Arundo Analytics

Arundo Analytics is a provider of a cloud-based and edge-enabled software for the deployment and management of enterprise-scale industrial data science solutions. The company's software suite Arundo Enterprise connects live data to machine learning models and model outputs to business decisions, enabling companies in heavy industries to integrate machine learning into operations in areas such as critical equipment reliability and improved asset performance. Arundo Analytics was founded in 2015 and has offices in Oslo, Houston, and Silicon Valley.

According to Arundo Analytics, their software can help industrial companies and other organizations to increase revenue, reduce costs and mitigate risks through machine learning and other analytical solutions that connect industrial data to advanced models and connect model insights to business decisions.

In 2016, Arundo graduated from Stanford University's StartX accelerator program and subsequently received investment from the Stanford-StartX Fund.

In 2017, Arundo was named to the MIT STEX25 by the Massachusetts Institute of Technology Startup Exchange (MIT STEX). MIT STEX25 recognizes select companies from a pool of MIT-connected startups as being well-suited for industry collaboration based on technical and commercial considerations.

Revenue Model

Arundo Analytics is a software-as-a-service providing data and data analysis based insights. Revenue would be based on the licensing involved in the software-as-a-service model. Although they do not list prices on their website, the fees involved would likely be dependent on the level of software and service a user pursued from Arundo Analytics. As of January 2020, Arundo Analytics estimated annual revenue was $4.3 million.