Anodot Press Page 5

February 10, 2021

Analytics Insight Names Anodot Among Top ML Companies in 2021

Published on: 02 Feb 2021, 5:30 am - Analytics Insight ANALYTICS INSIGHT HAS LISTED THE TOP 10 MACHINE LEARNING COMPANIES OF 2021 The massive inflow of data in recent years, the growth of powerful processing and affordable data storage has given wheels to machine learning. Machine learning is an advanced technology that helps machines to learn from data. The performance of the solution solely depends on the data it is fed with. Earlier, the data flow was comparatively less. Henceforth, it took many years for machine learning technology to mature and come out rock headed in the market. The global machine learning market is expected to grow from US$1.41 billion in 2017 to US$8.81 billion by 2022 at a CAGR of 44.1% during the forecast period. Risk management, performance analysis and reporting, trading, and automation are some of the many use cases of machine learning. The technology is of great use in the business sector. With the help of machine learning, companies can predict user behaviour, which eventually leads to acquiring new customers, optimizing products and pricing, and increasing customer engagement. Finding a machine learning company that leverages all the features is quite difficult. If you are seeking for such a solution, your hunt is over here. Analytics Insight has compiled a list of top machine learning companies based on their quality, performance, reliability and ability. Review 2021: Top 10 Machine Learning Companies Prolifics Prolifics is a machine learning company that takes charge of the customer's digital future. Founded in 1978, prolific understands and helps users to meet their customer's demands and expectations. The company uses its vast knowledge of cloud, Data & Analytics, Digital Business, DevOps and Quality Assurance to leverage users with fast, complete solution delivery experience. Prolifics provides expert consulting, engineering and managed services for all practice areas at any point. AI.Reverie AI.Reverie is an end-to-end data solution company that provides advanced Artificial Intelligence and Machine Learning services. The AI.Reverie team is rooted in diverse backgrounds bringing in together a shared vision in which artificial intelligence solves human needs. With the company's synthetic data learning environments and products, AI.Reverie has changed the paradigm of machine learning, creating a virtually infinite raw material (data) that has completely changed the cost structure of investment in machine learning of its clients and partners. UruIT UruIT is a solution provider that helps users to plan, design and develop their products to transform their business. For the past thirteen years, the company has delivered over 150 software design and development projects for countless business in diverse industries like SaaS, healthcare, and education. UruIT transforms customer's ideas into modern, technically roust and well-designed digital products, so they can grow and change their way of working. Talentica Software Talentica is a software product development company that helps start-ups to transform ideas into products. Talentica began its service in 2003 when start-ups began to emerge. The company provides custom software development, AI and blockchain solutions for start-ups and small to mid-market businesses. The company has a team of over 450+ experts who are well versed in languages like Java, Python, R, JavaScript, Node.js, AngularJS, Go and Rust. MobiDev MobiDev is a software development company that personalizes world-class mobile and web solutions for business. MobiDev creates complex business-driven solutions with a focus on innovation and transparency of actions, guaranteed product delivery and ongoing revolution. The main focus areas of the company are Machine Learning, Industry IoT, Augmented Reality, Data Science, Blockchain, Microservices & cloud infrastructure, Native mobile and desktop development, and cross-platform solutions. TIBCO Software TIBCO Software is an independent provider of infrastructure software creating event-enabled enterprises that unlocks the potential of real-time data for making faster and smarter decisions. The company's Connected Intelligence platform seamlessly connects any application or data source, intelligently unifies data for greater access, trust and control, and confidently predicts outcomes in real-time and at scale. InData Labs InData Labs is a leading data science firm and AI-powered solutions provider with its own R&D center. The key expertise lies in Artificial Intelligence and Machine Learning, computer vision and OCR, pose estimation, predictive analytics and big data. InData Labs provides consulting, AI-powered software development and post production support of projects in various industries. The company's mission is to help businesses leverage AI and ML for business process automation, workflow optimization and revenue boost. SteelKiwi SteelKiwi Inc, provides service in web development, mobile development, graphic design, technical support and quality assurance. Since 2011, the company has partnered with start-ups and entrepreneurs to create, integrate and support modern software solutions. With cutting edge technology stack, SteelKiwi ensures unbreakable full-cycle development from inception to release. The company provides a brand new online presence for its customers' business or automates the existing processes. Fabrics Fabrics is a specialist software development company that has successfully set the seal on over 250 projects in twelve years. Headquartered in Israel, Fayrix executes software development projects of any scale. The company stands out in broad technological and product expertise, serious and regardful attitude to partner business, and a successful track of projects in different verticals. Anodot Anodot is an American data analytics company that uses machine learning and artificial intelligence for business monitoring and anomaly detection. Anodot's Autonomous Analytics platform leverages advanced machine learning techniques to constantly analyze and correlate every business parameter, provide real-time alerts and forecasts, and lowers time to detection and resolution. Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.  
December 17, 2020

