OThot Receives Strategic Investment from Opus

othotOThot, a Pittsburgh, PA-based developer of cloud-based data science-driven platforms that reduce the cost and complexity of implementing predictive analytics, received a strategic investment from Opus, a Palo Alto, California-based provider of SaaS-based compliance solutions.

The amount of the deal was not disclosed.

The investment in OThot aims to enable Opus to accelerate future use of predictive analytics on its Hiperos (Third Party Management) and Alacra (Know Your Customer) platforms.

Co-founded by John Abbatico, the founding CTO of Hiperos, an Opus Company, and CEO Andy Hannah, OThot is a cloud-based predictive analytics company whose platforms enable customers to leverage their data and externally-generated data to answer core business-driven questions that are critical for a company to build, develop and maintain their customer base such as predicting the likelihood of a prospect becoming a customer or an existing customer to churn, and predicting the impact of a marketing program on revenue.




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