A Comprehensive Review of Kumo.AI: Pricing, Features, and Integrations.
You can stay competitive and agile in today’s business sphere by transforming data into actionable plans. Businesses today spend millions of dollars storing data in the cloud but only use a fraction of that data for analysis, losing out on essential insights. Get your money’s worth by using an AI-powered tool that can perform predictive analysis to tackle challenges in your business.
Kumo AI is a SaaS tool that performs predictive analysis and delivers results faster, even with less data. Therefore, there’s a need to critically review this software to determine if it can automate the complexities of predictive machine-learning processes. This article provides an overview of Kumo.AI and discusses its features, pricing, and customer support.
Kumo AI Overview
Kumo AI is a predictive analysis tool that allows businesses to leverage the full potential of business data to make better decisions and more accurate predictions. The company was founded in 2021 by several pre-eminent AI executives from companies like Airbnb, LinkedIn, and Pinterest.
Kumo AI maintains a mission to help businesses unleash the full potential of enterprise data. They hope to achieve this by introducing a powerful graph learn approach through simple tools that don’t require heavy technical expertise to deploy. In short, Kumo AI. The company enables business owners to save resources by reducing the cost of gathering and storing big data.
In many instances, business data is interconnected. Different data linked together help you understand the customers in a broader scope. You can relate the customers’ engagement with their transactions and interests.
Kumo AI uses this interconnectedness to enable a technical jump in AI. While SQL queries the past, Kumo helps to query the future and predict future trends and events. With Kumo AI, you can make predictions in three steps: Connect to your data source, assemble your enterprise graph, and type your queries using natural language.
- Established: 2021
- Founders: Vanja Josifovski, Jure Leskovec, Hema Raghavan
- Headquarters: California; United States.
5 Core Features of Kumo.AI
Expert Opinion
Rating: 4.5/5
An impressive element of Kumo.AI is its easy-to-use interface, suitable for technical and non-technical users. Without prior knowledge of machine learning, you can leverage this tool to automate end-to-end predictive analysis. Kumo.AI represents data in a way that is easy to use and scalable.
Even with limited training data, the inherent connectedness of the data in graph form delivers accuracy. This is considerably cheaper than storing big data in a cloud management system. Data science and analysis are also more accessible and better with Kumo.
The software has the capability to find similar or duplicate user-generated content, making your enterprise data more structured. It can also be helpful for targeted advertisements as it performs excellent customer segmentation and clustering. Kumo also helps in the imputation of missing data and improves the quality of your enterprise data overall.
However, as with every SaaS tool, there is always room for improvement. The company can further increase this tool’s accuracy to ensure users enjoy the full benefits of the software.
Notable Features Of Kumo.AI
Kumo AI has various features and functionalities to help you achieve your business goals. Here, we will explore some of these features.
1. Customer Acquisition
With predictive queries and data integration, Kumo AI can help you boost your efforts to gain new customers while reducing acquisition costs dramatically. This feature allows you to predict cold start leads with minimal history accurately. You can also get insights into which marketing activities drove a conversion to develop a better strategy.
At a global or individual account level, you can identify the top hindrances or drivers aiding your potential to acquire new customers. Kumo AI allows you to structure problems through a simple query to understand users’ lifetime value relating to future purchases. This can help you craft ad campaigns and set ad budgets smartly.
Kumo AI makes defining ML tasks more accessible by providing drag-and-drop features and algorithms to create predictive models. It also executes a fully tuned and optimized model using AutoML. With this tool, you can predict 30-day lifetime value across each user, 3-month active users, and more.
2. Forecasting and Anomaly Detection
You can use Kumo AI to improve your abilities to accurately forecast, monitor, and plan different aspects of an enterprise. Without ML expertise, you can leverage your Kumo graph’s structure to incorporate substitutionary, complementary, and correlation effects between forecasts’ time series. Even without historical data, this feature allows you to forecast cold start time series.
With Kumo AI, you can learn how changes in your planning assumptions can alter your forecast. It also supports transitioning from forecasting at a region/company level to a granular level in your data. This aids financial analysis and planning.
