UBIX, a next-gen analytics company, today announced the appointment of Cleve Adams as Chief Executive Officer. Adams is a highly successful technology industry veteran who has been named one of the top 50 non-technical founders in tech industry history by The Huffington Post. Five times Adams has served as CEO managing companies from pre-revenue to over $1 Billion for VC/PE firms. Each time leading to successful ventures for customers and investors, delivering an average return to investors of 21x.
“We are thrilled to add a veteran industry leader to our growing team and mission,” said John Burke, Chairman and Board Member at UBIX. “Cleve has more than 20+ years of senior management, operations, sales and marketing experience in security software, SaaS/Cloud, big data, IoT, and healthcare software and has raised over $80M from tier-one VC’s for multiple companies.”
“I’m excited to lead UBIX team in addressing the most urgent challenges of enterprise AI adoption, innovation, and impact. UBIX is unique in delivery of a cognitive, AI-as-a-service offering that will overcome talent scarcity, fragmented processes, and gaps in big data and data science tools,” said Adams.
Worldwide spending on artificial intelligence (AI) systems is forecast to reach $35.8 billion in 2019, an increase of 44.0% over the amount spent in 2018. With industries investing aggressively in projects that utilize AI software capabilities, the International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Systems Spending Guide expects spending on AI systems will more than double to $79.2 billion in 2022. The same report detailed “organizations see continuing challenges with staffing, data, and other issues deploying AI solutions.”
Doug Barton will lead the company’s focus on customer advocacy and growth as President and Chief Customer Officer.
About UBIX
UBIX offers a cognitive, AI-as-a-service platform that empowers users of all skill levels to develop and deploy open-source, big, fast data architecture and data science pipelines faster and better than ever. Our patented data shaping and patent-pending learning engine are trained by each input, interaction, and outcome; growing in knowledge and impact over time. Together, we improve productivity, creativity, eliminate errors, support governance, and ultimately accelerate time to value. UBIX is privately funded and based in Orange County, CA. For more information, visit http://www.ubix.ai.