How Software Start-Up Locstat Aims To Unlock The Value In Its Clients’ Data
How Software Start-Up Locstat Aims To Unlock The Value In Its Clients’ Data. Locstat is a software startup that unlocks the value in its clients’ data by illuminating the opportunities and hidden risks in your digital environment. Locstat is a leader in Graph Powered AI and event processing for next generation, augmented Intelligence.
Its big data SaaS platform enables organisations to rapidly create a single data repository. It applies AI to monitor and analyse data in real-time, giving organisations a 360 degree view of the business and it’s customers to increase customer experience, reduce churn, detect fraud and reduce risk. Locstat is provided on a Software as a Service basis and is fully cloud enabled. The company aims to take care of most of the pain associated with implementing Complex Event Processing solutions in an Industry 4.0 environment. Locstat seeks to uncover insights and opportunities to empower businesses, industries and humans with real-time data, knowledge and intelligence. It helps them navigate the challenges to thrive in its rapidly changing world.
The company is a software solutions company made up of family and friends from diverse yet complementary backgrounds. It has a multifaceted understanding of actionable intelligence and therefore appreciate the value that it provides to decision-makers. Through its wealth of experience in developing military intelligence and reconnaissance (C4ISR) software solutions, it realised its beneficial applications in the commercial arena. The company assists its clients by locating and helping them notice valuable insights residing in the “dark spaces” of their digital environment.
The company has developed Locstat as a software framework that focuses on the “streetlights” and the “shadows” of its clients’ information spaces. It is an easy to use, complex event processing system suitable for high-volume transaction, big data and geo-enabled data environments. Locstat has a variety of applications such as fraud identification, financial transaction analytics, asset tracking, preventative maintenance, environmental early warning, situational awareness and IoT solutions.
