TAKE Solutions ventures into US big data market

Chennai, July 27 (IANS) Consulting and enterprise solutions company TAKE Solutions Ltd on Monday said it is foraying into the US big data market for life sciences with a wholly-owned subsidiary, Intelent.

In a statement the company said it has floated the subsidiary with an outlay of $3 million.

Intelent aims to address the S300 billion healthcare and life sciences market by providing clients offerings in the areas of data integration and advanced analytics.

Noting the exponential growth in data volume and variety, and shortening of technology lifecycles, TAKE Solutions has set up Intelent to address the challenge of harnessing data from multiple streams to create a competitive advantage for its clients.

“There has been a growing importance of mining actionable insights from big data for strategic decision making in the life sciences space. This investment goes into areas of analytical data aggregation, mining and visualisation,” Srinivasan H.R., vice chairman and managing director said in the statement.

“Insights and intelligence derived from fast-moving data sets can help inform strategy decisions, spur innovation, inspire new products, enhance customer relationships and bolster operations.”

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here