TAKE Solutions creates a new subsidiary for Life Sciences Big Data in the US
Posted OnJuly 27, 2015 by Geeta Priya
TAKE Solutions Ltd., a global business technology solutions provider – announced its foray into the big data market for the Life Sciences sector, by setting up Intelent – its new US-based subsidiary, with an initial investment of 3 million USD. Intelent aims to address the USD 300 billion healthcare and life sciences market (according to projections by McKinsey) by providing clients offerings in the areas of data integration and advanced analytics.
Noting the exponential growth in data volume and variety, and shortening of technology lifecycles, TAKE has set up Intelent to address the challenge of harnessing data from multiple streams to create a competitive advantage for its clients. This investment is expected to help organizations mine their mountain of data to fulfil business and operational needs along with compliance to reduce risk, accelerate timelines and boost returns. Born out of TAKE’s strong business domain and technology expertise in strategy and implementation, Intelent will provide organizations a platform for integrating and analyzing data and deriving actionable intelligence.
Mr. Srinivasan H.R., Vice Chairman & Managing Director, TAKE Solutions said, “As domain experts in Life Sciences, we have understood the specific impact of this trend in business life cycles. There has been a growing importance of mining actionable insights from Big Data for strategic decision making in the Life Sciences space. This investment goes into areas of analytical data aggregation, mining and visualization. Insights and intelligence derived from fast-moving data sets can help inform strategy decisions, spur innovation, inspire new products, enhance customer relationships and bolster operations.”
About TAKE Solutions:
TAKE Solutions is a leading domain focused technology company offering services/solutions to the global market. The company provides cost-effective and comprehensive solutions for enterprises across diverse sectors including pharmaceuticals, high technology, consumer packaged goods, oil/gas, and automotive. TAKE Solutions encompasses specialized lines of businesses under distinct brands such as Navitas – a pure play Life Sciences company, TAKE Supply Chain & TAKE MEA – flexible, accessible, mobile Supply Chain software solution providers, APA Engineering – an International Sourcing and Engineering services company and TAKE Enterprise Services Inc. - a specialist provider of technology-driven business solutions and software services. TAKE’s global headquarters is in Chennai, India; its U.S. headquarters is located in Princeton, New Jersey. TAKE has a proven track record as a trusted partner in delivering world-class solutions to more than 400 customers worldwide.
For more information, please visit www.takesolutions.com.