Morten Middelfart

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Morten Middelfart
Born (1970-10-02) October 2, 1970 (age 53)
Education Aalborg University (PhD.),
Rushmore University (PhD.),
Henley Management College (MBA)
Occupation(s)Inventor, entrepreneur
Known forCofounding Lumina Analytics and inventing the Radiance AI platform
Developer of TARGIT Business Intelligence software
TitleChief Data Scientist/Co-founder of Lumina Analytics

Morten Middelfart (born October 2, 1970) is an American serial entrepreneur, inventor, and technologist. He is known for inventing the Lumina Analytics Radiance AI platform, as well as the TARGIT software for business intelligence and analytics. Middelfart is currently the founder/Chief Data Scientist of Lumina Analytics, Advisory CIO of Genomic Expression and founder of Social Quant. Middelfart holds seven U.S. patents for his work in business intelligence and analytics software.

Contents

Education and academic path

Middelfart holds a PhD from Aalborg University, a PhD from Rushmore University, and an MBA from Henley Management College. His research concentrates on "human-computer synergy", [1] Big Data, and how computing power and human interaction can be used to make faster, more effective decisions in general. [2] [3] [4] [5] [6]

Middelfart is the author of two books as a function of this research, namely: CALM: Computer Aided Leadership & Management and Sentinel Mining. In addition, he is the co-author of the books: Enabling Real-Time Business Intelligence and Business Intelligence.

Middelfart's work has been cited in work dedicated to exploring knowledge base inspection. [1] He has also published several peer-reviewed articles that outline his philosophy and technological developments in detail. [2] [3] [4] [5] [6]

Middelfart has been guest lecturer at Information Technologies for Business Intelligence Doctoral College, [7] Third European Business Intelligence Summer School, [8] and Alborg University. [9]

Early entrepreneurship

Middelfart founded an analytics company, Morton Systems, in 1996, and became CTO of TARGIT following TARGIT's acquisition of his business in 1997. After the acquisition, TARGIT transitioned from reselling enterprise software systems to developing and selling business intelligence and analytics software. [10] In 2014, Middelfart left TARGIT and founded Social Quant, [11] a social media optimization service. In 2015, Middelfart joined Genomic Expressions, which uses data analytics to offer treatment ideas for cancer patients. [12]

Middelfart has been a supporter of entrepreneurship in the movie industry by joining the board of Folio. [13]

Lumina Analytics and Radiance

In 2015 Middelfart cofounded Lumina Analytics, which uses artificial intelligence and machine learning technologies to uncover corporate risk by sifting through massive amounts of information. [14] Lumina’s Radiance platform is a disruptive search technology that automates internet searches to identify risks and threats through initial vetting and continuous monitoring of employee or customer behavior.

In 2020, Lumina was recognized by Goldman Sachs as one of the top 100 Most Intriguing Entrepreneurs in the World. [15] During the global COVID-19 pandemic, Lumina assisted by directing its Radiance platform to help identify future hot-spots of the virus. [16]

In March 2021 Middelfart and Lumina were featured in a Forbes article addressing the global digital revolution and various countries' roles within that transformation. Middelfart discussed the vision of Lumina and the need to have the "end game" in mind from the beginning. [17]

Patents and inventions

Middelfart holds seven U.S. patents [15] [16] [18] [19] [20] [21] [22] His inventions pertain primarily to graphical representation of OLAP-structured of data within a business intelligence and analytics platform, methods of retrieving data from the platform, and the processing of natural language and multi-lingual queries to the data warehouse through the platform. [23] [24]

Middelfart has one patent application pending with the U.S. Patent and Trademark Office, focused on the intelligent processing of user queries in natural language into a business intelligence platform.

In addition to his patents, Middelfart's work incorporates the OODA loop process within business intelligence and data warehousing. [25] The concept, as first developed by USAF Colonel John Boyd, describes the way individuals and organizations gather information, decide on a course of action based on that information, and carry out the decision.

