SOURCE: Ayasdi

Ayasdi

May 14, 2013 10:00 ET

Ayasdi Named "Cool Vendor" in Life Sciences by Gartner

PALO ALTO, CA--(Marketwired - May 14, 2013) - Ayasdi (www.ayasdi.com) today announced that it has been named as a "Cool Vendor in Life Sciences, 2013," report by Gartner, Inc.1

The 5 Cool Vendors identified in this report are not only, "Innovative, impactful, and intriguing," but they are also helping life science leaders improve their insight-driven performance by aggregating and delivering value from data.

Ayasdi's query-free approach, based on machine-learning algorithms and Topological Data Analysis (TDA), can identify interesting or unique relationships within highly complex datasets to accelerate drug discovery.

Ayasdi is currently working with 5 of the top 15 pharmaceutical companies in the world and 2 of the most important U.S. medical institutions. Customers include Merck, BN ImmunoTherapeutics, a subsidiary of Bavarian Nordic, Mount Sinai Hospital, and UCSF.

"We are honored to be named a Cool Vendor by Gartner. We fundamentally believe that our technology will help solve some of the most challenging problems in life sciences and beyond," said Gurjeet Singh, Co-Founder and CEO of Ayasdi. "Ayasdi's Iris solution provides a new approach to complement existing techniques to significantly shorten the drug discovery process, resulting in faster time to market and saving billions of dollars along the way."

"I came to Ayasdi with the goal of solving some of the most perplexing challenges in life sciences, and we are at the cusp of some great breakthroughs with our life sciences customers and collaborators," said Pek Lum, VP of Solutions and Chief Data Scientist. "With the advent of high throughput screening and next generation sequencing, pharmaceutical and biotech companies have massive amounts of information to identify clinical patient response to drug therapies. It is critical that life sciences companies and research groups find a new approach to discovery with these large and complex datasets -- which may include next generation sequencing, gene expression, clinical, and third-party data sources -- to generate impactful outcomes. That is Ayasdi's mission."

Additional Resources Available:

Ayasdi helps the world's biggest and most sophisticated organizations discover breakthroughs that change how we all live and work. People who share this passion can view Ayasdi career opportunities here.

About Gartner, Inc.'s Reports
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1 Gartner "Cool Vendors in Life Sciences, 2013," by Steven Lefebure, Dale Hagemeyer, and Michael Shanler, May 2, 2013

About Ayasdi
Ayasdi brings a pioneering approach to solve the world's most complex problems with the first Insight Discovery platform that automatically discovers insights from data. Founded in 2008 after a decade of research at Stanford, DARPA, and NSF, Ayasdi uses Topological Data Analysis (TDA) to reinvent how we find knowledge from data without asking questions, writing queries or code. By pairing hundreds of mathematical algorithms with machine powered intelligence, Ayasdi enables end users and domain experts to discover knowledge from massive datasets in seconds to minutes, often finding answers to questions that one would not know to ask of their data. Funded by Khosla Ventures and FLOODGATE, Ayasdi's customers include some of the world's largest organizations in government, financial services, oil and gas, and life sciences. To learn more, visit www.ayasdi.com or follow us @ayasdi.

Contact Information

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