ThinkSmart Technologies is a new company supported by an entrepreneurial team established by UCC’s Technology Transfer Office including researchers from UCC’s Cork Constraint Computing Centre (4C).
ThinkSmart Technologies has invented a system that mixes maths and artificial intelligence to analyse circumstances and speed up decision making for companies in industry sectors from treasury management through to manufacturing. The company has already secured a number of customers in the financial services, business process management and energy sectors.
UCC’s Cork Constraint Computing Centre (4C) is a world leading research centre which has fostered ThinkSmart Technologies over the last 18 months with support from Enterprise Ireland and UCC’s Office of Technology Transfer (http://techtransfer.ucc.ie) UCC has licensed its intellectual property to the company. ThinkSmart is one of a steady stream of knowledge intensive start-ups emerging from UCC following from four other spin outs in 2009.
The new venture is led by Dr Brendan O’Brien and Dr James Little. O’Brien has 20 years commercial experience in the international software and consultancy sectors and previously led a start-up to successful takeover. James Little is a leading researcher at 4C where he has led many applied industry projects over the past eight years, prior to which he worked for several years in a technical capacity for leading-edge decision support software companies in the UK.
ThinkSmart’s new technology is set to revolutionise decision-making capability in business and industry by using high performing optimisation technologies. For companies, this means better decisions all the time that save costs, increase customer satisfaction and improve resource utilisation or productivity.
ThinkSmart Technologies will be based in UCC’s advanced new incubation centre adjacent to the 4C research centre. The close location of research bases to spin-outs and early stage companies is a deliberate part of UCC’s strategy to fully support and resource the growth of high quality, sustainable, knowledge based companies.
Picture: Dr James Little, Project Principal Investigator/CTO, Thinksmart Technologies, Dr Brendan O Brien, CEO, Thinksmart Technologies and Dr Patrick Morrissey, Technology Commercialisation Manager, Technology Transfer Office, UCC.
