Friday, June 29, 2018

Six Start-Ups Graduate from NetApp Excellerator Program; Applications Now Open for Cohort 3 Until August 5, 2018

Six technology startups from the NetApp Excellerator Cohort 2, an initiative of NetApp India have graduated at the Demo Day in Bengaluru. The four months initiative launched earlier this year, is an effort to help start-ups create market-ready products and solutions by providing access to the technology companies’ expertise, along with its ecosystem of partners and customers. NetApp has also announced applications for the Cohort 3 are open until August 5 with focus on B2B startups in the data-driven areas of AI, robotics, machine learning and data analytics. 

The six tech start-ups are SigTuple, Nanobi, ArchSaber, Anlyz, Dataken and BlobCity have demonstrated their achievements and progress to venture capitalists. 

Speaking to the media on the occasion, Deepak Visweswaraiah, Senior Vice-President & Managing Director, NetApp India says, "NetApp had selected these six data driven startups for their cohort 2 of the NetApp Excellerator program. The selected startups received $15,000 equity free grant and access to NetApp facilities, our deep technologies, HR, marketing and other functions has helped them scale to the next level. We are only promoting their startups and don't own any equity in these ventures including their Intellectual Property (IP).

However, the startups from the second cohort of NetApp Excellerator or the third will continue to work in the data-driven areas of artificial intelligence, analytics, cloud & machine learning, he said.

He goes on to say that mentoring and interacting with the startups have proven to be a great learning experience for us. This year, we saw a diverse mix of startups with respect to gender, stage of evolution and geography - a proof-point that increasing numbers of startups recognize the importance of our data driven business model. 

The program received close to 450 applications for the Cohort 2, from around 250 that registered for the cohort 1. Of these, 10 were shortlisted to participate in a rigorous boot camp that concluded with the six being selected for the cohort 2. Below are the startups that graduated from the cohort 2...

SigTuple builds intelligent screening solutions to aid diagnosis through AI-powered analysis of visual medical data. They are building an artificial intelligence (AI) platform called Manthan, which helps them analyze visual medical data efficiently for their customers. Manthan enable Sigtuple team to work on five major high-volume, screening processes of the health care industry – analysis of peripheral blood smears, urine microscopy, semen, fundus & OCT scans and chest x-rays.

They are working with pathology labs and hospitals to get data for developing our solutions. Each of their solutions is built in partnership with a medical institution and specialists so that the product scope and roadmap are in line with the requirements of the final users. 

Dataken’s Data Science Platform with cognitive capabilities provides Ingest, transform, visualize and analyze capabilities to deliver actionable proactive and predictive business insights across segments. With highly scalable computational, storage and machine learning capabilities along with 250+ industry adaptors are designed to deliver results in complex ecosystem. The platform’s capability has empowered business and operations team to extract, configure and analyze data to meet business demand, real-time.

Dataken’s platform provides one-stop solution to meet the future demand of organizations embarking on IoT, SDN, NFV, LTE, Social commerce and data monetization. The business layer provides 100+ out-of-box solutions for communications, banking & finance, insurance, health care and manufacturing sectors to accelerate their outcome. 

BlobCity provides its customers with end to end data capabilities by making storing and processing diverse data easy. Most analytic products today are required to collectively analyse data of diverse natures, BlobCity offers real-time analytics over this diverse data. For the analysis of transactional data at the speed of transactions, one needs a real-time analytics system. Example in case could be ATM fraud detection, where your analytical algorithm needs to analyse possible fraudulent nature of an on-going ATM swipe, before the machine actually dispenses the cash.

Unlike ATM’s, not all systems need analytics at real-time. If you want to analyse stock market data of the previous day, compare it with a year’s trend and then take a position when the market opens next day, you need a system that can perform this analysis with low-latency to be able to complete analytics for all stock quotes before the markets re- open. Depending on the nature and complexity of the requirement, the term low-latency covers processing times from a few milliseconds to even several hours. BlobCity’s analytics solutions are extremely well suited for such requirements and support high volume of transactions without compromising on analytics speeds. 

Nanobi Data & Analytics
Nanobi delivers analytical insights to clients that help them better understand their customers. Their analytical solutions deliver measurable business impact across revenue upside, cost optimization and end-consumer delight to clients in the healthcare, BFSI space.

Their powerful LiquiData Platform integrates data warehousing, business intelligence, predictive and prescriptive analytics into a single visual stack thereby allowing their clients the ease, efficiency and flexibility of using a one-stop platform to serve their analytical requirements. With a “nanomart” based data architecture and a rich API framework, solutions are built speedily and in easy to consume modules. Nanobi’s platform has built-in conversational bots, which makes it easy for anyone across the enterprise to use analytics to drive decision-making. 

Anlyz is a next-gen security product with granularity and visibility of enterprise threat landscape, using machine/deep learning and Artificial Intelligence (AI) to address enterprise cybersecurity needs.

In the current ecosystem, information is the most valuable currency. Anlyz’s wheels are constantly in motion, scanning the slightest digital cues to keep information safe for their clients. Equipped with advanced cyber capabilities like machine learning, AI & sophisticated hunting, Anlyz is geared to take on threats to predict and prevent attacks even much before they happen. 

Founded in Feb 2016, ArchSaber automates the diagnosis and prediction of issues occurring in a large and complex IT stack. ArchSaber helps enterprises by giving real-time diagnosis of an incident including comprehensive details, from root cause(s) to the critical services, so the resolution can be handled immediately before it becomes an outage.

The firm does deep analytics over finely grained data and ensures that clients get clear causalities amongst events, depicting the domino effect in form of a cause & impact graph. 

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