Marc Andreessen famously proclaimed in 2011 that “software is eating the world”. Fast forward to today and it’s data eating the world. Data is growing somewhat faster or much faster than other types of data in 71% of enterprises according to Western Digital. By 2025, there will be 175 zettabytes (10,000 TB) of data. Solidatus is a metadata management and data lineage platform that’s focused on how enterprises view, manage, and understand their growing mounds of data. The company focuses on letting its customers harness the data economy, whether it’s for compliance, governance, introducing efficiencies, or even digital transformation efforts. Solidatus is currently used in a variety of industries including pharmaceuticals, banking, aerospace, manufacturing, consulting, and telecommunications. In 2020 alone, the company was able to quadruple its revenue as the pandemic introduced new complexities for data management across location and geography. London TechWatch caught up with Cofounder Philip Miller to learn more about the company, its future plans, and recent round of funding from investors that include AlbionVC, HSBC Venture,s and Citi.
Data and Analytics
I am sure many of you have used Google Trends in the past. But, for those of you that are not aware of this terrific tool, now is the time to learn how valuable it can be for your business.
Data volumes are growing exponentially and expected to hit 175 zettabytes by 2025. For businesses managing this unprecedented growth, ensuring compliance with regulatory initiatives like GDPR and the California Consumer Privacy Act has become a challenge. eXate is the data management solution that enables enterprises to have a single application to manage data visibility and privacy across the data landscape. Companies can now readily capture the value of the data that they possess and share the data internally without getting bogged down by privacy concerns, resulting in significant value creation, cost savings, and efficiency. London TechWatch caught up with CEO and Cofounder Peter Lancos to learn more about pain point that eXate addresses, the burgeoning data privacy space, and the company’s recent funding round from investors that include Outward VC, ING Ventures, and Triple Point Ventures.
Programmai’s predictive marketing software uses customer data to accurately predict customer spending for both the short and long term. Applying machine learning, marketers can use predictive values from Programmani to develop marketing programs and hone acquisition costs, no longer taking stabs in the dark but instead basing these decisions on justifiable data and forecasts. London TechWatch caught up with CEO Dean Murr to find out how his previous experience at Asos led him to create Programmai, the company’s experience raising during the pandemic, and recent funding round.
It’s an unprecedented time to study genetics because technological advancements and the raw computational power available are helping scientists make sense of DNA in an unprecedented way. Lifebit CEO Dr. Maria Chatzou Dunford offers some insight on how her company’s platform allows researchers to analyse data faster than ever and extract actionable insights to develop better drugs, therapies, diagnostics, and products.
Yapily is addressing a huge opportunity in Europe as the backbone of Open Banking, and the infrastructure that partners need in order to take advantage of Open Finance.
For too long online users have been too willing to hand over their personal data in exchange for using mobile services (e.g., Apple, Facebook, Amazon, Google, etc.). As these companies continue to expand their footprints, untethered by regulators, into every facet of their customer’s lives there is a growing revolt.
Data in all formats will soon be the largest source of new opportunities for startups or death.
The importance of establishing a digital identity and taking ownership of your online, personal data is now a core necessity. Digital identity app Yoti taps into the power of biometrics to enable secure website logins, instead of remembering passwords. With over 4.7 million downloads, Yoti prioritizes the consumer, so individuals can share specific identity details – […]
Even though ‘big data’ has now been around for several years, the opportunities for startups seem to keep growing, just as the amount of data keeps growing.