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Launch of Fusionex GIANT 2016

28th Jun 2016 07:00

RNS Number : 4461C
Fusionex International PLC
28 June 2016
 

For immediate release

 

 

28 June 2016

 

 

Fusionex International plc

("Fusionex" or "the Company" or "the Group")

 

Launch of Fusionex GIANT 2016

 

Fusionex, an award-winning and market-leading international provider of software specialising in Analytics, Big Data and the Internet of Things, is pleased to announce the soft launch of Fusionex GIANT 2016, a significantly upgraded version of its award-winning Big Data Analytics ("BDA") GIANT platform.

The Group believes that Fusionex GIANT 2016 is the most complete BDA software launched in its space to date. It has a number of cutting-edge and attractive new features which will enable businesses to leverage organisational data to make better informed decisions, exploit opportunities and mitigate risks. Working as an end-to-end BDA solution, it compiles and consolidates comprehensive real-time data in a centralised location for easy access and monitoring. The platform is able to connect directly to any data source, including local files, databases, social media channels and third-party applications. It then uses natural language processing capabilities to humanise data discovery by allowing users to simply ask questions, analogous to a search engine, resulting in instant responses and insights without any programming skills required. Fusionex GIANT 2016 also empowers data scientists to perform advanced predictive analysis to uncover hidden information in data.

GIANT 2016 is envisaged to open up new addressable markets for Fusionex, substantially expanding the potential reach for its offerings, and representing a key milestone in the Company's strategy to accelerate growth considerably over the next few years.

Ivan Teh, Fusionex Chief Executive Officer, commented:

"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. The Fusionex team has worked tirelessly to make this a reality and I'm truly excited to present Fusionex GIANT 2016 to the world.

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."

For further details:

 

Fusionex

Ivan Teh, Chief Executive Officer

Yuen Choong Lai, Chief Financial Officer

Darren Hopkins, Director of Investor Relations & Corporate Development

 

Through Buchanan

 

Panmure Gordon

Fred Walsh, Alina Vaskina (Investment Banking)

Erik Anderson, Charles Leigh-Pemberton (Corporate Broking)

020 7886 2500

RBC Capital Markets

020 7653 4000

Pierre Schreuder or Ema Jakasovic

 

Buchanan

Sophie McNulty, Steph Watson, Patrick Hanrahan

www.buchanan.uk.com

020 7466 5000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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