay Chopra, the company’s chief executive, is a serial entrepreneur with more than 20 years of experience in e-commerce strategy, business development and technology.
Traction News | March 14, 2016 – Auto care company Monro Muffler and Brake is harnessing the latest technology to enhance its customers’ experiences, interactions and loyalty.
SO WHAT’S THE TECH?
The national automotive under-car repair and tire service company has partnered with relatively new start-up Cognistx, which has created an app that will enable Munro to send reminders to customers about oil changes or car services and present them with timely special offers tailored to them.
Cognistx, which helps create “intelligent customer experience,” calls its platform a “muscular learning engine.” It uses data to connect the dots, learning an individual’s preferences and behaviors, figuring out the most appropriate options for them and then delivering a customized recommendation or offer via mobile.
Our success wouldn’t be possible without Metacube, our development partner in Jaipur, India. Pictured here wearing their official Cognistx gear, the team poses at their offices. Thanks to Rahul, Mamta, Rakesh, Abhijeet, Bhavna, Ankita, Vijendra, Shivang and Harshita for bringing their talents, passion and world-class skills to Cognistx!
Triad Biz Journal | March 7, 2016 – Tech firm Cognistx is set to open an office in Winston-Salem’s Innovation Quarter on April 1.
According to Sanjay Chopra, the company’s co-founder and CEO, the office is expected to employ 10 people at the end of its first year of operation, 25 people after two years and up to 60 after five years.
The office will be located at 525 Vine Street and serve as the company’s “Customer Experience Center,” Chopra said.
“Part of our business model is that we get lots of data from our customers,” he said in an interview. “We will be using the Winston-Salem office to massage the data, to cleanse the data, to do transcription. We can support customers, work with them from a marketing perspective. All that will be done from the Winston-Salem office.”
GIBSONIA, Pa., Feb. 29, 2016 /PRNewswire/ — Monro Muffler & Brake, a national automotive undercar repair and tire service company with 1,030 company-operated stores in 25 states under the brands names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, AutoTire, Tire Warehouse, Tire Barn, Ken Towery’s Tire and Auto Care, The Tire choice and Car-X, will enhance the customer experience of maintaining and repairing their cars and trucks over the next several years.
A Carnegie Mellon system designed to rapidly answer questions — even some seemingly off the wall — posed to the Yahoo! Answers website received the highest score by far in the LiveQA evaluation track at the Text Retrieval Conference (TREC 2015).
“This is the question answering that really matters to people,” said LTI Professor Eric Nyberg, who heads the Open Advancement of Question Answering (OAQA) group. “These are real questions by real users answered in real-time.”