Little British Battler Logical Glue is a young company at the ‘bleeding edge’ of predictive/prescriptive analytics, with a purpose built SaaS platform that performs the work of data scientists at speed and scale.
What really impressed us is Logical Glue’s application of the latest computational intelligence led by chief science officer Professor Hani Hagras, who also happens to be the winner of the 2010 robotics world cup! With CEO Colin Magee's 15 years experience running analytics companies, together they should make a winning combination.
Logical Glue's technology applies Fuzzy Logic, Machine Learning/Robotics and Genetic Algorithms to look at data analytics problems differently, the results of which are proven to be more accurate, fast and transparent than traditional statistical models used by data scientists.
The platform can be set to work on big structured data sets to generate an accurate predictive model, displayed on a dashboard explaining how each predictive question has been taken. It helps to answer key questions like ‘what happens next?’ and ‘does it make a difference?’ with a view on bottom line business impact.
Logical Glue’s initial target is the ‘alternative finance’ space, where there are a growing number of new entrants, peer-to-peer lenders and challenger banks coming through. These are SMEs and start-ups that are embracing competition in the market, but they need to have access to low cost, real-time insights on customers and to make live credit risk decisions. This looks set to be Logical Glue’s sweet spot. However, there is plenty of opportunity in other sectors, like insurance and e-commerce.
Logical Glue’s SaaS platform has only been officially live since Q4 last year, but it is seeing 10-20% month-on-month growth, and gaining partnering interest from large IT services providers. Logical Glue is in a hot space, and we think destined to make a big impact with its next-generation predictive analytics platform.
Posted by John O'Brien at '08:00'
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Subscribers to the TechMarketView Foundation Service can download the latest edition of IndustryViews Quoted Sector to see our latest analysis of how the stock performance of UK software and IT services companies listed on the London Stock Exchange compares with their international peers.
Posted by HotViews Editor at '13:24'
Northamptonshire County Council (NCC) has voted to no longer deliver services directly to citizens. The council’s ‘Next Generation Model’ means that over the next five years NCC will reduce its in-house workforce from 4,000 to a core staff of 150 referred to as the ‘NCC Group’. In this PublicSectorViews research, Michael Larner, considers what the commissioning model means for the council, what it means for the broader public sector, and the potential implications for suppliers.
PublicSectorViews subscribers can download the research note - Local Government: Is Northamptonshire’s Commissioning model the future? - now. If you are not yet a subscriber, please contact Deb Seth.
Posted by Michael Larner at '07:22'
It’s been a while since we’ve brought you an update of TechMarketView coverage in the press but with all the reports and election coverage it’s been a busy time here for our team of analysts. Here’s a snapshot of just some of the recent highlights:
In the Financial Times TechMarketView’s managing partner, Anthony Miller, is quoted on ‘Blur Group’s shares plunge on ‘substantially lower’ revenues. While FinancialServicesViews research director, Peter Roe, provides his expert opinion in Monitise rules out sale as founder Alastair Lukies moves on. Also in the FT company chairman, Richard Holway, is quoted in Arm first-quarter profits buoyed by strong iPhone sales.
In The Times Anthony is quoted again but this time on Micro Focus job cuts in Micro Focus culls jobs after takeover.
In ComputerworldUK PublicSectorViews (PSV) principal analyst, Michael Larner, talks about the latest CGI deal win in MoD awards CGI support deal for artillery fire control app. Covering the Health Sector fellow PSV research director, Tola Sargeant, is quoted in Accenture wins £350 million 'NHSmail2' contract. While Peter is quoted in Banco Sabadell faces tough test separating TSB IT systems despite £450 million ‘dowry’ fund.
The Budget 2015 garnered plenty of coverage for our other PSV research director, Georgina O’Toole. Highlights include CRN article Budget: Channel wary of digital tax IT project and in Local Government News Budget 2015: Government commits to digital collaboration with councils. IT Pro is another to quote Georgina’s opinion on the local government digital debate in GDS tasked with helping local government go digital.
Elsewhere InfrastructureViews research director, Kate Hanaghan, offers her opinion on recent Redcentric purchases in The Channel article Redcentric swoops on Calyx Managed Services in £12m breakup deal. While ESASViews research director, Angela Eager, is quoted in Computer Weekly’s report on Oracle talks up cloud revenue growth in the face of flat Q3 sales.
Again with CRN Anthony gives his opinion on the sale of Accumuli to NCC Group in Accumli snapped up by IT services player NCC Group. In this period of high profile deals Kate is quoted on SCC’s stake in Fluidata in The Register article Reseller SCC buys a slice of Fluidata. Kate also covers the HP cloud migration deal in Cloud Pro piece HP to deliver $100m Helion migration for logistics firm TNT.
This is just a snapshot of the coverage by our highly regarded team of analysts here at TechMarketView. For further updates on our press coverage visit our In The Press webpage which gives a full listing of news and quotes from the TechMarketView team.
Posted by HotViews Editor at '00:00'
Many thanks again to the CEOs of the companies who participated in yesterday’s sixth Little British Battler Day (see Little British Battlers - The Sixth Sense) at industry association techUK headquarters in London (for whose support we are very grateful).
As always, we were delighted to hear how innovative and ambitious these companies are, and how some are providing stiff competition for companies many times their size.
We will be writing about these Little British Battlers soon on UKHotViews, and TechMarketView Foundation Service subscription clients will also be able to read our more detailed analysis in the forthcoming Little British Battler Report.
