Veritone Launches New Division, Veritone Government, to be Led by US Government Veteran
June 19 2017 - 9:00AM
Business Wire
Artificial intelligence platform arms
government agencies with a future-proof solution for managing
audio/video data
Veritone Inc. (NASDAQ: VERI), a leading provider of artificial
intelligence (AI) insights and cognitive solutions, announced today
that it has formed a new division, Veritone Government, to provide
solutions for federal, state and local government agencies to
analyze audio and video files using the more than 65 best-of-breed
artificial intelligence engines within the Veritone Platform, and
has hired Eric Hansen, an experienced business leader in the
government analytics market, to lead strategic business development
for the new division.
As Veritone continues its expansion into new vertical markets,
Hansen will be responsible for expanding the new Veritone
Government division through the implementation of competitive
strategies, partner relations and community outreach to deliver
government agencies actionable insights from orchestrated
cognition.
Veritone Government customers can now upload large volumes of
video and audio recordings into the Veritone Platform and process
them quickly, enabling agencies and mission stakeholders to rapidly
extract actionable information for use in investigations,
monitoring and surveillance, as well as to respond more quickly and
efficiently to public record requests. Unlike many intelligence
solutions commonly available, Veritone Government equips large and
small organizations with capabilities to conduct multivariate,
generalized searches using many cognitive engines at once to create
dimensional data results.
"The Veritone Platform enables government agencies to save
thousands of hours of manual searching by using intelligent audio
and video analysis, allowing workers to focus time and resources on
more mission-critical tasks," said Eric Hansen, vice president of
Veritone Government. “Not only does it help agencies gain insight
into current data, our technology assists government customers in
key areas such as investigation and intelligence analysis, full
motion video analysis, public safety transparency, digital evidence
management, compliance and public media monitoring.”
Hansen is a business leader in the government analytics market,
focusing his passion for AI, machine learning and applied analytics
solutions to solve mission critical challenges of the US
government. Since retiring from the US Army, Hansen has held
numerous positions enabling technology and programmatic support to
a broad swath of Government agencies, including DOD, the IC, FBI,
DOJ, DHS, Transportation and Commerce.
“To gain true benefit from cognitive engines and to derive
actionable insights from audio and video data in real-time,
agencies should turn to technology, like ours, that allows them to
add dimension and context to their data,” said John Newsom,
executive vice president of Veritone and general manager for
Veritone Government. “Based on his 30 years of experience with the
federal government and software companies, we believe that Eric is
the perfect strategic business development leader for Veritone
Government.”
For more information about Veritone Government, or to learn more
about how the Veritone Platform works, visit Veritone.com.
About Veritone, Inc.
Veritone, Inc. is a leading artificial intelligence company that
has developed the Veritone Platform, which unlocks the power of
AI-based cognitive computing to seamlessly and automatically
process, transform and analyze unstructured public and private
audio and video data for clients in the media, politics, legal and
law enforcement industries. The open platform integrates an
ecosystem of best-of-breed cognitive engines and powerful
applications, which are orchestrated together to reveal valuable,
multivariate insights. To learn more about Veritone, please visit
Veritone.com.
SAFE HARBOR STATEMENT
This news release contains forward-looking statements, including
without limitation statements regarding Veritone’s expansion into
new vertical markets, including the new Veritone Government
division, the use of the Veritone Platform and the expected
benefits for customers. 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. 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.
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BLASTmedia for VeritoneMeghan Matheny, 317-806-1900
ext.115Meghan_Matheny@BLASTmedia.com
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