Beyond Limits recently announced the General Availability of a flagship product, LUMINAI Refinery Advisor – an AI for refinery cloud-based decision support software product that advises your operators on how to realize optimal refinery plans, guiding them to hit production planning targets while improving refinery operational and start-up dependability. Empower your operators to close the profitability gap in real-time, maximize efficiency, and operate closer to plan with this artificial intelligence-driven solution that captures the full refinery margin by upholding a holistic view of an entire site and making timely, transparent, and explainable recommendations.
“Only 40 percent of refiners delivered above-average returns over the past 10 years and 31 percent of the companies were negatively disrupted.” (Deloitte Insights)
“The addition of a symbolic AI approach, layered on top of conventional artificial intelligence methods, has been an invaluable technological advancement. Capturing and encoding domain knowledge, expertise, and best practices vastly reduces the amount of data necessary for AI applications to function effectively. The explainability factor that comes along with this approach establishes trust in the technology which has been invaluable for accelerating user adoption and configuration – as compared to long model training requirements for solutions that employ machine learning alone.” (Michael Krause, Senior Manager of AI Solutions)
The Society of Petroleum Engineers (SPE), a global industry organization, found that nearly 54% of its members are over 55 years old. 44% of Generation Y and 62% of Generation Z say a career in oil and gas is unappealing. (EY Global)
21 November 2021
Dubai, UAE
The expansion follows the company’s latest funding round led by UAE’s G42. The US-based pioneer in enterprise and industrial artificial intelligence launched a new product to accelerate the adoption of AI for companies in the energy sector.
UAE, Dubai, 21 November 2021 – Beyond Limits, a pioneer in industrial and enterprise-grade artificial intelligence (AI) technology, today announced its expansion to the Middle East. The company will be regionally headquartered in Dubai with operations across the greater EMEA region.
Drawing on AI expertise developed at NASA, Beyond Limits creates hybrid AI solutions for energy, utilities, finance, and healthcare powered by ‘Cognitive AI’ technology, designed to address complex challenges and as a result, elevate operational insights, improve operating conditions, enhance performance at every level, and ultimately increase profits.
The technology replicates human-like intelligence by combining numeric techniques like machine learning with embedded human knowledge to provide clear, reliable recommendations that can match the in-depth understanding and experience of human experts.
In response to the region’s accelerated digital transformation, Beyond Limits seeks to empower organizations to take advantage of the transformative benefits that AI technology can offer to support in the most demanding sectors they operate in. The new office, located in Dubai Internet City, will act as a platform for the company to drive its operations in MENA.
Beyond Limits recently partnered with G42, the Abu Dhabi-based Artificial Intelligence and Cloud Computing company, where the latter led a milestone funding round to boost Beyond Limits’ scale and reach in the Middle East across other markets, and to explore synergies between the two companies in applying advanced AI solutions.
AJ Abdallat, CEO of Beyond Limits, said: “Beyond Limits is very pleased to announce its expansion to the Middle East with a new office in the UAE and to be taking this important step in building our presence in such a dynamic region. “Countries in the region are always taking bold steps to establish a culture of innovation and set AI strategies that enable the digital transformation of their economies, and Beyond Limits is committed to using advanced artificial intelligence to close the skills gap and improve human performance. I believe that we have a lot of synergy with the leading industries of the Middle East, and we look forward to exploring the new opportunities that the region represents,” he added.
Peng Xiao, Group CEO, G42 said “We are pleased to see Beyond Limits establish a regional presence in the UAE, in response to the region’s accelerated digital transformation and increasing adoption of advanced technologies. Beyond Limits’ AI capabilities will bring new levels of intelligence and efficiency to high-impact sectors in the UAE and the region, helping drive future economic growth. We look forward to collaborating and co-creating with them to further strengthen our respective offerings, drive innovation and unlock opportunities for growth and positive progress, across a wide range of industries and societies.”
LEARN MORE ABOUT BEYOND LIMITS PRODUCTS HERE.
EY today announced that AJ Abdallat, CEO of Beyond Limits is a semifinalist for the Entrepreneur Of The Year® 2020 Awards in Greater Los Angeles. The awards program recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. AJ Abdallat was selected as a semifinalist by a panel of independent judges. Award winners will be announced at a virtual awards event on Friday, October 2, 2020.
“Everyone hopes to be recognized for the passion that propels them day in and day out,” said AJ Abdallat. “Being an entrepreneur isn’t just a trade, it’s an active initiative that plays an important part in my everyday identity, disposition, and decisions. I’m honored that initiative has been acknowledged by such a prestigious program.”
