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Handling data can be difficult. Especially when you work with a variety of data sources such as excel, SQL, airtable, etc. This week’s startup AskEdith makes data analysis as easy as asking a question.
⚾ The Elevator Pitch:
In today’s world, if companies want to stay ahead of the competition, they need to empower all of their employees to utilize and understand their data. The problem is that modern data teams take 2-5 business days to build requested reports. With AskEdith, anyone can access their company’s data directly, thereby saving time and greatly enhancing decision quality.
👇 The Drop Down:
Site: https://www.askedith.ai/
Founded: 2021
Stage: Seed
Tech Trend: FinTech
Traction: #1 Product of the Day on Product Hunt
Team: Jared Zhao
🔍 Why we like it
📈 Targeting a fast growing market
The self-service analytics market was $6B in 2020 and is expected to reach $19B by 2028. Data + analytics are crucial for growth. AskEdith is riding this fast growing market with its code-less data analysis platform.🔥 Empowers business owners
For new businesses, it is especially important to understand which specific areas contribute to growth and revenue. This can be a difficult ask, requiring the right tools and people. AskEdith opens doorways with its easy-to-use yet powerful data analysis platform.
💨 Fast analytics
In a pinch, and need information about your company’s annual revenue and profit? Curious about who is the best performing employee based off sales? Questions that previously took days to answered can be now answered in seconds with AskEdith.