You can improve your predictive accuracy by adding 3rd party weather, events, holidays, and demographic data. This aids proper supply chain optimization and reverse supply chain management and analytics.
3. Fraud and Abuse Detection
You can prevent massive damage to your business by leveraging Kumo AI to improve your ability to detect different kinds of user abuse and fraud. Kumo helps you develop a 360-degree view of users and their activities. This enables you to track and monitor changes in each user’s behavior using historical data.
Starting from the most granular event, you can identify the specific contributing factors for detected risks. This way, you can double on investigating to detect and prevent fraud and account takeover. You can also leverage this tool to reduce policy violations or bot-generated content.
4. Personalization
You can drive long-term engagement with customers by providing them with personalized experiences. Kumo uses data integration and predictive queries to define affinity between users and items. This tool is equipped with programming chatbots that accommodate users’ needs on an individual basis.
Kumo AI helps you enhance enterprise search systems and product catalogs by leveraging user preferences. You can achieve higher customer engagement by improving organic outreach content, such as sales calls, emails, and notifications.
5. Anti-money Laundering
Joining the war against money laundering is not so far-fetched with Kumo. This software can help you gain insights into illicit financial activities to improve your enterprise’s anti-money laundering efforts. Without machine learning knowledge, Kumo allows you to augment user data by generating a 360-degree view of users’ activities through the surrounding context.
Kumo lets you Increase alert investigation efficiency by flagging anomalous behavior and detecting suspicious activities. Your Kumo graph allows you to identify and interpret global patterns in data. With this, you can construct extensive anti-money laundering detection and prevention pipelines, including critical components like identity theft.
Kumo Integration
Kumo boasts of comprehensive integration with your data storage platforms and applications. The company recently partnered with Snowflake Container Services. Combining Kumo’s capacity with Snowflake’s reliability allows you to supercharge and automate the entire machine-learning lifecycle.
Data bricks and Kumo blend efficiently, presenting a new approach to performing scale-based machine learning. This integration enables businesses to harness and use state-of-the-art machine learning from the source that stores their data.
Kumo.AI Pricing and Plans
Kumo.AI currently doesn’t disclose its pricing information on its website, but you can always request a demo through an online form on its website. Required information includes your name, company name, job title, country, number of employees, and targeted use cases. You can also include a custom message to request pricing or other information.
You can get customized quotes based on your exact business needs. After the demo, you get the links and slides to the resources available in the demo.
Kumo.AI Terms and Policies
To use Kumo AI, you must be over 18 and agree to comply with the company’s privacy policy. This policy guides how the company collects, uses, and discloses your personal information when you use the app or website. It tells you about how the law protects you and your privacy rights.
Kumo collects personal information upon signing in to their services, and the company may process the information based on how you interact with the services. However, they do not process sensitive information or receive information from third parties.
Kumo’s services may contain links to third-party services or websites it doesn’t own or control. Therefore, they shall not be accountable or liable for losses relating to these third-party parties. It’s advisable to read the terms and conditions for any service or third-party websites.
The company may terminate your access to the service without liability or prior notice for specific reasons. This includes breach of the terms and conditions. You also lose your rights to use the services.
Customer Support
Kumo AI has a responsive support team willing to help you with any questions or challenges. You can send a ticket from the website to contact the support team. Information necessary to complete this process includes your email address, full name, job title, company name, and region. Then, you’ll include a custom message to indicate your exact challenge or question.
After submitting the form, you will receive an email through the address you fill in. You can also subscribe to Kumo AI’s newsletter for information and updates on their product and services. You can also reach out to the company through their social media handles below:
Conclusion
Kumo.AI promises to quickly deliver predictions that can help you improve your business operations. This can drive your team to proactively focus on choosing the future your business desires. With their cutting-edge AI and integrations, they strive to be the answer to your predictive analysis challenges. Would you be giving this tool a trial? Share your thoughts with TechWriteable through any of our social media handles.
Contributors: Roseline Sea-Nduka (Writer), Eyimofe Adewole (Graphics Designer)
