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Topic: Health Data

Published in partnership with the Health Data Consortium. The Health Data Consortium is a collaboration among government, non-profit, and private sector organizations working to foster the availability and use of health data to drive innovations that improve health and health care.

Neuroneuroscientists, tech entrepreneurs launch memory management company

December 11, 2012 12:04 am by | 0 Comments

Our memories are seemingly random: why does we retain certain facts, and not others?

For centuries, neuroscientists and academics have struggled to pinpoint the “optimal moment of review,” the moment in which we’re most likely to memorize information. As it turns out, the best time to review a fact is the second or two before we’re bound to forget it.

The problem is that calculating this moment for a vast stream of information that we encounter at different times is impossible for the human brain. But a computer can do it.

Launching today, Cerego is a memory management company that spun out of a privately-funded think tank. The cloud-based technology was developed over the course of a decade by a team of neuroscientists and tech entrepreneurs with a mission to improve the efficiency of the human learning process.

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“Our system speaks to the semantic memory: how to store information and take it out,” said Eric Young, the company’s CEO in a phone interview. “We can figure out precisely what you know and don’t know.”

The system works by constantly measuring your memory on factual items from french verbs to art history. It will predict your optimal review time with each item, and the system improves as you use it.

Young said the long-term goal is for the technology to be ubiquitously used in school and our professional lives, and it’s available for to consumers for free. To that end, Cerego competes with Mindsnacks, a San Francisco-based company that makes popular mobile learning games.

cerego

The system works by constantly measuring your memory on factual items from french verbs to art history. It will predict your optimal review time with each item, and the system improves as you use it.

The company has received a total of $18 million in funding from private individuals. Advisors include the founder of Sun Microsystems Scott McNealy, and Joi Ito, director of the MIT Media Lab.

Cerego’s founders are positioning it as an ed-tech company — it’s a business-to-consumer play. However, thus far, they have received the bulk of their revenues from businesses. In Japan, businesses have been utilizing the technology for years to help its employees learn English. Yahoo Japan is a partner, and Softbank is the largest client with 20,000 employees on-boarded to the system.

The company makes money by charging corporate users for access to its tool, which is effective for the purposes of professional development. Young said the company is experimenting with new revenue models like a subscription-based system (users will be charged to access premium “power-content” on the site), and by inviting third party publishers to contribute to Cerego’s database for a small fee.

Keen to pickup a new skill? Sign in with Facebook or Twitter, and sample some of these cool courses:

Check out the video on how it works here.

Brain image via VLADGRIN // Shutterstock


Filed under: Big Data, Business, Cloud, Dev, Enterprise

This article originally appeared on VentureBeat

Copyright 2014 MedCity News. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

By Christina Farr,

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