It's rare to see a technology company, much less one involved in advertising, to so predominantly display a focus on scientists. In the case of Rocket Fuel (NASDAQ:FUEL), the ad tech firm that recently had a spectacular IPO focuses on using artificial intelligence, or AI, and big data to drive predictive modeling and automated decision-making. In essence, the company believes that sophisticated machines can optimize business outcomes for advertisers as the digital world moves at the speed of light. The company focuses on programmatic buying via real-time bidding, or RTB.

In order to achieve those efforts, it proudly focuses on data scientists that are from prestigious universities such as Massachusetts Institute of Technology and Stanford University. The company claims award-winning computer scientists with a focus on a machine-learning as a prime driver of success.

The pre-IPO results prove that theory to be working, but can the data scientists construct a profitable company?

Shockingly fast growth
Though the IPO doubled during the initial trading day back on Sept. 20, the company might actually have underperformed due to the negative ad tech stigmatism. Rocket Fuel reported rocket like growth in the S-1 filing with revenue surging 134% to $92.6 million in the six months ended June 30. Considering that advertising spending is typically back-half loaded, the company could be on a pace for $250 million in revenue this year based on the same quarterly percentage as 2012.

Part of the reason the stock has been held back were the weak results in other IPOs and the relatively low multiple AOL (NYSE:AOL) paid for, operator of a programmatic video platform for brands and agencies. The valuation becomes a quick question when decided to sell for only $405 million or roughly 5 times trailing revenue, even though it had seen revenue surge over 100% per year over the last three years. With the deal taking place in early August, it is possible that agreed to the buyout at the lowest possible level.

The value sure isn't based off the forecast sited by Magna Global that RTB for digital advertising is expected to jump from $4 billion in 2012 to $16 billion by 2016.

Big data equals big value
A prime reason that the valuation of Rocket Fuel appears low are the values applied to big data software providers. As an example, Splunk (NASDAQ:SPLK) provides a software platform for real-time operational intelligence and investors have awarded the stock a valuation of over $6.5 billion on revenue growth of 40%--that appears stationary compared to Rocket Fuel. The Splunk software allows customers to gain visibility and operational insights into their machine-generated big data.

In essence, both companies are growing extremely fast by providing the ability to summarize vast amounts of data to make business decisions. In the case of Rocket Fuel, the company actually utilizes that data to programmatically operate the advertising function.

Profits, profits, profits
Investors are naturally concerned about the profitability of Rocket Fuel, yet Splunk continues losing money without alarming investors. Rocket Fuel only had an adjusted EBITDA loss of $4.3 million in the first six months of the year so it could easily slowdown sales and marketing spend to become profitable for the short-term. The company though has an enormous opportunity to not only capture the massive growth expected in the RTB sector, but also the ability to convert the even greater segment of advertising. It already generates close to a 200% revenue retention rate, which is unheard of to have existing customers nearly double the money spent with Rocket Fuel.

Bottom line
With the complexity of hundreds of mobile devices, websites, and up to billions of potential consumers, one can quickly conceive the benefits of how programmatic buying and RTB would help brands improve ad spend in the digital age. Rocket Fuel appears set to utilize data scientists to fuel massive growth in the future.

Mark Holder and Stone Fox Capital Advisors, LLC own shares of ROCKET FUEL INC. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.