“We are honored to include Sunil Rawat and his company, Omniscience, in our BoLAA family.” ~Aurora DeRose
— Sunil Rawat, CEO of Omniscience
LOS ANGELES, CALIFORNIA, USA, April 29, 2022 /EINPresswire.com/ — Omniscience, co-founded by CEO Sunil Rawat, which was featured in the third annual Financial Times (FT) ranking of America’s fastest-growing companies fast, wins BoLAA – “2022 Best Innovative Company Award.” FT’s third annual ranking of Americas fastest growing companies shows the resilience of businesses as they adapted to the initial onslaught of the Covid pandemic in 2020. Since then, business leaders across the country have pledged to “build back better,” with increasing digitalization across a variety of industries and faster progress in green energy generation and infrastructure. Omniscience ranked 81st out of 500 in the Financial Times (FT) Third Annual Report. Truly a magnificent achievement.
Take a look at the full list of America’s fastest growing companies here: https://www.ft.com/content/6ee8f978-a2e0-4644-b7c7-0718a334adb7
Omniscience is the first company to manage and decipher complex, hyper-dimensional data sets without any guesswork. This enables clients to make accurate business decisions and find new opportunities at the right time. The Omniscale computing model combines mathematical transformations, advanced artificial intelligence and unique distributed computing to help insurance and financial services companies increase market share, reduce costs, increase return on equity and strengthen regulatory compliance. Over time, many additional markets will also be able to use Omniscience to decipher the chaos in their environment and help resolve it. Omniscience is headquartered in Palo Alto, California, in the heart of Silicon Valley. Investors include Reinsurance Group of America, TD Bank, Translink Capital, Guardian Life Insurance Company of America, Oriza Ventures, Plug and Play Ventures and others.
The Financial Times list was developed in collaboration with Statista, a research company, and ranks participants from across the Americas based on their compound annual revenue growth rate (CAGR) between 2017 and 2020. The ranking is based on a country’s ability to innovate and the willingness of its high-growth companies to be transparent about financial information, rather than about the size of its economy. About 90% of the companies on the list are from the United States and Canada, with only 5% from Brazil.
As the coronavirus pandemic worsened, more and more people began to work, shop and communicate through digital channels, the IT sector grew rapidly. Since the lifting of containment measures, the growth of some companies has slowed. Similar to the previous year’s ranking, technology led by North American companies makes up about 28% of the overall list, followed by financial services (7%) and healthcare (6.4%) .
With its technical origins in the US intelligence community and its founders’ experiences in developing and deploying Internet-scale applications, Omniscience has created a breakthrough technology platform to handle high data volumes and the combinatorial complexity of the real world. Omniscience’s remarkable team brings extensive experience in machine learning, algorithmic distribution, finance, insurance, and data science.
Aurora Of Rose
Media Unlimited Inc.
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