BIG DATA MANAGEMENT
J.D. Power | June 06, 2022
J.D. Power, a global leader in data analytics and customer intelligence, today announced that it has acquired the data and predictive analytics business of We Predict, the UK-based provider of global automobile service and warranty analytics. We Predict’s software, which is used by auto manufacturers and suppliers to project future component failures and future warranty claims and costs, will be leveraged by J.D. Power to enhance its vehicle quality and dependability analytics, expand repair cost forecasting and provide critical valuation data.
“Robust data and powerful analytics that help manufacturers, suppliers and consumers better predict future repair costs are a key link in the auto industry value chain that will only become more important as fleets of new electric vehicles start rolling off the assembly line,” said Dave Habiger, president and CEO of J.D. Power. “By augmenting our existing offerings with We Predict’s forecasting software, we will be able to deliver a more complete, detailed view of repair-related costs to better anticipate financial risk exposures.”
“As the automobile industry enters a phase of massive transformation in which electric vehicles and ever-more complex technologies are rapidly becoming the norm, warranty claims and repair costs are a critical variable for manufacturers and suppliers to incorporate into their forecasting. “By incorporating We Predict’s comprehensive data and powerful analytics into our vehicle quality, dependability and valuation platforms, we will be able to create the industry’s most robust and accurate view of future warranty claims and repair costs.”
Doug Betts, president of the global automotive division at J.D. Power
We Predict software uses machine learning and predictive analytics to develop detailed projections of future warranty claims and repair costs for the global automobile industry. Drawing on a database of billions of service records, We Predict can accurately forecast true vehicle ownership costs, residual values, repair and warranty claims costs and more.
“J.D. Power invented the idea of using data and analytics to evaluate vehicle quality and dependability, so the opportunity to become a part of that team and bring our software and operational data into the offering is enormously exciting to all of us at We Predict,” said James Davies, We Predict CEO. “The industry and consumers need accurate repair cost forecasting now more than ever and we look forward to being the leader in delivering those solutions.”
Davies will become vice president of repair analytics and data at J.D. Power. We Predict will become part of the global automotive division at J.D. Power.
About J.D. Power
J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.
About We Predict
Formed in 2009, We Predict uses machine learning and unique predictive methodologies to assist global blue-chip customers in anticipating and accelerating decisions on product, on market, as well as on financial performance. Our top-notch data scientists, mathematicians, computer scientists and industry experts work together with our clients to explore and gain new insights into where your business is headed, creating the opportunity to course-correct with confidence. Using our service, clients gain insights into huge amounts of data at the touch of a button so they can take action—fast. Some guess, we know.
BIG DATA MANAGEMENT
Promethium | June 09, 2022
Promethium, the solution for collaborative data analytics, has been named the best Data Tools & Platforms of 2022 as part of the annual SIIA CODiE Awards. The CODiE Awards recognize the companies producing the most innovative business technology products across the country, and around the world.
"Winning this CODiE award for Best Data Tools & Platforms is a great honor," said Promethium CEO and Founder Kaycee Lai. "When I worked as a data analyst the workflows were slow and broken, and they still are today. There wasn't one single solution that made it faster and easier for everyone - technical or not - to leverage data. So we built one. Now the workflow from question to data to answer takes minutes instead of months."
Promethium's collaborative data and analytics offers two major advantages. First of all, it's an all-in-one solution. The entire data and analytics workflow can be completed by one person with one solution without long wait times, while also reducing costs. Secondly, it's powerful enough for data engineers, and easy enough for everyone else. Complexity has been eliminated with a no-code user experience and powerful Natural Language Processing automation.
Last year Promethium was a CODiE awards finalist for Best Data Tools & Platforms.
"Even during these tumultuous times, business application, software, service and product providers continued the industry's long tradition of developing and marketing innovative solutions to meet business needs. "We are proud to recognize this year's class of CODiE Award winners. They truly represent the best of the best in a highly-competitive and ever-evolving market."
SIIA President Jeff Joseph
The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, announced the full slate of CODiE winners during an online winner announcement June 8 in the metaverse.
Acknowledged as the premier awards program for the software and information industries for over 35 years, the SIIA CODiE Awards are produced by the Software & Information Industry Association (SIIA), the principal trade association for the software, education, media and digital content industries. Promethium was honored as one of 46 winners across the 45 business technology categories, including seven leadership categories recognizing outstanding companies, individuals and teams.
The SIIA CODiE Awards are the industry's only peer-reviewed awards program. The first-round review of all nominees is conducted by software and business technology experts with considerable industry expertise, including analysts, media, bloggers, bankers and investors. The scores from the expert judge review determine the finalists. SIIA members then vote on the finalist products, and the scores from both rounds are tabulated to select the winners.
