Jason Kingdon

Jason Kingdon is a computer scientist and entrepreneur. He was previously CEO of Blue Prism[1][2][3] and co-founder of several AI companies.[4] He was co-founder of UCL's Intelligent Systems Lab where he introduced the use of a neural network in live financial forecasting,[4] and co-founder and CEO of Searchspace, a company that applied AI to detect money laundering and detect insider dealing at banks and stock exchanges.[5] In 2008, he joined Blue Prism as executive chairman. The company has been credited with creating the Robotic Process Automation market.[6]

Jason Kingdon
Born
United Kingdom
Alma materUniversity College London, Queen Mary University of London, University of Bristol

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.[7]

Career

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

While a PhD student at UCL, he co-founded Searchspace and also co-founded the Intelligent Systems Lab.[4][8] Searchspace applied AI to detect money laundering, detect insider dealing detection at banks[5] and stock exchanges.[6] In 2005, he sold Searchspace to Warburg Pincus for $140 million.[9][10]

Kingdon became an early investor in Blue Prism, a Robotic Process Automation (RPA) company,[9] a category of enterprise software that it helped define.[6] He led business strategy and the IPO in 2016. As of 2020, he is the CEO and chairman of the company.[1][11] The company's software provides a 'digital workforce' to organisations that carry out tasks the same way existing users do. It has over 2000 customers in 70 commercial sectors, and in more than 170 countries.[12]

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.[13]

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,[14] and the Sunday Times’ Tech Track 100 in 2002 and 2005.[15]

Publications

Kingdon has published books,[16] patents[17] and papers[18] in the fields of neural networks, genetic algorithms, fraud detection, robotic process automation and the future of enterprise computing.[19]

His patents include: "Method and system for combating robots and rogues"[17] and "Value flow monitoring system".[20]

References
  1. "Blue Prism Rehires Jason Kingdon As Executive Chair Amid Growth". MorningStar. 22 October 2019. Archived from the original on 5 February 2020. Retrieved 21 September 2020.
  2. "What Office Life Might Look Like In The Year 2030". The Wall Street Journal. 5 March 2020. Retrieved 1 April 2020.
  3. "Blue Prism To Raise GBP100 Million Via Placing; CEO Bathgate To Depart". Morningstar. Retrieved 23 April 2020.
  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. 1 September 2004. Retrieved 17 March 2020.
  6. "From Communism To Coding: How Daniel Dines Of $7 Billion UiPath Became The First Bot Billionaire". Forbes. 11 September 2019.
  7. Kingdon, J. C. (1995). Feed forward neural networks and genetic algorithms for automated financial time series modelling (Thesis).
  8. "Blue Prism Group Board Changes". 22 October 2019.
  9. "Why RPA? Blue Prism chairperson exaplains why RPA is a game changer". Information Age. 17 October 2019. Retrieved 23 January 2020.
  10. TWK (28 March 2019). "Fast Track". Fast Track. Retrieved 23 January 2020.
  11. "Blue Prism se presenta en España tras disparar sus beneficios en todo el mundo". Capital (in Spanish). 23 March 2020. Retrieved 2 April 2020.
  12. "Blue Prism's executive chairman discusses the rise of RPA". 9 March 2020.
  13. "The automation revolution is happening now - Data Matters". www.computerweekly.com. Retrieved 30 September 2020.
  14. "Deloitte UK Technology Fast 50". UK Technology Fast 50.
  15. "Fast Track". Fast Track.
  16. Intelligent Systems and Financial Forecasting | Jason Kingdon | Springer.
  17. WO 2002056157, Feldman, Konrad Simeon; Kingdon, Jason & Recce, Michael, "A method and system for combating robots and rogues", published 2002-07-18, assigned to Searchspace Ltd. and inventors
  18. Kingdon, J. (May 2004). "AI fights money laundering". IEEE Intelligent Systems. 19 (3): 87–89. doi:10.1109/MIS.2004.1.
  19. Kingdon, Jason (17 January 2014). "Software Robots: The Long Tail of Automation". Wired.
  20. GB 2321751, Kingdon, Jason; Wicks, Tony James & Mangat, Anoop Singh et al., "Value flow monitoring system", published 1998-08-05, assigned to Searchspace Ltd.
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