Now in its 34th year, the program has expanded to recognize business leaders in more than 145 cities and more than 60 countries throughout the world.
To learn more about the Greater Los Angeles program, please visit www.ey.com/us/eoy/greaterla. Join the conversation on social media by following us @EY_EOYUS and using #EOYGLA.
Regional award winners are eligible for consideration for the Entrepreneur Of The Year National competition. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards held in November 2020. The awards are the culminating event of the Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation.
In Greater Los Angeles, local sponsors include Platinum sponsor: Marsh; Gold sponsors: Avitas Wealth Management and Tangram; Silver sponsor: Cresa; PR sponsor: Olmstead Williams Communications.
Beyond Limits is a pioneering Artificial Intelligence engineering company creating advanced software systems that go beyond conventional AI. Founded in 2014, Beyond Limits is helping companies solve tough, complex, mission-critical problems and transform their business. The company applies a unique hybrid approach to AI, combining numeric AI techniques like machine learning with knowledge-based reasoning to produce actionable intelligence. Beyond Limits primarily serves industrial customers with advanced AI systems designed to apply human-like reasoning to solve complex problems, reduce risk, increase efficiency, decrease waste, and provide analytical horsepower to accelerate executive and operator decision-making.
For more information, please visit www.beyond.ai.
Entrepreneur Of The Year® is the world’s most prestigious business awards program for entrepreneurs. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries. Please visit ey.com/eoy.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
Beyond Limits, a full-stack Artificial Intelligence software engineering company, is bringing their advanced AI solutions to Japan’s tech scene. The company recently announced a strategic partnership with system integrator REBOMIX to facilitate expansion into Japan’s market. The company also confirmed its presence at the 2019 Nikkei xTECH EXPO. As a pioneer in advanced Cognitive AI solutions for heavy industry and automotive applications, Beyond Limits leverages technology developed for NASA space missions to solve complex problems for the world’s most demanding industries. Now they are making headway to help forward-looking companies throughout Japan take their businesses to the next level in technology.
REBOMIX Partnership
Beyond Limits has partnered with REBOMIX, a Tokyo system integrator, to offer their expertise to Japan’s industrial market. REBOMIX’s consultation-centered collaboration efforts will enable Beyond Limits to gain traction for delivering powerful AI solutions by opening avenues to fresh prospects.
Beyond Limits at the 2019 Nikkei xTECH EXPO
Beyond Limits announcing their debut attendance at the Nikkei xTECH EXPO is a significant step in building the company’s footprint in the Japanese market. Beyond Limits’ Vice President of Emerging Markets, APAC – Diane Zuckerman, and the REBOMIX team will be showcasing their innovative technology at booth #2113 from October 9-11 at the Tokyo International Exhibition Center (Tokyo Big Sight).
Beyond Conventional Artificial Intelligence – Cognitive AI That’s also Explainable (XAI)
Beyond Limits powers solutions that go beyond the barriers of commonly employed conventional AI, to deliver a hybrid approach that combines numeric machine learning and deep learning techniques with higher-order symbolic AI. These Cognitive AI engines deliver human-like reasoning to provide clear, understandable solutions to complex problems. Unlike most “black box” AI techniques, Beyond Limits has pioneered “glass box” Explainable AI with encoded expert human knowledge to yield recommendations that can be understood by people and interpreted by machines.
ABOUT BEYOND LIMITS
Beyond Limits is a full-stack Artificial Intelligence engineering company creating advanced software solutions that go beyond conventional AI. Founded in 2014, Beyond Limits is transforming proven technologies from Caltech and NASA’s Jet Propulsion Laboratory into advanced AI solutions, hardened to industrial strength, and put to work for forward-looking companies on earth. Beyond Limits leverages this unparalleled innovation portfolio, along with proprietary cognitive technologies, to help companies solve tough, complex, mission-critical problems and transform their business. They apply a unique hybrid approach to AI, combining numeric AI techniques like machine learning with higher order symbolic AI and expert human knowledge to deliver intuitive cognitive reasoning and information. The result is faster, better decisions that reduce risk and increase revenue. For more information, please visit www.beyond.ai.
Media Contact:Edward YangFirecracker PRedward@firecrackerpr.com1-888-317-4687 ext. 702
The future of AI to be showcased before 1,000 venture capitalists, innovators, and executive leaders.
Beyond Limits CEO AJ Abdallat will be a key presenter at the annual Montgomery Summit in Santa Monica, California March 6-7.
