A new Irish tech company that specialises in artificial intelligence to overcome the threat of cyber attacks in Internet of Things (IoT) has been launched today.
Thingbook.io is the first equipment behavioural platform able to store, compare, analyse and predict thousands of equipment behaviours at the same time. It is built using the latest streaming technology and patented machine learning algorithms which give the company the unique capability of processing up to a trillion messages per day in real time. This technology can reduce equipment downtime by up to 50% and reduce CAPEX by 30% by extending equipment lifetime.
The emerging tech start-up, Thingbook.io, created for IoT & Telecom companies, addresses poor security implementation with an Artificial Intelligence Solution designed to mitigate the risk and onslaught of cyber attacks.
In collaboration with The Institute of Technology, Blanchardstown (ITB), who supported Thingbook.io in its development stage through the New Frontiers Programme and also through the School of Informatics & Engineering, the company is set to launch a product which predicts how machines will work which identifies unusual patterns and cyber-attacks and blocks the unusual activity without human intervention.
The technology is already proven in areas including Telecom Small cells, Cybersecurity threats, Early Detection and Telecom Revenue Assurance.
Speaking today, Thingbook.io founder, Roman Ferrando said, "Undoubtedly, the IoT presents many opportunities for how we as humans can better manage our physical world. However, the application of this new digital skin and our increasing reliance on IoT technologies also presents many challenges. Thingbook.io is a specialised SME, developing sophisticated software solutions to better manage and gain insights in IoT data."
He added, "Through the use of data analytics and artificial intelligence, Thingbook.io will address some of the key challenges presented by IoT and overcome the challenges of operating billions of devices at the same time."
Source: www.businessworld.ie
