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Hound, a  powerful and intelligent software suite that provided superior solutions for Data Wrangling, Analytics, Machine Learning and Automated Workflow. Scalable, reliable, and smart. Schedule a presentation today!

Hound Software Predicts Bogus Vendors, Unusual Businesses and Suspicious Importer Behavior

This article (in Spanish) mentions the La Nacion article and does identify where Hound’s predictive analytics is used. In particular: bogus vendors, unusual corporate businesses/behavior and suspicious importer behavior.

http://centralamericadata.us2.list-manage.com/track/click?u=4ef00faac80ef7aee4649e335&id=e05f3995cb&e=9662c6d57f

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Hound Software uses and cross references disparate databases

With regard to the article in La Nacion (previous post), it is of interest that much of the predictive work involves cross-referencing various disparate databases across the government’s various departments. This is key for governments everywhere, as oftentimes data is not centralized, which allows for structural loopholes resulting from departments not knowing what other government agencies know.

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Hound Software used by Costa Rican Government

Per our previous posts, our partners do service the Costa Rican government with Hound Software. We have a few new articles that mention the use of big data (by reference Hound) for the Costa Rican government. La Nacion, the largest newspaper in Costa Rica, published the below recently. The article is in Spanish but many browsers, including Google Chrome, often translate.

http://www.nacion.com/economia/finanzas/Tributacion-buscar-pedir-cuentas-evasores_0_1597040303.html

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Colorado Springs Company with Costa Rican partner Takes on Sea of Data

The Colorado Springs Gazette did a nice piece on Hound & F3TCH. We were on the cover of the business section on Sunday, November 6th, 2016. Here is the link:

http://gazette.com/colorado-springs-company-with-costa-rican-partner-takes-on-sea-of-data/article/1589502

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The Big Deal with Big Data (link from MIT Technology Review)

Interesting article in the MIT Technology Review on an MIT course on Big Data. A particular paragraph really drives home the reason Hound Software is part of a growing trend. “By 2020, each of the 7.7 billion people in the world is expected to produce 1.7 megabytes of new information every second of every day, and currently only 0.5 percent of all data is ever analyzed and used, according to research firm IDC.” Hound helps companies utilize more of the data in an intelligent manner.

https://www.technologyreview.com/s/602156/the-big-deal-with-big-data-isnt-just-the-data/

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Hound Software detects fraudulent payments to almost 3,000 non-existing vendors for the Social Security agency of Costa Rica.

Hound Software’s detection of almost 3,000 fraudulent vendors has helped the agency collect almost CRC 18,700,000,000 ($34,000,000 USD) in taxes according to La Nacion. These vendors were found to be minors or deceased individuals.

 

http://www.nacion.com/m/economia/finanzas/Hacienda-fallecidos-menores-proveedores-empresas_0_1579842058.html

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Hound Software increases collection of revenue for the Social Security Administration of Costa Rica, or CCSS, by 56 million in 2015.

According to the Costa Rican government, in 2015, the Social Security Administration of Costa Rica, or CCSS, has increased their successful collection of non-payment/ delinquent accounts by 11% from 2014. This is a total of CRC 31 billion in additional revenue ($56 million USD). In addition, Hound performed a number of communications processes including over 174,000 calls.

 

http://presidencia.go.cr/prensa/comunicados/ccss-recupero-%C2%A2311-mil-millones-de-patronos-morosos-en-el-2015/

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Hound Software increases “on time payments” at Costa Rica’s Social Security Administration by 8% in 2015.

Hound Software has been installed in the Costa Rican Social Security administration or CCSS, since February 2014. For the full fiscal year of 2015, the CCSS has seen an increase of 8% in “timely payments” to the government.

http://www.elfinancierocr.com/tecnologia/CCSS-Grupo_Mutual-Kinetos-CESA_0_725327484.html

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Twilio IPO!

We were excited to see the success of Twilio’s IPO last week. Hound Software has its own communications algorithm and code, but unlike Twilio, Hound also has an intelligent system that can make decisions and communicate as required based on responses, or events. Additionally, we are selling the product to end users, not to other developers, and believe this to be a more profitable approach. If anyone missed the news on Twilio, here is a good article from the Wall Street Journal: http://www.wsj.com/articles/twilio-shares-surge-in-trading-debut-1466692473

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Predicting Churn?

Hound’s algorithm/ big data/ machine learning module is powerful. For example, Hound can predict, “churn” and we will be posting a new video on this on the Hound website, both of which should be available soon. What does predicting churn mean? Hound can predict which customer may leave a service with enough time to allow a client company to take action to try and retain that customer. From the Wall Street Journal: http://www.wsj.com/articles/whats-next-for-artificial-intelligence-1465827619

 

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