iCAST Systems

What iCAST Systems does

iCAST Systems (legally iCAST Analytics) is a private US enterprise software company founded in 2012 that builds an AI/ML-infused analytics and compliance platform for regulated industries. Its product suite spans a core analytics engine (iCAST Analytics, Dashboards, IIX data virtualization, Symphony, IEP event processing, BPM, Risk Management), industry-specific compliance modules (Basel II/III, IFRS, MiFID, SOX, XBRL Risk Analytics), insurance solutions (IRIS reinsurance system, IBNR, anomaly detection), and healthcare modules (Digital Radiology IOG, Digital Pathology, EHR). The platform is differentiated by domain-specific semantic data modeling that creates a 'golden copy' of enterprise data benchmarked against international standards (SCOR, APQC, HL7, FDA Orange Books), with pre-built content areas covering 1,000+ KPIs. Its Digital Radiology IOG platform holds ISO 13485 certification, CE Mark Class IIb, and HIPAA compatibility, with FDA 510(k) preparation underway.

iCAST serves enterprise customers in BFSI, insurance, healthcare, manufacturing, and life sciences through a direct enterprise field-sales model emphasizing domain-expert engagement and consultative implementation. Revenue is generated through enterprise software licensing (subscription/recurring) plus implementation and professional services on a quote-based pricing structure with no publicly disclosed price points. Named clinical partners include Karolinska University Hospital, AZ Groeninge, Diagnose.me, Al-Attar, ENERI/Clinica La Sagrada Familia, and SPIR; named named BFSI or manufacturing customers are not publicly disclosed. The company is headquartered in Santa Clara, California, with an additional US office in Great Neck, New York, and an engineering and operations center in Hyderabad, India.

The company operates as an independent, privately held entity with no disclosed parent company, institutional investors, or acquisition activity. Ownership, cap-table, funding history, and revenue figures are not publicly disclosed. Operating geographies disclosed are North America (USA) and India, although clinical partnerships and CE Mark commercialization suggest broader reach across Europe, the Middle East, and Latin America.

Name

iCAST Systems

Legal name

iCAST Analytics

Website

https://icastbi.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

iCAST Systems is a private US enterprise software firm founded in 2012 that builds an AI/ML-infused analytics and compliance platform for BFSI, insurance, healthcare, manufacturing, and life sciences customers, with ISO 13485- and CE-marked Digital Radiology modules.

Ownership category

akta.pro rank

Product category

Enterprise Analytics and Compliance Software

NAICS

Software Publishers (5132), Software Publishers (51321), Software Publishers (513210), Computer Systems Design Services (541512), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)

akta.pro secondary industries

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA), IT Risk Management (ITRM) (HDADAIAD), OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB)

Keywords

• Enterprise business intelligence
• XBRL compliance reporting
• Regulatory risk analytics
• Digital radiology software
• Reinsurance decision systems

Headquarters

HQ city

Great Neck

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Enterprise Software Licensing: Product development company offering enterprise software solutions with implementation services. Solutions appear to be sold as licensed software with professional services for implementation across multiple industries including BFSI, Healthcare, and Manufacturing.
2. Implementation and Professional Services: Domain expert-led implementation services to deploy iCAST solutions across enterprise environments, with shorter implementation cycles and quick benefits realization.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

iCAST Systems builds and sells enterprise analytics, compliance, and risk management software for regulated industries. Its platform integrates data virtualization (IIX), AI/ML-driven analytics, XBRL-based regulatory reporting, event processing, BPM, and pre-built industry content for banking, insurance, healthcare, manufacturing, and life sciences clients. The company delivers its products through licensed enterprise software coupled with implementation and domain expert-led professional services.

Product overview

iCAST is a product development company offering a comprehensive suite of enterprise software products across multiple domains. The portfolio includes core platform products (iCAST Analytics, Dashboards, IIX Data Integration, Symphony, IEP Event Processing, BPM, and Risk Management) combined with industry-specific solutions for BFSI (Compliance Reporting, XBRL Risk Analytics, Basel II, IFRS, MiFID, SOX), Insurance (Reinsurance System IRIS, IBNR, Claims Management, Anomaly Detection, Branch Performance), Healthcare (Digital Pathology, Digital Radiology, EHR), Life Sciences, and Engineering & Manufacturing sectors. The architecture enables data integration through IIX, AI/ML-powered analytics through XBRL Risk Analytics, and compliance reporting with XBRL Engine across all modules.

