Company Research Report: 1010data

Company Overview

• Name: 1010data

• Mission: We transform data into knowledge that empowers customers to make insightful decisions that optimize outcomes.

• Founded: No information is available.

• Key People:

• Interim CEO: Nomi Bergman (stepped down post-acquisition)

• Sanjay Dhawan, CEO of SymphonyAI

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: 1010data is known for providing decision science and data management solutions that help companies make timely and accurate business decisions.

Products and Solutions

1010data specializes in providing data management and analytics solutions across various industries. Below is a detailed description of their product offerings:

Industry Solutions

1. Retail

• Description: Provides real-time data and analytics to help retailers respond to shifts in retail trends and adapt to how consumers are shopping.

• Key Features:

• Retail Analytics Suite: Enhanced sales performance, store execution, inventory management, and promotional effectiveness.

• Market Intelligence: Fastest online shopping data to develop responses to market and consumer spending patterns.

• Partner Collaboration: Secure data sharing with trading partners.

2. Consumer Brands

• Description: Enables brands to use data and insights to identify trends, anticipate shopper needs, and drive sales.

• Key Features:

• Market Intelligence: Monitor competitor movements and market trends.

• Retail Analytics Suite: Proactive exception management and strategic execution with analytic support.

3. Capital Markets

• Description: Solutions to integrate, navigate, and analyze massive data sets critical to staying ahead of market competition.

• Key Features:

• Fixed Income Analytics Suite: Allows limitless analysis of extensive data sets in seconds, particularly for mortgage and asset-backed loans.

4. Alternate Industries

• Description: Provides solutions that cater to various sectors like pharmacies, casinos, and structured finance, integrating decision science to solve complex business problems.

Platform Features

• Unified Data Management: Combines enterprise analytics and interoperability capabilities for speed, power, and flexibility in analytical workflows.

• Intuitive User Interface: Designed to enable users to extract and analyze data with minimal risk swiftly.

• Dynamic Data Integration: Ensures harmonized and accurate data across disparate sources for consistent insights.

Recent Developments

• Acquisition by SymphonyAI: In June 2023, SymphonyAI acquired 1010data, aiming to integrate SymphonyAI's predictive and generative AI innovation with 1010data’s platform excellence.

• Impact: Enhanced AI capabilities in retail, consumer packaged goods, and financial services sectors. This strategic acquisition is expected to offer customers improved value through new real-time analytics innovations and stronger market presence.

• Leadership Change: Nomi Bergman stepped down as interim CEO post-acquisition, indicating a transition in leadership dynamics within the organization.

• New Innovations and Partnerships:

• Emphasis on developing cutting-edge AI product innovations for retail, CPG, and financial services sectors.

• Strengthening strategic relationships and data-centric partnerships for enhanced product offerings and market expansion.

Conclusion

1010data continues to be a significant player in the data management and decision science landscape, offering robust solutions tailored for various industries. Its recent acquisition by SymphonyAI marks a new chapter aimed at enhancing their analytics capability using advanced AI innovations. With a strategic focus on improving customer insights and decision-making processes, 1010data is positioned to drive business success across diverse sectors.