A statement from the company said it used data from millions of public datasets to detect the first signs of high-impact events and emerging risks to general real-time alerts.
As an example of use in Australia, Dataminr's alerts could be used in the event of bushfires to help first-responders, regional businesses and media outlets to inform and protect residents, homes and businesses.
Dataminr’s senior vice-president of Sales for EMEA & APAC, Jonathan Barrett, said: “Our expansion into Australia is a key pillar of our APAC strategy. We aim to serve a wide range of businesses so that they can mobilise more quickly and effectively amid an increasingly fast-paced and dynamic risk landscape.”
"Australia suffers the burden of distance, and Dataminr can inform clients of regional issues quickly, benefitting our mining industry, transport and logistics companies, and emergency services.”
As to why the company had chosen to set up its ANZ headquarters in Melbourne, Moynihan said: “We are proud to work with Invest Victoria on our market entry, due to the growth of the state’s tech sector and a strong pool of talent in Melbourne – a city that ranked 11th among 2ThinkNow Most Innovative Cities.
"In addition to providing Dataminr with access to high the highest calibre regional sales talent, our new APAC HQ opens up access to new pools of Engineering, AI and Domain Expert talent, as well as new pathways for collaboration with local tech & AI communities.”
Victoria's Economic Development Minister Tim Pallas said: “The Victorian Government is actively seeking to attract international investment in tech that builds our capabilities, supports long-term economic prosperity and creates jobs. Victoria’s thriving tech sector makes Melbourne a natural place for Dataminr’s Asia Pacific headquarters.”
Update: A Dataminr spokesperson said the company used data from thousands of public datasets, and its earlier reference to millions was a mistake.