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Press Releases

Lexalytics® Unveils Magic Machines™ AI Labs to Drive Innovation in Building and Managing Artificial Intelligence

In Partnership with Northwestern and UMass, Magic Machines™ Will Address Some of the Biggest Problems Facing Data Science Today Boston, MA—January 25, 2017Lexalytics®, the leader in cloud and on-prem text analytics solutions, announced today that it is unveiling the Magic Machines™ AI Labs in Amherst, MA, to speed innovation in artificial intelligence (AI). In stealth […]

In Partnership with Northwestern and UMass, Magic Machines™ Will Address Some of the Biggest Problems Facing Data Science Today

Boston, MAJanuary 25, 2017

Lexalytics®, the leader in cloud and on-prem text analytics solutions, announced today that it is unveiling the Magic Machines™ AI Labs in Amherst, MA, to speed innovation in artificial intelligence (AI). In stealth mode for the past year, Magic Machines has been focusing on “force-multiplying” AI technologies. These breakthrough technologies researched by Magic Machines are already accelerating Lexalytics’ product development cycle. Over the coming months, Lexalytics will announce products that enable data scientists to handle more projects and empower business intelligence users to shape AI.

Lexalytics has also partnered with two leading academic institutions dedicated to the advancement of data science and marketing technology: University of Massachusetts Amherst’s Center for Data Science and Northwestern University’s Medill School of Journalism, Media and Integrated Marketing Communications. Through its affiliation with UMass, Lexalytics will work with faculty and students on the underlying challenges of analyzing, visualizing and drawing insights from massive volumes and varieties of data. At the other end of the problem, Northwestern and Lexalytics will partner to ensure the usability and applicability of Magic Machines AI technologies to a broad set of business users.

Acquiring and retaining strong scientific and analytics talent is still an issue for many companies. Magic Machines AI Labs will focus on “force-multiplying” technologies in five primary areas of research, each carefully chosen to maximize automation of building an application-specific AI. These include: Swarm Intelligence/Emergent Behavior, Adaptive AI, Algorithmic Coordination, Transfer Learning and Meta-Learning.

“Smart machines need to be properly set up, maintained and continuously governed if they are to be of maximum benefit to the enterprise,” according to Gartner’s November 2016 Predicts 2017 Artificial Intelligence report. Magic Machines is working towards intelligent automation of these processes, so data scientists can more efficiently apply their time and business analysts can shape the resultant AI systems.

“Lexalytics has a long history and deep expertise in building and deploying thousands of machine-learning models as part of our market leading text analytics toolkits,” said Paul Barba, Chief Scientist, Lexalytics. “Text analytics is an AI-hard problem, meaning that we have solved some of the most difficult AI-related challenges around. After over a year of working quietly on Magic Machines technologies, we’re happy with our results, and ready to catapult innovation in AI even further.”

Lexalytics has had a long-standing informal relationship with the College of Information and Computer Sciences (CICS) at UMass Amherst. CICS faculty members are internationally known for their scientific achievements in the many specialized disciplines now referred to collectively as data science. In 2015, UMass Amherst created the Center for Data Science to catalyze and drive innovation in data science education and research, making the university a natural Lexalytics Magic Machines partner. “Our goals are to establish UMass as a leading public academic institution delivering excellence in data science education, research and industry collaboration, and to thoroughly prepare our students to meet industry demand for highly qualified data scientists,” said Brant Cheikes, Executive Director, Center for Data Science, UMass Amherst. “We’re thrilled to deepen our partnership with Lexalytics and collaborate with them to overcome their hardest data science challenges.”

Northwestern’s Medill School of Journalism, Media and Integrated Marketing Communications is dedicated to educating a new breed of fully digitally-aware executives, business people, entrepreneurs and journalists. “Lexalytics has been instrumental in educating our graduate students, and thousands of others who access our classes on Coursera,” said Randy Hlavac, Director, Medill School of Journalism, Media and Integrated Marketing Communications, Northwestern University. “At Medill, we have a strong pool of graduate students, business leaders and faculty. Our people will work with Lexalytics to ensure that the technologies and products that emerge from the Magic Machines AI Labs have maximum business impact with minimum hassle.”

For more information on the Lexalytics® Magic Machines™ AI Labs, including a brief overview of technologies like Swarm Intelligence and Transfer Learning, please visit the Lexalytics ® Magic Machines™ Artificial Intelligence Labs webpage.

About UMass Amherst

The University of Massachusetts Amherst, founded in 1863, is the flagship of the five-campus UMass system. Home to the Commonwealth Honors College, UMass Amherst incorporates modern teaching methods involving new communication and information technology, yet remains an immersive, residential campus serving more than 22,000 undergraduate and approximately 6,300 graduate students across a comprehensive array of academic programs. True to its land-grant roots, UMass Amherst is engaged in research and creative work in all fields and is classified by the Carnegie Foundation for the Advancement of Teaching as a doctoral university with the “highest research activity” or R1. Major areas of emphasis include climate science, food science, alternative energy, nanomanufacturing, polymer science, computer science and linguistics. Together, students and faculty are deeply engaged in collaboration with communities — both regional and international — to improve their social and economic conditions.

 

About Northwestern University Medill School

Medill, a leader in education since 1921, offers programs in journalism and integrated marketing communications that combine enduring skills and values with new techniques and knowledge that are essential to thrive in today’s digital world. Medill has a long-standing reputation for academic excellence. As the media industry experiences unprecedented change, Medill leads the way. The school’s graduate and undergraduate programs are educating a new generation of multimedia journalists and integrated marketing communications professionals who are not only thriving in this evolving media landscape but also helping to shape it.

