In-Q-Tel, Inc. Investment and Strategic Partnership Advances Company Growth by Allowing U.S. Intelligence Agencies to Take Advantage of Outlier’s Platform to Better Understand Time-Series Data Through Automated Analysis
OAKLAND, Calif. – May 14, 2020 – Outlier, a pioneer in Automated Business Analysis, today announced a strategic partnership and an investment from In-Q-Tel, Inc. (IQT). IQT is the not-for-profit strategic investor that identifies and accelerates the delivery of innovative technology solutions to support the mission of the U.S. intelligence and defense agencies that keep our nation safe. This strategic partnership reinforces that Outlier is a leader in Automated Business Analysis. It further validates the company’s artificial intelligence platform in supporting the operational requirements of U.S. government agencies for analysis of cloud-based and on-premise data sets.
“Outlier’s platform takes a differentiated approach to leveraging artificial intelligence to surface unexpected patterns and changes in time-series data, which can enable agencies to make informed decisions more quickly,” said Divya Sudhakar, Principal, Investments at IQT. “Outlier has proven a unique ability to provide high fidelity insights without requiring users to commit significant time and resources to analyze their data.”
“Being chosen by IQT is a major milestone for Outlier and confirms the effectiveness of our Automated Business Analysis platform,” said Sean Byrnes, Co-Founder and CEO of Outlier. “We expect this partnership and other government partnerships to address the need to analyze billions of data points daily and present stories that will help enhance national security.”
Outlier identifies unexpected changes across business data so that marketing, data scientists and analysts can make more informed decisions quickly. As an Automated Business Analysis platform, Outlier discovers hidden patterns and relationships that are impossible to find manually with artificial intelligence and machine learning algorithms. Adding any integration only takes minutes, and each integration helps global organizations learn more about different aspects of their business. Most recently, Outlier was named a 2018 Cool Vendor in Analytics by Gartner for being innovative, intriguing, and impactful, honored as one of CRN’s “The Coolest Business Analytics Companies” of the 2019 Big Data 100, and took first place honors during the Pharmaceutical R&D Information Systems Management Executives Forum (PRISME Forum).
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