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December Edition 2023

Cio Bulletin

StreetLight, transportation analysis platform
Optimizing your business and cloud environment with the power of AI: Anodot

Anodot enables organizations to leverage the transformational power of AI to optimize their business. Anodot’s AI-driven, autonomous business monitoring solution identifies revenue-critical business incidents in real time. Anodot’s cloud cost management solution helps companies manage and optimize their cloud cost and resource utilization across AWS, GCP, Azure and Kubernetes. Anodot was founded in 2014 by a team with deep experience in AI and DevOps with the goal of taking a completely new approach to analytics and business monitoring. Monitoring autonomously and in real-time was a much needed solution for data driven companies that struggle to monitor metrics at scale. In 2021, Anodot acquired Pileus, merging its ML-based technology with cutting-edge cloud cost management to offer a new kind of cloud cost management experience that helps companies quickly and easily identify and act on cloud cost savings opportunities.

Anodot monitors your cloud metrics together with your revenue and business metrics — so you can understand the true unit economics of your SaaS customers, features, engineering teams, and more. With Anodot, FinOps practitioners can continuously optimize their cloud investments to drive strategic business initiatives. Anodot seamlessly combines all of your cloud spend into a single platform. Monitor and optimize your cloud cost and resource utilization across AWS, GCP, and Azure. Deep dive into your data details and get a clear picture of how your infrastructure and economies are changing. Anodot provides granular visibility into your Kubernetes cost and combines it with your non-containerized costs and business metrics, so you can get an accurate view of how much it costs to run a microservice, feature, etc. Deep dive into your performance, identify under-utilization at the node level, and eliminate idle cost.

The Anodot Platform:

At the core of Anodot's offering is its cutting-edge AI-powered analytics platform. Unlike traditional analytics solutions that rely on static thresholds and predefined rules, Anodot leverages machine learning algorithms to dynamically adapt and learn from data patterns. This allows businesses to detect anomalies, outliers, and potential issues in real-time, enabling proactive decision-making and risk mitigation.

Key Features of the Anodot Platform:

  1. Autonomous Anomaly Detection: Anodot's platform is designed to autonomously detect anomalies across various data sources, including but not limited to, financial transactions, user behavior, and operational metrics. This capability is particularly invaluable in industries where swift action is required to prevent disruptions.
  2. Predictive Analytics: By leveraging predictive analytics, Anodot goes beyond mere anomaly detection. It empowers businesses to anticipate future trends and potential issues, allowing for proactive planning and resource allocation.
  3. Scalability and Flexibility: Anodot's platform is built to scale with the growing data needs of businesses. Whether you're a startup experiencing rapid growth or an enterprise dealing with massive datasets, Anodot's platform can seamlessly adapt to your requirements.
  4. Integration Capabilities: Recognizing the importance of interoperability, Anodot seamlessly integrates with popular data storage and analytics tools, ensuring a smooth transition for businesses already invested in specific ecosystems.
  5. Real-Time Insights: Time is of the essence in the business world, and Anodot understands that. The platform delivers real-time insights, enabling stakeholders to make informed decisions on the fly.

Use Cases:

Anodot's impact extends across various industries, where its platform has proven instrumental in identifying and addressing critical issues. Let's explore a few compelling use cases:

  1. E-Commerce: In the fast-paced world of online retail, Anodot helps businesses detect anomalies in transactional data, preventing fraudulent activities and ensuring a seamless shopping experience for customers.
  2. Finance: For financial institutions, Anodot's predictive analytics capabilities assist in identifying market trends, mitigating risks, and optimizing investment strategies.
  3. Telecommunications: In the telecommunications sector, Anodot plays a crucial role in ensuring network stability by detecting anomalies in call volumes, network traffic, and performance metrics.
  4. Healthcare: Anodot's platform is utilized in healthcare to monitor patient data, identify deviations from normal patterns, and enhance patient care through predictive analysis.

