Locstat (Pty) Ltd is a software company based in Cape Town, South Africa.
Why we do what we do?
The demand for real-time situational awareness, driven by the increasing convergence of IoT / Industry 4.0 and Big Data is creating problems and need in organisations wanting to succeed in a modern, data rich world. Businesses struggle with the volume, veracity and variety of data they generate and then the speed (velocity) at which they have to analyse it. This creates serious risk, missed opportunities and financial losses. The right mix of skills, software and practical solutions needed to solve this are difficult and expensive to access.
'.....We illuminate the dark spaces of your digitized environment, bringing truth and data to life!
To reveal the hidden. The new. The previously invisible.
We uncover insights and opportunities to empower businesses, industries and humans with real-time data, knowledge and intelligence.
We help them navigate the challenges to thrive in our rapidly changing world....'
What we do?
Locstat provides Graph Powered AI and Event Processing for Next Generation Data Intelligence.
Locstat unlocks your customers' value by illuminating the concealed risks and opportunities in the dark spaces of your digital environment. We improve efficiency, increase profitability and enhance customer experience.
Locstat provides a range of capabilities and solutions, including: High volume transaction monitoring ⋅ Real-time Streaming Analytics ⋅ Business360°⋅ Fraud detection and prevention ⋅ Know your Customer (KYC) and Anti-Money Laundering (AML) ⋅ Churn Prediction & Prevention ⋅ Recommender Systems ⋅ Customer360°⋅ Event processing for IoT ⋅ Geo-spatial Analytics and Common Operating Pictures ⋅ Integration into applications requiring complex event processing capabilities
How do we do it?
Through the novel use of Machine Learning and Graph technology, we uncover insights to empower enterprises and personnel with static or real-time data. Through our Augmented Intelligence and Analytics capabilities, we focus on AI's assistive role in advancing human capabilities to maximise the available intelligence in your organisation.
Locstat provides a unique, quick to implement Data Intelligence platform that solves difficult problems in a variety of industry sectors. including: Financial Services and Fintech, Insurance, Retail, Supply Chain Intelligence, Safety and Security, IoT and SMART Environments, Risk Management and Compliance.