This French startup snaps £2.5M to help businesses predict their data using AI
Summary
Various approaches including, Machine Learning (ML), Artificial Intelligence (AI), and predictive analysis, are crucial in obtaining intensive customer-centric data to increase sales, improve customer satisfaction, and of course, generate new leads. Based out of Le Cannet, France, MyDataModels develops and markets TADA – an Automated Machine Learning software that builds and runs predictive models. Using predictive analytics based on advanced Machine Learning technology, TADA turns even small data sets into accurate and actionable analysis enabling companies of all sizes to make data-based decisions and optimise their businesses. MyDataModels currently supports major French companies in the health and industrial sectors, including Sanofi and Thales, but will now expand its offering to corporations and SMEs across Europe and beyond. “A large number of enterprises today can’t leverage the power of AI/ML technologies to make better business decisions, because they don’t have troves of big data at their fingertips.