Anodot Announces Record Business Momentum in 2020

Anodot Announces Record Business Momentum in 2020 Company leaders anticipate continued success in 2021 through corporate growth, product innovation and strategic customer acquisitions December 17, 2020 09:15 AM Eastern Standard Time REDWOOD CITY, Calif.--(BUSINESS WIRE)--Anodot, the autonomous business monitoring company, is closing out a record 2020 fueled by business milestones inclusive of funding, executive hires coupled with a sizable increase in employee headcount, product innovation and new customer wins. Over the year, Anodot has laid the foundation to scale its business through partnerships with global and local resellers, systems integrators and OEM partners. The company is strategically equipped to support new industries and use cases in its next phase of growth as an AI-powered autonomous business operations company. Recognized by CRN, a brand of The Channel Company, as a 2020 Emerging Vendor in Big Data and as a finalist in two categories for the annual the Datanami Readers’ Choice Awards: Best Big Data Product or Technology: BI and Analytics as well as Top 5 Vendors to Watch, Anodot has spent the last 12 months focused on helping telco, financial services and digital-first firms monitor their most critical business operations. In 2020 alone, Anodot witnessed a more than 300-percent increase in organic inbound customer traction, further validating that autonomous business monitoring is of utmost value in today’s current landscape. Data-driven companies use Anodot’s patented technology to reduce time to detection and resolution for revenue-critical issues by as much as 80-percent. “Anodot has enabled Redis Labs to address key CX challenges: visibility, adaptiveness and scale,” said Oren Yaqobi, VP Customer Success at Redis Labs. “Since deploying Anodot, we’ve seen a significant decrease in the number of support tickets and a noticeable boost in customer satisfaction. Many of our customers don’t even know how many issues we resolved before they became a problem.” Earlier this year, Anodot raised $35 million in Series C funding, bringing the company’s total funding to $65.5 million. The round was led by Intel Capital, along with participation from Softbank Ventures Asia, Samsung NEXT and La Maison. The ability to raise funding in early 2020 amidst a global pandemic is a testament to Anodot’s powerful platform and the increased need of today’s digital business to partner exclusively with technology pioneers that can guarantee tangible business benefits. Operating in what many industry experts project to be a $169 billion big data and business analytics market, Anodot has enhanced its platform capabilities to meet the growing needs of complex business environments. These enhancements include: Real-time cloud cost monitoring: designed to signal cloud-related cost alerts, Anodot helps customers manage their cloud costs with real-time anomaly detection alerts so that issues can be remediated quickly. 360-degree ad performance monitoring: for customers needing to understand when a given campaign is overspending, underperforming or not operating properly, this feature supports reliability and consistency by monitoring all advertising functions for anomalies in clicks, impressions, conversions, reach, revenue and spend. Insights panel: The platform now surfaces high-level insights, such as noisy alerts and feedback distribution, demonstrating clear direct-to-business value. New technology integrations: Anodot’s robust integration store now includes the likes of Jira, VictoriaMetrics, ElasticSearch and Splunk, alongside dozens more. “The pandemic and concomitant recession have underscored the need for real-time insights that enable organizations to pivot quickly and adapt to rapidly changing conditions," said Wayne Eckerson, president of the Eckerson Group, a research and consulting firm specializing in data analytics. "Fortunately, there are real-time technologies, such as those from Anodot, that intelligently monitor tens of thousands of business-critical metrics, providing organizations with visibility into emerging patterns and anomalies, both large and small, that can significantly impact business outcomes." Anodot has also invested significant time and resources to expand its global presence; this includes welcoming key executive and employee hires across its offices. Vishal Rao, president and CEO of Snow Software, was appointed to Anodot’s Board of Directors. Additionally, the company also welcomed Randy Jones as Chief Revenue Officer to support the company in reaching new key markets. In addition, Anodot’s workforce grew by 20-percent to keep up with the growing demand of its platform. There are plans of continued hiring into 2021 in customer success and R&D roles - for more information please visit here. “The global COVID-19 pandemic accelerated digital transformation, forcing companies to seek out partners that could offer automated, transparent insights into critical business operations,” said David Drai, Anodot CEO and co-founder. “We quickly introduced new capabilities to our platform that could support things such as cost alerts for cloud services and campaign monitoring. Digital-first firms have realized that Anodot’s autonomous business monitoring platform provides the kind of real-time insight into anomalies that could negatively impact revenue, partner ecosystems, and customer satisfaction. The momentum we’ve captured as a business in 2020 will help fuel Anodot’s continued autonomous business monitoring innovation in key target industries such as telco and financial services.” For more information on Anodot’s milestones throughout 2020, please visit here. And for insight on how Anodot customers and other data-driven decision-makers have and will continue to leverage the company’s autonomous business monitoring platform, the company’s first ever virtual event, Data World, is available to watch on demand. About Anodot Anodot's Business Monitoring platform uses machine learning to constantly analyze and correlate every business parameter, providing real-time anomaly alerts and forecasts in their context. Fortune 500 companies, from digital business to telecom, trust Anodot's patented technology to reduce time to detection and resolution for revenue-critical issues by as much as 80 percent. Anodot is headquartered in Silicon Valley and Israel, with sales offices worldwide. To learn more, visit www.anodot.com and follow them on LinkedIn, Facebook, and Twitter.
December 16, 2020

