LatentView strengthen India Presence

LatentView, a pure-play business analytics solutions provider 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 Latent View’s global operations.

Ranked as India’s 12^th fastest growing ‘Technology Company in Deloitte Fast 50 India, 2012’, LatentView plans to increase its current headcount to 500 people in FY 2013-14. Located in Ramanujan IT city, Chennai, the Analytics center for Excellence provides much needed work and play situation for employees. LatentView’s move into SEZ secures stronger foothold on this fast evolving market.

Venkat Viswanathan, Founder & CEO, LatentView says, “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.