Startups don't offer anything conceptually new":

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rabhasan018542
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Joined: Tue Dec 24, 2024 3:20 am

Startups don't offer anything conceptually new":

Post by rabhasan018542 »

Successful startups become multi-million companies because they irrevocably change the rules of the game in industries that have been formed for decades. They throw out everything unnecessary from processes and put them on the rails of modern technologies. In this way, small IT companies of several people can “bite off” large pieces of the market from large players.

For example, the TerraManta service analyzes a huge amount of structured (statistics) and unstructured (text) data and tracks geopolitical factors influencing the formation of oil prices and oil markets.


Previously, such work required a huge gambling database singapore staff of analysts, entire departments and divisions that monitor hundreds of sources daily, analyze data and predict trends.

One of our major clients in Europe has an analytical office staff of about 250 people. Solutions like ours call into question the feasibility of dozens of them, since the end result is the same, and sometimes much more accurate.

Now automated solutions do it more effectively: they analyze millions of news items and events around the world, build hypotheses and find patterns. The service replaces a huge number of employees and reduces our client's costs.
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