London-based Gyana raises $3.9M for a no-code approach to data science

INSUBCONTINENT EXCLUSIVE:
Coding and other computer science expertise remain some of the more important skills that a person can have in the working world today, but
in the last few years, we have also seen a big rise in a new generation of tools providing an alternative way of reaping the fruits of
million to fuel its next stage of growth.Led by U.K
firm Fuel Ventures, other investors in this round include Biz Stone of Twitter, Green Shores Capital and U+I , and it brings the total
Kell, who were both pursuing post-graduate degrees at Oxford: Das, a former engineer, was getting an MBA, and Kell was doing a Ph
D
in physics.Das said the idea of building this tool came out of the fact that the pair could see a big disconnect emerging not just in their
structured data set (for example, a .CSV file) and running a series of queries on it to be able to visualise trends and other insights more
easily.While the longer term goal may be for any person to be able to produce an analytical insight out of a long list of numbers, the more
practical and immediate application has been in enterprise services and building tools for non-technical knowledge workers to make better,
data-driven decisions.To prove out its software, the startup first built an app based on the platform that it calls Neera (Sanskrit for
a lot bigger than that
They include Vodafone, Barclays, EY, Pret a Manger, Knight Frank and the UK Ministry of Defense
a dataset
So far, it has been adopted by academic researchers, financial services employees, and others that use analysis in their work, Das said.With
Currently, you download an app if you want to use Gyana, and you keep your data local as you work on it
reverse engineer what people are analysing
Sometimes if a person really has no experience or specific aim, it can be hard to think of how to get started when you can do anything
Das said they have also identified this, and so while currently Gyana already offers some tutorials and helper tools within the app to nudge
the user along, the plan is to eventually bring in a large variety of datasets for people to get started with, and also to develop a more
large funding rounds
to code) and Uncorq (for app development) have both raised significant funding just this week
In the area of no-code data analytics and visualisation, there are biggies like Tableau, as well as Trifacta, RapidMiner and more.Gartner
predicts that by 2024, some 65% of all app development will be made on low- or no-code platforms, and Forrester estimates that the no- and
low-code market will be worth some $10 billion this year, rising to $21.2 billion by 2024.That represents a big business opportunity for the
likes of Gyana, which has been unique in using the no-code approach specifically to tackle the area of data science.However, in the spirit
with more enhanced paid products, which will be priced on an annual license basis (currently clients are paying between $6,000 and $12,000
it will offer to users