Abdallat will present the company’s breakthrough approach to AI (artificial intelligence) to Montgomery’s global community of over 1,000 venture capitalists, innovators, and executive leaders. The presentation will showcase how Beyond Limits cognitive AI solutions go beyond conventional AI to solve complex business problems for the world’s most demanding industries.
Beyond Limits combines human knowledge with machine learning. Conventional “black box” approaches like machine learning, deep learning or neural networks cannot explain their reasoning. Beyond Limits delivers clear explanations of its cognitive reasoning in transparent, evidence-based audit trails, including risk and uncertainties. The company’s technology is a cognitive leap beyond conventional AI to a human-like ability to perceive, understand, correlate, learn, teach, reason and solve problems faster than existing AI solutions.
The company is transforming proven space and defense technologies from NASA and the U.S. Department of Defense into innovative solutions that address the emerging AI markets. These technologies were developed by a team of engineers at Caltech/Jet Propulsion Laboratory (JPL) over the last two decades and were funded by NASA and the Department of Defense to address their complex and far-reaching problems.
More than 2,000 private technology companies were nominated to present at the invitation-only Montgomery Summit. A select group of 140 companies were chosen, representing the most impressive and innovative companies in their fields.
“As a pioneer in artificial intelligence, we are delighted to share key innovations that our customers are using to transform their businesses. Our vision for the future is quite compelling,” said AJ Abdallat, CEO of Beyond Limits. “Because are origins are from Caltech and NASA’s Jet Propulsion Laboratory, it’s an honor to speak at the Montgomery Summit in our own backyard in Southern California.”
In addition to technology-oriented presentations from companies like Beyond Limits, Summit guests will hear from global leaders and panels of industry luminaires such as PayPal, Nasdaq, EY, JC2 Ventures, and Milken Institute. The Montgomery Summit also hosts ‘The Rise of the Female Entrepreneur’ program to highlight the growing number of female entrepreneurs, investors, and innovators. As Beyond Limits core values include diversity and inclusion, the company celebrates the fact that the program has grown to more than 450 attendees, including top female CEOs and partners from leading venture capitalist firms.
Learn more about the Montgomery Summit at https://www.montgomerysummit.com/
One of the challenges of using artificial intelligence solutions in the enterprise is that the technology operates in what is commonly referred to as a black box. Often, artificial intelligence (AI) applications employ neural networks that produce results using algorithms with a complexity level that only computers can make sense of. In other instances, AI vendors will not reveal how their AI works. In either case, when conventional AI produces a decision, human end users don’t know how it arrived at its conclusions.
This black box can pose a significant obstacle. Even though a computer is processing the information, and the computer is making a recommendation, the computer does not have the final say. That responsibility falls on a human decision maker, and this person is held responsible for any negative consequences. In many current use cases of AI, this isn’t a major concern, as the potential fallout from a “wrong” decision is likely very low.
However, as AI applications have expanded, machines are being tasked with making decisions where millions of dollars — or even human health and safety — are on the line. In highly regulated, high-risk/high-value industries, there’s simply too much at stake to trust the decisions of a machine at face value, with no understanding of a machine’s reasoning or the potential risks associated with a machine’s recommendations. These enterprises are increasingly demanding explainable AI (XAI).
The AI industry has taken notice. XAI was the subject of a symposium at the 2017 Conference on Neural Information Processing Systems (NIPS), and DARPA has invested in a research project to explore explainability.
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Beyond Limits is honored and excited to be listed in BuiltInLA’s 100 best places to work in Los Angeles for 2019! With a focus on pioneering innovation supported by a fully stocked kitchen, on-site gym, commuter benefits and more, our talented team specializes in solving tough, complex, mission-critical business problems that impact millions of people. Think you have what it takes? Check out our current career opportunities and apply to join the Beyond Limits team.
Beyond Limits was recently featured in an article from Power Engineering International, written by Matt Brown and Ravi Mahendra of Pöyry Management Consulting. Highlighting our partnership with BP, Brown and Mahendra list Investment Optimization as a key trend for the digitalization of energy in 2019. Read the full article here and explore our latest feature in the Journal of Petroleum Technology for a more in-depth look at our partnership with BP.
Want to learn more about our Cognitive AI technology in Energy? Take a look!
Beyond Limits, a leading developer of advanced artificial intelligence (AI) solutions, announced the launch of “Beyonders”, their new internship program for the next generation of cognitive artificial intelligence leaders. The company’s reputation for innovation and explosive growth has made it a top destination for some of the sharpest minds in AI. Beyonders brings together motivated data science, computer science and business students from top universities. After a rigorous recruitment process, Beyond Limits selected 19 highly qualified students to form the inaugural Beyonders class. The program’s mission is to accelerate the development of new leaders in cognitive AI. Beyonders dive deep into a two-month immersive program that gives them the unique opportunity to work directly with the only AI company with software technology developed for space missions. The comprehensive program covers a focused range of work including AI, robotics, and business strategy plus community-related activities such as a clean-up of the Los Angeles river. “Beyond Limits is a pioneering AI company. It’s part of our DNA to do things that have never been done before,” says Mario Portugal, Head of Recruitment at Beyond Limits. “It makes perfect sense for us to give qualified students a valuable opportunity to gain insight, knowledge, and experience. Beyonders are the next generation of AI pioneers.” Launched in 2014, Beyond Limits produces cognitive AI systems with human-like reasoning available for the first time to transform the performance of industrial and enterprise operations and systems. The company leverages advanced technologies developed at Caltech’s famed Jet Propulsion Laboratory (JPL) for the NASA space program, as well as breakthrough technology innovations originated by Beyond Limits scientists and engineers. Beyond Limits is the only AI company in the world with advanced technology proven in extreme environments from space missions to subsurface oil and gas exploration. Today, Beyond Limits goes beyond conventional AI, applying cognitive AI software inventions to solve complex industrial and enterprise problems, bringing cognitive advantages to energy, fintech, healthcare and logistics. Beyond Limits was selected as a Silver Stevie® Award Winner in the 2018 American Business Awards®, a winner for the Tech Trailblazers Award in the category of artificial intelligence, and has been covered in the Wall Street Journal, Financial Times, Forbes, Fortune, Entrepreneur, ZDNet and the International Business Times.
GLENDALE, Calif., Feb. 26, 2018 /PRNewswire/ — Beyond Limits, an artificial intelligence (AI) and cognitive computing company, announced today that the company has been named the winner for the Tech Trailblazers Award in the category of artificial intelligence. The Tech Trailblazers Award recognizes both established and up-and-coming startups in 16 different categories, and the win adds to the list of media accolades and industry award recognition for Beyond Limits. Beyond Limits has been named the winner for the Tech Trailblazers Award in the category of artificial intelligence. Launched in 2014, Beyond Limits is a pioneering artificial intelligence company with a unique heritage from space exploration. With 42 technologies developed for NASA’s famed Jet Propulsion Laboratory (JPL), the company offers cognitive AI and reasoning systems available for the first time for commercial use. Beyond Limits delivers cognitive solutions with the resilience, reasoning, and autonomy required by the harsh environment -of space to improve the performance of industrial and enterprise systems on Earth. Powered by Beyond Limits innovations, the company’s technology is an evolutionary leap beyond conventional AI to a human-like ability to perceive, understand, correlate, learn, teach, reason and solve problems faster than existing AI solutions. Beyond Limits delivers AI software capable of tackling complex industrial and enterprise challenges for leading global customers to transform their businesses and industrial operations. The advanced intelligence solutions developed by Beyond Limits magnify human talent, enabling people to apply their attention, experience, and their passions to solving problems that truly matter. Many pioneering JPL scientists now work at Beyond Limits, building solutions for companies in down-to-earth industries such as Oil and Gas, Healthcare, Finance, Transportation, and Logistics. “We are extremely proud and honored to be recognized as the top Artificial Intelligence company by Tech Trailblazers,” says AJ Abdallat, CEO of Beyond Limits. “Beyond Limits is tackling some of the toughest problems enterprises face; whether it’s in energy exploration, healthcare, medical research, or logistics. The technologies we bring to the table have been battle-tested in the demanding environments of space, resulting in AI solutions that are more flexible, powerful, and scalable than conventional AI.” Beyond Limits was also selected as a nominee for the 2018 Edison Awards, and has been covered in the Wall Street Journal, Financial Times, Forbes, Fortune, Entrepreneur, ZDNet and the International Business Times. The company closed a Series B with BP Ventures in mid-2017 for $20 million, and since then has rapidly expanded staffing with some of the most talented minds in the industry. About the Tech Trailblazers Awards Tech Trailblazers is a new concept in awards, designed explicitly for smaller businesses and startups under six years old or less and at C-series funding or below. The awards aim to recognize both established and up-and-coming startups. The Tech Trailblazers Awards, is supported by sponsors and industry partners including AfriLabs, Amoo Venture Capital Advisory, beSUCCESS, bnetTV, China AXLR8R, the Cloud Security Alliance, Computing, The Green Grid, GSMA, The Icehouse, Innovation Warehouse, Launchpad Europe, Lissted, MIT/Stanford Venture Lab, Mynewsdesk, The Next Silicon Valley, Outsource, Prezi, RealWire, Silicon Cape Initiative, Skolkovo, StarTau, Startup America, Storage Networking Industry Association (SNIA), Tech in Asia, TechNode, TiE Silicon Valley, Wazoku, Ventureburn and VMware. About Beyond Limits Beyond Limits is a pioneering AI company with a unique legacy from the US space program. The company is transforming proven technologies from Caltech and NASA’s Jet Propulsion Lab into advanced AI solutions, hardened to industrial strength, and put to work for forward-looking companies on earth. Beyond Limits leverages this unparalleled innovation portfolio, along with the company’s breakthrough cognitive technology, to go beyond conventional AI, blending deep learning and machine learning tools together with symbolic AIs that emulate human intuition. For more information, please visit www.beyond.ai. Media Contact: Jennifer Rodriguez Firecracker PR (888) 317-4687 ext. 703 190850@email4pr.com SOURCE Beyond Limits Related Links https://www.beyond.ai
Beyond Limits, a developer of advanced artificial intelligence (AI) and cognitive computing solutions, today announced that they have been selected as a nominee for the 2018 Edison Awards. Since 1987, the Edison Awards have recognized and honored the most innovative new products, services and business leaders in the world. The winners will be announced at the Edison Awards Gala in New York, NY on April 11, 2018.
