CloudXtract is a Cloud based Big Data Analytics platform with built-in AI for Small & Medium Sized Enterprizes delivered as SaaS - 100% Scalable for Global Markets. Find out more about our latest financial information, upcoming events and other key dates, plus archived announcements, presentations and podcasts.

Our global scope is via an indirect distribution model utilizing online deployment tools via Channel Partners. This is a completely scalable approach targeting global markets. Our commitment is to help Small & Medium Sized Enterprises (SMEs), to start smart by starting small, delivering actionable insight from the data they already have.  We aim to guide companies through their big data journey scaling from small data, to complete big data empowerment.  This first step will help build the foundations to enable fully automated business decisions, real time predictions aided by artificial intelligence. Our current stakeholders include engagements from Xplorico, Microsoft, Inventum, NeXu/Suria Labs, Datameer & Appdirect

Business Idea

Democratize Artificial Intelligence. Providing general capacity of insight and AI to small & medium sized businesses, utilizing scalable Big Data technologies and deliver by subscription.

Government Grants

Gjøvik Region Development (Municipalities of Gjøvik + 5  co-funding project), The Research Council of Norway. In progress: Innovation Norway, SINTEF, EU Horizon 2020.

Private Funding

Inventum is the largest investor with equity, human resources and office/datacenter infrastructure at Gjøvik and in Oslo. Microsoft has co-funded the Norwegian go-to-market campaign in 2 rounds. NeXu/Surialabs in Kuala Lumpur, Malaysia has invested development resources related to IP. Xplorico has provided investment in the form of Management Consulting. Extended private equity funding round expects to start primo 2018. We are soft-launching venture capital negotiations at Web-Summit. in Lisboa, Portugal November 6th, 2017.

Value Chain & R&D Partners

Appdirect, Dataiku, Datameer, Microsoft, Inventum, NTNU, BI Norwegian Business School, CCIS - Center for Cyber Information & Security, The National University of Malaysia - UKM. 

Upcoming Events
Websummit Lisbon, 6th-9th November 2017
MeetUp Pier-X Venture Hub, 14th November, Aker Brygge, Oslo (Fully Booked)
Oslo Big Data Data "Public Issue", 23rd January, Latter, Oslo

Project Status

IP Platform currently running in Beta with live installations as paid Proof-Of-Concepts.  Automated marketplace integrations completed for deployment and payments with Nordic reseller negotiations at LOI stage.  Go-to-Market plan piloting in Norway managed by Brightvision (Sweden), co-funded with Microsoft Norway in preparation for Nordic launch.

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Contact Investor Relations
Rune Elvrum: T. +47 9262 9080, rune.elvrum@cloudxtract.com 

David Holm: T. +47 982 98 129, david@cloudxtract.com