{"id":2213,"date":"2021-06-30T11:23:55","date_gmt":"2021-06-30T11:23:55","guid":{"rendered":"https:\/\/forbes.co.il\/e\/?p=2213"},"modified":"2021-06-30T11:59:51","modified_gmt":"2021-06-30T11:59:51","slug":"explorium","status":"publish","type":"post","link":"https:\/\/forbes.co.il\/e\/explorium\/","title":{"rendered":"Explorium organizes the world of big data: \u201cCorrect data crowns market winners\u201d"},"content":{"rendered":"\n

Total funding:<\/strong> $127 million<\/p>\n\n\n\n

Employees<\/strong>: 130 employees, 100 of whom are in Israel<\/p>\n\n\n\n

Founders<\/strong>: Maor Shlomo, Or Tamir and Omer Har<\/p>\n\n\n\n

Founded<\/strong>: 2017<\/p>\n\n\n\n

Investors<\/strong>: Insight Partners, Ross Ventures, Zeev Ventures, Emerge, F2 Capital, 01 Advisors, Dynamic Loop<\/p>\n\n\n\n

\n\n\n\n
\"Maor
Maor Shlomo – Explorium co founder by Nir Slakman<\/figcaption><\/figure>\n\n\n\n

For the founders of Explorium<\/a>, Maor Shlomo, Or Tamir and Omer Har, the biggest analytical challenge that organizations and companies will deal with in the coming decade is finding suitable sources of information that will serve as a quality basis for business models. In the world of big data, the biggest weakness was determined to be in the quality of the data, and not necessarily in the refined capabilities of the algorithm that analyzes and processes them into business insights worth gold for companies.<\/p>\n\n\n\n

To have the right data is an asset which makes companies and even crowns the market winners,\u201d says Shlomo, CEO of Explorium and chosen for the Forbes 2020 30 Under 30 list. \u201cWhich is precisely why we founded the company \u2014 to help companies find the most relevant informational assets out there, automatically.\u201d<\/p>\n\n\n\n

The accelerated growth in the volume of databases, the technological explosion that flooded vast amounts of information and the global competition that has become more difficult and intense over the years, have motivated companies to find an effective way to reach relevant external data \u2014 in addition to what they already have. Even the biggest companies, which employ an army of data scientists and analysts, often find it difficult to predict which data sources will lead to the best results.<\/p>\n\n\n\n

\"\"
Exploriun founders: Maor Shlomo, Or Tamir and Omer Har | Photo: Nadav Noyhaz<\/figcaption><\/figure>\n\n\n\n

In order to solve the problem, Explorium developed an automatic platform, which integrates advanced machine learning capabilities for locating and processing external information in advanced data analytics and prediction models. By connecting the companies\u2019 internal data to hundreds of external databases, the Explorium platform creates a special and customized search engine that scans the company\u2019s existing information according to specific characteristics, and searches for relevant information throughout the network. \u201cThe result is the removal of the barrier to finding the right data for data teams and improving the ability of managers to make decisions based on improved models that consider the broader context outside the company.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The technological explosion and global competition have driven Explorium to build an integrated machine learning platform for locating and processing external information for data analysis: \u201cRemoving the information-finding barrier for companies.\u201d<\/p>\n","protected":false},"author":16,"featured_media":2214,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95,175,3],"tags":[],"class_list":["post-2213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hide-on-homepage","category-magazine-white","category-entrepreneurs"],"yoast_head":"\nExplorium organizes the world of big data: \u201cCorrect data crowns market winners\u201d - Forbes Israel<\/title>\n<meta name=\"description\" content=\"The technological explosion and global competition have driven Explorium to build an integrated machine learning platform for locating and processing external information for data analysis: \u201cRemoving the information-finding barrier for companies.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/forbes.co.il\/e\/explorium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Explorium organizes the world of big data: \u201cCorrect data crowns market winners\u201d - 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