NT Concepts, a leading provider of National Security solutions, has partnered with artificial intelligence (AI) and cognitive solutions pioneer Veritone®, Inc. (NASDAQ: VERI). The strategic alliance enables NT Concepts to deliver the Veritone aiWARE™ platform to federal customers and leverage next-generation commercial AI technology for highly accurate, timely intelligence at scale.
Veritone aiWARE™ outperforms single-point AI solutions in agency use today by intelligently routing content through a continuously-expanding environment of cognitive engines. In the area of natural language processing, the platform automatically predicts the accuracy of each engine output and selects the best engine, or group of engines, to process the entire file, or segment of the file, and applies multiple engines as needed.
The orchestration of hundreds of hyper-trained, learning AI engines iteratively optimizes data accuracy and performance while reducing cost and processing time. Additionally, the “plug and play” nature of the open platform allows for easy integration of new AI technologies into both the engine and application ecosystem, as well as the current analyst workflows, effectively future-proofing agency investments.
“Our partnership with Veritone extends our continued commitment to deliver next-tier thinking and proven commercial technology to Government. We’re using Veritone AI to go beyond simple automation to bringing our customers incredibly powerful orchestrated AI ecosystems that generate precision-point data they can trust,” said Darin Powers, President and COO of NT Concepts. “NT Concepts and Veritone will continue to expand the use of AI across enterprise portfolios to enable forward-looking decisions and confidently address critical defense concerns.”
“We are pleased to team with NT Concepts as they help deliver Veritone aiWARE™ to federal agencies. By employing our fully-integrated best-of-breed cognitive engines and potent applications, Government will make significant progress toward removing content silos, accelerating mission requirements, and identifying new opportunities to serve and safeguard citizens,” said Ryan Steelberg, President of Veritone.
The application of the Veritone technology to generate solid intelligence within the National Security community is game-changing. Analysts can quickly and accurately analyze massive volumes of data and identify specific faces, license plates, words, locations, and more – within minutes instead of hours. aiWARE™ is hosted in virtually any environment.
For more information, visit aiforgovernment.com.
About NT Concepts:
NT Concepts is a trusted technology-driven solution innovator. We work on the most sensitive and mission-critical programs in National Security. We provide our clients highly differentiated solutions in business operations, advanced analytics, geospatial intelligence, digital platforms and services, and security. We view every challenge as an opportunity to make operations run better, faster, with less risk and cost so our customers can make critical decisions with confidence. NT Concepts holds numerous flexible contracting vehicles to facilitate access to advanced commercial digital technology and significantly reduce “time to government.” Founded in 1998 and headquartered in the Washington DC Metro area, our customers span the Federal Civilian, DoD, and Intelligence Community markets. Connect with us at ntconcepts.com or follow us @NTConceptsInc.
Veritone (NASDAQ: VERI) is a leading artificial intelligence company that has developed aiWARE™, an AWS-certified platform offering orchestrated, cognitive computing to transform and analyze structured and unstructured data for clients in a variety of markets, including media and entertainment, legal, compliance and government. The open platform integrates an ecosystem of cognitive engines, which can be orchestrated together, and a suite of proprietary applications, to reveal unprecedented, multivariate insights from linear files such as radio and TV broadcasts, surveillance footage and public and private content globally. Veritone is the presenting sponsor of the Artificial Intelligence Marketplace at CES and has been recognized by Oracle for Excellence in Application Development. To learn more, visit Veritone.com and interact with us on Twitter and LinkedIn.
Safe Harbor Statement:
This news release contains forward-looking statements, including without limitation statements regarding the parties’ new business relationship, potential Government applications for Veritone’s aiWARE™, and the expected benefits to Veritone, NT Concepts and their respective customers. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of NT Concepts and Veritone. Although NT Concepts and Veritone believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by NT Concepts and Veritone or any other person that their objectives or plans will be achieved. Neither NT Concepts nor Veritone undertakes any obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.