LUCIDYA

Arabnet - The Quarterly - - Entrepreneurship -

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

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