Foursquare | May 24, 2021
Unfolded, a next-generation tool for geospatial analytics was acquired by Foursquare today. With the inclusion of Unfolded's capabilities to the Foursquare technology stack, companies and brands will soon be able to not only access Foursquare's industry-leading location data but also interact with it in an integrated platform for merging, enriching, analyzing, and visualizing spatial data - in whatever environment they want.
"Welcoming Unfolded to the team makes the Foursquare platform more powerful, robust, and accessible to our clients and partners," said Gary Little, Foursquare's President, and CEO. “With this acquisition, we are moving closer to our ambitious target of taking Foursquare Everywhere and enabling businesses to realize the full potential of the location and geospatial data and technology.”
Unfolded provides open-source geospatial databases as well as a versatile range of advanced tooling, including its main offering, Unfolded Studio, a self-service app that helps you to turn your geospatial data into insightful maps in minutes. Its expert co-founders have designed several of the leading open source geolocation innovations, including Kepler. gl, deck. gl, and H3.
"Combining Unfolded's strong geospatial technology with Foursquare's comprehensive location data is a winning combination," said Sina Kashuk, co-founder and CEO of Unfolded. "The collaboration will help us establish ourselves as an industry powerhouse, as many companies have one or the other but not both. We will provide completely new integrated solutions for companies that need good geospatial data and analytics to make use of it by joining forces. We are excited to be mapping this different path of geospatial intelligence."
This acquisition accelerates Foursquare's evolution as the single source for high-quality, easy-to-use location data and the technology needed to make sense of it. Customers can easily view and add spatial features to a wide range of first-party and third-party data sets to address important market problems ranging from location selection and competitor conquest to transaction improvement and customer loyalty, among other things.
Foursquare's financial advisor was The Raine Group, and its legal advisor was Pillsbury Winthrop Shaw Pittman LLP.
Foursquare is the leading independent source of location technology. Our technologies assist businesses in making more informed decisions and developers in creating more immersive experiences.
BIG DATA MANAGEMENT
WNS | February 21, 2022
WNS Limited, a leading provider of BPM (Business Process Management) solutions, unveiled a survey report with the title Time to Accelerate your Data & Analytics Journey is Now, which explores the maturity of data and analytics abilities as well as the future outlook across industries. The report, which was based on a WNS-commissioned survey performed by Forrester Consulting, was designed to look at the role of data, analytics, & Artificial Intelligence in assisting businesses in achieving their strategic goals, as well as the difficulties they face in becoming a data-driven company. The study included 450 CXOs and senior decision-makers from important industries such as banking and financial services, insurance, life sciences, consumer packaged goods, manufacturing, retail, and new-age digital/ hi-tech industries from the United States, Europe, and the Asia Pacific.
While 63% of decision-makers perceive data and analytics as a crucial strategic enabler, just 37% prioritize investment in enhanced data and analytics capabilities, according to the report. This emphasizes the immense possibility of acting on corporate goals in the future. Importantly, 68% intend to expand internal capabilities, hire more people, and use cloud and data commercialization solutions. The report emphasizes the importance of cloud-based analytics in helping businesses achieve agility and scalability. Today, 31% of respondents are in the midst of transitioning to a cloud-first strategy, with cloud-based analytics capabilities being a top priority in their plan.
Businesses are prioritizing investment in data fabric/virtualization technologies, Data Lake, and data stream processing to promote increased data and analytics maturity. Higher-maturity organizations are putting more effort into building cloud-based analytics capabilities.
"According to the survey, 82 percent of organizations with an advanced maturity level have experienced positive year-on-year growth over the past three years. Clearly, data and analytics maturity, including robust AI and cloud-based solutions, is a key enabler of business performance and organizational resilience in the new normal. At WNS Triange (formerly WNS' Research and Analytics Unit), we are partnering with global businesses in their data-to-insights journey by leveraging the power of domain, AI / ML and intelligent cloud platforms to co-create future-ready solutions."