Anodot Among "Coolest Machine Learning Startups of 2020"

November 11, 2020

Anodot Expands Executive Team By Appointing Randy Jones As Chief Revenue Officer

By AIT News Desk On Nov 9, 2020 Seasoned software executive joins AI analytics startup to support the company through its next wave of innovation and expansion Anodot, the autonomous business monitoring company, announced the appointment of Randy Jones as Chief Revenue Officer, effective immediately. In this role, Jones will be responsible for scaling and expanding Anodot’s global business and will oversee the company’s full customer lifecycle by leading customer success, sales, and overall growth. According to industry insight, AI-powered data and analytics technology will play a significant role in 2021. Companies will require real-time transparency to forecast, manage and mitigate critical business issues, especially as the global economy continues adjusting to a digital-first environment. This, coupled with the rapid adoption of AI technology creates a ripe market opportunity for startups such as Anodot. “After spending the greater portion of my career in monitoring, I can confidently state that Anodot is the leading autonomous business monitoring platform on the market today,” said Jones. “Legacy systems are simply unable to offer the same kind of real-time critical incident detection for big data at machine speed. The company’s leadership team has unlocked the true potential of an AI-powered, autonomous monitoring platform and I look forward to supporting Anodot in this next wave of growth.” Jones has spent the last two decades of his professional career with a specialized focus on software monitoring and management technology, growing SaaS companies from $0 to $100M in ARR. Prior to joining Anodot, Jones was the Chief Revenue Officer for ScienceLogic, an AIOps and IT infrastructure monitoring platform provider, where he was responsible for overseeing global sales. Jones was instrumental in expanding the company’s size and sales force and also played a vital role in growing the firm’s ARR year-over-year. Before ScienceLogic, Jones was CEO of Regent, a venture-backed startup providing SaaS-based automation solutions for financial aid verification. “Anodot has made significant strides in 2020, particularly in how we are evolving our business to address the changing needs for our customers. We’ve advanced the AI innovation fueling our technology, onboarded customers and most importantly, we’ve invested in growing our company through strategic hires equipped to tackle new markets,” said David Drai, CEO and co-founder, Anodot. “Welcoming Randy Jones to our executive team will create new opportunities for Anodot as we work with digital businesses across the globe to embrace the next generation of analytics. ”  
November 2, 2020

