Everstream Analytics is an AI-driven analytics platform that provides real-time insights on customer behaviour. Founded in 2020, the company recently announced the close of its Series A funding round—raising a total of $24 million. This infusion of capital will allow Everstream Analytics to expand its platform and add more comprehensive data science capabilities.
The primary benefit of using Everstream Analytics is that it significantly simplifies the process of collecting, analyzing, and interpreting customer data. With easy-to-understand visualizations and machine learning algorithms, this platform automates many traditionally manual tasks so customers can gain valuable insights in less time. Other features include trend tracking, audience segmentation, and automated email triggered by customer activity. All of these features are designed to improve understanding of current customer behaviour and inform better decisions going forward.
The influx in funding will enable Everstream Analytics to focus more on developing new tools such as predictive analytics and advanced reporting solutions for business decisions. It also plans to strengthen its core offering – bringing even deeper customer insights for teams needing them most.
Initially launched with a focus on digital products, including ecommerce stores, subscription services, and mobile applications – the next step in its roadmap includes integration with physical products such as IoT devices and wearables to allow businesses to monitor customers from almost any perspective imaginable. Regardless of how companies decide to use it or adapts it over time – the potential value proposition that Everstream Analytics brings is clear – a unified view into customers across multiple touchpoints for greater understanding today’s consumers than ever before possible through any other single analytical application.
Overview of Everstream Analytics
Everstream Analytics is a cloud-based analytics platform that provides businesses with a comprehensive view of their customers by combining data from various sources. Recently, the company raised $24M in Series A Funding, and is now well-positioned to help even more businesses capitalize on the power of data.
In this article, we will take a closer look at the features and benefits of Everstream Analytics and how they can help businesses make data-driven decisions.
Everstream Analytics Raises $24M in Series A Funding
Everstream Analytics is an advanced supply chain analytics company that helps their customers to manage and analyse data from across the entire supply chain. Everstream provides real-time insights on potential customer issues, supplier performance and product efficiency. They also provide predictive analytics for optimizing inventory, forecasting demand, and much more.
The company has developed a cloud-based Supply Chain Intelligence System (SCIS) that allows users to analyze data faster with unprecedented accuracy. With SCIS, users gain better insights into business operations and customer behaviour in order to make smarter decisions quickly. This system also helps equip organizations with advanced analytics capabilities such as machine learning algorithms and artificial intelligence.
Everstream aims to help organizations drive more efficient decision making while reducing cost and complexity in their supply chain operations. Additionally, they are committed to helping create customer successes by providing access to cutting edge tools that will allow them to improve quality, reduce costs, increase efficiency and boost ROIs through the use of big data analytics capabilities.
Through using Everstream Analytics’s technology platform and services, businesses can gain greater visibility into their supply chains while having a higher level of control over inventory management systems which can lead to increased effectiveness in product delivery times resulting in improved customer satisfaction rates. Most recently in 2021, Everstream raised a Series A round of funding for $24 million for further growth opportunities.
What services does Everstream Analytics provide?
Everstream Analytics provides a platform that enables organizations to identify gaps in data availability and quality, monitor data systems for errors and insights, improve the accuracy of analytics, and track the usage of their data. By using modern machine-learning algorithms, Everstream Analytics can detect underlying patterns in large datasets that traditional tools often overlook.
The platform offers a variety of services designed to increase data accuracy, efficiency, and trust:
– Data Quality Assurance: Everstream Analytics uses automated technologies to identify discrepancies in data sets between multiple sources quickly. It also provides insight on how inconsistencies may occur throughout the organization’s processes.
– Data Tracking & Insights: By tracking usage across customers, Everstream Analytics builds an understanding of how users interact with your organization’s data. This insight allows companies to drive user engagement through personalized insights or experiences by sending custom messages within their product experiences.
– Automated Rules & Notifications: Customizable rules help business stakeholders keep their teams up to date with the status of their company’s data systems by notifying them when changes are detected or when new anomalies arise.
– Advanced Auditing & Metrics Monitoring: Collectible metrics provide deeper understanding into user activity across any system connected through the data layer by providing alerts about operational issues or outlier activity at scale.
In June 2021, Everstream Analytics raised $24M in Series A funding from top venture capital firms including Emergence Capital and GGV Capital. With this investment they plan on expanding operations while continuing to focus on research & development efforts that explore how machine learning innovations can improve customer experiences around managing accurate datasets. The company plans on rolling out new features such as tooling focused on automating DevOps management in Q3 2021 which will help foster more agility and compliance around managing customer businesses’ realtime cloud service interactions both internally and externally with other stakeholders in the ecosystem.
Benefits of Everstream Analytics
Everstream Analytics is a data management company that has received $24M in Series A funding. As the demand for data and analytics solutions increases, the company is focused on providing users with the advanced analytics that they need to make informed decisions.
In this article, we’ll look at the benefits of Everstream Analytics and how it can boost an organization’s data-driven capabilities.
Improved customer experience
Using Everstream Analytics can help companies create a better customer experience. Through the platform’s insights, organizations can understand trends across customer segments and make informed decisions based on data-driven analysis. This allows businesses to deliver personalized experiences tailor-made to individual customers’ needs and preferences. With this in-depth understanding of their target market, companies can maximize their conversion rate and increase the lifetime value of each customer.
In addition, Everstream Analytics helps businesses set up targeted campaigns that are tailored to specific users or groups, allowing them to quickly reach the right audience with effective offers and promotions.