About Lexalytics®

Processing billions of unstructured documents every day globally, Lexalytics is the industry leader in translating text into profitable decisions. Lexalytics deploys state-of –the-art cloud and on-prem text and sentiment analysis technologies that transform customers’ thoughts and conversations into actionable insights. The on-premise Salience® and SaaS Semantria® platforms are implemented in a variety of industries for social media monitoring, reputation management and voice of the customer programs. Based in Boston, MA, Lexalytics has offices in the US and Canada. For more information, please visit www.lexalytics.com, email sales@lexalytics.com or call 1-617-249-1049. Follow Lexalytics on Twitter, Facebook, and LinkedIn.

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Other Press Releases

2017-10-24 Lexalytics® Recognized in Gartner 2017 Hype Cycles for Data Science and Machine Learning, Analytics and Business Intelligence, Imaging and Print Services and Life Science Research and Development
2017-06-15 Lexalytics® Releases New Text Analytics Software for Retailers to Improve Online Shopping Experience
2017-04-05 New Software from Lexalytics® Helps Human Resources Departments Design More Effective Voice of the Employee Programs
2017-01-25 Lexalytics® Unveils Magic Machines™ AI Labs to Drive Innovation in Building and Managing Artificial Intelligence
2016-11-02 Lexalytics’ New Survey Analysis Tool for Customer Loyalty/Sales
2016-10-14 Lexalytics Improves Text Analytics with New Machine Learning
2016-08-01 Semantria Text Analytics Platform Available on Microsoft Azure
2016-07-20 Lexalytics® Simplifies Pharmaceutical Market Research and VOC
2016-07-08 Lexalytics® to Present on NLML at Sentiment Analysis Symposium
2016-04-06 Lexalytics® NLP & Sentiment Analysis for Android™ Social Media
2016-01-26 Lexalytics® Brings Text and Sentiment Analytics to Mac®
2015-12-15 Lexalytics®’ Text Analytics Software Airlines Industry Pack
2015-12-03 Lexalytics®,Text Analytics Presenters Gilbane Conf. 2015
2015-11-23 Lexalytics® Adds Polish Language Support
2015-10-21 Lexalytics® Hospitality/Restaurant Industry Packs Simplify CEM
2015-09-29 Lexalytics Adds Danish, Norwegian and Swedish
2015-06-03 Lexalytics® Enhances Feature-Rich Salience® Analytics Software
2015-05-12 Lexalytics® Unveils Text Mining and Sentiment Analysis Wizard
2015-04-23 Lexalytics to Present at Text by the Bay Conference
2015-04-15 Lexalytics’ Adds Arabic, Russian, and Dutch
2014-12-08 Lexalytics Adds to Text Analytics, Includes Intention Analysis
2014-11-06 Lexalytics Launches Pain-Free Text Mining Customization
2013-10-23 Lexalytics Announces Availability of Salience in Chinese
2013-09-04 Lexalytics to Sponsor Brighton Data Storytelling Hackathon
2013-06-20 Lexalytics Announces Availability of Salience 5.1.1
2013-04-25 Semantria & Lexalytics Give API Access for Viafoura Hackathon
2012-11-08 Lexalytics Announces Portuguese Native Phrase-Based Sentiment
2012-10-17 Lexalytics Announces Spanish Native Phrase-Based Sentiment
2012-06-14 HStreaming & Lexalytics Deliver Text Analytics for Big Data
2012-06-12 Lexalytics & FutureEverything Capture Opinion of 2012 Olympics
2012-05-31 Lexalytics Announces Speakers for Upcoming User Conference
2012-05-31 Angoss Software and Lexalytics Form Partnership
2012-04-04 Lexalytics Powers New Bitly Reputation Monitoring Service
2011-04-12 Lexalytics Announces Salience 5.0
2011-03-07 MediaVantage & Lexalytics Offer Multi-Lang Sentiment Analysis
2010-12-07 Lexalytics Predicts 2011 Text/Sentiment Analysis Market
2010-11-29 DataSift Taps Lexalytics to Help “Tune Your Data”
2010-09-20 Lexalytics Unveils Sentiment Analysis of Emoticons, Acronyms
2010-06-30 Lexalytics Releases Salience 4.3
2010-05-24 Lexalytics Expands into New Markets
2010-05-16 Lexalytics Moves to Boston
2010-05-04 bit.ly to Join Lexalytics at 6th Text Analytics Summit
2010-03-23 Lexascope Web Service for Social Media/Sentiment Analysis
2010-03-09 Lexalytics Discusses Text & Sentiment Analysis Trends
2009-10-20 Lexalytics, Inc. Joins Endeca Extend Partner Program
2009-06-24 Lexalytics to Provide Text Analytics for First Coverage
2009-04-05 Lexalytics’ Salience 4.1 with Entity Management Toolkit
2008-10-21 Salience 4.0 With Improved Entity Extraction/Sentiment Scoring
2008-10-09 Lexalytics Unveils The “ExecDex” Who’s Hot Ranking System
2008-10-01 Lexalytics Hires VP of Engineering
2008-09-21 Market Intelligence Co’s Use Lexalytics Sentiment Analysis
2008-09-07 Lexalytics signs Conversition and mBLAST
2008-09-02 Market Intelligence Tool Harnesses Text Analytics
2008-07-27 Infonic Merges its Text Analytics Business with Lexalytics
2008-05-19 Lexalytics Named 2008 MITX Technology Awards Finalist
2008-03-16 CEO, Jeff Catlin, New Communications Forum 2008 Speaker
2008-02-25 2008 Presidential Campaign Blog Sentiment Survey
2008-01-14 SmartBrief to Integrate Lexalytics Classification Solution