Ontonix and SCS Sign Collaboration Agreement

Como, March 14-th 2014. Ontonix, and SCS Super Computing Solutions, a CINECA company, have signed a partnership agreement, aiming at joint development of OntoNet™ MPP and solution of the so-called Extreme Problems. Such problems are generally multi-disciplinary in nature and involve millions of variables. Their solution requires non-traditional model-free approaches such as those developed by Ontonix and offered in its Quantitative Complexity Management (QCM) engine Ontonet™.

"Extreme Problems are very difficult to treat with conventional means and generally lead to states of persistent inefficiency, huge losses and/or delays. In the majority of cases, this is caused by hidden and excessive complexity. It is therefore paramount to re-formulate such problems from a totally new perspective, aiming at the quantification of complexity and determining its makeup" said Dr. J. Marczyk, President of Ontonix. "The scalar version of OntoNet™ is able to tackle problems of moderate size, involving thousands of variables. The development of a Massively Parallel Processing (MPP) version of our QCM engine will allow us to attack problems of a totally different magnitude and nature" he added. "Our partnership with SCS is not only of strategic importance to Ontonix, it allows us to develop new success-fee-based business models" he concluded.

For information on Extreme Problems visit website.

Jacek Marczyk

Visionary, scientist, businessman and writer with over 35 years of experience in QUANTITATIVE large-scale Uncertainty and Complexity Management in diverse fields (manufacturing, finance, economics).

Author of nine books on simulation, uncertainty and complexity management, rating.

Developed in mid 90s the theory of eigenvalue orbits, a generalization of the concept of eigenvalue.

In 2000-2005 has developed the first Quantitative Complexity Theory (QCT), including a comprehensive measure of complexity.

Founded Ontonix Complexity Management in 2005 in the USA and launched in 2006 the first commercial system for MEASURING and managing complexity: OntoSpace.

In 2007 launched first on-line Resilience Rating for businesses, an objective and transparent rating system:

http://www.rate-a-business.com/

In 2009 delivered real-time technology to measure the complexity and stability of patients during operation or permanence in Intensive Care Units.

http://www.ontomeds.com

Developed a new theory of risk and rating published in 2009 in a book entitled "A New Theory of Risk and Rating".

Over last decade develops quantitative complexity management (QCM) technology and solutions for applications in economics, finance, Risk Rating and Management as well as in Asset Management and medicine. In the past five years works towards the democratization of ratings.

In 2013 he founded London-based Assetdyne, focusing on design of complexity-based high-performance portfolios and complexity-based asset allocation and asset management.

http://www.assetdyne.com

He is currently focusing on creating a new Rating Agency and a fund which will be managed via complexity technology (QCT).