Jason Kingdon

Jason Kingdon is a mathematician, computer scientist and entrepreneur. He is currently CEO and Chairman of Blue Prism[1][2][3] and co-founder of several AI companies.[4] He was co-founder of UCL’s Intelligent Systems Lab and introduced the use of a neural network in live financial forecasting.[4] He was also co-founder and CEO of Searchspace, a company that pioneered the application of AI to detect money laundering and detect insider dealing at banks and stock exchanges.[5] In 2008, Kingdon joined Blue Prism as Executive Chairman. The company has been credited with creating the Robotic Process Automation market.[6] Gartner has predicted that over 85% of all companies will be using RPA by 2022.[7] Kingdon is also an EY Entreprenuer of the Year, author and editor of AI books, patents, and papers.

Jason Kingdon
Born
United Kingdom
Alma materUniversity College London, Queen Mary University of London, University of Bristol
OccupationCEO and Chairman of Blue Prism

Education

Kingdon completed his undergraduate degree in pure mathematics at Queen Mary University of London, masters in Mathematical Logic and Theory Computation at the University of Bristol and his PhD in Computer Science at University College London.[4] His PhD thesis was on feed-forward Neural Networks (NN) and genetic algorithms for automated financial time series modelling.[8]

Career

Kingdon was one of the earliest pioneers in applying AI for enterprise-scale problems starting in the mid-nineties.

1995

While being a PhD student at UCL, Kingdon co-founded Searchspace and also co-founded the Intelligent Systems Lab.[4][9] Searchspace pioneered the application of AI to detect money laundering, detect insider dealing detection at banks including RBS, Barclays, Wells Fargo,[5] and stock exchanges including the London Stock Exchange and New York Stock Exchange.[6] In 2005, Kingdon sold Searchspace to Warburg Pincus for $140 million.[10][11]

2008-Present

Kingdon became an early investor in Blue Prism, a Robotic Process Automation (RPA) company,[10] a category of enterprise software that it helped define.[6] He led business strategy and successful IPO in 2016. As of 2020, Kingdon is the CEO and Chairman of Blue Prism.[1][12] Blue Prism software provides a ‘digital workforce’ to organisations that carry out tasks in the same way that existing users currently do. Blue Prism has more than 1,677 global customers across 70 commercial sectors, and with users in more than 170 countries,[13] including names like Siemens, Walgreens and eBay.[14]

Digital Singularity

In 2020 in an article for Computer Weekly, Kingdon introduced the notion of the Digital Singularity where he pointed out that a consequence of robotic process automation was that all digital technologies past, present, and future could now interoperate. He suggests this will usher a new phase of hyper-acceleration of digital technologies akin to the invention of a new Internet.[15]

Awards

Kingdon received the 2003 Ernst & Young Entrepreneur of the Year, and on behalf of Searchspace received Deloitte Fast 50 list of fastest growing technology companies in 2002 and 2005,[16] and the Sunday Times’ Tech Track 100 in 2002 and 2005.[17]

Publications

Several books,[18] patents[19] and papers[20] have been authored by Kingdon in the fields of neural networks, genetic algorithms, fraud detection, robotic process automation and the future of enterprise computing.[21]

His patents include: Method and system for combating robots and rogues[22] and System and supervision procedure.[23]

References
  1. "Blue Prism Rehires Jason Kingdon As Executive Chair Amid Growth". MorningStar. 22 October 2019.
  2. "What Office Life Might Look Like In The Year 2030". The Wall Street Journal. 2020-03-05. Retrieved 2020-04-01.
  3. "Blue Prism To Raise GBP100 Million Via Placing; CEO Bathgate To Depart". Morningstar. Retrieved 2020-04-23.
  4. "Commercialising RPA - Blue Prism Chairman on "a technology that got invented in the UK - and no-one even noticed"". Diginomica. 29 October 2019.
  5. "Searchspace raises $5.5m from Scottish Equity Partners". Finextra Research. 2004-09-01. Retrieved 2020-03-17.
  6. "From Communism To Coding: How Daniel Dines Of $7 Billion UiPath Became The First Bot Billionaire". Forbes. 2019-09-11.
  7. "Gartner predicts RPA spending will reach $2.4 billion by 2022".
  8. Kingdon, J. C. (1995). Feed forward neural networks and genetic algorithms for automated financial time series modelling (Thesis).
  9. "Blue Prism Group Board Changes". 2019-10-22.
  10. "Why RPA? Blue Prism chairperson exaplains why RPA is a game changer". Information Age. 2019-10-17. Retrieved 2020-01-23.
  11. TWK (2019-03-28). "Fast Track". Fast Track. Retrieved 2020-01-23.
  12. "Blue Prism se presenta en España tras disparar sus beneficios en todo el mundo". Capital (in Spanish). 2020-03-23. Retrieved 2020-04-02.
  13. "Blue Prism's executive chairman discusses the rise of RPA". 2020-03-09.
  14. "Blue Prism Revenues Soar in FY2019". Blue Prism.
  15. "The automation revolution is happening now - Data Matters". www.computerweekly.com. Retrieved 2020-09-30.
  16. "Deloitte UK Technology Fast 50". UK Technology Fast 50.
  17. "Fast Track". Fast Track.
  18. https://www.springer.com/gp/book/9783540760986
  19. , "A method and system for combating robots and rogues", issued 2002-01-03
  20. Kingdon, J. (May 2004). "AI fights money laundering". IEEE Intelligent Systems. 19 (3): 87–89. doi:10.1109/MIS.2004.1.
  21. Kingdon, Jason (17 January 2014). "Software Robots: The Long Tail of Automation". Wired.
  22. , "Method and system for combating robots and rogues", issued 2002-01-03
  23. , "System and supervision procedure.", issued 1998-04-16
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