Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on advanced analytics solutions. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, we are taking a look at 5 promising data visualization solutions.
Heat Map: 5 Top Data Visualization Startups
Using our StartUs Insights Platform, covering 1.116.000+ startups & emerging companies, we looked at innovation in the field of data analytics. For this research, we identified 1.017 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and technology among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & emerging companies developing innovative data visualization solutions. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 1.017 companies we analyzed for this specific topic.
Datafay – Visual Analytics
Data visualization is a powerful tool to help understand and improve business functions and profitability. In combination with advanced analytics, visual representations become even more accurate and granular, enabling business intelligence and good decision making. Almost every industry currently collects some data and visualization forms the next step in reaping the benefits of digital transformation.
The US-based startup Datafay provides visual analytics solutions for food distributors and marketing teams. Their natural language platform for business intelligence helps food distributors reduce waste, optimize inventory levels, track at-risk inventory, and improve margins using dashboards and visualizations. In addition, the platform provides visualizations in response to questions from the marketing teams.
Zegami – Artificial Intelligence (AI)-Enabled Scientific Imaging
Apart from improving business, data visualization also contributes to the advancement of scientific research and development. Visual analysis of bioinformatics and medical data in life sciences, pharma, and healthcare facilitates doctors as well as researchers to develop appropriate solutions for treatment. From identifying patient registration patterns to small differences in deoxyribonucleic acid (DNA) data, startups look to enhance data visualization with AI to empower various projects.
British startup Zegami offers scientific and medical imaging teams with AI-enabled image analytics solutions. The startup collects data from multiple sources such as images, documents, application programming interfaces (APIs), and videos, and also works with unstructured datasets. Zegami enables high throughput image analysis, provides streamlined image annotation for machine learning algorithms, and integrates data from multiple sources to provide the most relevant answers.
Live Earth – Real-Time Data Visualization
Even before the COVID-19 pandemic, event organizers were looking for ways to better manage large crowds or public spaces. Real-time visualizations enable organizers to understand the issues facing any event and take relevant actions. The disparate nature of data from such events present opportunities for emerging companies to provide useful visualization solutions for public safety, crowd control, and improving event management.
Live Earth is a US-based startup developing bespoke data visualization solutions across multiple industries. The startup’s main goals involve enhancing safety and security, increasing operational efficiency, and reducing risks. Live Earth is a significantly faster map, and it renders and animates real-time data streams and time-series datasets. Its applications include public safety, transportation, and logistics, stadiums and venues, as well as for asset security, smart cities, and utilities.
SpaceViz – Spatial Data Visualization
Geographic information, also known as spatial data, is increasingly becoming essential, especially for bigger cities and big companies. With highly dense populations and regions in a city, it is necessary to identify bottlenecks to take corrective actions. From managing tourism to reducing traffic congestion, spatial data analytics allows companies and governments to develop useful solutions to handle high-density populations.
SpaceViz is a British startup utilizing spatial data to provide a data visualization studio. The startup offers clients with customizable maps, reports, presentations, and publications. SpaceViz also creates digital interactive platforms and infographics to help any industry or theme by conveying the underlying story using visualizations.
Reeport – Automated Dashboard & Reports
Dashboards are some of the most common visual tools in use today by many big companies. Analysts work to minimize the required inputs and manually update them periodically. Advancements in data integration, along with visual analytics, allow companies to automate dashboards so that analysts spend more time on value-added tasks. In a way, this also encourages companies to provide more data points to identify areas to improve.
French startup Reeport creates automated dashboards and reports by using its data analysis and dissemination platform. The solution automates multi-source digital reporting with more than 400 available data integrations. This platform also enables collaborative efforts on projects by offering advanced sharing and contextualized information for its users. It caters to analytics, marketing, e-commerce, and acquisition teams within an organization.
What About The Other 1.012 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence so you can achieve your goals faster. The 5 data visualization solutions showcased above are promising examples out of 1.017 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.