Mark Anderson
York, home to an emerging hub of tech startups, has been experiencing an innovative disruption within its tech ecosystem, particularly in the field of analytics. Businesses worldwide have begun to recognise the merits of utilising data analytics to understand trends, predict outcomes, and drive strategic decision-making. Since 2020, an array of promising York-based startups operating in the analytics industry have taken up the task of integrating data analytics solutions into various industries, ranging from HR to Finance, and Professional Networking to AI. Here, we take a closer look at a selection of these startups to better understand their unique value propositions and contributions to the growing analytics sector.
Knoetic
Launched in New York, Knoetic is a unique platform designed for chief people officers that merges a social network and an analytics tool within a single platform. This startup, led by founder Joseph Quan, effectively combines qualitative and quantitative insights to help CPOs make more informed decisions about their workforce. Knoetic boasts of having a customer base which includes global tech companies, further attesting to its impactful presence in the analytics industry.
Black Crow AI
Another New York-based startup, Black Crow AI, developed by founders Damon Tassone and Richard Harris, offers a business analytics platform that provides real-time insights to users. Employing machine learning, this platform enables improved customer acquisition efficiency. More information on the disruptive startup can be found on its LinkedIn page.
Workstream.io
Workstream.io, based in New York, is transforming the way teams manage complex, analytical projects. Founded by Chris Ibarra and Nicholas Freund, this tool streamlines the process of project management whilst simultaneously incorporating detailed analytics.
ShotQuality
ShotQuality, based in Larchmont, New York, aims to revolutionise sports analytics by assessing the quality of each shot in gameplay instead of merely grading shots as made or missed. Over 60 NCAA D-1 teams are already utilising this unique tool to augment their performance.
Finvar Capnote
New York-based Finvar Capnote, built by founders Ikenna Ene, Kenneth Huynh, and Pedro Martins, aggregates, interprets, and analyses financial data to provide valuable insights. Capnote, their platform, harnesses big data to make fast and efficient financial decisions.
Theme Analytics
Led by founder Peter Wild, Theme Analytics is assembling proprietary strategies to generate positive, risk-adjusted returns for their trading firm. They are shredding new paths for finance and trading in the analytics industry.
OpenAxis
OpenAxis, launched in New York by founders Alex Damianou, Andrew Chung, and Patrick Russo, are developing data visualisation tools that enable advanced analytics to be more easily showcased and understood.
Rasgo
Rasgo is an AI-centric analytics startup that aims to eliminate data inconsistencies that lead to variant answers from identical datasets. Guided by founders Jared Parker and Patrick Dougherty, Rasgo is already assisting businesses across various industries with their modern data solutions.
AlphaBBL
AlphaBBL, an analytics firm specialising in oil and gas industry, was founded by Robert Powell and Tian Xu. Their advanced data mining algorithms give them an edge in onshore storage measurement, solidifying their position in the sector.
Groundwork
Groundwork AI, established in Brooklyn by founders Beth Calhoun-Leipold and Julian De Ocampo, empowers geoprofessionals by allowing them to incorporate advanced data analytics into their daily functions. Groundwork AI’s solutions can significantly boost infrastructure efficiency and safety.
Discern.io
Founded by Helen Lin, Discern.io uses advanced analytics to boost the effectiveness of software applications. As another standout startup within the thriving York-based analytics industry, Discern.io is reinventing how software leverages data to optimise performance.
York’s growing analytics sector, led by these pioneering startups, will no doubt continue to push boundaries, and drive the adoption of analytics across businesses. Their innovative applications of analytics are setting trends and raising standards for the future of analytics worldwide.
