Keeping the baddies away. That’s what both the winners of the Finance and Security theme of this years’ Blue Tulip Awards do. But both their solutions have a lot more going on. Security winner Pandora Intelligence creates a predictive model to fight crime, based on common narratives. While finance winner Trust Stamp manages safe, secure and inclusive user identification. We checked in to see what they offer to win the prestigious awards.
Pandora’s scenario based crime prevention
Amsterdam-based Pandora Intelligence is well on its way to help the largest organisations to mitigate any risks. How do they do that? Well, sit down, because it is story time. Literally, as Pandora takes a scenario based approach where they gather a large amount of data from various sources, extract knowledge and ‘compare, combine and create’ future scenarios. This way, anyone can prepare for anything that is likely to happen. A proposition that won them the Blue Tulip Award in the Security theme.
In a nutshell, Pandora has developed software that helps to gain insight in a large amount of data from a wide variety of sources. Pandora’s managing director Ard Jol explains it with an example of the police using their solution: “When they are dealing with a break-in, they want real-time information about similar cases. We have the information structured and categorised, so the system is already making connections to plot the case.”
No crystal ball, just clever tech
The secret sauce of Pandora is in the formula: intelligence is knowledge plus information, says Jol: “Knowledge comes from the past, information is in the present. By combining those two, you can create intelligence that predicts the future. We take all available data, like adding a collective memory, provide context and point in the right direction.”