Autonomous Network Monitoring Platform

Anodot is the brain on top of the OSS, connecting your network faults with performance data to provide you with the full story in one alert — from the actual fault to the customer’s experience. Anodot seamlessly integrates with your existing tools. No lengthy professional services projects or data scientists required. On-boarding takes 3-6 weeks on average. Anodot collects all data types from all network types, layers, and domains at scale. All metrics are actively monitored, enabling CSPs to achieve full visibility of service degradation incidents. No manual thresholds to set up or update. No need for professional services or data scientists to manage or operate the platform. New use cases can be added on the fly, and no monitoring maintenance is needed even as the network configuration changes.

Anodot enables CSPs to reduce the number of alerts by 90% and shorten Time to Resolve by 30%. Operations and NOC teams use Anodot to enhance their network monitoring capabilities, identify service degradations and outages proactively, and improve customer experience and operational efficiencies.

Ensure a flawless experience

Detecting issues early can mean the difference between losing a few hundreds in revenue to losing hundreds of thousands. You can protect the checkout process from roadblocks, especially when it’s caused by something outside your control. Anodot’s robust visibility detects even the most granular of glitches and isolates the potential cause. Anodot’s analytics protects merchants from fraud by detecting unexpected patterns in user behavior. Spot a sudden peak in credit card chargebacks. Respond to a DDOS attack before it shuts down business. Anodot’s machine learning models adapt to keep pace with fast-evolving fraud techniques, so there’s no need to manually adjust detection parameters.

Detecting issues early can mean the difference between losing a few hundreds in revenue to hundreds of thousands. You can protect the checkout process from roadblocks, especially when it’s caused by something outside your control. Anodot’s robust visibility detects even the most granular of glitches and isolates the potential cause.

The only way to see all your data all the time

Anodot autonomously surfaces potential issues and opportunities in real time. Monitor, troubleshoot, and optimize your product in one place. Monitoring ad performance in a segmented marketing ecosystem is a challenge. Anodot monitors every single campaign in every segment and notifies you immediately about any incident for the fastest root cause investigation. Serving ads at scale triggers exponential complexities. There’s simply too much going on to monitor and manage manually. Anodot’s analytics monitors 100% of data and metrics, including the backend process, data quality, continuity and ad load time, to ensure smooth platform performance and to protect the user experience.

Running an ad platform or agency? Anodot can help you proactively manage your accounts. Monitor changes in traffic volume, quality and conversion rates. See which campaigns have “gone silent” or are at risk of churn. Use these insights to reach out to customers and resolve issues before they escalate. As fraudsters become increasingly sophisticated, advertisers face a growing risk of fraud. Use Anodot to combat bots, ad injection, click hijacking, and more. Anodot detects and notifies you in real time about anomalous behavior across all your data sources, showing you what other metrics are affected so you can reduce loss faster than ever before.

The Future of Anodot:

As businesses continue to recognize the value of data-driven decision-making, the demand for advanced analytics solutions like Anodot is expected to soar. The company's commitment to innovation and staying ahead of the curve positions it as a frontrunner in the competitive landscape of AI-powered analytics.

Looking ahead, we can anticipate further advancements and features from Anodot, solidifying its reputation as a game-changer in the business intelligence arena. As technology evolves and data becomes an even more integral part of business operations, Anodot's adaptive and forward-thinking approach is set to shape the future of analytics. Anodot's AI-powered analytics platform stands at the forefront of a data revolution, empowering businesses to navigate the complexities of today's fast-paced and dynamic landscape. With its autonomous anomaly detection, predictive analytics capabilities, and commitment to real-time insights, Anodot is not just a solution; it's a strategic partner in the journey towards data-driven success. As industries continue to evolve, Anodot's impact will undoubtedly be felt across sectors, redefining how businesses harness the power of data for strategic decision-making.

David Drai, CEO & Co-founder

 “We iterate fast, improve, and hone until perfect. We work in small teams to keep the organization nimble and believe efficiency and effectiveness go together.”

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