Annual Built In Award Recognizes Virtualitics as One of the 50 Best Startups to Work for in Los Angeles PASADENA, Calif, February 6, 2024 — Virtualitics, a leading provider of Explainable AI-driven data analytics and applications, today announced that it has received a Built In Best Places To Work Award for the third year in a row. The 2024 Built In award recognizes Virtualitics as one of the best startups to work for in Los Angeles. Each year, Built In honors companies of all sizes, awarding both remote-first employers and companies in large tech markets across the co ..read more

Industry Veterans Join High-Growth AI Leader to Accelerate Go-to-Market Scaling and Expand Strategic Focus on National Security and Governmental Solutions. Pasadena, CA – Nov. XX, 2023 – Virtualitics, Inc., an AI data analytics company, today announced the appointment of Rob Ferguson as Chief Revenue Officer and Rob Bocek as President, Public Sector. Ferguson has served in key leadership roles at prominent enterprise software companies including Salesforce, where he spent more than a decade, Oracle, and PTC. Ferguson joins Virtualitics to apply his expertise in leading go-to-market teams respo ..read more

The rise of generative AI has opened up new ways for enhanced human-machine collaboration and groundbreaking discoveries. With its power to create new content starting from a prompt, such as images, texts, audio, video, or even other types of data, generative AI has the potential to revolutionize data analysis in many diverse fields. However, despite being lauded as one of the most beneficial technological advancements in history, AI still hasn’t been widely adopted by organizations. There are three main reasons for this: Resources: One of the primary barriers to AI adoption is the scarci ..read more

Virtualitics Adds Former Intelligence Leader, Reinforcing Commitment to Serving the US Department of Defense and Intelligence Community. Pasadena, CA – November, 2023 – Virtualitics, Inc., an Artificial Intelligence and Data Exploration company, today announced the appointment of Cynthia “Didi” Rapp, a renowned former national intelligence executive, to the company’s Board of Advisors.  Virtualitics harnesses an AI platform to transform data science into actionable intelligence, enhancing operational readiness, optimizing investments, and bolstering mission support for the federal govern ..read more

Furnishing a home can be a daunting task, especially if you’re living in a place with a few funny angles and oddly shaped nooks. IKEA, the furniture retailer known for their DIY kits, can provide you with some great easy-to-assemble pieces to fill your space, but for unique layouts, prefab furniture isn’t always going to be a perfect fit. These are the times when bringing in a custom or niche-focused solution delivers the perfect fit. When you finally have all your furniture, the result will be a blend of unique and off-the-shelf pieces that all work beautifully together. Similarly, every ..read more

The answers to business problems, large and small, are there for the taking—right in your organization’s data. Yet, the quantity and types of data available for analysis have outpaced the tools most organizations have been using. A CIO.com survey found that 85% of companies are using inadequate tools to explore complex data sets. Furthermore, nearly two-thirds of data science leaders surveyed say that data exploration is held back by a lack of data science skills. While data scientists have been employing piecemeal AI techniques to wrangle their complex data for years, it’s only recently ..read more

Early this month I moderated the panel “The Implications and Opportunities of Generative AI in FS” at Corinium’s CDAO event in Boston with David Dietrich (VP, Advanced Analytics and Governance at Fidelity Investments) and Jake Katz (Head of RMBS Research and Data Science at the London Stock Exchange Group). This was a lively discussion with a really engaged audience and it really highlighted for me the squeeze that Data and Analytics leaders are facing right now between their business leaders’ demand to hop on the GenAI train and finding a practical application for it. Data science inside ..read more

Even with more data available than ever before, organizations are struggling to formulate, scope, and execute valuable, data-based projects. Not a great return on investment for all that data gathering and storage. But you already have employees who can help wade through that data to valuable insight, if you arm them with the right tools: your data analysts. When data analysts struggle to explore data then entire organizations are held back. Data-based projects don’t deliver the desired results, because the scope of data exploration doesn’t allow analysts to discover the right opportunities. W ..read more

Pasadena, CA – October 11, 2023 – Virtualitics, Inc., an artificial intelligence and data exploration company, today announced its partnership with Databricks, a Data Lakehouse Architecture and AI Company. As a Databricks Technology Partner, Virtualitics will enable Databricks customers to unlock the full potential of their data with AI-powered exploration and gain valuable insights to drive business success. With the exponential growth of data and the need to conduct increasingly complex analytics, organizations are seeking innovative solutions to extract action ..read more

Trade execution slippage can cause major problems for financial traders and investors ranging from reduced profits to a loss of confidence and portfolio damage. Repeated slippage is even worse, encouraging traders to abandon brokers or leave the market altogether. If financial institutions want to build resilient portfolios and increase confidence in their performance it’s critical that they use their data to help combat slippage. What is Trade Execution Slippage?   From a mathematical perspective, slippage is fairly simple: it’s the difference between the expected price of a trade and th ..read more