Company: Lyntics GmbH, Munich, Germany Company Description: Lyntics is an AI-driven tool that enables employees to get an overarching view on every data asset in organizations and extracts the logic behind it. We provide Data Literacy at a touch of a button. Nomination Category: Product & Service Categories - Business Technology Solutions Nomination Sub Category: Data Tools & Platforms
Nomination Title: Lyntics - The World´s First Data Literacy Platform
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
Lyntics is an AI-driven tool that enables employees to get an overarching view on every data asset in organizations and extracts the logic behind it. We provide Data Literacy at the touch of a button. The solution was released in 2021.
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 256 words used.
Automatic Documentation
Lyntics uses AI and natural language processing to automatically document
all your data assets (e.g. transformations, models, formulas, dashboards & reports) Data Cartography
Lyntics’ proprietary cartography engine breaks down data structures and navigates engineers through complex system landscapes BI Search Engine
Lyntics intelligent search engine transforms business terminology into technical knowledge without human intervention Data Governance Apps
Lyntics lets governance experts build case-specific no-code applications to serve the growing need for data / deletion compliance Data Consumer / Management
- Fully automated asset documentation (data transformations,
models, KPIs, etc.)
- Instant access to information right from your BI dashboard
(browser-plugin)
- Up to 70% less validation effort and increased adoption Data Analyst / BI Specialist
- Up to 60% more efficiency in business intelligence
- Up to 90% less manual documentation effort
- Up to 100% less redundancies Data Engineer / Scientist
- Up to 100% transparency over data landscape
- Up to 70% better data quality and consistency
- Instant answers on data relation, location and meaning Data Governance Expert
- 100% no-code solutions/economic coding (GDPR deletion,
ESG audit, Finance, etc.)
- State-of-the-art asset discovery and management
- End-to-end data lineage for various asset types Customer Quote: "Knowledge is crucial in today’s data-driven environment. For almost 2 years now, Lyntics has enabled Getinge to get data knowledge out of a few experts’ heads and democratize it within the company. With
Lyntics, we are able to increase data literacy quickly and effectively, particularly among new team members. Today, we cannot imagine working without Lyntics anymore."
Getinge
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 166 words used.
Scaling data science has always been one of our major challenges. Building a team of over 50 data scientists distributed across the globe, supporting some of the biggest players in the Forbes 2000 list was hard. Enabling our staff and our clients used to be difficult and extremely time consuming. We knew we needed to find a way to democratize expert knowledge and make immediately it available to the rest. What was meant as an internal knowledge solution at first, quickly attracted the interest of our clients as well. Even large enterprises like Swisscom or Getinge quickly joined our development partnership program and began to realize the value of our data literacy platform, Lyntics. They quickly began to notice the value it brings for their own data analytics teams.The Lyntics platform is licensed as a SaaS model according to modules and number of users as an annual software rental. The price in 2022 varied between 50k-150k per year depending on the individual scope of features.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 15 words used.
- Pitch Deck
- Product Video (find on our mainpage)
- Homepage: www.lyntics.com
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