RNS Number : 9495W
Trendit Limited
03 May 2016
03 May 2016
Trendit Limited
("Trendit" or "the Company")
Resignation of Broker
Trendit Ltd (TRIT), the provider of cutting-edge technology for real-time monitoring of population
movement, trend analytics, and crowd behaviour, announces that Peterhouse Corporate Finance has resigned as the Company's broker.
The Company will inform the market when a new broker is appointed.
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For more information:
Yellow Jersey (Financial PR)
Charles Goodwin
Alistair Kare-Silver
|
+44 7747 788 221
+44 7825 916 715
|
About Trendit:
Trendit provides cutting-edge technology for real-time monitoring of population movement,
trend analytics, and crowd behaviour. Trendit's technology has the ability to analyse data collected from as little as a
single data source, and merge individual network events together with geographical information that create "population clouds,"
which analyse and predict trends.
The Company is seeking to become a global player within the Big Data Analytics space and
believes it is well placed to capture significant market share in what is a multi-billion dollar industry.
The Company's Technology:
Trendit's technology has the ability to analyse data collected from as little as a single data
source, and merge individual network events together with geographical information that create "population clouds," which analyse
and predict trends.
The single data source, able to sample as little as only 15% of the population (e.g. cellular
operator with only 15% market share) in a specific geographic area, can provide sufficient information for representing crowd
behaviour of an entire population with about 85% accuracy, calculating how many people are located in a given area and groups
people by various segments (social economic, place of origin, etc.).
The heart of the Trendit technology is the "Trend Engine." Divided into several modules it is
responsible for processing the incoming data streams, calculating the incoming data, providing a depiction of the data in
real-world terms and providing an estimation of the population based on the analysis.
Further information on the Group is available at:
http://www.trendit.net/#/home/home
This information is provided by RNS
The company news service from the London Stock Exchange
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