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RedShred, LLC SBIR Phase I Award, September 2020

A SBIR Phase I contract was awarded to RedShred in September, 2020 for $100,000.0 USD from the U.S. Department Of Commerce and National Institute of Standards and Technology.

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Contents

sbir.gov/node/1714163
Is a
SBIR/STTR Awards
SBIR/STTR Awards

SBIR/STTR Award attributes

SBIR/STTR Award Recipient
RedShred
RedShred
0
Government Agency
0
Government Branch
0
Award Type
SBIR0
Contract Number (US Government)
70NANB20H1220
Award Phase
Phase I0
Award Amount (USD)
100,0000
Date Awarded
September 1, 2020
0
End Date
February 28, 2021
0
Abstract

In order for manufacturers to adopt data-driven decision making, they must tap into unstructured data that sits unused. The process of annotation and knowledge extraction from unstructured text data is a time consuming and challenging bottleneck to adopting machine learning at scale.  This Phase I SBIR proposes implementation of an enhanced cloud-based platform enabling maintenance and other organizational users to tag and extract knowledge from large volumes of unstructured text data more efficiently. In Nestor, NIST provides an NLP toolkit that assigns tags and rules to unstructured data by a ranked tagging procedure. Combining this approach with RedShred’s state of the art enrichment platform will accelerate an organization’s ability to rapidly develop and deploy these models to support evolving organizational needs. The extended system, ENT, will include customizable ranking allowing organizations to tailor which data are prioritized based on business value as well as interactive UI dashboards providing real-time feedback. This combined system provides a valuable low-friction solution to accelerate adoption of NLP technologies in manufacturing to unlock value from previously idle log data repositories.

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