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Precisely

precisely.com

Founded Year

1992

Stage

Unattributed VC | Alive

Total Raised

$125M

About Precisely

Precisely specializes in data integrity, providing accuracy and consistency in data for customers in more than 100 countries. Precisely’s data integration, data quality, location intelligence, and data enrichment products power better business decisions to create better outcomes. The company was founded in 1992 and is based in Burlington, Massachusetts.

Headquarters Location

1700 District Ave, #300

Burlington, Massachusetts, 01803,

United States

877-700-0970

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ESPs containing Precisely

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Emerging Tech / IT Infrastructure

Data integration tools process, transform, and merge data from disparate sources into a single view for simplified use and analysis.

Precisely named as Challenger among 12 other companies, including TIBCO Software, Qlik, and SAS.

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Expert Collections containing Precisely

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Precisely is included in 3 Expert Collections, including Advanced Manufacturing.

A

Advanced Manufacturing

2,499 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

I

Insurtech

129 items

H

Health IT

414 items

Precisely Patents

Precisely has filed 1 patent.

The 3 most popular patent topics include:

  • Acetylcholinesterase inhibitors
  • Data management
  • Digital signal processors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/20/2017

9/7/2021

Data management, Microcontrollers, IBM mainframe operating systems, Acetylcholinesterase inhibitors, Digital signal processors

Grant

Application Date

6/20/2017

Grant Date

9/7/2021

Title

Related Topics

Data management, Microcontrollers, IBM mainframe operating systems, Acetylcholinesterase inhibitors, Digital signal processors

Status

Grant

Latest Precisely News

Precisely Works With AWS to Power Mainframe Modernization for Real-Time Access to Data

Nov 30, 2022

Announced during AWS re:Invent, the work underscores commitment to provide maximum value to customers for their infrastructure investments November 30, 2022 03:00 PM Eastern Standard Time BURLINGTON, Mass.--( BUSINESS WIRE )-- Precisely , the global leader in data integrity, today announced it is working with Amazon Web Services (AWS) on its AWS Mainframe Modernization service. The integration offers real-time replication of mainframe data to AWS leveraging Precisely Connect , allowing customers to securely and efficiently migrate data, as well as access mainframe data on AWS for more powerful analytics. This new scope of work delivers a mainframe modernization solution to the market that allows customers to replicate mainframe data onto AWS with zero downtime. The functionality allows customers to build resilient, high-performance data pipelines that connect data from their mainframe databases to AWS services like Amazon Relational Database Service (Amazon RDS), Amazon Aurora, Amazon Simple Storage Service (Amazon S3), Amazon EMR, Amazon Managed Streaming for Apache Kafka (MSK), Amazon Redshift, Snowflake on AWS, and more. By accelerating access to mainframe data on AWS, businesses can get mainframe migration projects done on time and on budget, all while extending the value of mission-critical, and high investment, mainframe systems. The integration solution works within a business’s existing architecture, allowing teams to future-proof solutions and be flexible when introducing new applications and use cases. Customers that have already begun taking advantage of these joint capabilities include AAA Life Insurance: “Our customers rely on us to provide financial protection for their loved ones, and with over 1,500,000 active policies, central to success is real-time access to trusted data across multiple sources. This includes mainframe systems - which are notoriously challenging to integrate effectively,” said Steven Hinzmann, Manager of Application Development at AAA Life Insurance. “Precisely Connect allows us to quickly and easily access vast volumes of historical business and customer data, which is then replicated to the AWS environment where it can be leveraged for advanced analytics. The combination of Precisely’s rich heritage in handling mainframe data with AWS’s cloud platform has been unbeatable for allowing us to innovate and drive the best possible customer experience." “Data is the lifeblood of the digital economy and the pipelines that carry it are essential to a business’s IT infrastructure,” said Eric Yau, Chief Operating Officer at Precisely. “Together with AWS, we can help our customers to maximize their data and investments - unlocking the true potential of their critical data assets to power their business by making critical data assets available for AWS and for advanced analytics.” “AWS and Precisely empower our customers to build trust in their data,” said Bill Platt, General Manager for Migration Services at AWS. “By integrating data from complex mainframe systems directly onto AWS, customers can rely on their data to be the driving force of confident analytics, and ensure they are deriving maximum value from their infrastructure investments.” Learn more about the work between Precisely and AWS here , or visit Precisely at AWS re:Invent to speak with its team of data integrity experts. About Precisely Precisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 99 of the Fortune 100. Precisely’s data integration, data quality, data governance, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at www.precisely.com Contacts

Precisely Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
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Precisely Frequently Asked Questions (FAQ)

  • When was Precisely founded?

    Precisely was founded in 1992.

  • Where is Precisely's headquarters?

    Precisely's headquarters is located at 1700 District Ave, #300, Burlington.

  • What is Precisely's latest funding round?

    Precisely's latest funding round is Unattributed VC.

  • How much did Precisely raise?

    Precisely raised a total of $125M.

  • Who are the investors of Precisely?

    Investors of Precisely include Insight Partners, Partners Group, Clearlake Capital Group, TA Associates, Centerbridge Partners and 6 more.

  • Who are Precisely's competitors?

    Competitors of Precisely include CogniSure, Trifacta, Ataccama, Monte Carlo, Carpe Data, Voyance, EvolutionIQ, Labelbox, Datactics, SuperAnnotate and 18 more.

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Carpe Data

Carpe Data provides next-generation predictive scoring and data products to P&C and life insurance companies. Leveraging the social web, online content, wearables, connected devices, and other forms of next-generation data Carpe Data's products enables insurers to more accurately predict risks and innovate with new products to meet changing customer habits. Carpe Data was founded in 2016 and is based in Santa Barbara, California.

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CogniSure

CogniSure is a developer of a data extraction artificial intelligence(AI) platform to deliver data extraction and analytics to insurance carriers, brokers, and MGAs. Its deep learning algorithms provide insights from data insurance documents such as submissions, loss runs, policies, and schedules, and provide analytical insights to manage risks, and organize and digitize insurance documents. The company was founded in 2019 and is based in Naperville, Illinois.

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QuanTemplate

QuanTemplate is an insurance reporting and analytics software built for wholesale reinsurance markets. Importing, analyzing, modelling, and reporting data allows QuanTemplate users to manage workflow within one app. Through QuanTemplate, underwriters and brokers can conduct the operational activities required to trade in the insurance market, while optimizing their risk in real time.

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