SoKat unlocks the hidden value of data through thoughtful and creative human-centric design solutions, comprising of actionable intelligence, transparent data analytics, robust predictive models, and next-generation products.
Executive caliber customized consulting in blockchain, big data, machine learning / AI, innovative entrepreneurial ventures, strategic data management, and financial investments.
Insights from Data
Exploratory data analysis of both structured and unstructured data sets. Gain insight and truly understand the value of your data assets both numerical and textual.
Strategic Digital Assets
Identify, curate, and store valuable digital assets to fuel predictive models. Models are built to work robustly out-of-sample.
Unlocking Digital Value
Build useful applications and products upon the blockchain data layer, to provide significant value to your strategic mission.
We believe that excellence starts with keeping your word, delivering on time, and staying under budget. Our goal is to help our partners excel in their missions.
With origins in academics, taking time to explain the details and to collaborate with partners is paramount. Our partners have complete transparency into all our best practice solutions.
We are a local full stack development team capable of building the most disruptive solutions. Such power should only be applied with careful and mindful societal considerations.
Artificial Intelligence applied to Federal Grants wins 2018 Government Innovation Award
The US Federal government awards approximately $800 billion in grants annually. Our client processes around 10% of all Federal grants for their +1,500 grant programs. Following a pilot project over Summer 2017 which demonstrated that new insights and capabilities could be drawn from the data using artificial intelligence (AI) and machine learning (ML), the client agreed to engage SoKat for a longer tenure to expand the pilot project and implement AI/ML tools into production. In August 2018, the client was recognized as one of the winners in the 2018 Government Innovation Award for the "Intelligent Grant Automation" project. The client was honored for the team effort of applying AI/ML technologies to the Federal Grant domain.
Organizational Health Profile Risk Prediction Model Deployed
Grantee organizations receiving more than $750,000 annually are subject to a mandatory audit. Grantee recipients with poor historical track record and who have other negative factors are more likely to become audited for adverse events, such as noncompliance or reportable conditions. Using a AI/ML algorithm and multiple data sets, SoKat built and deployed the Recipient Profile model that predicts the probability of audit findings. The application also displays aggregated descriptive data tailored to the needs of the client. This tool helps the awarding organization or grantor better identify and understand the organizational risks inherent in awarding significant grants and is currently in production within the client’s infrastructure.
Grant Expense Records in the Blockchain
Currently, we are building a pilot program that leverages the blockchain to track the entire grant spending ecosystem. The blockchain is an immutable, secured ledger that stores information. As grants are ultimately funded by taxpayer dollars, grantee spending should be transparently available to the public. We are working closely with our client to build the first Grant-Blockchain to provide unprecedented transparency into the spending of grant moneys. Thus, the Grant-Blockchain will provide transparency, accountability, and reduction in fraudulent transactions.