Deloitte will use Anodot’s AI/ML solution to expand its Consulting Analytics & Cognitive practice’s portfolio of AI-powered service offerings. Bringing together Anodot’s anomaly detection capability with Deloitte’s business advisory, data and analytics capability creates a unique value proposition to help businesses proactively identify and fix anomalous business and technical incidents that would otherwise lead to millions of dollars lost in sales, production or fraud.
With vast amounts of data collected across business and IT metrics, it becomes increasingly difficult to track, analyse and derive valuable business insights, especially with traditional Business Intelligence (BI) and do-it-yourself approaches. With Anodot’s autonomous analytics, data is rapidly analysed across all data sources in real-time. Its predictive capabilities detect risks before they reach customers, allowing users to make the right decisions and prevent major crises.
“Traditional BI tools are not suitable in a dynamic environment with large data volumes because they cannot detect anomalies at the necessary pace, resulting in delayed or neglected business insights, said Shyam Sundar, Head of APJ at Anodot. “With its AI/ML solution, Anodot automatically learns the normal behavior of individual metrics in any type of data stream and tracks them for abnormalities. As we continue to help customers throughout the world gain real-time business insights, we are thrilled to be working with professional services leader, Deloitte.”
“We’re excited to leverage Anodot’s machine learning capabilities to process high volumes of real-time data in innovative ways, to help our clients gain the business insights they need to instantaneously identify issues and opportunities that would otherwise be missed,” said Lee Anderson, Deloitte Partner. “From proactively monitoring telecommunication networks, power and utility asset performance, or financial transaction processing, right the way through to back office IT systems – we see enormous potential to help our clients address critical business issues and target new opportunities for increased business performance.”
“We are honored to launch this exciting alliance with Deloitte, further solidifying our steady growth” said David Drai, CEO and Co-Founder of Anodot, “As we expand globally, we will continue to give our customers across the world the cutting-edge ability to achieve actionable insights that truly impact their bottom line.”