Forty-three awards were given this year for products and services deployed specifically for B2B software, information and media companies, including the Best Overall Business Technology Product, awarded to the product with the highest scores of both rounds of judging.
About the SIIA CODiE™ Awards
The SIIA CODiE Awards is the only peer-reviewed program to showcase business and education technology's finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence.
Promethium is the collaborative data and analytics solution used by data-driven enterprises to enable every employee to make data-driven decisions in real time without the technical complexity of data management. With Promethium, users can find data-driven answers by using intuitive natural language search. Unlike other solutions, there are no long implementations because data doesn't need to be moved and is accessed where it is. Connect data sources to Promethium and within minutes users can see results. Answers from data in minutes instead of months.
Expotrade | November 15, 2021
The 8th Smart Data PLUS Summit and SDS+ Data Awards will get underway next week on the 17th and 18th of November 2021 at the Le Méridien Dubai Hotel & Conference Centre, UAE, providing a live and in-person overview of the latest advancements in the big data and advanced analytics space. Organized by Expotrade Global, the two day event will bring together over 400 senior delegates representing big data analytics, business intelligence, marketing and customer experience, digital transformation, and strategy, from the region and other countries across the globe.
In a world with unprecedented digital transformation, the program agenda will oversee conversations around data maturity, data observability, data governance and data ethics. Through keynotes, in-depth panel discussions and insightful fireside chats from international and regional subject matter experts, attendees can gain first hand access to the latest developments in the fast moving world of big data and AI.
Just some of the insightful topics delegates can expect to learn about include:
Exerting Influence & Extending Impact –The Evolving Dynamics of Tech & Data from a Middle Eastern Context, a fireside chat between H.E.Thuraya Al Hashimi, Executive Director - Digital Data Enabling Sector, Federal Competitiveness & Statistics Centre, Ministry of Cabinet Affairs UAE and Mostafa Zafer, Vice President, Data, AI, Automation and Security MEA, IBM – Lead Sponsor
Data Democratization – How to Bridge the Divide between People and Technology, presented by Vishal Soni from our Platinum Sponsor - Alteryx
Breaking the Data Gravity Notion with Logical Data Fabric, presented by Alexey Sidorov, Data Management Director from Gold Sponsor - Denodo
Urban Change Makers: The story of Abu Dhabi’s AI Capability, presented by Dr. Humaid Saif Saeed, Director of the Artificial Intelligence Applications, Abu Dhabi Police
ArabyAds Data Transformation : Migrating a Complex Coupons Tracking Analytics to Snowflake, presented by Frédéric Leroy, Chief Technology Officer, ArabyAds
How AI Bring Social Listening to New Levels of Sophistication presented by, Awis Kilani, Marketing Manager from our Gold Sponsor - Lucidya
Empowering MENA governments and Public Sector – Leveraging Smart Data, Advanced Analytics and Artificial Intelligence
Delegates can expect to hear from such esteemed speakers as:
H.E.Thuraya Al Hashimi, Executive Director - Digital Data Enabling Sector, Federal Competitiveness & Statistics Centre, Ministry of Cabinet Affairs – UAE
Budoor Al-Amoudi, Chief of Data Management, Dubai Airport Freezone Authority
Latifa Saleh AlShehhi, Head of Algorithms Analysis & Development Section, Federal Competitiveness & Statistics Center, Ministry of Cabinet Affairs
Ramzi Ben Ouaghrem, CTO, Cloud & Cognitive Technical Executive, IBM Middle East & Africa
Mohamed AlMadhaani, Advisor - Technology & Policy, Abu Dhabi Digital Authority
Dr. Amjed Al.Thuhli, Information Technology Consultant, Ministry of Transport, Communications & Information Technology - Oman
Faisal Ali, Group Chief Information Officer, Gargash Group
Ahmad El Sayed, Chief Data Scientist, Data & AI, IBM
Prashant Tewari, Regional Sales Director, Acceldata
Seham El- Behissy, General Manager Digital & Connected Cars - Middle East, Groupe Renault
Suraj Nair, Head of IT, MENAP & Customer Digital Lead, Mondelēz International
Awad Ahmed Ali El Siddig, Team Leader, AI & Analytics, Adnoc Distribution
Muzoun Al-Nuaimi, Director of Reporting and Analytics, Jumeirah Group
Natalie Fuller, Head of Data Analytics, CAFU
Shaily Verma, Director Data Insights, DAMAC Properties
Taghrid Al Saeed, Senior Vice President - Head of Media Intelligence & Innovation, Mubadala Group Communications
Nicola Hobson-Langley, Regional Head Analytics & CRM Europe & Middle East, RBWM, HSBC
Tina Chikhani Nader, Head of Digital Commerce, Unilever MENA
Shaikha Hassan Al Mansoori, Head of Investment & Strategy - Digital Health Department, Ministry of Health and Prevention – UAE
With the exciting new addition of the SDS+ Data Awards, this event will acknowledge and celebrate the organisations that are excelling in their implementation of AI and big data analytics. The awards will recognise the achievements of companies that have truly embraced digitization and have enjoyed significant improvements to their business as a result.
