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12.30.16

Agylytyx Plans a Subscription Service for Analyzing the Financial Performance of Public Companies

Sunnyvale, CA – December 30, 2016 – Agylytyx announced that it would launch its first publicly available subscription service in 2017. The service, currently called by its codename, Project Decoder Ring, will enable users to analyze publicly available financial data about major corporations. While the data itself is publicly available, the proprietary “Construct Library” approach which the Agylytyx Generator employs will enable users to choose views and to generate reports using those views.

Agylytyx said it planned to update data each quarter for each company. Project Decoder Ring plans to start with a single company to build its proof of concept, but management stated that they should be able to automate the process and build data for every public company. The company said it considered many other subscription models given the broad applicability of the Agylytyx Generator. Those applications ranged from polling data to fantasy sports data.

“The Construct Library and formula expression parser approach we use does make our application broadly applicable” said Rahul Argade, the company’s CTO. Argade continued: “in the end, we decided to apply our engine toward an application we know our customer base will appreciate. Our Construct Library has always specialized in analytics for corporate finance. What we learned working through long range planning will help shareholders and equity analysts evaluate corporate performance and competitive position against key benchmarks.” As of yet, Agylytyx has not disclosed pricing options for Project Decoder Ring.

About Agylytyx
Agylytyx provides cloud-based enterprise business analytic software. The company's flagship product, the Agylytyx Generator, frees up analyst time and results in better decision making across corporations. Agylytyx is based in Sunnyvale, California, and has locations in Philadelphia and Washington D.C. For more information about Agylytyx visit www.agylytyx.com.

Contact
Scott Gripenstraw
scott@agylytyx.com
(408) 498-5840


 

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