The funding will assist with its research and development (R&D) programme, through which it’s using a variety of data sources to develop smart algorithms that help answer challenging business problems in near real time.
Managing director Dr Paul Bracewell says it will mean machines can make lives easier by wading through massive datasets to not only predict what will happen but also spit out the how and the why.
He says it will be able to drive real action from data by addressing the so-what factor up front.
The grant will enable Dot Loves Data to bring its solutions to life for its clients over the next three years.
Idealog has been covering the most interesting people, businesses and issues from the fields of innovation, design, technology and urban development for over 12 years. And we're asking for your support so we can keep telling those stories, inspire more entrepreneurs to start their own businesses and keep pushing New Zealand forward. Give over $5 a month and you will not only be supporting New Zealand innovation, but you’ll also receive a print subscription and a copy of the new book by David Downs and Dr. Michelle Dickinson, No. 8 Recharged (while stocks last).
Idealog is part of ICG. We work with clients like Woolworths New Zealand, All Good, Huffer, Liquorland, Resene, Citta Design, TVNZ, Spark and FCB on their event activations, in-store, in-office or out-of-home signage, content creation and vehicle wraps.