| Company | Aureus Analytics |
| Address | 17 Phillip Street, #05-01 Grand Building, Singapore 048695 |
| Founders | Anurag Shah, Ashish Tanna & Nitin Purohit |
| Founded | May 2013 |
| Funding | $ 850k |
| Employees | 12 |
| Website | www.AureusAnalytics.com/ |
| Rating | 5 bits |
Aureus Analytics powers advanced analytics at the point of decision for Insurance and Banking. Aureus has a big data ready platform (ASAP) and business challenge specific products (AUPERA, AUCUA etc) that catalyze rapid adoption of advanced analytics for enterprises of all sizes.
ASAP empowers Big Data Analytics at the point of decision by bringing together multiple data sources across generations, types and formats. ASAPs USP are in bringing data aggregation, quality, analysis and visualize capabilities on the same platform thus eliminating the need for multiple tools. ASAP is built on industry accepted Big Data Analytics (BDA) open source tools such as Hadoop, MapReduce and R. This standardization ensures that ASAP is ready for rapid deployment on any infrastructure legacy or modern.
Aureus Analytics is a Singapore based big data analytics platform and products company that powers advanced analytics at the point of decision for Insurance and Banking. The platform ASAP, empowers Big Data Analytics by bringing together multiple data sources across generations, types and formats. ASAPs USP are in bringing data aggregation, quality, analysis and visualize capabilities on the same platform thus eliminating the need for multiple tools. ASAP is built on industry accepted Big Data Analytics (BDA) open source tools such as Hadoop, MapReduce and R. This standardization ensures that ASAP is ready for rapid deployment on any infrastructure legacy or modern.
Additionally, there arent many industry specific analytics products. Consequently analytics have not been able to deliver the value that is expected. Aureus has a suite of products ready for the insurance domain. These are:
1. AUPERA Aureus Persistency Analytics
2. AUCUA Aureus Customer Analtyics
3. AURIC Aureus Risk and Claims Analytics
These products bridge in the domain specificity gap that currently exist in the Insurance analytics space.
Aureus brings together the four essential pillars that are required for a successful Big Data Analytics solution – Deep Domain Skills, Big Data Capabilities, Data Sciences skills and Analytics expertise.
They are a very young company, as they launched the big data startup in May 2013. It was founded by Anurag Shah, Ashish Tanna and Nitin Purohit, who self-funded the startup-phase they are currently in. Recently Aureus acquired seed funding of USD 850,000, from a group of marquee investors which included Google India MD Rajan Anandan, Steven Sule, Arihant Patni from Hive Technologies and Arun Venkatachalam of the Murugappa Group.
The platform that they have delivered looks promising, but there is yet still a lot unknown. Aureus has been recognized as a key start up to look out for by Innotribe, NASSCOM, Echelon Red Herring and Hot 100 Technologies.
Big data analytics is gaining a lot of traction in Asia and it is good to see big data startups appearing in Asia. We therefore give them a 5 bits rating.
