Dec 12, 2010
Recorded Future, a startup jointly funded by CIA and Google, has developed a temporal analytics engine that elaborates real-time data from the Internet to predict what will happen in the future.
That is done using a constantly updated index of “streaming data,” including news articles, filings with government regulators, Twitter updates, and transcripts from earnings calls or political and economic speeches. Recorded Future uses linguistic algorithms to identify specific types of events, such as product releases, mergers, or natural disasters, the date when those events will happen, and related entities such as people, companies, and countries.
The company says its temporal analytics engine “goes beyond search” by “looking at the ‘invisible links’ between documents that talk about the same, or related, entities and events.” The idea is to figure out for each incident who was involved, where it happened and when it might go down. Recorded Future then plots that chatter, showing online “momentum” for any given event.