But don’t worry if you missed the boat this time. We will be running another Little British Battler Day later this year. Keep your eyes peeled on UKHotViews for the announcement.
Want to know more? Deb Seth on our client services team will be happy to oblige.
Posted by HotViews Editor at '07:44'
TechMarketView Foundation Service subscription clients can download the latest edition of IndustryViews Corporate Activity to read our quarterly summary of the UK software and IT services corporate activity scene, including significant trade acquisitions and private equity deals.
Posted by HotViews Editor at '08:15'
Mastek’s ambition in the UK is to move away from an exclusive sell with/through model with partners to build up a strong direct ‘sell to’ highly focused on Government, Healthcare, Retail and Financial Services. Indeed, Mastek has identified the UK as one of its Tier One markets for growth in the next decade.
In this latest PublicSectorViews research note, Georgina O’Toole analyses Mastek’s UK public sector business and considers if it is on the right track to continue its steady growth. The analysis finds Mastek is doing many of the right things to fulfil its ambition: raising its profile, investing in its skills and capabilities in areas like agile development and open source, expanding and maturing its partner relationships, and opening up to commercial innovation. But the company must also be aware of changing Government policies and be ready to adapt.
PublicSectorViews subscribers can download the research note - Mastek: Targeting direct public sector business - now. If you are not yet a subscriber, please contact Deb Seth to rectify the situation!
Posted by Georgina O'Toole at '21:33'
Did you know you can now embed a Sponsored Post directly within the main body of the UKHotViews e-newsletter and have it appear on TechMarketView’s website for seven days, as well as in our Twitter feed?
UKHotViews is arguably the UK’s most respected, authoritative newsletter for informed opinion and analysis on what’s happening in the UK Software and IT Services (SITS) market.
Considered a must read for anyone with ‘skin in the SITS game’, UKHotViews enjoys a high calibre readership of some 20,000 decision makers in UK tech. It reaches a broad spectrum of companies from the largest SITS players to emerging SMEs; as well as key players from the investment community, press, government and CIOs.
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Previous advertisers tell us that a Sponsored Post in UKHotViews has delivered results for their businesses. This is what Fujitsu told us after their recent Sponsored Post campaign in UKHotViews:
“Fujitsu’s recent experience in advertising in the TechMarketView daily e-newsletter produced strong results for our business. The readership is clearly highly targeted and the open rates for the newsletter are high, so the reach we achieved through our five week activity, promoting Fujitsu Thought Leadership around IT security, was excellent. Moreover the click-through rates to our website were twice what we typically expect, meaning that a good number of TechMarketView subscribers both saw and engaged with our content. I consider this a cost effective medium for reaching a highly targeted audience.”
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If you'd like further details on Sponsored Posts, or to request an advertising brochure, contact Helen McTeer in our client services team.
Posted by HotViews Editor at '09:18'
Last month it was announced that, subject to the conclusion of contract negotiations, CSC and its partners had been chosen by NHS Trafford Clinical Commissioning Group (CCG) to deliver a brand new Patient Care Co-ordination Centre (PCCC) in Trafford. The terms of the deal have not been disclosed but according to the OJEU documents it was expected to be worth £13m over five years.
Trafford’s PCCC contract is, as far as we know, the first of its kind in the UK. The CCG’s vision of co-ordinated care, with its outsourced approach to solving the problems associated with siloed healthcare provision, makes an interesting case study in its own right.
But if Trafford is seen to be successful with its PCCC, the model could be adopted more broadly providing future opportunities for software, IT services and business process services suppliers. Even if the model isn’t followed to the letter, we expect to see further deals aimed at better joining up health and care provision - either through data/systems integration of some sort and/or more proactive management of patients - whichever flavour of Government the UK has after May’s General Election.
For our detailed analysis of Trafford’s project and its implications, PublicSectorViews subscribers can download our latest AnalystViews research, Improving Patient Care Co-ordination: CSC & Trafford, from today.
If you’re organisation doesn’t yet subscribe to our public sector-focused research stream and you’d like to know how to put that right, Deborah Seth from our Client Services team would be very happy to help.
Posted by Tola Sargeant at '11:36'
How SaaS and BPaaS are setting the scene for Multi-Client Utilities
Financial Services enterprises are seeking ways to increase agility and drive faster growth, at the same time exploring ways to reduce costs. As a result the sector is adopting new delivery models in the form of more standardised software and Software as a Service as well as beginning to experiment with Business Process as a Service. The use of Multi-Client Utilities is in its infancy, but this subset of BPaaS offers substantial long term savings due to scale advantage and the network effect created by the unique connectedness of the sector’s participants and their business. The potential opened up by the greater use of Multi-Client Utilities and the broader BPaaS promises significant revenue and profit growth to well-resourced SITS suppliers with clearly articulated strategies based on domain expertise, good track records and the ability to build long term partnerships with their customers.
This latest report from FinancialServicesViews looks at an important trend within the Financial Services industry which is expected to transform the relationship between FS enterprises and the SITS supplier community. It could also double the size of the SITS market within this important sector. The report examines the underlying trends in the market, identifies the key drivers in the move to BPaaS and its potential development into Multi-Client Utilities. It also highlights the current position in the sector and discusses the important enablers for faster adoption.
Readers interested in getting an insight into this important opportunity and understanding what their companies need to do to be successful should read this report. FinancialServicesViews subscribers can the report here. If your company does not subscribe to this Research Stream, please contact Deb Seth of our Client Services team.
Posted by Peter Roe at '09:00'
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