Data is the new oil but it's worth only when you can squeeze useful information from it. While every other person talks about data, very few know how to analyse and use it. No organization can exist without data; a company needs to make data-driven decisions to be successful. There are hundreds of business intelligence tools and dashboards in the market to help companies segregate and analyze the data received from various sources. Unfortunately, only a small number of them are easy to comprehend and utilize, especially from a layman point of view.
- Startup Name-Visualr Software
- Founder Name-Kunal Chaturvedi
- Sector-Enterprise Software
- Parent Organisation-StepOut Solutions Pvt. Ltd.
Visualr is a data visualization solution that makes data more meaningful and comprehensible for businesses. Visualr enables businesses to connect with multiple data sources. With Visualr, businesses can connect with MS Excel, My SQL, MS SQL, Oracle, and even flat file databases easily and quickly—generating useful business intelligence and stats. Visualr can also fetch data from Twitter and Google Analytics through exposed APIs. By using Visualr, data can be presented creatively through graphics and can be seamlessly shared with others.
Our eyes are more responsive to lines, graphs, and colors when compared to tabular data. Visualr dashboard takes advantage of this and is designed such way that users understand trends and patterns in seconds, allowing them to take rational decisions quickly and derive conclusions. The user-friendly data analytics platform is available in two versions: on-cloud and on-premise.
Visualr comes with the following benefits:
- It is a self-service data analytics platform bundled with built-in SQL and NO-SQL database connectors.
- Time for installation and setting up Visualr is less than two minutes.
- Visualr doesn't have a "data engine", rendering hardware requirements to minimum. It is a browser-based tool independent of the type of machine used to access it.
- Visualr is easy to use. An hour's training suffices for a newbie.
- It has a subscription based model permitting organization to adopt it with no large upfront cost.
- Currently, Visualr is being incubated by Huddle, a sector-agnostic incubator and co-working space based in Gurugram.
- Every resource in an organisation should have access to data for better and quick decision making - Kunal
Visualr Software - Industry Details
The self-service Business Intelligence (BI) and data visualization market was valued at USD 4.51 billion in 2017 and is expected to reach USD 7.76 billion by 2023 at a CAGR of 9.47% over the forecast period 2018-2023. North America is the largest market for business intelligence in the world. The United States is the major shareholder in the North American region. In Canada, which was relatively stable during the recessionary period, the gains are more visible.
Visualr Software - Founder
Visualr Software founder Kunal Chaturvedi is a passionate entrepreneur who quit his plush 9-5 job to follow his dreams and explore avenues. Coming from humble beginnings in Agra, Kunal Chaturvedi is an electrical engineer by qualification.
He earned accolades and awards for his short stint in the automobile Industry where he worked on various projects for companies like Nissan UK, Tata Motors India, and Mahindra & Mahindra India to name a few. With a knack for taking challenges head-on, he has contributed in milestone projects like Tata Nano and Mahindra Xylo (both are firsts in their respective segment) in the past. Kunal is a voracious reader and likes to read books on philosophy and autobiographies of his inspirations.
Visualr Software - The Idea And Launch
Organizations generate data with each passing second and considering the complexity and economics involved in existing BI solutions, these institutions aren't able to leverage their data to the fullest. Visualr was the bridge to this gap.
Kunal understood from the market that people needed to see trends and patterns from their own data, let alone third party data. Suggestions and other insights expected from a BI solution are secondary in nature. They decided to serve the topmost requirement of a business when it comes to data—an appealing and comprehensible Dashboard.
The feedback received from the first few users of Visualr prototype motivated the team to go ahead with the idea and convert it into a full fledged BI Solution.
Visualr Software - Name And Logo
Visualr is an abbreviation of Visualizer. The company's elevator pitch reads as: 'Revealing Business Potential by Making Data Visualization Easy'.
Visualr Software - Customer Acquisition
The Visualr team worked hard to convince initial clients to use their product and gradually gained traction through word of mouth publicity from these users. Through an edifice of these success stories, the company was able to penetrate deeper into the market.
The Visualr team is bullish about its mission of creating a solid consumer base resting on positive customer experiences, evident by its existing clientele.
Visualr sees itself more as a customer problem-centric organization than a technology-centric entity. The company strives to solve business problems by all means, be it technology or through simple hacks.
In terms of competition, we are always keen to learn new development in the Data world so we study a lot of data analytics startup as well as big giants - Says Kunal
Visualr Software - Challenges
The most challenging thing is keeping the entire team motivated during the low phase, when you need maximum support to keep yourself motivated for a new day. Keep on fighting for one more time. Also, it was tough to get rejection every other day from the prospects. There were doubts and down times but Kept sailing. - Kunal said
Visualr Software - Funding
The company is bootstrapped and looking to raise funds soon.
Visualr Software - Advisors And Mentors
Mr. Subinder Khurrana is serving as advisor as well as mentor to Visualr. Subinder has more than twenty years of startup experience and founded the NASSCOM DeepTech Club. He also sits on the Board of Members of TiE Delhi.
Visualr Software - Awards
Visualr was recognized by Finance Online for best User Experience Award, and received the Rising Star Award in Data Analytics domain.
- Top 50 Startup by MSME.
- Top 200 Startup by RISE Conference in 2017.
- Visualr Software - Founder's Productivity Hacks
- Kunal emphasizes on the importance of discipline.
Discipline is the only way you can manage things. Discipline should be your lifestyle. Your daily routine, your work ethics and your interaction with the outer world.
Kunal also believes in the power of follow up. According to him, follow up is the biggest tool one can use effectively to complete tasks. Introspection is not to be forgotten!
Visualr Software - Founder's Advice
Focus on the business problem. Learn business first. Technology is just a tool to solve a business problem effectively.
Visualr Software - Future Plans
The company spent the last 15-18 months in understanding BI adoption behavior in the market. The primary focus now is on revenue and profitability. In 2019, the company has decided on a customer acquisition target for the first time. It is focusing on a million dollar ARR before the end of 2022. Strategic Markets are India (home), North America, and SEA.
The Visualr team envisages Visualr as a global company bridging the gaps in the industry, solving specific business problems through data analytics with minimal dependency on IT skills.