When I joined Dataminr 14 years ago, I couldn’t have imagined the impact real-time event detection from public data would have across industries. As the head of our Platform API business, I’ve experienced this evolution firsthand, from our early days of product development to our current platform strategy that’s reimagining real-time information.
Dataminr’s story began with financial traders who needed split-second awareness of market-moving events. But we quickly realized that our rapid, AI-powered processing of billions of signals had applications that extended far beyond trading floors. Whether it’s a natural disaster affecting supply chains, a geopolitical crisis influencing market stability, or a cyber incident threatening operations, the need for immediate, actionable data is universal.
Finding Our Mission
Our work with the U.S. Department of Defense was a breakthrough that taught us valuable lessons about scaling and refining our capabilities, leading to a strategic shift from applications to platforms. Today, we’re enabling our partners across industries to leverage the Dataminr platform, creating opportunities for innovation that weren’t possible before.
Four industries are particularly ripe for transformation with real-time event detection: supply chain, Earth observation, insurance, and financial risk management. Organizations operating in these industries could significantly benefit from earlier warning of potential disruptions or risks.
Aiding Supply Chain Visibility
According to McKinsey, organizations worldwide are grappling with visibility gaps in their supply chains, with only 30% able to monitor beyond their tier-one suppliers. Our platform addresses this challenge head-on, providing proactive alerts about events impacting land, air, and sea transportation, third-party risks, and cyber attacks.
Our partnership with Altana exemplifies how real-time event detection can transform supply chain visibility. By adding AI-powered signals from Dataminr to the Altana Atlas (the only dynamic, intelligent map of the global supply chain), Altana’s customers are able to navigate disruptions like natural disasters, geopolitical events, and public health risks to minimize their impact.
Guiding Earth Observation
In the realm of Earth observation and satellite technology, we’re bridging a critical gap between space based assets and ground-level information. By complementing satellite imagery with information from IoT devices, geological sensors, public social media, and safety scanners, Dataminr provides a comprehensive view of developing situations. This can add context to images as well as let organizations know where to direct their observation efforts, helping our partners better serve their customers.
Automating Insurance Risk Assessment
The insurance industry is another sector experiencing transformation through our platform. Traditional periodic risk assessment, which often relies on historical data and annual reviews, is rapidly giving way to continuous underwriting enabled by real-time data and AI. Automated risk monitoring systems allow insurance companies to adjust coverage and pricing dynamically based on emerging threats and changing conditions. This approach not only helps insurers better manage their exposure but also enables them to provide more responsive and customized coverage to their clients.
Staying Ahead of Financial Risk Management
Understanding the fast-moving market, geopolitical events, and regulatory changes is a necessity in the financial sector. By partnering with Intercontinental Exchange (ICE), Dataminr has come full circle, bringing our capabilities back to the financial sector in a new way. By integrating our alerts into ICE Connect, we’re demonstrating how strategic partnerships can enhance existing industry solutions with timely and actionable alerts in existing workflows and tools that financial professionals use every day.
Partnering for Success
The power of partnership lies in our ability to work together to build new business opportunities. Dataminr is investing in our partners’ success through comprehensive support, technical resources, and collaborative innovation. Our Platform Partners benefit from Dataminr’s years of experience with multi-modal large language models (LLMs) and real-time event detection, and we’ve made it possible to embed Dataminr capabilities into existing technology platforms without spending months or years on AI development.
Join the Dataminr Partner Network
For organizations interested in exploring how real-time event detection can transform their platforms and services, we’re ready to combine your deep industry expertise with Dataminr’s revolutionary AI platform.
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