Product and technology leader with track record of driving exceptional revenue growth. Computer scientist with expertise in statistical information retrieval, semantics, machine learning, human-computer interaction and social media. Inventor, product development expert and entrepreneur with experience designing, developing, and supporting new products.
Specialties: Text mining, search, large content libraries, IP management, scale out, ad networks/exchanges, ad serving and optimization.
CTO @ Twelvefold’s SPECTRUM™ platform offers “power steering” for programmatic media buying. We’re the best way to target, reach and engage relevant audiences at scale. Our smart science leverages quality, scale and mindsets to solve many of the problems plaguing digital marketers today.
Twelvefold sits at the intersection of big data, natural language processing, programmatic buying, predictive analytics, dynamic creative and marketing optimization. Our proprietary technology and business model embrace the disruption that other companies have created “black boxes” to hide from. From July 2013 to Present (2 years 6 months) Greater Los Angeles AreaTrustee @ From October 2008 to Present (7 years 3 months) Advisor, Knight News Innovation Laboratory @ From December 2011 to December 2013 (2 years 1 month) Board Member @ From March 2011 to July 2013 (2 years 5 months) CTO @ Perfect Market helps high quality, premium publishers make more money from their large content libraries.
The company's patented technology platform drives traffic to the highest quality and most valuable content and dramatically improves the ad targeting on long-tail content pages — all while fully complementing existing marketing programs.
Customers include The Los Angeles Times, Chicago Tribune, New York Times, NBC News, Business Insider and 200+ other publishers. Perfect Market was ranked #16 Fastest Growing Company in North America on Deloitte’s 2013 Technology Fast 500, and attributes its 12,223% revenue growth since 2008 to the rapid adoption of Perfect Market’s Digital Publishing Suite.
I led the company’s research and development efforts; architected all revenue generating products; helped attract $15 million in investment from Comcast, Tribune Company, Rustic Canyon Partners, Trinity Ventures, and Idealab; secured 9 issued patents; and spearheaded a new product initiative that grew audience to 140M monthly uniques and lead to a fivefold increase in revenue.
Perfect Market was acquired by Taboola. From November 2008 to July 2013 (4 years 9 months) CTO @ MediaRiver provided services to publishers seeking to increase page views and advertisers seeking to increase return on ad spend. By reading a page in real-time and responding with related content, advertising, and other media, MediaRiver smart ads and content widgets powered page view generating programs for The Motley Fool, Revolution Health Group, and ePals Inc., among others.
Media River was acquired by Perfect Market in 2008. From May 2007 to October 2008 (1 year 6 months) Founder and CTO @ MediaRiver was formerly known as Intellext, Inc., developer of the Watson search assistant.
Watson would read your open documents in real time and find relevant and timely information from your company's knowledge management system, your hard drive, and research libaries as you worked. It would present its findings in a sidebar interface next to your application window.
Watson won multiple awards including the Chicago Innovation Award, was certified for Microsoft Windows and distributed as an add-on to the Windows Live Toolbar and other widely-used desktop software tools.
Intellext was named EContent Top 100 Copmany in 2005 and 2006, and sold licenses and OEMs to AOL, Motorola Inc., AT&T, and HandySoft Intl., among others.
Watson was the subject of my dissertation work at Northwestern University. From June 2003 to May 2007 (4 years) Research Assistant, Intelligent Information Laboratory @ Developed first real-time contextual meta-search engine (Watson). Filed 2 patents. Founded Intellext, Inc.
Developed and studied new user interfaces for news, music listening, and office productivity. Published numerous articles and papers and spoke at the W3C, the Amer. Assoc. for Artificial Intellingence, CSCW, and the International Conference on Intelligent User Interfaces. From 1998 to 2003 (5 years) Research Assistant, Intelligent Information Laboratory @ Developed natural-language question answering system for The 1996 Democratic National Convention in Chicago. We shipped one of the first search engines on the web that could answer questions in english. Ask Jeeves launched in June 1997. From 1995 to 1998 (3 years) Research Assistant @ Developed IT distribution and support strategy for NCSA Mosaic for X windows, CERN WWW, and NCSA HTTPd, for 6 UNIX platforms. Ported the first web server to Apple A/UX. Developed search engine delivered on what would become the Fermi intranet. From September 1992 to September 1995 (3 years 1 month)
Ph. D., Computer Science @ Northwestern University From 1998 to 2003 BS (Hons), Computer Science @ University of Chicago From 1995 to 1998 IMSA From 1992 to 1995 Jay Budzik is skilled in: Search, Intellectual Property, Text Mining, Product Development, Machine Learning, Optimization, Information Retrieval, Strategy, Entrepreneurship, Natural Language Processing, Social Media, Mobile Marketing, Analytics, Software Engineering, User Experience