Nixtla named to Fast Company’s Fourth Annual Next Big Things in Tech List

We're excited and proud to share that we have been named to Fast Company’s fourth annual Next Big Things in Tech list, honoring emerging technology that has a profound impact for industries—from education and sustainability to robotics and artificial intelligence. We are honored to be chosen alongside other game-changing organizations for the FC Tech Awards.

As one of the 11 next big things in AI and data innovations for 2024, Nixtla shows how companies are deploying AI models in new ways, pushing these transformations toward real-life advances within business and science. We turn data into smarter predictions.

At Nixtla, we're the first to do for time series models what LLMs have done for language, making them accessible to anyone. Any organization that wants to perform forecasting or anomaly detection can benefit from a foundation time series model, which is a way to use machine learning to predict future events and remove uncertainty from business decisions. Nixtla’s TimeGPT has made it simple for anyone to forecast using data they already have in Excel or other systems – such as sales, revenue and inventory data - without having to hire a team of engineers to develop custom models. We make it simple for any organization to perform time-series forecasting in seconds.

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Time-series AI models process large amounts of time-stamped data to predict future events and business conditions. Nixtla (which means “time” in the Aztec language) offers a time-series model called TimeGPT that even small companies can access via an API. The model was trained on more than 100 billion pieces of financial, weather, energy, and web data, and customers can fine-tune it using their own data. The company offers open-source [tools], as well as a version for Microsoft Azure environments.

-Mark Sullivan, 11 next big things in AI and data innovations 2024

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“It’s a tremendous honor to have our time-series innovations recognized by Fast Company as groundbreaking technology that will have a profound impact on businesses,” said Max Mergenthaler, Co-Founder and CEO of Nixtla. “Nixtla’s users come from big companies and small, government agencies, nonprofits and academic institutions, and they can create insights and use data to make decisions in ways that were not possible before. Our team has worked hard to bring this technology to market and make time-series forecasting available to everyone.”

“The Next Big Things in Tech provides a fascinating glimpse at near- and long-term technological breakthroughs across a variety of sectors,” says Brendan Vaughan, editor-in-chief of Fast Company. “Spanning everything from semiconductors to agricultural gene editing, the companies featured in this year’s list are tackling some of the world’s most pressing and vexing problems."

Click here to see the final list.

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About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc., and can be found online at fastcompany.com.

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