Subex, a leading telecom analytics solution provider, has launched CrunchMetrics, an AI-driven automated solution to help organizations discover business opportunities and mitigate risks in real-time.
The anomaly detection system from Subex leverages statistics, Artificial Intelligence (AI) and Machine Learning (ML) to sift through data and identify anomalies.
Subex will be targeting customers from telecom, retail and FinTech verticals with the launch of CrunchMetrics. Subex aims to address a market that is expected to reach $4.5 billion by 2022 and will to cater to more verticals.
India-based Subex has already started working with several enterprise clients for the deployment of the automated solution.
“CrunchMetrics marks our entry into areas beyond the telecom domain, such as the booming FinTech and retail segments that are significant consumers of data,” Vinod Kumar, CEO and MD of Subex said.
Justin van der Lande, principal analyst at Analysys Mason, said AI-based anomaly detection solution can help in enabling smarter decision making and reducing time to discovery by removing the complexity needed to model data trends.