SmartCloud

HMX, formerly known as SmartCloud, Inc., operates with the core philosophy that augmenting human expertise with artificial intelligence leads to superior decision-making. Founded in 2009 by Michael Barnett, the company is headquartered in Bedford, Massachusetts. The leadership team includes CEO Kim Mayyasi, who brings over 25 years of experience in AI, and founder Michael Barnett, whose doctorate from Rice University focused on AI-based control and simulation. Since its inception, the company has concentrated on developing AI solutions for complex industrial environments. A significant milestone was a Series A funding round on December 5, 2013, which raised $3 million from investor Rockwell Automation.

The company provides a platform-as-a-service centered around its proprietary CRex™ platform, which is engineered with explainable AI (XAI) at its core. This technology moves beyond opaque "black box" algorithms by making the AI's decision-making process transparent and understandable to the user. CRex is a low-code, self-service platform, designed to be accessible to non-technical users and decision-makers, thereby enabling wider adoption of AI within an organization. HMX generates revenue through a pay-as-you-use subscription model, linking the cost of its AI services directly to the value they create for the client.

HMX serves a diverse client base, including industrial and governmental organizations. The CRex platform is applied across a variety of use cases such as power grid control, pipeline risk mitigation, tax fraud detection, and supply chain management. Initially, as SmartCloud, the company focused on providing real-time "Big Reasoning" solutions for managing electric, gas, and water grids, serving clients like the North American Electric Reliability Corporation and ISO New England. The platform unifies stream processing, semantic web technologies, and workflow programming to deliver its capabilities. By focusing on mission-critical applications, HMX provides cognitive agents that combine human-like logic with advanced AI to deliver reliable and transparent solutions in high-stakes environments.

Keywords: HMX, SmartCloud Inc, explainable AI, XAI, CRex platform, low-code AI, AI platform-as-a-service, decision management, industrial AI, cognitive engineering, Michael Barnett, Kim Mayyasi, Rockwell Automation, utility management, risk mitigation, fraud detection, supply chain optimization, human-machine partnership, enterprise AI, mission-critical AI