Quantum Leap Innovations Offers Free Subscription to Twitter Analysis Tool “Quantum Leap Buzz”

The Economic Times to Partner with Quantum Leap Innovations to Offer Daily Pattern Based Social Media Analytics to be called TwitterMeter

In the middle of 2011, UK-based Derwent Capital started a hedge fund that used a Twitter feed to fuel their market analytics. They beat the market by 50 percent in their first month of operation. While they’ve been tight-lipped about the mathematics used by their resident “quants,” it’s clear that there is serious gold to be mined in these massive streams of social media that are spraying the world like a fire hose.

Enter Pattern Based Analytics from a little-known “spook shop” in Delaware. Since 1999 they’ve been delivering millions of dollars worth of find-a-needle-in-that-haystack projects to the U.S. Department of Defense. Over $32 million, to be precise. During the 2009 H1N1 flu pandemic, their simulations showed the government it would be stupid to close the boarder with Mexico or shut down airports. They’ve been used in Iraq and Afghanistan to search for patterns in roadside bombings as well as to deploy military assets for the Navy and the Air Force. Full Article

The world of social media analytics is about to be revolutionized by a creative new program that will change the way in which social media networks and the information on them is shared. The revolutionary program called Quantum Leap Buzz is definitely going to be a game changer. In this conversation with two of the creative minds behind Quantum Leap Innovations, CEO Joseph Elad and Board of Directors Key Advisor Rick Bennett, we’ll get a peek at some of the promises that come with making a Quantum Leap in social media analytics. Full Article

AllAnalytics.com: Social media experts dream of uncovering trends on Twitter and elsewhere and perhaps even getting a sense of the public's overall mood. But sentiment analysis remains a kind of fuzzy art today, even as some companies plan to predict everything from stock market performance to brand and product reactions based on Twitter sentiments.

Pattern-based analytics could help make this dream a reality -- or at least, that's what advanced analytics vendor Quantum Leap Innovations believes. The company recently released new "pattern-recognition" software, called Quantum Leap Buzz, for beta testing. It's pitching the software for monitoring Twitter in particular. Full Article

Joseph Budner Elad has spent much of the past 12 years developing a "Pattern Based Analytics" engine, which uses a combination of statistical, mathematical, heuristic and other tools to discover patterns in data that otherwise might not be seen by different methodologies. Full Article

Quantum Leap Buzz is developed by CEO Joseph Budner Elad to help analyze tweets and pick up on trends before they even reach mainstream media. Buzz is based on similar analytics Elad helped develop for government officials to examine geo-political, world health, economic and military trends. Now, the program in beta version is free to download for anyone... Full Article

NEW YORK - He has helped the military predict where bombs will go off and worked with law enforcement to fight crime, but now Quantum Leap Innovations CEO Joseph Budner Elad wants to use his technology to help consumers.

On February 29 the Newark, Delaware, based company will release Quantum Leap Buzz, a tool that uses pattern based analytics for social media, starting with Twitter, to mine data from the huge amounts of information created on these sites every day. Full Article

NEWARK, Del.--(BUSINESS WIRE)--Quantum Leap Innovations®, developers of advanced Pattern Based Analytics™ (PBA) products, today announced the release of Quantum Leap Buzz (BETA), its desktop version of Pattern Based Discovery™ analytics for social media. It is the first-ever PBA to distil, not just filter, trending social movements from Twitter and deliver immediate intelligence which identifies and quantifies social insights. On Leap Day, February 29, 2012, the BETA version expires and users may purchase an annual subscription to Quantum Leap Buzz, Consumer Edition for $10 per year.  Full Release

Quantum Leap Innovations announced today the appointment of Michael A. Cusumano to their Board of Directors.  Michael Cusumano is the Sloan Management Review Distinguished Professor of Management at the Massachusetts Institute of Technology's Sloan School of Management, with a joint appointment in the MIT Engineering Systems Division.

"It is with great pleasure and excitement that I join the Quantum Leap board," says Dr. Cusumano. "I have known the principals in the company for many years and have closely followed the evolution of their work in data analysis.  The pattern-based analytics approach took years to develop. It significantly improves our ability to visualize and make sense of complex data sets and then apply these insights to a wide variety of business and other applications." Full Release

According to Gartner, Analytics is growing along three key dimensions:

1.From traditional offline analytics to in-line embedded analytics. This has been the focus for many efforts in the past and will continue to be an important focus for analytics.

2.From analyzing historical data to explain what happened to analyzing historical and real-time data from multiple systems to simulate and predict the future.

3.Over the next three years, analytics will mature along a third dimension, from structured and simple data analyzed by individuals to analysis of complex information of many types (text, video, etc…) from many systems supporting a collaborative decision process that brings multiple people together to analyze, brainstorm and make decisions. Full Article

Quantum Leap Innovations is extremely pleased to announce the addition of Rick Bennett to our Board of Directors.

"I have spent my entire professional life finding and mentoring companies with truly disruptive technologies," says Bennett, "I believe Quantum Leap's management has the horse power to make their unique and patentable Pattern Based Analytics software into an industry on a par with those created by Oracle and Salesforce.com. I am honored that they would invite me to be on their team."  Full Release

Gartner announced their Cool Vendors for 2011 and Quantum Leap is proud to be included as a Cool Vendor in Life Sciences.  Gartner cites the Quantum Leap Pattern Based Analytics family of products as the key factor in the decision.  Per Gartner, the Quantum Leap products bring a new level of  functionality and flexibility for Life Sciences research and development.  Several of Quantum Leap early adopters have been in Healthcare and Life Sciences and these participants are reporting successful incorporation into existing protocols as well as greater insight and discovery into datasets previously analyzed with traditional techniques. Life Sciences is one of many industries currently evaluating Quantum Leap for its applicability and usefulness. 
Full Article for Gartner members: Cool Vendors in Life Sciences, 2011
22 Apr 2011  |  ID: G00210958  |  By Lefebure & Hagemeyer

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