Anodot Virtually Hosts Tech Leaders at First-Ever Data World Event

Originally published on BusinessWire REDWOOD CITY, Calif. — Making its first-ever debut, Data World is a premier, week-long event that will connect the top minds in data analytics for thought-provoking discussions. Hosted by Anodot, the autonomous business monitoring company, Data World is a free event that will take place October 19-23, 2020 and will stream live via Data Academy, a centralized learning hub and thought leadership platform. Data World will offer can't-miss interactive panel discussions, featuring the top minds of today’s most notable data-driven companies across multiple industries, including eCommerce, adtech, telecom and fintech. Attendees will walk away with newly acquired knowledge of how to leverage successful data strategies implemented by their peers. “During a time of economic upheaval and lack of in-person industry conferences, Data World presents the opportunity for practitioners to discuss the strategic importance of using data insights to adapt to the new norm apparent across businesses today,” said David Drai, CEO and co-founder of Anodot. “This isn’t about the vendor behind the technology, but rather, the digital strategies that are driving better decision-making.” Technologists and data leaders representing companies such as Vimeo, AppsFlyer, T-Mobile Netherlands, Gong, Redis Labs, Spot by NetApp, GetYourGuide, Gainsight, Wix and Vdx.tv will be in attendance. “Data World is a venue for collaborative learning and debuts at a time where we as industry practitioners must come together and set the stage for what’s to come in 2021,” said Lior Solomon, Head of Data, Vimeo, who’s participating in the panel, “Proactive Customer Experience Monitoring.” “We’re hopeful that those attending will walk away with newfound knowledge of how today’s digital business can succeed in a time when customer satisfaction and loyalty is so critical to any organization.” Beginning on Monday, October 19, Data World will offer a jam-packed schedule of panels. Anodot will be joined by leaders from data-driven companies to discuss: Saving Big on Cloud Costs - speakers from Spot, Wix and GetYourGuide will discuss how they’ve optimized cloud usage to save hundreds of thousands of dollars. Demand Gen Like a Pro - speakers from AppsFlyer and Gong will offer real-world methods for managing spend, their favorite attribution models and services, the KPIs and alerts they monitor most, how to automate tasks and optimization success stories. The Future of Network Monitoring - T-Mobile and Anodot’s Chief Data Scientist, Ira Cohen, will discuss the technologies that are supporting today’s critical initiatives, such as transitioning to the cloud, 5G deployment and high-speed broadband, in addition to implementation strategies. Proactive Customer Experience Monitoring - data and customer success leaders from Vimeo and Redis Labs will address the challenges of monitoring a large customer base and will offer advice on how to use real-time monitoring and alerts to anticipate customer needs. Building Resilient Products - tech and product leaders from Gainsight and Exponential will share proven strategies for creating a customer-centric culture for product and engineering teams and useful tools to support these initiatives. To register and learn more, visit the Data World event page and the Data Academy platform.
October 23, 2020

Harvard Business School Studies Anodot Autonomous Business Monitoring & Plans for Growth

