In 2017, U.S. companies spent $20 billion on analytics related projects.
However, there are a number of challenges to overcome as well, including:
Only 24% of end users adopt these tools as intended
- 53% of individuals believe there is insufficient analytical know-how in the Company to derive benefits from big data analytics
- 24% of decision makers believe that one of the largest challenges driving enterprise business intelligence strategy was that there are insufficient self-service capabilities
Stotle helps customers achieve greater analytics ROI through better end-user engagement. Since founding, Fortune 1000 businesses such as Gilead Sciences have switched to our Infinity platform to make analytics simpler, more intuitive, and flexible for their decision makers.
Over the last 18 months, we have generated $1.3M in revenue and built an annual recurring revenue base of $650,000.