Datascoops

HQ
Waltham, Massachusetts, USA
2 Total Employees
Year Founded: 2014

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Datascoops is currently a Boston-based analytics software company developing a Cloud service that explores a company’s financial, operational, social, competitive and marketplace data to produce enlightening snapshots of business performance and emerging trends for senior managers.

Conceived in response to widespread adoption of business intelligence practices, the growing influence of social media and the embrace of the iPad as a business tool by Enterprise and SMB (small-to-medium sized business) managers, Datascoops’ first commercial software release will innovate the traditionally static process of performance reporting by silently listening to and analyzing multiple data sources to detect change, qualify accuracy, identify cause and then notify top management when performance criteria are not met.

Each Datascoops notification will be the result of a sophisticated and proprietary Cloud analytics process that links the recipient to an intuitive graphical report (delivered to any tablet, smartphone, touch screen or traditional PC) with features that allow an executive to delegate response, distribute comments and manage the follow up process. These notification and task assignment features distinguish Datascoops from other products in the mobile reporting/dashboard/BI space.

Combined with a powerful set of data quality, analytics and data visualization features that enable an executive to quickly understand the cause of each alert, Datascoops is poised to create a new class of management tool and fill a significant gap that exists between a plethora of complex desktop systems designed for use by skilled data analysts and a nascent marketplace of mobile apps that focus on business intelligence reporting and not business analytics.

Datascoops has been inspired by a decade of hands-on experience in business intelligence, analytics, social media, and solution development by its management team.  The company’s strategic development and technology resource, Ad-vanced Visual Systems, is a provider of recognized technology to leading global enterprises and software vendors. Buoyed by analyst estimates of a $34 billion analytics marketplace (growing at a CAGR of 18%), the Company believes that an industry focus on software-based solutions designed primarily for use by line-of-business and analyst-class us-ers is over-served and that executives are the next wave of solution adopters.  
 
Datascoops further believes that successful exploitation of the executive analytics marketplace is dependent on the delivery of highly reliable, low-cost and easy-to-use “answers” (as opposed to un-contextualized “numbers”)  supported by a large number of independent solution suppliers. To that end, the Company plans to distribute and support its software through a global network of highly-skilled system integrators, value added resellers and business consultants.  This strategy (augmented by an in-house sales and services capability) is anticipated to produce widespread and rapid adoption of the Company’s products.
 
Datascoops’ gross revenue is projected to grow from $1 million to nearly $30 million in its first three years of active distribution.  An initial equity investment of $5 million is forecast to generate cumulative pre-tax profits of $15 million over three years.  The Company has commenced product development and plans to grow to a team of approximately 35 employees and consultants working from Boston-area offices.
 


Datascoops Offices

None Workspace

Typical time on-site: None
HQWaltham, Massachusetts, USA