Related Research Articles

Online analytical processing, or OLAP, is an approach to answer multi-dimensional analytical (MDA) queries swiftly in computing. OLAP is part of the broader category of business intelligence, which also encompasses relational databases, report writing and data mining. Typical applications of OLAP include business reporting for sales, marketing, management reporting, business process management (BPM), budgeting and forecasting, financial reporting and similar areas, with new applications emerging, such as agriculture.

Business Objects was an enterprise software company, specializing in business intelligence (BI). Business Objects was acquired in 2007 by German company SAP AG. The company claimed more than 46,000 customers in its final earnings release prior to being acquired by SAP. Its flagship product was BusinessObjects XI, with components that provide performance management, planning, reporting, query and analysis, as well as enterprise information management. Business Objects also offered consulting and education services to help customers deploy its business intelligence projects. Other toolsets enabled universes and ready-written reports to be stored centrally and made selectively available to communities of the users.

Essbase is a multidimensional database management system (MDBMS) that provides a platform upon which to build analytic applications. Essbase began as a product from Arbor Software, which merged with Hyperion Software in 1998. Oracle Corporation acquired Hyperion Solutions Corporation in 2007. Until late 2005 IBM also marketed an OEM version of Essbase as DB2 OLAP Server.

<span class="mw-page-title-main">Hyperion Solutions</span> American software company

Hyperion Solutions Corporation was a software company located in Santa Clara, California, which was acquired by Oracle Corporation in 2007. Many of its products were targeted at the business intelligence (BI) and business performance management markets, and as of 2013 were developed and sold as Oracle Hyperion products. Hyperion Solutions was formed from the merger of Hyperion Software and Arbor Software in 1998.

IBM Planning Analytics powered by TM1 is a business performance management software suite designed to implement collaborative planning, budgeting and forecasting solutions, interactive "what-if" analyses, as well as analytical and reporting applications.

Applix Inc. was a computer software company founded in 1983 based in Westborough, Massachusetts that published Applix TM1, a multi-dimensional online analytical processing (MOLAP) database server, and related presentation tools, including Applix Web and Applix Executive Viewer. Together, Applix TM1, Applix Web and Applix Executive Viewer were the three core components of the Applix Business Analytics Platform.

<span class="mw-page-title-main">Dundas Data Visualization</span> Software company in Canada

Dundas Data Visualization, Inc. is a software company specializing in data visualization and dashboard solutions. In addition to developing enterprise-level dashboard software, Dundas offers a professional services group that provides consulting and training.

The following tables compare general and technical information for a number of online analytical processing (OLAP) servers. Please see the individual products articles for further information.

Pentaho is business intelligence (BI) software that provides data integration, OLAP services, reporting, information dashboards, data mining and extract, transform, load (ETL) capabilities. Its headquarters are in Orlando, Florida. Pentaho was acquired by Hitachi Data Systems in 2015 and in 2017 became part of Hitachi Vantara.

TARGIT A/S is a Danish business intelligence (BI) and analytics software developer based in Aalborg, Denmark, with American subsidiary TARGIT US Inc., based in Tampa, as well as distribution offices in more than 12 countries worldwide.

Allan Weiss is an American financial analyst and economist who is the founder and CEO of Weiss Analytics. He is co-founder and former CEO of Case Shiller Weiss, producer of the Standard & Poor's Case–Shiller index, which was acquired by Fiserv in 2002. Weiss is also co-founder and CEO of Valshield Inc. He serves on the board and advises several real estate investment companies focussing on single family and multi-family properties.

<span class="mw-page-title-main">Hatim Zaghloul</span> Canadian-Egyptian inventor (born 1957)

Hatim Zaghloul Ph.D., M.Sc., B.E.E. is best known for his inventions, together with his long-time friend, Dr. Michel Fattouche of Wideband Orthogonal Frequency Division Multiplexing (WOFDM), and Multi-code Direct-sequence Spread Spectrum (MCDSSS). WOFDM is the foundation for the IEEE 802.11a/g/n technologies whereas MCDSSS helped increase the data rates of code division multiple access (CDMA) technologies as in the CDMA2000 standard. Currently, Dr. Zaghloul is the CEO and Chairman of Innovatian Inc., Giza, Egypt, a company specializing in building wireless data networks in unconnected countries through WiFi and blockchain. Dr. Zaghloul is also the co-founder and Chairman of Hikmah Capital Ltd. a company specializing in the development, marketing and management of financial technology solutions., Calgary, Alberta, Canada. He co-founded with Michel Fattouche, to commercialize their patented WOFDM technology. He founded and co-founded a number of hi-tech companies such as Cell-Loc Location Technologies Inc., a company he co-founded with Michel Fattouche to commercialize a cellular telephone location determination/tracking technology.