Differentiator

Problem solved

Functional benefit

Brands

• iCAST Dashboards: Sophisticated dashboards providing Big Data-powered pattern and trend analysis on the fly, with advanced visualization and self-service capacity.
• iCAST Compliance Reporting
• iCAST Analytics
• IIX (iCAST Information Exchange)
• iCAST Symphony
• IEP (iCAST Event Processing)
• Digital Health
• iCAST XBRL Risk Analytics
• iCAST IRIS (Reinsurance System)

Products and services

• iCAST Dashboards

Quantifiable outcome

• 1000+ KPIs and metrics benchmarked against international standards available in pre-built content areas
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Karolinska University HospitalcoreStrategic or Co-development PartnerClinical partner in Stockholm, Sweden using iCAST digital radiology platform for global image access and clinical collaboration. The partnership enables remote diagnostics and medical expertise sharing across institutional boundaries.
• AZ GroeningecoreStrategic or Co-development PartnerClinical partner in Kortrijk, Belgium using iCAST digital radiology platform for imaging network collaboration and diagnostic quality image access.
• Diagnose.mecoreStrategic or Co-development PartnerPartner in The Netherlands providing global network for remote medical case access and clinical collaboration through iCAST imaging platform.
• Al-AttarcoreStrategic or Co-development PartnerClinical partner in Doha, Qatar using iCAST digital radiology platform for diagnostic imaging collaboration and remote medical consultations.
• Society for Pediatric Interventional RadiologyminorStrategic or Co-development PartnerProfessional society partner in London, UK for pediatric radiology collaboration and knowledge sharing through iCAST imaging platform.
• Ericsson e/m-Health partnersminorStrategic or Co-development PartnerTechnology partnership in Sweden for e/m-Health initiatives integrating iCAST digital health solutions with Ericsson healthcare technology ecosystem.
• ENERI & Clinica La Sagrada FamiliacoreStrategic or Co-development PartnerClinical partner in Buenos Aires, Argentina using iCAST digital radiology platform for medical imaging collaboration and diagnostic services.

Scale indicators4 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Workiva: Cloud platform for XBRL-enabled SEC reporting, SOX, and regulatory compliance — competes head-on with iCAST Compliance Reporting and XBRL Engine, especially in the US public-company SOX/financial-reporting market.
• Informatica: Data integration, data virtualization, and master data management vendor with a semantic data layer — directly overlaps with iCAST's IIX (Information Exchange) data virtualization and integration capabilities and competes for the same enterprise data fabric RFPs.
• Qlik: BI and analytics platform with associative data engine and self-service dashboards — directly competes with iCAST Dashboards and iCAST Analytics for enterprise BI deployments and shared data visualization use cases.
• Tibco Software: Provides enterprise analytics, event processing, and data virtualization — overlaps directly with iCAST's IEP (Intelligent Event Processing) and IIX (Information Exchange) product lines for real-time analytics use cases.
• Wolters Kluwer Governance, Risk & Compliance: Provides regulatory compliance, XBRL reporting, and risk management solutions for banks and insurers (e.g., OneSumX for Basel, IFRS, Solvency II) — most direct competitor to iCAST's XBRL Risk Analytics and Basel/SOX/IFRS/MiFID compliance modules.

Emerging players

• EXL Service: Analytics and digital solutions provider for insurance (claims, IBNR, underwriting) and BFSI — competes with iCAST's insurance analytics, IBNR, anomaly detection, and reinsurance product lines in similar enterprise insurance customers.
• Veeva Systems: Vertical SaaS for life sciences and pharma with commercial analytics, prescriber insights, and quality/compliance — overlaps with iCAST's Life Sciences analytics, customer insights, and FDA compliance modules but is much larger and more entrenched.

Broad incumbents

• Palantir Technologies: Enterprise data analytics and AI platform (Foundry/Gotham) targeting regulated industries including BFSI and healthcare — competes with iCAST on the semantic data integration and AI/ML decision intelligence layer, especially for enterprise and government clients.
• Epic Systems: Dominant US EHR and health informatics platform used by large hospitals — competes with iCAST's EHR, Digital Radiology, and Digital Pathology offerings in the healthcare provider market where Epic's incumbency is a major barrier.
• SAS Institute: Global analytics and AI platform vendor serving banking, insurance, healthcare, and manufacturing with risk analytics, fraud detection, and BI capabilities — overlapping with iCAST's analytics and risk management suite but at vastly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iCAST Systems