Thousands of new startups are founded every year – emerging companies with the potential to disrupt the global economy. To give you a head-start on emerging technologies and startups advancing data-driven analytics in 2022, we analyzed a total of 1 639 global advanced analytics startups & scaleups. Meet 5 of the most promising startups to watch!
Global Startup Heat Map highlights 5 Advanced Analytics Startups to Watch in 2022
Out of 1 639, the 5 advanced analytics startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively.
The Global Startup Heat Map below highlights the 5 advanced analytics startups you should watch in 2022 as well as the geo-distribution of the other 1 634 startups & scaleups we analyzed for this research. We hand-picked the 5 highlighted advanced analytics startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, and funding, among others.
Aquafort facilitates Aquaculture Management
Founding Year: 2020
Location: St. John’s, Canada
Partner for: Fish Behavior Monitoring
Industry: Aquaculture
Aquafort is a Canadian startup that develops a predictive analytics platform for aquaculture. Varying environmental conditions and improper fish welfare management affect their growth rates and yield quality. The platform integrates with existing environmental sensors and surveillance cameras to automate fish behavior monitoring. This enables producers to proactively manage disease diagnostics and, in turn, boost production ecosystem health. Besides, Aquafort’s solution increases the sustainability of food production while lowering production costs.
Madden Analytics optimizes Inventory Planning
Founding Year: 2020
Location: Stockholm, Sweden
Funding: USD 549 000
Partner for: Inventory Management, Assortment Planning
Industry: Retail
Madden Analytics is a Swedish startup that offers an inventory analytics solution for brands and retailers. It uses point of sale (POS) and enterprise resource planning (ERP) data to better understand patterns and drivers such as sell-through, margin, return rate, and discounts. Madden Analytics utilizes this data to improve and automate supply chain planning, which also includes assortment forecasting and inventory replenishment. In addition, the startup’s solution allows retailers to build a better sales network, including both direct-to-consumer (D2C) and multi-brand sales, with real-time sales and inventory data. This enables retailers and suppliers to achieve better control over inventory and, in turn, increase sales, improve margins, and reduce overstock.
Smove.City advances Shared Mobility
Founding Year: 2020
Location: Larnaca, Cyprus
Funding: USD 73 000
Partner for: Road Safety Management
Industries: Smart City, Mobility
Cypriot startup Smove.City develops a mobility data platform for smart cities. The platform aggregates global mobility data from various transit providers to analyze mobility patterns, emphasizing bus and train routes with frequent services. This allows authorities and mobility companies to optimize public transport infrastructure, including bikes, trains, and metro services. Besides, the platform enables service providers to reduce traffic and enhance road safety. The startup also offers a bike-sharing system that integrates real-time data analytics and performance management for bike-share programs.
Archlet drives Sourcing Optimization
Founding Year: 2019
Location: Zurich, Switzerland
Funding: USD 9,4 M
Partner for: Advanced Sourcing Analytics
Industries: Logistics, Manufacturing
Archlet is a Swiss startup that develops sourcing optimization software. It combines otherwise segregated sourcing activities, like emails and excels, to improve data quality and highlight negotiation opportunities. The centralized, user-first platform makes sourcing and negotiations data-driven and collaborative. With combinatorial optimization algorithms, it also offers scenario modeling to identify external and internal business constraints. This allows procurement teams to streamline source-to-impact workflow while speeding up sourcing decisions.
Statistance enables Process Optimization
Founding Year: 2019
Location: Berlin, Germany
Partner for: Analytics Assistant, Digitized Goods Inspection
Industries: Automotive, Food, MedTech
German startup Statistance provides an analytics assistant and a digital goods inspection solution for process optimization. The startup uses existing production and sourcing data and applies tailored statistical models to streamline production line operations. Lack of tools to analyze floor data leads to bottlenecks and unplanned downtimes. Statistance, on the other hand, monitors supplier performance, error rates, delivery reliability, and yield to enable production line efficiency tracking. This allows manufacturers to optimize resource usage, improve process control, and speed up reactions to bottlenecks, thus reducing reworks and inspection costs.
Discover All Emerging Advanced Analytics Startups
The 1 639 advanced analytics startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022!
