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Loom Systems

Loom Systems is a startup company in the field of Information Technologies (IT), developing a product in the field of IT Operations Analytics (ITOA). The Loom Systems platform deploys Artificial Intelligence to deliver operational analytics that enables businesses to optimize their daily operations and to leverage data to enhance customer experience.

History:
 * April 2015 – Gabby Menachem and Dror Mann from Voyager analytics, along with Ronny Lehmann from BioCatch, co-founded Loom Systems.
 * Loom is Bootstrapped startup - Funded from customers from the very beginning/ day 1.
 * By the first quarter of 2016, the company had about 20 employees.
 * March 2016 - Loom Systems recognized as a leader of IT Operations Analytics (ITOA) and was named with the ITOA top 50 vendors of ITOA Landscape.
 * May 2016 – Loom honored as Stevie Award winner of Startup of the Year - Business Products Industries Stevie awards announcement
 * August 2016 – Loom honored as Red Herring Top 100 Asia winner Red Herring
 * October 2016 – Joined Microsoft Accelerator program

Product:

The Loom Systems Product is an automated platform that is powered by Artificial Intelligence to enable companies to modernize their digital environments (a process that is also known as Digital Transformation), optimally and safely. Product Launch Announcement The Artificial Intelligence deployed by the Loom Systems platform generates insights from raw data through a set of tools that apply advanced technologies such as Big Data Analytics, Automation, Machine Learning and Deep Learning to help companies overcome operational challenges and to transform and manage their digital operations with reduced cost and complexity. AI Powered Analytics. Through accelerated anomaly detection and resolution also called "Root Cause Analysis", the Loom Systems platform is helping business-driven IT, with its focus on customer experience, come to fruition.

Loom Systems automatically ingests and analyzes all types of logs and metrics, learns their unique behavior over time, detects anomalies and trends, and reports these along with the root cause. The entire cycle is fully automatic, requiring no data pre-processing or manual setting of parameters and thresholds. Incidents are accompanied by recommended resolutions from a proprietary resolutions database, which also includes internal resolutions filled in by the platform users. This seamless process of knowledge retention means every recurring incident can be solved immediately. Built for low-touch operational simplicity and usability, the Loom Systems solution empowers IT, DevOps, System Admins, NOC teams and Security specialists by transforming reactive users into proactive power-users.

References:

ITOA AI ITOA 50 https://appdevelopermagazine.com/4923/2017/2/7/AI-powered-operational-analytics/ http://www.dataversity.net/loom-systems-launches-ai-software-platform-predict-prevent-problems-business/ http://insidebigdata.com/2017/02/07/loom-systems-launches-ai-software-platform-predict-prevent-problems-digital-business/ http://www.apmdigest.com/loom-systems-launches-ai-platform http://www.itbusinessedge.com/blogs/it-unmasked/loom-systems-applies-ai-to-it-operations.html http://sdtimes.com/zerostacks-plans-self-driving-cloud-loom-systems-analytics-platform-gnu-c-library-releases-version-2-25-sd-times-news-digest-feb-6-2017/ http://www.digitaljournal.com/pr/3225227 http://finance.yahoo.com/news/loom-systems-launches-artificial-intelligence-130000525.html http://www.itoa-landscape.org/vendor-loom Red Herring http://www.redherring.com/events/red-herring-asia/2016-top100/ http://www.loomsystems.com/red-herring-asia Stevie http://stevieawards.com/aba/2016-company-year-award-winners http://www.loomsystems.com/stevie-awards-2016 Microsoft: https://techcrunch.com/2017/01/18/watch-microsoft-accelerators-tel-aviv-demo-day-here-2/ http://www.itoa-landscape.org/vendor-loom https://www.crunchbase.com/organization/loom-systems#/entity External Website: http://www.loomsystems.com/