LatentView Announces Expansion Plans in India
Leading Data Analytics Player Opens 40,000 Sq. Ft. Office Space; Looks to Hire 500 People by 2014.
- (1888PressRelease) July 16, 2013 - Chennai, India: LatentView, a leading predictive analytics and decision management services firm, today announced its plans to grow its presence in India by ramping up operations and inaugurating its new 40,000 sq. ft. office. The new space, named 'Gravity', is situated in the only Special Economic Zone within city limits in Chennai, India, the headquarters of LatentView's global operations.
LatentView also plans to hire 500 additional people by 2014. Currently, the company employs 250 people. The new office will offer state-of-the-art infrastructure combined with extensive amenities for work, recreational facilities and everyday activities.
Venkat Viswanathan, Founder & CEO of LatentView, says, "We are witnessing an increased demand for niche analytics services, due to the data explosion. To meet this rising demand, we found the right talent in India, blending business, data and math skills. This, in turn, has been instrumental to our company's growth." He adds, "According to IDC, the global big data market is likely to reach USD 153.1 million in 2014, so we are confident that our expansion plans are in line with where the market is headed."
LatentView was founded in 2006 by Venkat Viswanathan, Pramad Jandhyala and Ramesh Hariharan, when they realized there was significant potential for data analytics providers in India. The company offers niche results-oriented analytics solutions to consumer intensive businesses in insurance, banking 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
Media Contacts:
Melissa Thermidor
melissa.thermidor ( @ ) latentview dot com
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