Overview
Viviota Inc., established in 2016, is a prominent venture-backed software company headquartered in Austin, Texas. Renowned for its cutting-edge solutions, Viviota excels in managing complex engineering data assets through automation. Their advanced software solutions particularly cater to industries such as Automotive, Aerospace, Advanced Medical Devices, Energy, and Semiconductors. The highlight of their product lineup is the Viviota Time-to-Insight (TTI) Product Family, developed to streamline data challenges and enhance analytics capabilities within these industries.
Products and Services
Viviota’s suite of software solutions focuses on automating sensor data management and overseeing crucial engineering data, AI/ML model assets, and analytics code. Their TTI Product Family is pivotal, seamlessly integrating with existing design, simulation, prototyping, and testing environments. This integration optimizes the time-to-insight and fosters innovation by significantly reducing analytics processing time by up to 90%. Such a reduction is vital for companies aiming to expedite their time-to-market.
Leadership Team
Viviota is led by seasoned industry professionals:
- Eric Newman, Chief Executive Officer: With over 25 years in technology startups, Eric has deep expertise in product and corporate marketing, having served as President and CEO at Clockwork Solutions.
- Barry Hutt, Chief Revenue Officer: A co-founder of Viviota, Barry is renowned for his visionary approach in accelerating time-to-market and reducing costs for FORTUNE 2000 companies.
- Darren Schmidt, Chief Technology Officer: With a focus on real-time analytics and over 25 years of experience, Darren has made substantial contributions to big data analytics and real-time numerical simulation.
- Other key figures include Justin Young, Chief Architect; Pete Zogas, SVP of Business Development; Patricia Friar, Sr. Director, Marketing; Mj Ssendagirwa, Sales Development & Operations Leader; and Fanqi Meng, Sr. Software Engineer.
Financials and Growth
Viviota has successfully raised approximately $250K over two funding rounds, with investment support from notable firms such as Naya Ventures and Stout Street Capital. Indicating a strong growth trajectory, Viviota achieved a revenue milestone of $2.8 million with a team of 15 as of 2024. The company reports a recent annual revenue of $1.4 million and boasts an employee growth rate of 6% over the past year, with a current workforce of 17.
Recent Developments
The company has recently expanded its network by joining the Association for Standardization of Automation and Measuring Systems (ASAM), reflecting its intent to expand within the automotive sector. The launch of the DIAdem Analytics Webinar Series indicates Viviota’s dedication to tackling global engineering data challenges.
Competitor Landscape
Operating in a competitive market, Viviota faces competition from several established players:
1. BlazingDB: Generates $2.5 million in revenue with 26 employees.
2. Enflux: Produces $2.4 million in revenue, employing 24 people.
3. Seeq: Specializes in industrial process analytics, offering advanced analytics solutions.
4. Uptake: Known for a predictive analytics platform that turns data into actionable insights.
5. FICO: A leader in analytics and decision management across various industries.
6. Briq: Focuses on financial automation, using AI to enhance business operations.
Each competitor presents unique strengths, such as Seeq’s emphasis on industrial analytics and Uptake’s AI-driven predictive maintenance.
Viviota's Market Position and Strategic Insights
Viviota's platform, rooted in engineering environments, is designed to unleash the full potential of sensor data, providing cost reductions and enhanced innovation speeds. Although smaller compared to some competitors, Viviota’s specialized solutions and growth trajectory set it apart in the engineering analytics domain.
Strategic opportunities for Viviota include:
- Expanding Product Offerings: Targeting broader industry segments to maintain growth.
- Forging Strategic Partnerships: Enhancing technology integration and broadening market reach.
- Enhancing Market Visibility: Strengthening marketing efforts to highlight Viviota’s unique value proposition.
Contact Information
- Address: 13785 Research Blvd, Suite 125, Austin, TX 78750
- Email: [info@viviota.com](mailto:info@viviota.com), [sales@viviota.com](mailto:sales@viviota.com)
- Website: [viviota.com](https://viviota.com/)
