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Skypoint Celebrates Major Achievements in AI and Data Security

Skypoint, a prominent provider of AI solutions tailored for regulated industries, proudly announces two monumental achievements that reflect its rapid growth and commitment to data security. The company has been ranked 26th in the 2024 Deloitte Technology Fast 500™, recognizing an astounding 7,114% growth from 2020 to 2023. Additionally, Skypoint has successfully obtained the esteemed HITRUST r2 certification, making it one of the first AI platforms to reach this significant security milestone.

This incredible growth illustrates Skypoint's dominance in delivering innovative AI technologies, especially within the healthcare, financial services, and public sector markets. The Deloitte Fast 500™ ranking underscores the urgency and importance of AI in today's digital landscape, with Skypoint's CEO, Tisson Mathew, noting that digital transformation starts with unified data. He emphasizes that “our most forward-looking customers know that AI and data initiatives are tightly bound.”

To bolster its capabilities, Skypoint employs a team of forward-deployed engineers (FDEs) dedicated to collaborating with clients to create pioneering AI applications. Unlike the common perception of AI as merely a supportive tool, Mathew explains that AI possesses the unique ability to unlock significant organizational value by transforming unstructured data into structured formats. This capacity enhances operations by automating repetitive tasks, enabling organizations to focus on more strategic initiatives.

The Skypoint AI Platform (AIP) significantly reduces the time needed for development processes, promising a streamlined experience for its users. As Mathew elaborates, “The Skypoint AIP shaves months off of the development process.”

In addition to its impressive growth metric, the HITRUST r2 certification further solidifies Skypoint’s reputation as a trustworthy partner for organizations handling sensitive information. This certification adheres to rigorous standards set forth by HIPAA, NIST, ISO, and GDPR, marking Skypoint’s dedication to maintaining exceptional data security and privacy policies.

Mathew comments on the certification's significance, especially for sectors where data security is paramount: “For organizations in healthcare, financial services, and other highly regulated industries, security is non-negotiable. Achieving HITRUST r2 certification affirms Skypoint's commitment to providing not only cutting-edge AI solutions but also a secure, compliant AI platform.”

Reflecting on these advancements, Angela Jackson, general partner and managing director at Portland Seed Fund, expresses pride in Skypoint’s trajectory, stating, “We’re incredibly proud of Skypoint's success securing strong customers and scaling rapidly in a highly competitive field. We are fortunate to be an early investor in this great Oregon company.”

As Skypoint continues to innovate and grow, it stands at the forefront of AI technology, ready to empower industries through enhanced data security and intelligent solutions. For further details on Skypoint's recent achievements or to explore its security commitments, prospective customers are encouraged to visit their official website at skypoint.ai/platform/security.

Skypoint is positioned to continue leading the way in artificial intelligence solutions for regulated industries, reinforcing the message that the future of AI is not only promising but also essential for organizational success.