ASHBURN, Va., July 20, 2022 /PRNewswire/ — Anodot, the business monitoring company, today announced that the United States Patent and Trademark Office has granted the company a patent for a new algorithm that vastly improves the speed and reduces the computational cost of its anomaly detection offering. The algorithm boosts the industry-leading (seasonal) ARIMA model for estimating anomalies in time series data, reducing runtime by 99.98% and slashing the expense of running the model by up to 80%, enabling Anodot to better protect its customers’ bottom lines.

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