Keshav R. Murugesh, Group CEO, WNS
Data and analytics-driven firms have a lot of room to grow in the future. This is due to the growing complexity and diversity of data and analytics operations that rely on AI and ML technology. Staying ahead of the competitors needs data and analytics, and third-party service providers are crucial enablers on this road.
BIG DATA MANAGEMENT
Zoho Corporation | July 14, 2021
Zoho Corporation today launched its Business Intelligence (BI) Platform- an AI-driven data analytics solution that empowers businesses to surface precise and actionable insights via self-service data preparation and augmented analytics. The newly launched Zoho DataPrep when combined with an upgraded version of Zoho Analytics, Zoho’s end-to-end self-service BI Platform enables organizations to cleanse, unify, and analyze cross-departmental data, obtain an encyclopedic view of the company, and ultimately move toward a more competitive business strategy based on real-time insights.
The BI platform brings together pre-built visual dashboards, comprehensive data integrations, data preparation, augmented and embedded BI, security and privacy capabilities, flexible deployment models (cloud or on-premise), and scalability. The four standout pillars of this platform which allows businesses to perform better and remain competitive in their industries have been listed below:
1. Augmented Data Prep and Management – A new application called Zoho DataPrep is an AI and machine learning-driven self-service data preparation tool. This addition to the BI Platform allows business users to create and manage data pipelines easily that allows them to integrate, model, cleanse, transform, enrich, and catalogue data before making it ready for analysis.
2. Data Stories- The Zoho BI platform offers an integrated enterprise portal builder (Zoho Sites) and presentation software (Zoho Show). Embedding live reports and dashboards into a website or presentation allows administrators to wrap additional context around data and foster more immersive discussion on business matters. Data Stories reduces friction within an organization so that businesses can be data-driven without needing to learn new tools.
3. Augmented Analytics- Zoho conversational AI, Zia, allows business users to surface data through natural language querying, with or without technical know-how. In addition to that, the all-new Zia Insights provides textual narration of key insights from reports and dashboards that significantly reduces the time and effort that is required to explore data and glean insights. It also includes what-if capability, enabling scenario analysis for effective decision-making.
4. Marketplace- Through the Zoho marketplace, Zoho is enabling partners to develop and publish analytical apps and integrations to complement Zoho Analytics users, thereby strengthening the BI and Analytics platform. Another dimension is the launch of deep native analytical apps, with domain-specific advanced analytics, in third-party marketplaces such as Shopify, ServiceNow and Atlassian.
The new BI platform is built for scale and is extensible to more than 250 data sources which include Zendesk, HubSpot, Microsoft, Mailchimp, Stripe and Google, thus allowing businesses to integrate and analyze data sourced from diverse third-party systems. Data sources that blend with outside have always been the strength of Zoho Analytics, and a value demonstrated by the fact that 60% of existing users have chosen it as their BI tool while solely running on non-Zoho applications and data sources.
This platform gives users on-demand insight into operational data to inform critical business decisions with the support of Zia. The AI assistant augments data preparation and visualization by utilizing natural language querying and generation, text narration of key insights from reports and dashboards, and cognitive and advanced analytics. These capabilities make it easier to capture actionable data insights to boost operational efficiency and productivity.
More than 50,000 organizations are already using Zoho Analytics. It has steadily been one of the company’s fastest-growing products. Zoho Analytics has grown by 30% YoY with a 40% YoY increase in the enterprise segment within the last two years. The application has seen a 10% jump in customers switching from competitive platforms. Also, 50% of the customers have chosen Zoho Analytics after evaluating multiple competitive BI products. With this new BI Platform, Zoho expects above 45% YoY revenue growth.
Zoho Corporation is one of the world's most prolific software companies with more than 50 apps in nearly every major business category, including sales, marketing, customer support, accounting and back-office operations, and an array of productivity and collaboration tools,
It is privately held and profitable with more than 9,000 employees. Zoho is headquartered in Austin, Texas, with international headquarters in Chennai, India. Additional offices are in the United States, India, Japan, China, Singapore, Mexico, Australia, the Netherlands, and the United Arab Emirates.