ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Veritone Achieves “Awardable” Status on DoD’s Tradewinds Solutions Marketplace with Three AI Solutions

Veritone’s AI solutions available on the DoD’s premiere AI procurement marketplace, accelerating access to investigative tools and supporting compliance with freedom of information requirements

Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced that it has achieved “Awardable” status through the Chief Digital and Artificial Intelligence Office’s (CDAO) Tradewinds Solutions Marketplace. Veritone’s Illuminate, Redact and Track applications have been added to the Tradewinds Marketplace.

The Tradewinds Solutions Marketplace is the premiere offering of Tradewinds, the Department of Defense’s suite of tools and services designed to accelerate the procurement and adoption of Artificial Intelligence (AI)/Machine Learning (ML), data and analytics capabilities from organizations including Veritone.

Veritone’s solutions now available on Tradewinds include:

Illuminate: an AI-powered investigative and analytics tool that helps organizations search, analyze and manage vast amounts of video, audio and text-based data. It aids legal, compliance and investigative teams that need to quickly process structured and unstructured data for litigation, regulatory reviews and internal investigations.

Redact: an AI-powered redaction solution that automates the redaction of sensitive information within audio, video and image-based evidence. It is widely used by law enforcement, legal teams, media organizations and government agencies to comply with privacy laws and public records requests (FOIA).

Track: an AI-powered digital video analytics tool that enables tracking of individuals and vehicles across multiple video sources at scale, offering speed and accuracy in investigative efforts without relying on personally identifiable information (PII).

"Achieving ‘Awardable’ status on the Tradewinds Solutions Marketplace is a testament to Veritone’s commitment to delivering AI solutions that enhance national security, investigative workflows and intelligence operations," said Ryan Steelberg, chairman, president and chief executive officer, Veritone. "By streamlining access to our technology, we are empowering defense and law enforcement agencies with the tools they need to rapidly analyze, manage and act on critical data with speed, accuracy and security."

Veritone Illuminate, Redact and Track are part of Veritone’s Intelligent Digital Evidence Management System (iDEMS), a comprehensive purpose-built applications suite for the public sector that leverages AI to streamline the management and analysis of digital evidence, providing customers with powerful investigatory tools to handle vast amounts of data quickly and accurately. iDEMS is built on Veritone’s aiWARE™ platform, which is deployed in FedRAMP on AWS and Microsoft Azure and can be leveraged by DoD customers within their public cloud tenant or in their secure data center. aiWARE is an AI operating system that intelligently and securely orchestrates hundreds of best-of-breed cognitive and generative models in a single solution to transform extensive volumes of unstructured data, including video and audio, into actionable insights.

The agreement marks another milestone in Veritone’s expanding role within U.S. federal civilian and defense agencies, building upon the Company’s previously announced Test and Evaluation Services Blanket Purchase Agreement with the DoD, Sole-Contractor Blanket Purchase Agreement with the Department of Justice and Carahsoft’s GSA IT Schedule 70 contract.

To learn more about Veritone’s Public Sector solutions, visit: https://www.veritone.com/solutions/public-sector/

About Veritone

Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Veritone’s software and services empower individuals at the world’s largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone’s leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit Veritone.com.

Safe Harbor Statement

This news release contains forward-looking statements. 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 Veritone. Certain of such judgments and risks are discussed in Veritone’s SEC filings. Although Veritone believes 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 Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no 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.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.