A Smart Foundation for Smart Initiatives- It&s;s not about Big Data, It&s;s about the Right Data.
Business Model:
Revenue: $0
Employees: 1-10
Address: 6375 San Ignacio Avenue
City: San Jose
State: CA
Zip: 95119
Country: US
It&s;s not about BIG Data, it&s;s about the RIGHT Data. We focus on the administration of data to the devices, systems and humans. We do not believe in BIG data, we have seen too many catastrophic failures in systems across industrial, health, government, power and energy because the event is not identified in time to address issue. CYTIOT identifies events in real time by allowing customers to place filters in bus and then separating into two categories- Useful Data- summarized capture and forward candidate for analysis, i.e., useful if it were tagged (more often than not, we know little about the data, unless it is somehow characterized or tagged — a practice that results in metadata) High Value Data- real-time stream + a last 15-minute file to an available endpoint Of the useful data, IDC estimates that in 2013 perhaps 5% was especially valuable, or "target rich." That percentage should more than double by 2020 as enterprises take advantage of new technologies and new data sources, and apply them to new parts of the organization. CYTIOT delivers to endpoints based on presence, not predetermined or static systems which can add latency due to other processes in front of it. We are aware of online offline and busy or available which allows action to be taken in near real time.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2017 | Convertible Note | - | 3/2016 | Seed Round | $250k | 3/2017 | Convertible Note | - |
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