Beyond Limits, launched in 2014, is a pioneering artificial intelligence company with a storied history in space exploration. Beyond Limits cognitive AI is inspired by the functional behaviors of the human brain to provide human-like cognition and reasoning. With 42 technologies developed for NASA’s famed Jet Propulsion Laboratory (JPL), tested and proven in programs like the Mars Rover missions, the company offers cognitive AI and reasoning systems available for the first time for commercial use. Powered by Beyond Limits innovations, the company’s technology is an evolutionary leap beyond conventional “machine” AI to a human-like ability to perceive, understand, correlate, learn, teach, reason and solve problems faster than existing AI solutions.
With technologies proven in the unknown and extreme environment of space, Beyond Limits delivers AI software capable of tackling complex industrial and enterprise challenges for leading global customers in energy, healthcare and financial services to transform their businesses and industrial operations.
Beyond Limits solutions are more flexible, powerful, and scalable than conventional AI, in a much smaller footprint, and are deployable on off-the-shelf hardware, in the cloud, on a chip, or embedded in a device.
Beyond Limits announced a Series B investment with BP Ventures, and has been mentioned in top press such as Forbes, Wall Street Journal, Fortune, Financial Times and more
“It is an honor to be selected and highlighted as an innovative company by the Edison Awards,” says AJ Abdallat, CEO of Beyond Limits. “Beyond Limits comes from the same scientific tradition as Thomas Edison, with a can-do attitude inspired by our NASA – JPL heritage of solving tough problems to benefit people around the world with cutting-edge AI solutions.”
The Edison Awards are inspired by Thomas Alva Edison, who received 1,093 U.S. patents because of his outstanding new product development methods. Award winners represent “game-changing” products and services, as well as excellence and leadership in innovation around four criteria: Concept, Value, Delivery, and Impact.
The Edison Award is a prestigious accolade, honoring excellence in new product and service development, marketing, design and innovation. The Edison Awards are an annual competition that honors innovation, recognizes achievement and celebrates success from organizations across the globe. For more information on the Edison Awards, please visit www.edisonawards.com.
About the Edison Awards Originally established in 1987 by the American Marketing Association, but an independent organization since 2008, the Edison Awards™ have recognized and honored some of the most innovative products and business leaders in the world and is among the most prestigious accolades honoring excellence in new product and service development, marketing, design and innovation. http://www.edisonawards.com/index.php
About Beyond Limits Beyond Limits is a pioneering Artificial Intelligence company based in Glendale, California, with a storied history in space and defense, notably AI technology developed at JPL that assisted operation of the Mars Rover Curiosity. From its origins at Caltech/JPL, the NASA facility in Southern California, Beyond Limits owns exclusive licenses to 42 blocks of sophisticated IP developed through NASA R&D investment, a $150 million AI technology head start.
Founded in 2014, Beyond Limits develops IP enhancements for NASA, and also drives new innovation on its mission to bring space program technology to commercial applications here on Earth. The company is a recognized AI leader with breakthrough cognitive technology that goes beyond conventional AI, binding deep learning and machine learning tools together with symbolic AIs that emulate human intuition. Beyond Limits cognitive agents are trained and deployed to solve a variety of industrial and enterprise problems in energy, fin-tech, healthcare, and logistics.
For more information, please visit our website www.beyond.ai.
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