Don't miss out on the opportunity to attend the Smart Data Summit Plus and SDS+ Data Awards next week and discover the latest advancements in big data analytics and AI Technology.
The Smart Data Summit Plus and SDS+ Data Awards is an in-person event, with hygiene and social distancing measures strongly enforced in accordance with DHA guidelines.
For more information, visit: bigdata-me.com
Expotrade is a global conference and event organizer with its head office based in Melbourne, Australia. Expotrade has delivered some of the largest, most successful B2B industry conferences and events in the areas of infrastructure, major projects, sustainability, technology & architecture. For over 10 years, our unique blend of knowledge, experience and flexibility has accomplished an array of consistently top-quality events. Today, Expotrade events enjoy such a distinctive edge, they are amongst the best patronised in the calendar.
For more information, visit www.expotradeglobal.com
BIG DATA MANAGEMENT
EXL | December 21, 2021
EXL , a global analytics and digital solutions leader, today announced its acquisition of Clairvoyant, a global data, AI, and cloud services firm. The acquisition strengthens EXL’s capabilities by adding additional expertise in data engineering and cloud enablement, further supporting its clients in insurance, healthcare, banking and financial services, and retail.
With the acquisition, Clairvoyant will become part of EXL’s fast-growing analytics business, which helps clients make sense of data to drive better decision-making across the enterprise and rapidly adapt business strategies in response to market changes. The addition of Clairvoyant’s talent and capabilities in data engineering, AI/ML operations and cloud will accelerate EXL’s data-driven strategy, expanding critical cloud operations capabilities to help our clients drive large-scale digital transformation projects and generate faster value from modern cloud-based data and analytic platforms.
“Data has become the lifeblood of every industry as businesses confront volatile swings in the economy, changes in consumer preferences and the need to continually adapt to new technology. Clairvoyant has established itself as a leader in data and cloud engineering, bringing many of the key structural components we need to expand our offerings and help our clients harness the power of data to enable better and faster decision making.”
Rohit Kapoor, EXL Vice Chairman and Chief Executive Officer
Founded in 2012, Clairvoyant has consistently been named among the fastest growing and most innovative privately held companies in the U.S. Headquartered in Phoenix, AZ, with multiple offices throughout North America and India, the company employs more than 550 people globally and serves marquee clients in the financial services, retail, healthcare, and tech industries.
“The need to quickly aggregate and interpret data has grown exponentially across industries in recent years,” said Vivek Jetley, Executive Vice President and Global Head of Analytics at EXL. “As our clients look to leverage the power of analytics for business advantage, they need to modernize their data capabilities to keep pace. Having worked closely with Clairvoyant, we believe that the combination of our domain expertise, data management and analytics capabilities and their industry-leading data and cloud engineering services will help clients increase agility and speed to value and set the stage for breakthrough solutions.”
"We are thrilled to join forces with EXL. We share a culture of fearless innovation and a relentless commitment to helping our clients overcome some of their biggest challenges,” said Chandra Ambadipudi, Co-Founder and Chief Executive Officer at Clairvoyant. "By integrating our capabilities with EXL’s broad reach and expertise, we will be able to add value across a much wider range of clients and unlock exciting new growth opportunities along the way."
The transaction was completed in the fourth quarter of 2021. Clairvoyant is expected to be accretive to 2022 adjusted diluted EPS and will be reported in our Analytics segment.
EXL is a global analytics and digital solutions company that partners with clients to improve business outcomes and unlock growth. Bringing together deep domain expertise with robust data, powerful analytics, cloud, and AI, we create agile, scalable solutions and execute complex operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media, and retail, among others. Focused on driving faster decision-making and transforming operating models, EXL was founded on the core values of innovation, collaboration, excellence, integrity and respect. Headquartered in New York, our team is over 34,000 strong, with more than 50 offices spanning six continents.
Clairvoyant is a global technology consulting and services leader that helps organizations in their business transformation by maximizing the value of data through actionable insights. The company provides data engineering, analytics, machine learning, product engineering, and cloud-based solutions to some of the world's largest brands. Founded in 2012, Clairvoyant is headquartered in Phoenix, AZ, with offices in the U.S., Canada, and India.