Black Cactus's origins can be traced back to January 2014 in Melbourne, Australia.  Karyn Augustinus and Lawrence Cummins founded Black Cactus Holdings Pty Ltd.

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A significant shift in the company's direction came during the global pandemic. The changing landscape of technology and business led us to explore applications of artificial intelligence and decentralized systems.

 

During this transformative period, the company decided to rebrand itself and its products with the K.i. Nomenclature. I have been asked about the origin and meaning of the name, and we need to share the story behind it.

 

The name K.i. has a significant meaning, representing the company's core principles and values; the "K" in K.i. is derived from the data science clustering. Clustering is a fundamental technique where data points are grouped together based on similar characteristics. This reflects our first principle of leveraging data science to provide valuable insights and solutions. 

 

The "i" in K.i. Represents imaginary numbers in mathematics. Although intangible, imagination numbers have real-world applications in mechanical and electrical engineering, physics, and signal processing. We apply Imaginary numbers to our solutions, so the “i” reminds us to innovate and explore unconventional ideas to drive progress. 

 

The transition to K.i. This signifies a shift towards embracing cutting-edge technologies and methodologies, reflecting the company's evolution and commitment to staying at the forefront of the industry. It is a testament to K.i.'s adaptability and willingness to embrace change in response to the ever-evolving technological landscape.

 

By combining the concepts of clustering and imaginary numbers, K.i. Represents a fusion of data-driven insights and forward-thinking innovation. The name encapsulates the company's vision of harnessing the power of data and technology to drive meaningful and impactful change.

 

As we grow and expand, we remain committed to driving progress and innovation by ensuring we always have the most up-to-date data access and applying innovation.​