NeutrinoBI: big ambitions in data discovery

Start-up NeutrinoBI only launched its software in the market around 18 months ago but it’s already proving to be aptly named. It’s growing rapidly in the UK and internationally - although we concede not quite at the speed of light - with ambitious plans to be a Top 5 player in the global BI ‘data discovery’ tool market by 2017.

If things go as well as CEO Jon Woodward and Chairman Digby, Lord Jones of Birmingham hope, NeutrinoBI will triple in size over the next 12-24 months, albeit from a very low base of course. Its expansion plans include moving into the US market this year, other English speaking countries (e.g. Asia Pac) in 2014 and taking on ‘the rest of the world’ from 2015. It’s early days and these plans are nothing if not ambitious, but this Birmingham-based ‘Little British Battler’ already has a pretty impressive track record and appears to be punching well above its weight in competitive markets.

What is it that sets NeutrinoBI apart from rival data discovery solutions? The answer appears to lie in its natural language search technology, the way its data discovery tool works to visualise data from existing data warehouses and rapid data mapping, which reportedly cuts implementation times from three months to one week. As a result, NeutrinoBI has attracted top-notch partners such as Teradata, Kognitio and CWW (now part of Vodafone) and signed clients in the retail, finance and education sectors. But whilst the evidence suggests that this LBB is definitely ‘one to watch’ in the months ahead, we fear it may well be a ‘little US-headquartered battler’ before the year is out. The management team is in the process of securing funding to open a US head office later this year in a bid to crack the US market and compete with the leading global BI firms on their own turf.

Posted by Tola Sargeant at '07:00' - Tagged: software   lbb   fundraising   BI