| Company | Razorsight |
| Address | 1750 Presidents St Reston, VA 20190 USA |
| Founders | Sundeep Sanghavi |
| Founded | 2001 |
| Funding | $ 31 million |
| Employees | 200 |
| Website | www.razorsight.com/ |
| Rating | 7 bits |
Razorsight has created a cloud based predictive analytics solution for the telecom and cable industry to help communication providers determine customer sentiment, potential churn, find upsell opportunities, prioritize capital and help companies in their decision making to optimize network costs. Their predictive analytics platform monitors network and subscriber activities to deliver strategic insights.
The advanced statistical and predictive analytics platform focuses on four different areas for communications providers: sales & marketing, CEO & Finance, Operations and Networks. In these areas the platform delivers insights such as delivering tailored offers to customers at the right moment in time at the right level of investment. Their objective is to help increase customer lifetime value for the telecom and cable industry by delivering a detailed understanding of the most profitable products, markets, customers and locations.
They have developed several products including Razorsight Predictive Analytics, Revenue Analytics, Usage Analytics, Network cost analytics etc. They focus on verticals like wireless service providers, wireline service providers, cable companies etc. Currently they have over 80 customers, including AT&T, Verizon, Comcast, T-Mobile, Tata, Telus and Orange.
Razorsight is not really a big data startup anymore, as they were founded already back in 2001. The founder, Sundeep Sanghavi, helped to grow the company and left it 2010 for a new big data startup. In the past 12 years they received $ 31 million in funding, including $ 3 million in debt funding. The investors include Square 1 Bank, Georgian Partners and Sierra Ventures. They have no patents, but they did won several awards including CEO Charlie Thomas who was named “Top 10 Trendsetter of 2012”.
Communication providers generate vast amounts of data, which will only increase in the coming years among others due to the 4G/LTE networks that are being developed all over the world. Those companies that are able to use these vast amounts of data efficiently will outperform their peers, grow their market share and improve their bottom line results. Razorsight has already proven that they can help in achieving valuable results, as they among others delivered savings of over $ 1 billion. We therefore give them a 7 bits rating.
