GLENDALE, Calif., Jan. 2, 2018 /PRNewswire/ -- 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 honor innovation, recognize achievement and celebrate 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.