See the full publication here. JANUARY 2021, CASE ,HBS CASE COLLECTION ABSTRACT Autonomous business monitoring platform Anodot leveraged machine learning to provide real-time alerts regarding business anomalies. Anodot’s solution was used in various industries in order to primarily monitor business health, such as revenue and payments, product usage and customer experience. Every day, Anodot used 30 types of learning algorithms to analyze 6.2 billion data points and 428 million unique metrics. By 2019, Anodot’s platform tracked more than 400 million metrics daily, driving four billion autonomous decisions that were translated to less than 1,000 alerts for all its customers. This highly accurate monitoring led to a low incidence of false positives, or false alerts, and customer satisfaction was high. Since Anodot’s tool had the ability to identify granular business anomalies in real time, such as an unexpected drop in e-commerce sales for particular products or markets due to a technical glitch, fast detection and resolution of the problem meant that the potential financial damage could not be easily measured. The management team contemplated several strategic issues: How could they help their customers realize the value of Anodot? They had been working on several tools to show the value in different stages of the sales cycle and post-sale, but it was still hard to measure the actual financial value. In 2019, Anodot had adjusted its strategy to focus on client verticals and use-cases that would benefit most from Anodot. Would this make the sales process any easier? An improved product-market fit, combined with an ability to measure Anodot’s value, could increase conversion and retention. Should they narrow down the use cases even more? As the team was thinking about their next funding round, it was important to prioritize their efforts.
October 2, 2020

Datanami Talks to Anodot's Ira Cohen About Chief Data Scientist's Role Amid AI/ML Acceleration

September 23, 2020

Anodot Appoints Vishal Rao to Board Of Directors

August 16, 2020

CRN® Recognizes Anodot on the 2020 Emerging Vendors List

REDWOOD CITY, California – August 17, 2020 - Anodot, the autonomous business monitoring company, announced today that CRN®, a brand of The Channel Company, has named Anodot to its 2020 Emerging Vendors list in the Big Data category. This annual list pays tribute to new, rising technology suppliers that exhibit great promise in shaping the future success of the channel.  Anodot uses machine learning to continuously monitor business metrics and detect significant anomalies for more than 100 customers, including Atlassian, Xandr, T-Mobile, UPS, Bird, Vimeo and Nordstrom. As opposed to BI tools and static thresholds, Anodot’s algorithms have a contextual understanding of business metrics. By continually monitoring and correlating business performance, Anodot identifies revenue-critical issues, providing real-time alerts that help users cut incident costs by as much as 70 percent. Now, more than ever, it's critical that businesses adopt solutions that empower them to leverage business data to quickly respond to changing user demands and resolve hidden revenue leaks.  “Today’s data-driven companies are managing millions, if not billions, of daily data points and metrics, but traditional monitoring tools are failing to keep pace,” said David Drai, CEO and co-founder of Anodot. Our patented algorithms autonomously analyze data from siloed network operations, business operations, and customer experience systems to deliver the right results in real-time. We thank CRN for recognizing our innovative approach to helping companies leverage their data to take immediate action, avoid losses and stay on top of business success – especially in times of economic turbulence.” CRN’s Emerging Vendors recognizes pioneering technology suppliers in IT that are inspiring the industry with groundbreaking technologies and best-in-class offerings that elevate businesses. This list serves as a valuable resource for solution providers in search of the latest tech resources.  “CRN’s 2020 Emerging Vendors list recognizes vendors that are revolutionizing the IT channel with innovative solutions that meet the complex demands of our industry,” said Blaine Raddon, CEO of The Channel Company. “It honors inspirational new vendors that are driving channel growth with state-of-the-art technologies that will continue to shape the channel into the future.” The 2020 Emerging Vendors list is featured in the August 2020 issue of CRN Magazine and online at www.CRN.com/EmergingVendors.   About Anodot Anodot's Business Monitoring platform uses machine learning to constantly analyze and correlate every business parameter, providing real-time anomaly alerts and forecasts. Fortune 500 companies, from digital business to telecom, trust Anodot's patented technology to reduce time to detection and resolution for revenue-critical issues by as much as 80 percent. Anodot is headquartered in Silicon Valley and Israel, with sales offices worldwide. To learn more, visit www.anodot.com and follow them on LinkedIn, Facebook, and Twitter. About The Channel Company The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com Follow The Channel Company: Twitter, LinkedIn and Facebook  ©2020 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.