Following up on my recent posts on WNT Ventures’ 2015 investments, I conclude with one of the most exciting opportunities I have seen emerge in New Zealand’s ICT space in recent times. If you want to define complex IP, then this is it.

Nyriad is an advanced information technology company specializing in advanced streaming storage solutions for big-data and high performance computing. Nyriad was founded out of research work done for the Square Kilometer Array Telescope, the world’s largest HPC project, requiring data streaming, processing and storage solutions exceeding all traffic on the internet combined by 2017. Work on the project quickly revealed that existing IT solutions could never meet the performance and power requirements of the SKA without a revolution in IT architecture.

Square Kilometer Array Telescope

A vision of the Square Kilometer Array Telescope

Nyriad developed an Artificial Intelligence-based streaming compression technology for SKA that could learn and adapt to the enormous data volume requirements of the Square Kilometer Array, enabling nearly 80Tb/s of radio antennae data to be compressed, streamed and processed in its compressed form FASTER than is possible with RAW data. To accomplish this task, Nyriad invented a new generation of streaming technology that can learnand adapt to a broad range of real-time data collection, storage and processing needs.

Today Nyriad is developing a range of HPC and big-data acceleration products designed to solve storage, bandwidth, computing performance and power problems for the world’s most performance demanding IT projects and systems integrators. Its GPU and Intel AVX instruction optimized products deliver performance exceeding anything possible with traditional IT solutions.

I had the opportunity to catch up with co-founder, Alex St. John, 1-2-1, in San Francisco last August. We both go back a long way in ICT and it was a little bit scary to discover just how close. Alex along with Craig Eisler and Eric Engstrom, created the original Microsoft DirectX technology platform. Alex then became the Microsoft Windows Game technology evangelist for DirectX through his early work at Microsoft (1992-1997) to advance Windows as a dominant graphics and media platform. At the time (1990 – 1992), I was working with Apple Computers in London, helping establish Apple’s dominant position in the professional publishing market.

One of the products I was working with (and subsequently through a partnership between my then UK-based entity, HB Internet, with Global Graphics) was the Harlequin RIP. It was a great product that worked extremely well in the high end graphics market. I was to discover over drinks at the Palace Hotel in SF that Alex had led the development team at Harlequin.

Other names, familiar to us both, popped up during that conversation. It’s a small world (enough of that) and today, it’s a great opportunity for New Zealand to be part of this latest project. As with WNT Venture’s other investments, it’s great to personally be part of a team that is building some of the most exciting, next generation tech-focused companies that this country can provide.

In building a genuinely ground-breaking global tech sector, Nyriad is a key part of that stable.