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Faraday

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Last updated on

Company health

Employee growth
9% increase in the last year
Web traffic
48% decrease in the last quarter
Financing
March 2022 - $11M

Ratings

G2
3.4/5
(14)
Glassdoor
3.4/5
(16)

Faraday description

Faraday is a predictive analytics platform designed to help businesses understand and anticipate customer behavior. Using machine learning, it analyzes customer data to predict actions like purchases, unsubscribes, or engagement with marketing campaigns. The platform offers pre-built prediction models, data integrations, and a user-friendly interface that doesn't require coding experience. This allows marketers to easily access and use predictions within their existing workflows and marketing tools, enabling them to target customers more effectively and personalize their experiences.


Who is Faraday best for

Faraday is a predictive analytics platform designed to help businesses anticipate customer behavior. Using machine learning, Faraday analyzes customer data to predict actions like purchases and engagement with marketing campaigns. This allows marketers to target customers more effectively and personalize their experiences. Faraday is best suited for medium to large businesses with existing data sources and marketing tools.

  • Best for medium to large businesses (101-1000+ employees) seeking advanced marketing analytics.

  • Ideal for data-driven marketing teams in finance, retail, and e-commerce.


Faraday features

Type in the name of the feature or in your own words tell us what you need
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Faraday supports cluster analysis using k-means clustering for customer persona identification.

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Faraday supports building and deploying predictive models without coding.

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Faraday uses real-time data and AI to predict risks and opportunities, enabling real-time recommendations.

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Faraday allows building predictive models to anticipate customer behavior like buying or churning.

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Faraday offers data integration, segmentation, and personalized experiences based on predictive analytics.

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Faraday supports data blending by integrating data from multiple sources like CSV files, databases, and cloud buckets.


Faraday alternatives

  • Logo of Whistleblower Software
    Whistleblower Software
    Better for compliance and whistleblowing processes. Focuses on secure reporting and communication for ethical concerns, unlike Faraday's predictive marketing analytics. More user-friendly with excellent customer support. Higher ratings and positive user reviews.
    Read more
  • Logo of Forwrd
    Forwrd
    More geared towards sales and marketing teams seeking AI-powered lead scoring and sales forecasting. A Faraday alternative focused on preventing customer churn and driving sales. Forwrd has better user ratings and more positive user reviews. It is growing slower than Faraday.
    Read more
  • Logo of Fuel CMS
    Fuel CMS
    Better for creating professional-looking websites. Open-source and customizable, preferred by developers. Easier to use for content editors, though installation can be challenging for non-technical users. Offers multi-language support. A Faraday competitor and alternative.
    Read more
  • Logo of WASK
    WASK
    Better for managing paid advertising campaigns across multiple platforms. Focuses on campaign creation, launch, analysis, and optimization of ad spending. Caters to businesses of all sizes seeking streamlined digital advertising solutions, especially those without extensive technical expertise. Higher ratings.
    Read more
  • Logo of BEWE
    BEWE
    Better for appointment scheduling and business management in wellness, beauty, and health. Higher ratings on Capterra. More suitable for small to medium businesses in specific niches like retail, wellness, media, and consumer goods. A Faraday competitor focused on simplifying business operations.
    Read more
  • Logo of Jasper PIM
    Jasper PIM
    More focused on product information management for ecommerce and retail. A Jasper PIM alternative for predictive analytics and customer behavior analysis.
    Read more

Faraday FAQ

  • What is Faraday and what does Faraday do?

    Faraday is a predictive analytics platform using machine learning to forecast customer behavior, such as purchases and engagement. It offers pre-built models, data integrations, and a no-code interface, enabling marketers to personalize customer experiences and target them effectively.

  • How does Faraday integrate with other tools?

    Faraday integrates with various data sources, including CSV files, databases, and cloud buckets, enabling data blending for comprehensive analysis. It connects with existing marketing tools to streamline workflows and activate predictions directly within those tools.

  • What the main competitors of Faraday?

    Alternatives to Faraday include Forwrd, which offers similar predictive sales analytics, and other AI-driven marketing platforms. While Faraday emphasizes predictive modeling for customer behavior, competitors like Forwrd concentrate on lead prioritization and sales optimization.

  • Is Faraday legit?

    Faraday is a legitimate predictive analytics platform. It helps businesses anticipate customer behavior using machine learning. With positive website traffic growth and a user-friendly interface, Faraday is safe for those seeking enhanced marketing optimization.

  • How much does Faraday cost?

    I couldn't find pricing details for Faraday. For the most current pricing information, it's best to check their website directly or contact their sales team.

  • Is Faraday customer service good?

    Faraday's customer service is highly regarded by users, who praise the team's responsiveness and helpfulness, particularly with custom requests and prompt follow-ups. Users appreciate the support they receive for navigating the platform and addressing any issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.