Australian company Veriluma has entered into a landmark contract with the Australian government Department of Defence (DoD) to build a prototype ‘Indicators and Warnings’ model for climate and disaster preparedness.
The prototype, using Veriluma's 'Intelfuze' software, will be built in the first six months of 2017 by Veriluma’s expert team, led by Dr Stuart Nettleton who was recently appointed as Veriluma's chief data scientist. Dr Nettleton will also be lead consultant to the DoD Project.
Dr Nettleton will be assisted by Professor Roger Bradbury, a highly experienced and well-respected researcher and consultant within both DoD and the wider strategic policy environment, who runs the Strategy and Statecraft in Cyberspace research program at the National Security College.
“We are delighted that the Department of Defence has selected Veriluma to support it in this important initiative," said Verimula CEO Elizabeth Whitelock.
"We believe this prototype will form the foundation of a strong ongoing partnership with the Department of Defence and the participating agencies, and is further endorsement of Veriluma’s unique patented analytics software.”
Veriluma has developed and patented an advanced algorithm dealing in prescriptive analytics. Prescriptive analytics is a form of advanced, forward-looking analytics, which provides assessments about future outcomes. Although most types of analytics aim to assist and improve in the decision making process, only prescriptive analytics delivers a preferred course of action.
Developed in a Commonwealth research centre for the Australian Defence Intelligence Organisation, which has been utilising Veriluma’s technology since 2013, Veriluma’s software assists decision makers with rapid and accurate assessments of terrorism and national security threats using its patented technology.