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10 Data Analytics Vendors To Watch In 2018

The big data analytics software arena is crowded. Here are 10 companies that could break from the pack in the new year.

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Anodot

Top Executive: CEO David Drai

Business analytics vendors have been falling all over themselves to catch the artificial intelligence wave and build AI and machine learning capabilities into their software.

One company that's gained a lot of attention for its efforts is Anodot, a developer of business analysis software that uses machine learning technology to detect anomalies within huge volumes of data and help businesses identify problems and capture new opportunities.

Anodot, founded in 2014 in Ra'anana, Israel, with U.S. headquarters in Sunnyvale, Calif., develops software that companies use to identify blind spots in their businesses, analyzing data metrics in real-time to quickly identify anomalies such as a sudden drop in clicks for an online advertisement or a spike in interest in a particular product.

In November the company debuted AI Analytics for Retail, software that online retailers use to analyze data about market presence (search/comparison, sites/forums), product presence (inventory, types, options, product images), site and store performance, customer journey, payment process, shipping process, returns process and more.

In December Anodot said it tripled its revenue over the past year and the startup raised $15 million in venture funding, bringing its total Series B round of financing to $23 million.

 
 
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