AI and big data analytics startup Noogata nets $12M

19 Mar, 2021

AI and big data analytics startup Noogata nets $12M
Photo by Kelvin Zyteng on Unsplash

– Noogata, a startup developing products for designing, implementing, and deploying big data analytics models at scale, today announced that it raised $12 million.
– In addition to expanding its workforce, Noogata plans to spend the capital on accelerating its go-to-market efforts as it seeks to acquire new customers.
– IDC expects the worldwide big data analytics market will be worth $274.3 billion by 2022.
– Thanks to AI, enterprises can collect, enrich, and model data insights, forecasts, and recommendations across departments ranging from sales and operations to finance and marketing.
– But historically, getting this AI into production required in-house development or proprietary out-of-the-box solutions.
– Until relatively recently, there hasn’t been an easy, no-code way to integrate enterprise data systems with predictive models.

Artificial Intelligence Asia Information Technology Machine Learning Software
Crunchbase icon

Content report

The following text will be sent to our editors: