Fusionex International PLC Launch of Fusionex GIANT 2016 (4461C)

TIDMFXI

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            Through Buchanan 
  Yuen Choong Lai, Chief Financial Officer 
  Darren Hopkins, Director of Investor 
  Relations & Corporate Development 
 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

END

MSCGUGDLXSDBGLI

(END) Dow Jones Newswires

June 28, 2016 02:01 ET (06:01 GMT)

Fusionex (LSE:FXI)
Historical Stock Chart
From Jun 2024 to Jul 2024