Is AI changing the landscape of Anomaly Detection in Business Analytics?

Key Takeaways:
  • Alexis Networks, a B2B subscription-based software product company, is changing the landscape of anomaly detection in business analytics using AI and ML technologies.
  • Alexis is providing an 80% more economical solution compared to its competitors and is offering an average increase of 5% in annual revenue for its clients.
  • Partnering with AWS, Alexis is helping its customers save on AWS with no obligation pilots of its anomaly detection solution.

Artificial intelligence (AI) has been instrumental in shifting paradigms across various sectors, particularly in business analytics. This field, which typically involves the use of data to aid in business decisions, has been greatly enhanced by AI’s ability to detect anomalies in data at rates far surpassing human capabilities. A startup that stands at the forefront of this revolution is Alexis Networks, based in Holmdel, New Jersey. Offering top-tier consulting services in machine learning, big data, analytics, and blockchain, Alexis Network has positioned itself as a crucial player in the B2B software product industry, thanks to its primary offering – a one-click anomaly detection solution.

Alexis’s subscription-based software aids companies of all sizes in detecting fraud, omissions, and errors in streaming data from operational data sources, giving them an acute advantage in addressing the most nuanced deviations that might otherwise go unnoticed. What places Alexis in an entirely unique light is the fact that, through ingenious use of proprietary AI and ML technologies, their solution allows customers to achieve remarkable savings and increased revenues in a short span of time.

Arguably, the differential factor of Alexis lies in its economic efficiency and effectiveness. Whereas other solutions drain time and incur high labor costs, Alexis provides a more affordable alternative, being 80% more economical than its competitors. Yet, this cost saving doesn’t compromise on strides in profit growth. Alexis Networks Anomaly Detection Solution is instrumental in adding up to 5% to a client’s annual revenue, all while showcasing a return on investment in under four weeks – a virtually unheard-of timeline in the industry.

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The partnership with AWS is another edge for Alexis. As a Technology Partner of AWS, Alexis aids its customers with savings on AWS. This is facilitated by no-obligation pilots of their anomaly detection solution which further cements their standing in the industry.

In terms of the future, the prospects for Alexis are resoundingly positive. Considering the continuing surge in data quantities and complexity in cybersecurity threats, the demand for their anomaly detection solution is predicted to shoot up. This makes Alexis Networks poised to become an even more influential player in the AI, ML, and software industries. For more insights about the company and their offerings, visit their website. Follow updates on Twitter here, on Facebook here, and on LinkedIn here.


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