Celebrating Small Biz: Coldlight Solutions, LLC

 The 27th Annual Excellence Awards: Honoring the Region’s Small Businesses are coming up on November 5! Small businesses and small business owners are the backbone of the Greater Philadelphia business community (and make up about 85% of our membership), which is why we think it’s important to recognize some of our region’s most successful small businesses for their innovation, diversity, perseverance and entrepreneurial spirit. Each one of this year’s 11 winners has a great story to tell, and so we are profiling each of our honorees leading up to the awards. Continuing with our countdown is Coldlight Solutions, LLC, 2010 award for Technological Excellence of the Year.

Award Category: Technological Excellence of the Year
Winner: Coldlight Solutions, LLC
Recipient: Ryan Caplan,
President & CEO

Ryan Caplan has always had a passion for technology, writing his first computer programs at the age of eight on an Apple II. His lifelong passion for technology, entrepreneurship and helping businesses find creative strategies to achieve their goals inspired him to found ColdLight.

Businesses today are inundated with more data than they can handle. With the volume of that data growing exponentially, ColdLight’s smart software, Neuron™, empowers their clients to make smarter, faster decisions. The easy-to-use software helps their clients quickly identify hidden patterns locked inside existing data. These patterns hold the keys to making more effective business decisions and gaining a competitive edge.

The Neuron engine uses advanced technology to automate the work of hundreds of expert analysts simultaneously, studying complex data and offering predictive insights. Neuron finally makes it possible for businesses of all sizes to employ predictive analytics in everyday decision-making, with the intelligence engine providing key insights and recommendations for action. Most importantly, business people can benefit directly from the power of predictive analytics without needing an advanced degree in statistics or mathematics.

ColdLight brings real-time predictive power to some of the largest companies in the world and has a rapidly growing customer base including leading service companies, major university hospitals, energy platforms, pharmaceutical companies, and consumer goods manufacturers.

Neuron is helping businesses take the perfect action at the perfect time to get and keep customers. By automatically identifying those customers most likely to defect and the optimal actions and tactics that are most effective in preventing the customer from leaving, Neuron is helping businesses become more proactive and effective at keeping their most profitable customers, even in the toughest economic environments. Neuron’s automated real-time predictions result in real time increases in revenue and profit.