| Investors Impressed By Mix Of AI And Analytics Artificial intelligence and data analytics are both popular targets with investors. Combine the two, and you have a startup that is extra attractive to backers. This week's B2B venture capital roundup saw more than $175 million raised, the vast majority of which went to one firm using AI to power its 'Google-like' analytics platform for corporates. |
| | Data and Business Intelligence | | For Improving Financials, Putting Big Data Into Context Is Key Corporates struggle with nearly incomprehensible volumes of data in their IT systems. The information is there, and has the potential to catch expensive accounting errors, improve compliance and reveal patterns in spend and cash flow. But traditional data analytics strategies rely on static data points, explained Celonis co-founder and CEO Alexander Rinke. Information has to be placed in context to not only identify a problem, but to know one exists in the first place. |
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