ElectrifAi

ElectrifAi LLC, formerly Opera Solutions, LLC is a technology and analytics company focused on practical machine learning. The firm uses a combination of practical AI, machine learning science, large-scale data management and human expertise to solve common business problems. ElectrifAi delivers predictive analytics as a service, and offers hosted, cloud-based systems for specific business problems, including consumer behavioral analysis, revenue leakage issues, corporate security risk, etc. The company is headquartered in Jersey City, with offices in San Diego, Shanghai and New Delhi.
In April 2011, Opera Solutions initiated the "Big Data Discourse Series," a series of discussion events with private sector and government leaders focused on the societal and business impact of Big Data. The series has featured Cory Booker and Michael Chertoff, as keynote speakers.
In July 2019, Opera Solutions underwent a corporate rebrand to ElectrifAi and appointed Edward Scott as its CEO.
Funding
ElectrifAi has a total of $122.2 million in funding from investors including Silver Lake Sumeru, Accel-KKR, Invus Financial Advisors, JGE Capital Management, Tola Capital and Wipro Ltd. In September 2016, then Opera Solutions closed on a term loan financing agreement of $70 million.
Awards and recognition
In 2018, then Opera Solutions won the Porto Seguro Safe Driver Prediction Competition, hosted by Kaggle. In 2009, the company participated in the Netflix Prize, a three-year-long analytics competition, in which it was a part of "The Ensemble", a three-team consortium that finished second.
In 2012, then Opera solutions was a runner-up in the KDD Cup, a data-mining competition that attracts industry leaders around the world. In 2013, the company participated in the Heritage Health Prize Competition, a two-year national contest, in which it ranked top 5 five out of 1659 participants.
Gartner, Inc. recognized then Opera Solutions in their Cool Vendors in Analytics 2013 Report. IDG’s Computerworld Honors Program recognized the company as one of its 2013 Laureates. ESG Global named Opera Solutions as a finalist for Big Data Vendor of the Year for 2012 and it was also recognized as a top 100 Big Data social media influencer by Big Data Republic.
Criticism
In 2011, then Opera Solutions was criticised by Ben Goldacre in a Guardian article regarding the 2011 Opera Solutions UK White Paper, "Realising Savings Through Procurement Optimisation",. The criticism was in response to the promotion of the company's white paper by Eric Pickles MP, as well as the frequent citation of the study in British popular press. The white paper stated that local government is missing the opportunity to save 10-20 per cent on procurement spending because of a lack of spending visibility and insight. Goldacre criticized the report as claiming it to be "astonishing, shameless bait and switch".
 
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