The Netherlands, May 25, 2021 – Innatera today announced that it has appointed semiconductor veteran Marco Jacobs as its VP Marketing and Business Development. Jacobs has more than 25 years of commercial and engineering experience in the semiconductor industry. Prior to joining Innatera, Jacobs ran his own strategy consulting firm and held management positions at videantis, Virage Logic (acquired by Synopsys), and Silicon Hive (acquired by Intel).
Innatera works with several large international companies on game-changing applications of edge computing. The company expects these developments to surface in the smartphone, wearable, industrial, and IoT markets in the next few years.
“Having worked for four processor companies over the past 20 years, I was excited to see Innatera’s revolutionary new approach to intelligent data processing,” said Jacobs. “Innatera has already proven its AI technology in hardware and is now scaling the organization to fulfill market demand. AI is enabling many new use cases, but its high compute and power requirements are often prohibitive. Innatera has found a new way to bring AI to small devices that aren’t plugged into a wall socket and can’t rely on processing in the cloud.”
Several semiconductor companies integrate intelligent deep learning accelerators into their products. Their solutions compete on tera-ops, and they consume significant power and often need large, high-bandwidth memories. Innatera takes a radically different approach by processing the data directly in the analog domain, just like our brains do. This results in 500x lower energy consumption, enabling always-on AI in battery-operated devices.
Sumeet Kumar, Innatera’s CEO, said, “Marco and I have known each other for a long time. Knowing his track record of successfully bringing new technologies to market, we were excited to bring him on board. Innatera is ready to show the world what we’ve quietly been working on for many years, making it the right time to grow our commercial organization. We have a stellar engineering team at Innatera and the new commercial department that Marco will run sharpens our focus and execution.“
About Innatera Nanosystems
Innatera is a trailblazing developer of ultra-low power neuromorphic processors for AI at the sensor-edge. The fast-growing company currently has about 25 employees at its headquarters in the Netherlands and its new design center in Bangalore, India. Incorporated in 2018 as a spin-off from the Delft University of Technology, the company builds on over a decade of research into computational neuroscience and low-power processing.
Marco Jacobs, VP Marketing and Business Development