28th Jun 2016 10:59
LONDON (Alliance News) - Fusionex International PLC on Tuesday announced the soft launch of its Fusionex GIANT 2016 platform, the upgraded version of its GIANT Big Data analytics product.
The Asia-focused software provider said the new software compiles and consolidates comprehensive real-time data in a centralised location for easy access and monitoring, and will enable businesses to leverage organisational data to make better informed decisions, exploit opportunities and mitigate risks.
The platform is able to connect directly to any data source, including local files, databases, social media channels and third-party applications, and then uses natural language processing capabilities which results in users being able to ask questions and receive instant responses and insights without any programming skills required, Fusionex said.
Fusionex said it expects the new software to open up new addressable markets and expand the reach of its offerings.
"Fusionex GIANT 2016 presents a new frontier in Big Data analytics, combining artificial intelligence, cognitive computing and deep learning. By leveraging this state-of-the-art technology, we can help organisations and people address the many challenges faced, while augmenting and supporting their ability to make well-informed decisions," said Chief Executive Ivan Teh.
"We are already seeing considerable demand from potential customers, both big and small, for our new platform, underpinning our confidence in the significant growth opportunity Fusionex GIANT 2016 represents for the group," Teh added.
Shares in Fusionex were up 5.1% at 135.03 pence on Tuesday.
By Hannah Boland; [email protected]; @Hannaheboland
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