Everstream Analytics also provides access to real-time analytics which helps companies respond quickly to changes in their customer behavior. By continuously monitoring user engagement with various features within their product or service, businesses can rapidly adjust their strategies in order to meet their target objectives more effectively. This helps organizations stay agile and pivot quickly as needed in order to ensure an optimal outcome for every investment dollar spent on campaigns.
In addition, by providing valuable insights into customer churn rates and other key metrics, Everstream Analytics helps organizations minimize risk when devising marketing strategies as well as identify potential opportunities for growth that could otherwise go unnoticed.
Increased efficiency and accuracy
Everstream Analytics is a powerful analytics platform that uses data science and machine learning to help businesses make faster, better decisions. It provides instant insights into customer behavior, allowing companies to quickly identify trends and take advantage of new market opportunities. With its comprehensive suite of tools, companies are able to uncover actionable insights that help them gain an edge over their competition.
Using Everstream Analytics, businesses can make decisions with increased efficiency and accuracy. By leveraging its algorithms and predictive analytics capabilities, businesses have access to a wide range of useful information that can be used in a variety of ways. For example, it can help companies analyze data quickly, track customer lifetime value and purchase behavior in real time and offer insight into customer segmentation. Additionally, with its ability to generate detailed reports for performance analysis and decision making at any level of the organization, Everstream Analytics makes it easier for teams to work more efficiently than ever before.
Moreover, Everstream Analytics is extremely cost-effective as well. Its subscription-based pricing plans are highly competitive compared to other similar solutions on the market today. Additionally, its simple setup process allows for implementation within days instead of weeks or months like most other solutions require – which helps ensure a quick return on investment. In fact, Everstream recently raised $24 million from multiple investors in Series A funding – demonstrating just how committed they are towards ensuring their customers have access to the latest technology available in the field of analytics today.
Increased visibility and insights
Everstream Analytics is an advanced analytics platform that combines AI and machine learning capabilities with real-time data collection to deliver actionable business insights across a large number of industries. Its solutions are powered by its proprietary analytical engine, which processes data quickly and accurately while delivering deep insights into customer behaviors, purchasing trends and competitive landscapes.
By using Everstream Analytics, businesses have the unique opportunity to gain a competitive edge in their respective industries by taking advantage of its powerful capabilities. Enterprises can increase their visibility and get a true sense of what’s driving customer decisions, enabling them to optimize customer experiences across all channels. This helps organizations develop more strategic market approaches that better target their customers’ needs and wants.
In addition to these capabilities, Everstream Analytics also offers robust features such as predictive analytics, targeted segmentation campaigns and automated marketing optimization for improved marketing effectiveness. As such, the platform allows businesses to make more informed decisions about pricing, product selection and customer service in order to maximize business success. With its extensive suite of features, Everstream Analytics provides enterprises with unprecedented access to better understand their customers resulting in improved sales growth in highly competitive markets.
Everstream Analytics Raises $24M in Series A Funding
Everstream Analytics, a data-driven workforce optimization provider, announced it has raised $24 million in Series A funding. The new funding round allows Everstream Analytics to accelerate growth and expand its workforce optimization platform, giving companies the ability to automate and optimize their processes to increase efficiency and profitability.
Let’s check out some of the benefits of Everstream Analytics that this funding has enabled.
What does this funding mean for Everstream Analytics?
The $24 million Series A funding round of Everstream Analytics could provide the company with a lucrative opportunity to usher in a new era of customer data-driven business intelligence.
With the investment, Everstream Analytics is expected to help customers get an in-depth understanding of customer behaviour, predict customer needs and take informed decisions with the help of insights based on their data.
The funds are set to fuel further development of the company’s cutting-edge technology, expand into other geographical markets, and form strategic partnerships. This will allow Everstream Analytics to tailor their platforms for individual customer needs and enable better engagement between brands and customers. Identifying patterns through real-time analytics that helps businesses make better decisions about their goals are some key features that will be attractive to companies eager to remain competitive.
Moreover, subject matter experts added by this series A funding can provide invaluable know-how in data science — helping customers understand how the technology works behind the scenes and enabling more accurate predictions for decision making by companies. All these improvements bring about an enhanced customer experience as businesses look forward to leveraging this understanding brought forth by better analytics capabilities from Everstream Analytics.
How will the funding be used?
The $24 million Series A funding raised by Everstream Analytics will be used to invest in key areas, such as expanding its engineering resources to accelerate and expand the development of proprietary data intake algorithms and provide new generations of real-time insights for businesses. In addition, the company plans to increase investments in technology and analytics operations, hire more staff for customer success, marketing and product functions, expand geographic presence and continue enhancing its existing platform capabilities.
Everstream Analytics’ CEO, Justin Kistner said that this latest capital infusion comes at a time when digital disruption, evolving customer expectations and ever-changing policies have combined to create a more complex environment for business operations. He said that they will use this new fund injection to further expand their leading analytics solutions within this challenging landscape.
Through its data insights platform, Everstream helps organizations recognize trends so they can make wiser decisions faster. It also gives companies an edge in understanding customer behavior since it provides them with timely market insights derived from sources such as social media feeds, financial reports or government regulatory sites. With the addition of this new funding round plus the experience of the team behind it – which includes former executives from McKinsey & Company and EY – Everstream’s product offerings are expected become even more advanced in future months.