{"id":14303,"date":"2021-06-15T08:42:26","date_gmt":"2021-06-15T06:42:26","guid":{"rendered":"https:\/\/ggba.swiss\/geneva-based-big-data-specialist-zytlyn-raises-usd-2-5-million\/"},"modified":"2023-07-04T13:40:18","modified_gmt":"2023-07-04T11:40:18","slug":"geneva-based-big-data-specialist-zytlyn-raises-usd-2-5-million","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/geneva-based-big-data-specialist-zytlyn-raises-usd-2-5-million\/","title":{"rendered":"Geneva-based big data specialist ZYTLYN raises USD 2.5 million"},"content":{"rendered":"<p><a href=\"https:\/\/www.zytlyn.com\/\" target=\"_blank\" rel=\"noopener\">ZYTLYN<\/a>\u00a0is a data analytics and AI company whose platform gives customers the ability to optimize critical decision making through predictive insights, notably within the travel industry.<\/p>\n<p>Contrary to other solutions, the start-up does this without its clients having to replace their existing systems, while already working with leading airlines, travel agencies and airports, offering a new generation of contextual prediction of demand, prices, revenues, and sales.<\/p>\n<p>\u201cThe travel sector is ideally positioned to benefit from ZYTLYN\u2019s predictive insights, technology and platform. Not only was the industry hit hard by the pandemic, but travel offers a complex landscape, incredible permutations and massive fragmentation. By capturing every possible signal, using machine learning to find patterns and correlations in real-time, we provide airlines, travel agencies, airports\u00a0and hotels,\u00a0with rich predictive insights about granular consumer, competitor and market behaviors\u201d, said Houman Goudarzi, Co-Founder &amp; CEO of ZYTLYN.<\/p>\n<h4>A unique platform and technology<\/h4>\n<p>Thanks to investors such as <a href=\"https:\/\/www.fongit.ch\/\" target=\"_blank\" rel=\"noopener\">Fongit<\/a>, <a href=\"https:\/\/www.plugandplaytechcenter.com\/ventures\/\" target=\"_blank\" rel=\"noopener\">Plug &amp; Play Ventures<\/a>, the <a href=\"https:\/\/www.sictic.ch\/\" target=\"_blank\" rel=\"noopener\">Swiss ICT Investor Club<\/a> and the former president of <a href=\"https:\/\/amadeus.com\/en\/industries\/airlines\" target=\"_blank\" rel=\"noopener\">Amadeus<\/a>, the Geneva-based start-up was able to raise USD 2.5 million.<\/p>\n<p>\u201cOut of the many big data analytics start-ups that we have come across, ZYTLYN stood out with their unique platform and technology. They are tackling predictive analytics during a time when it\u2019s urgently needed, with an ambitious vision, going after big impact. With their team of industry experts, exceptional engineering and data science talent, we believe ZYTLYN will scale quickly and have a positive impact on the entire travel industry and beyond.\u201d says Amir Amidi, Managing Partner at Plug and Play.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the world\u2019s largest big data players in the travel industry, ZYTLYN Technologies has secured USD 2.5 million in funding to accelerate its growth.<\/p>\n","protected":false},"author":3,"featured_media":14304,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[839],"tags":[980,948,887],"class_list":["post-14303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-en","tag-big-data-en","tag-hospitality-tourism","tag-software"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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