Panoratio

Panoratio specializes in the investigative and predictive SaaS application based on large volumes of heterogeneous data.

Business Model: SAAS

Revenue: $0

Employees: 11-50

Detailed Panoratio Information

Geographic Data

Panoratio headquarters map

Address:

City: Munich

State: Bayern

Zip:

Country: Germany

Financial Info

Stage:

series unknown

Raised Last:

$732k

Raised Total:

$7M

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0Website Monthly Traffic

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Description

Panoratio was established in March, 2003, in Munich, Germany. The technology grew out of work started at the Siemens AG Artificial Intelligence / Machine Learning Laboratory to address optimization issues regarding the installation and performance of gas turbine engines within Siemens Westinghouse power plants. While sensors placed throughout the power plant generated extremely complex datasets, it proved impossible to close the performance loop and analyze them efficiently. Researchers solved this problem by developing of a pure software solution that reduces the dataset&s;s footprint without losing any of its granularity or complexity. Recognizing the universal value of the solution, Siemens AG, established Panoratio as a separate, independent entity. Since then, Panoratio has developed PANOsight, a software suite underpinned by the patented compression technology, and has over 50 customers in production. The company is proud to count AOK, AOL, Avis, buch.de, InsightHealth, KarstadtQuelle, Macy&s;s, SavaSeniorCare, Sierra Health Services, Siemens, Sixt, Vodafone and Yahoo! among them.

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