ThetaRay Amongst First Third-Party Vendors to Complete GE's Predix Onboarding

Anomaly Detection Pioneer Will Present Advanced Analytics Platform at "Predix Transform 2016" Developer Event

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Jul 21, 2016, 03:04 ET

TEL AVIV, Israel, July 21, 2016 /PRNewswire/ -- ThetaRay, a leading provider of big data analytics solutions for advanced cyber security and critical infrastructure, today announced that its anomaly detection capabilities are now available as a microservice in GE's Predix services catalog. Based on ThetaRay's recently launched Advanced Analytics Platform, the offering will be on view at Predix Transform 2016 in Las Vegas, the first developer conference for Industrial IoT, from July 24-27 and the company will be participating in two panel discussions.

"Ever since GE awarded ThetaRay its Industrial Innovation Award for 'Most Innovative Industrial Internet Technology' back in October 2015, we've eagerly anticipated this day," said Mark Gazit, CEO of ThetaRay. "We are honored to be part of the Predix ecosystem, and look forward to protecting GE's industrial customers from unknown cyber threats and operational risks."

The Industrial Internet, a term coined by GE, refers to the integration of complex physical machinery with networked sensors and software to boost productivity in the industrial sector. The emergence of new security vulnerabilities in the Industrial Internet are creating a need for solutions like ThetaRay, which can protect organizations against hidden cyber threats and operational risks.

GE's Predix platform for the Industrial Internet enables developers to create applications that connect to industrial assets to collect and analyze data - delivering real-time insights for optimizing industrial infrastructure and operations. Predix employs a microservices-based delivery model for single-function services created by developers and third parties such as ThetaRay.

ThetaRay's Predix offering is one of the first third-party microservices to be made available. Its unique anomaly detection offering protects industrial companies against external threats such as unknown zero-day malware, targeted APT attacks, and sophisticated state-sponsored cybersecurity attacks, as well as operational risks like equipment failure and unplanned downtime. The ThetaRay solution supports every aspect of anomaly detection – from data processing and storage to event investigation and management – with unmatched accuracy and the lowest false positive rates in the industry.

ThetaRay's solution requires no knowledge of related business processes and can be customized for a wide range of industries and use cases. To date, it has been used to provide predictive maintenance for a diverse range of companies including a global airline, battery plant and national water treatment facility.

ABOUT THETARAY

ThetaRay is a leading provider of big data analytics solutions that detect threats and discover opportunities. The company's platform analyzes massive amounts of data for advanced cyber security, financial risk detection and operational efficiency, protecting financial services sectors and critical infrastructure against unknown threats. ThetaRay's core technology is based on state of the art algorithms, which power its proprietary Hyper-Dimensional, Multi-Domain Big Data Analytics platform. Organizations whose operations rely on highly heterogeneous and complex environments leverage ThetaRay's unmatched detection and low false positive rates as a see-all power that enables them to unify detection and uncover the unknown.

Learn more at www.thetaray.com. Follow us: @ThetaRayTeam

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Mark Prindle
+1-646-475-8446
[email protected]

SOURCE ThetaRay