IPM partners with MindsDB to offer AI analytics solution to businesses

JERICHO, NY - Intelligent Protection Management Corp. (NASDAQ:IPM), a technology solutions provider with a market capitalization of $17.83 million, announced Wednesday it has entered into a reseller agreement with MindsDB to offer artificial intelligence analytics capabilities to its customers. According to InvestingPro data, the company maintains a strong balance sheet with more cash than debt, positioning it well for strategic growth initiatives.

As part of the agreement, IPM will introduce a cost-effective "Starter Mind" version of MindsDB’s Enterprise product, targeting medium-sized businesses with specific operational and budgetary requirements. IPM will also implement MindsDB’s technology within its own operations to improve workflow efficiency.

MindsDB’s platform allows businesses to process data across private, hybrid and public computing infrastructure without reconfiguring or moving in-house data. The technology integrates structured and unstructured data to create an AI analytics tool that responds to business questions asked in natural language.

"The MindsDB platform is designed to process highly variable data to produce actionable intelligence, allowing customers to achieve operational results and advance their strategic business plans," said Jason Katz, Chairman and CEO of IPM, in a press release statement.

IPM, which trades on the NASDAQ exchange, provides managed technology solutions focused on cybersecurity and cloud infrastructure. The company offers services including server hosting, data storage, managed security, and backup and disaster recovery.

MindsDB describes its technology as a "cognitive engine" that can operate in various environments including on-premises, virtual private cloud, or serverless configurations. The company’s platform aims to unify data across diverse sources to support decision-making capabilities.

The announcement comes as more technology providers seek to integrate AI capabilities into their service offerings for enterprise clients.

In other recent news, Intelligent Protection Management Corp (IPM) reported a significant increase in revenue during its Q2 2025 earnings call, reaching $5.7 million compared to $300,000 in the previous year. Despite this impressive revenue growth, the company recorded a net loss of $1.1 million. However, there was an improvement in financial performance as the adjusted EBITDA narrowed to negative $400,000 from negative $900,000. These recent developments highlight a positive trajectory for IPM’s financial health. While the market initially responded favorably, with shares rising, there was a slight dip in aftermarket trading. This financial update from IPM provides investors with crucial insights into the company’s ongoing efforts to enhance its financial standing.

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