Guavus, a leading provider of big data analytics applications for operational intelligence has raised $30 million in new funding from new and existing investors to bolster its presence and offerings to telecoms operators and cable and media customers. In addition, Guavus said that it will accelerate the company’s expansion into the industrial Internet-of-Things (IoT) market where sensor-generated streaming data is transforming key industries such as logistics, mining, oil & gas, smart cities, and retail, with the ability to provide real-time insights for predictive maintenance, track and trace, asset management and optimization.
According to Guavus, the company uniquely breaks down the barrier between Operational Support Systems(OSS) and Business Support Systems(BSS) to enable customers to more efficiently plan network capacity, improve service operations and deliver a better customer experience by understanding the quality of service down to a precise network element level and respond proactively.
Lakhina, founder and CEO of Guavus
Our focus on big data applications that break down traditional silos of data, uncover valuable insights in real time and address specific business problems is what distinguishes us. With this additional funding, we can extend our presence into new geographies and markets and put these powerful analytics applications into the hands of more businesses for even greater productivity.