{privatescope} GmbH
Problem: A huge amount of digital data is off little use: it is on outdated systems or is not in a quality that can be used. Data warehouse approaches and ETL (Extract-Transform-Load) are usually unsuitable as a solution, especially for smaller companies: too expensive, too complex, too complicated. This forces companies to solve the problem manually through programming, which is costly and inefficient.
Solution: We develope openTurtle metadata and SPICE microtubes.
Our software reads data from any source and creates value directly at data’s origin. Our technology has several advantages over ETL/ELT solutions:
We let machines „talk“ to each other and save on staff, storage, energy and time.
Customer benefits: Up to 65% cost-saving. No need for expensive data duplication or ETL/ELT.
Minimal personal resources are necessary. Fast ROI and moderate Cost2Connect. Ideal for recurring tasks. Transparent plans. Written in C++, software fits in any environment. It’s sustainable.
Made in Germany, it represents a new quality of German engineering.
Business: Our business model is based on recurring revenue: basic editions or individual products are licensed on an annual basis. Sales are made online and through partner channels.
Vision: {privatescope} becomes a leading provider in the EU: openTurtle metadata and SPICE microtubes will become the standard technology to use across industries and countries. SMEs in the EU will discover new opportunities of data usage.
Status: The first big customer from the logistics industry: data migration, merging and data provision for machine learning.{privatescope} is looking for capital to implement further customer requests
and to finance further development. {privatescope} is BAFA / INVEST - eligible.