<span class="mw-page-title-main">David T. Hon</span>

David T. Hon is a Hong Kong-born American physicist, inventor and entrepreneur. He is best known as the inventor and founder of Dahon folding bicycles. Dahon has since grown to become the world's largest manufacturer and marketer of folding bikes with Hon still CEO to this day.

<span class="mw-page-title-main">Jedox</span> Business software

Jedox is an Enterprise Performance Management software which is used for planning, analytics and reporting in finance and other areas such as sales, human resources and procurement. Its core is a cell-oriented, multi-dimensional in-memory OLAP database that has been especially designed for budgeting and forecasting, and data consolidation. The software has a modular Software as a Service platform. It uses Microsoft Excel as its user interface and a Jedox-specific spreadsheet, both browser independent. Jedox is developed by the software provider of the same name.

<span class="mw-page-title-main">Adam Cahan</span> American consumer technology executive

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Corma Inc. is a manufacturer of corrugated plastic pipe production systems headquartered near Toronto, Canada. The company's headquarters and principal manufacturing plant are located in Concord, Ontario. Corma also maintains its own aluminum alloy foundry, located in Forest, Ontario, where it forms the mold blocks used in its corrugators.

<span class="mw-page-title-main">Arcplan</span> Business intelligence software company

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<span class="mw-page-title-main">Force Touch</span> Force-sensing touch technology developed by Apple Inc.

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<span class="mw-page-title-main">Apache Kylin</span> Open-source distributed analytics engine

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Kyvos is a business intelligence acceleration platform for cloud and big data platforms developed by an American privately held company named Kyvos Insights. The company, headquartered in Los Gatos, California, was founded by Praveen Kankariya, CEO of Impetus Technologies. The software provides OLAP-based multidimensional analysis on big data and cloud platforms and was launched officially in June 2015. In December the same year, the company was listed among the 10 Coolest Big Data Startups of 2015 by CRN Magazine.

References

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  2. 1 2 "Using Sentinel Technology in the TARGIT BI Suite" (PDF). Comp.nus.edu.sg. Retrieved 20 November 2014.
  3. 1 2 Middelfart, Morten; Bach Pedersen, Torben (2011). "The Meta-Morphing Model Used in TARGIT BI Suite". Advances in Conceptual Modeling. Recent Developments and New Directions. Lecture Notes in Computer Science. Vol. 6999. pp. 364–370. doi:10.1007/978-3-642-24574-9_52. ISBN   978-3-642-24573-2.
  4. 1 2 Middelfart, Morten; Pedersen, Torben Bach; Krogsgaard, Jan (2010). "Efficient Discovery of Generalized Sentinel Rules". Database and Expert Systems Applications. Lecture Notes in Computer Science. Vol. 6262. pp. 32–48. doi:10.1007/978-3-642-15251-1_3. ISBN   978-3-642-15250-4.
  5. 1 2 Middelfart, Morten; Pedersen, Torben Bach (2009). "Discovering Sentinel Rules for Business Intelligence". Database and Expert Systems Applications (PDF). Lecture Notes in Computer Science. Vol. 5690. pp. 592–602. Bibcode:2009LNCS.5690..592M. doi:10.1007/978-3-642-03573-9_49. ISBN   978-3-642-03572-2.
  6. 1 2 Middelfart, Morten (2007). "Improving business intelligence speed and quality through the OODA concept". Proceedings of the ACM tenth international workshop on Data warehousing and OLAP - DOLAP '07. Dl.acm.org. pp. 97–98. CiteSeerX   10.1.1.581.2960 . doi:10.1145/1317331.1317349. ISBN   9781595938275. S2CID   21374821.
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