Press release from Business Wire India
Source: LatentView
Monday, July 15, 2013 05:25 PM IST (11:55 AM GMT)
Editors: General: People; Business: Business services, Information technology, Media & entertainment; Technology
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LatentView Strengthens India Foothold
Launches Analytics Center of Excellence & plans to increase headcount

Chennai, Tamil Nadu, India, Monday, July 15, 2013 — (Business Wire India) — LatentView, a pure-play business analytics solutions provider today announced its plans to strengthen its presence in India by ramping up operations and inaugurating its ‘Analytics Center of Excellence’. The 50,000 sq. ft center, called ‘Gravity’, will be the primary office for LatentView’s global operations.

Ranked as India’s 12th fastest growing ‘Technology Company in Deloitte Fast 50 India , 2012′, LatentView plans to increase its current headcount to 500 people in FY 2013-14. This Analytics Center of Excellence in Chennai, located in Ramanujan IT city, Old Mahabalipuram Road, is a premium facility providing the most needed ‘work and play’ situation for employees. Offering high-quality infrastructure combined with extensive amenities for work, recreational facilities and everyday activities, LatentView’s move into the SEZ secures a stronger foothold on this fast evolving market.

Venkat Viswanathan, Founder & CEO, LatentView said “We are constantly being bombarded with data from all directions. Today it is said that approximately 2.5 billion GB of data is generated every day. Indian data industry is expected to grow to USD 1 billion in 2015, from approximately USD 200 million in 2012. This has paved way for niche analytics services.”

Highlighting the expansion, Venkat added “To meet the demands of the growing market, we found the right talent in India, with an optimal blend of business, data and math skills which is instrumental in our growth. The availability of talent and the increasing demand is a clear indicator to the market readiness to embark on analytics for making the right business decisions.”

LatentView founded in 2006, offers niche result-oriented analytics solutions to consumer intensive businesses in insurance, technology and retail industries. The company utilizes a comprehensive approach built around a set of processes that apply investigative analytics, systems engineering, business process optimization and other scientific techniques to ensure that the desired result is achieved.

About LatentView

LatentView provides business analytics services focusing on data analysis and modeling that help with decisions around marketing, risk and customer management for consumer intensive businesses. LatentView effectively blends business knowledge, expertise in quantitative methods, and data management to derive actionable insights for effective decisions. Please visit: www.latentview.com

CONTACT DETAILS
Melissa Thermidor, LatentView Analytics, melissa.thermidor@latentview.com

KEYWORDS
PEOPLE, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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