Founded by Abdullah Asiri, Hatem Kameli, Mohammed Milyani and Dr. Mazen Melibari, Lucidya is a Jeddahbased startup that provides social media analytics and monitoring tools to help businesses make strategic decisions using big data and machine learning. With a Software-as-a-service (SAAS) commercial model, Lucidya analyzes content in over 30 languages, including Arabic, based on algorithms.
In December 2016, Lucidya partnered up with Twitter to work on a Twitter analyzer with the capacity to archive 8 million tweets a day, and is looking to expand its data sources to Facebook and Instagram. In January 2017, Lycidya received a $133,000 grant from Microsoft to develop and expand its infrastructure. While Lucidya is not unique in its business model, what sets it apart from regional competitors such as Egypt-based Badr IT and Crowd Analyzer is that it offers tailored monitoring and analysis based on the local market.
Country: Saudi Arabia Launched: 2016 Category: Social Media Analytics