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Saffron Technology, Inc., is a technology company headquartered in
Cary, North Carolina Cary is a town in Wake and Chatham counties in the U.S. state of North Carolina and is part of the Raleigh–Cary, NC Metropolitan Statistical Area. According to the 2020 Census, its population was 174,721, making it the seventh largest mun ...
, that develops cognitive computing systems that use incremental learning to understand and unify by entity (person, place or thing) the connections between an entity and other “things” in data, along with the context of their connections and their raw frequency counts. Saffron learns from all sources of data including structured and unstructured data to support knowledge-based decision making. Its patented technology captures the connections between data points at the entity level and stores these connections in an associative memory. Similarity algorithms and
predictive analytics Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modeling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events. In business ...
are then combined with the associative index to identify patterns in the data. Saffron’s Natural Intelligence platform was utilized across industries including
manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a ran ...
,
energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat ...
,
defense Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense indust ...
and
healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health prof ...
, to help decision-makers manage risks, identify opportunities and anticipate future outcomes, thus reducing cost and increasing productivity. Its competitors include IBM Watson and Grok.
Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 seri ...
purchased the company in 2015, then shuttered it less than 3 years later.


History

Saffron was founded in 1999 by Dr Manuel Aparicio, and Mr. James Fleming. In 2000, former National Security Advisor Admiral (Dr.)
John Poindexter John Marlan Poindexter (born August 12, 1936) is a retired United States naval officer and Department of Defense official. He was Deputy National Security Advisor and National Security Advisor during the Reagan administration. He was convict ...
joined the board with a focus of applying Associative Memory technology in the fields of National Security and Intelligence. In the first years, the company did most of its work with the
U.S. Department of Defense The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national secur ...
, including in Iraq, analysing and predicting where IED’s would be located so insurgent bombers could be proactively targeted. In 2010, the analyst firm
Gartner Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients ...
identified Saffron as a "Cool Vendor" in Information Infrastructure for Enterprise Information Management In 2011,
Forrester Research Forrester is a research and advisory company that offers a variety of services including research, consulting, and events. Forrester has nine North America locations: Cambridge, Massachusetts; New York, New York; San Francisco, California; McLe ...
highlighted Saffron Technology as the leader of associative indexing in "The Dawning of a New Age in BI DBMS". On March 3, 2014 Saffron Technology raised a round of Series B funding. In October 2015,
Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 seri ...
bought Saffron Technology for an undisclosed price. Intel offered the licensed software with engineering services contracted to develop client applications and support ongoing use. In August 2018,
Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 seri ...
discontinued the Saffron software offering and supporting engineering services. Intel never issued a press release; it either reassigned or laid off all supporting staff and redirected the original URL to one that does not acknowledge Saffron's existence


Executives

Gayle Sheppard, chairman and chief executive officer; former executive at
PeopleSoft PeopleSoft, Inc. is a company that provides human resource management systems (HRMS), Financial Management Solutions (FMS), supply chain management (SCM), customer relationship management (CRM), and enterprise performance management (EPM) softwar ...
, Pleasanton, CA. and J.D. Edwards and Company, Denver, CO. Manuel Aparicio, Ph.D., chief memory maker and evangelist, former chief scientist at IBM Knowledge Management and Intelligent Agent Center, Raleigh, NC. James Fleming, chief software engineer, former software developer at IBM Knowledge Management and Intelligent Agent Center, Raleigh, NC.


National security

During the Iraqi insurgency Saffron was used by coalition forces in Iraq to help identify entities that were defined as people, places and things involved in insurgent networks. The tool mimicked human memory by recalling associations between those people, places and things. Unlike other tools, Saffron focused on context and frequency of association. Each word representing an entity in a set of data had its own memory about all the other words it had been used in association with. In this way, the tool could learn the way humans did. Saffron was contracted by
DARPA The Defense Advanced Research Projects Agency (DARPA) is a research and development agency of the United States Department of Defense responsible for the development of emerging technologies for use by the military. Originally known as the Adv ...
to work on Project Genoa.


Industry

Saffron's Natural Intelligence platform is utilized by Global 1000 companies across industries including
manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a ran ...
,
energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat ...
,
defense Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense indust ...
and
healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health prof ...
, to help decision-makers manage risks, identify opportunities and anticipate future outcomes, thus reducing cost and increasing productivity. A Global 100 manufacturing company uses Saffron Technology in a number of operational areas to leverage past engineering decisions and business experiences, such as component and part order optimization, failure root-cause analysis, and predictive maintenance.


References

{{Reflist Computer memory companies Intel acquisitions