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Intel, Samsung Invest in Analytics Software Firm; Dave Flanagan Comments

Intel, Samsung Invest in Analytics Software Firm; Dave Flanagan Comments - top government contractors - best government contracting event

IntelLogoIntel and Samsung have invested in Expect Labs, which is developing a technology that aims to analyze data in real-time to provide relevant information, according to an Inquirer article.

Lawrence Latif says the latest investments will help Expect Labs build its analytics and big data software and market the platform across different industries and countries.

“We are entering an era where the computing devices in our lives will not only be able to understand what we say, but they will also do a much better job anticipating the information we may need,” Intel Capital’s Dave Flanagan said

Other investors in the company include Telefonica, Google, KPG Ventures and Greylock.

Brannon Lacey, principal at Samsung Venture Investment Corp., suggests Expect Labs’ approach may help in creating a new generation of applications and device intelligence.

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Written by David J. Barton

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