Numenta today announced it has been selected as one of the four Big Ideas companies to be featured at the GigaOM Structure:Data conference March 20-21 in New York City. Numenta CEO Rami Branitzky will give an on-stage introduction of Grok, the company’s first product, on March 20 at 5:20 p.m.

Grok brings together Numenta’s R&D in biologically inspired machine intelligence software with a scalable infrastructure for acting on fast data. The Grok platform ingests data streams and creates predictions in real time, making it suitable for fast data.

“Machine generated steaming data is exploding. It has a short half-life and is constantly changing,” said Branitzky. “To date, the focus in the area of Big Data has been on machines to store and process data, with a short supply of data scientists to analyze and act on it. To best leverage fast data, we believe you must have systems that model and learn from data automatically and use the results to drive automated actions. That’s what Grok was designed to do. “

“The GigaOM editorial team hand picked four companies and speakers who embody great ideas that are shaping our industry for the Big Ideas session, and our editors are excited to have Numenta as one,” said Surj Patel, GigaOM’s Vice President for Events.

Grok solutions currently are in private beta with customers in a variety of vertical markets, including electric energy, IT management, online advertising and finance. Numenta recently announced EnerNOC, Inc. as one of its first customers - entering a partnership that couples Numenta’s Grok streaming analytics solution with EnerNOC’s cloud-based software to create opportunities for demand response and increased ability to detect energy efficiency faults and anomalies.