Redwood City, Calif. – July 12, 2016 – C3.ai™ is positioned as a “clear leader” in the latest Market Leader Profile, an independent report published today by Harbor Research, a research and strategy consulting firm focused on Smart Systems and the Internet of Things. Based on a comprehensive evaluation of C3.ai’s core strategy, value proposition, competitive differentiation, and growth prospects, Harbor Research asserts C3.ai is “built from the ground up to be a market leader in IoT-driven enterprise solutions” and “is clearly miles beyond its established competitors.”
“With nearly two dozen large-scale deployments worldwide, and more than 70 million sensors under management, C3.ai has a two- to three-year lead in terms of product development, customers, and devices under management,” said Harry Pascarella, Consultant at Harbor Research and author of the firm’s report on C3.ai. “With advanced machine learning at the core of its enterprise platform and all markets in its sights, C3.ai is perfectly positioned to capitalize on this trend and the entire Smart Systems market.”
According to the Harbor Research report, “Founded as C3 Energy in 2009, the company targeted large utilities with massive deployments of smart grid devices and sensors. As the company continued to develop its platform, integrating machine learning and application development capabilities, large manufacturers and retailers began approaching [the company] to use the platform in their environments. In early 2016, the company rebranded as C3.ai, expanding its industry portfolio to include manufacturing, oil and gas, aerospace and defense, transportation, healthcare, retail, commercial services, and public sector, among others. If C3.ai can tackle smart grid and power generation applications—environments with highly mission-critical systems, distributed devices and a variety of legacy technologies—it can be successful in any IoT deployment.”
The C3 Platform™ accelerates an organization’s time to business value by providing a full-stack, enterprise-scale platform-as-a-service (PaaS) solution that enables the rapid design, development, deployment, and operation of next-generation software applications. The C3 Platform enables organizations to leverage all available data – including telemetry from millions of sensors and devices, data from diverse enterprise information systems, and external sources (such as social media, weather, traffic, and commodity prices) – and employ advanced analytics and machine learning at scale, in real time, to capture business insights for improved operations, enhanced customer engagement, and differentiated products and services.
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