News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
GET RECOGNIZED
Let an ISACA® certification elevate your career.
Register today and save
You are here: Home / Press Releases / Big Data Merger: NGDATA Buys ENQIO
DDoS Protection Powered By Verisign
Big Data Merger: NGDATA Acquires ENQIO
Big Data Merger: NGDATA Acquires ENQIO
News as reported by the company Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
MARCH
06
2013



NGDATA™, the consumer intelligence management solutions company, today announced it has closed the acquisition of ENQIO, a Belgian-based professional consultancy focused on data management, business analytics and multi-channel campaign management.

The move provides NGDATA with an experienced team of data scientists – a core competency lacking in most Big Data technology vendors – and a proven formula for successfully understanding and addressing complex business problems pertaining to Big Data.

By providing complementary business knowledge and competence alongside its customer intelligence solution Lily, NGDATA will help enterprise organizations more effectively use their Big Data to impact their business by providing a 360 degree view of customers, supporting one to one customer interaction and improving business performance by reducing customer churn, upselling to existing customers, attracting new customers, optimizing price structures, etc. Financial details of the deal will not be disclosed publicly.

"One of the biggest reasons most enterprises struggle with Big Data initiatives is because most technology vendors don't have qualified staff who understand the specific business challenges and how to show ROI resulting from effectively applying the technology to address those challenges," said Luc Burgelman, CEO and co-founder of NGDATA. "By leveraging the extensive skill set of our data scientists using machine learning, and combining that knowledge with the power of Lily, this acquisition provides NGDATA with the ability to architect a solution based on the specific business needs of our customers. By speeding up development and implementation and broadening the ability to scale, enterprise organizations will be able to create a multitude of new opportunities for revenue."

NGDATA will remain focused on industries such as banking, media and publishing and telecommunications and remains committed to being the leading company in building Customer Intelligence solutions specifically targeted at these markets. This acquisition will further strengthen the company's foothold in these markets as ENQIO brings a wealth of experience in working with organizations such as France Telecom, ING, KBC, Orange and Telenet, among many others.

"Data Scientists are a critical piece of any Big Data strategy and roll out. We're excited about the possibilities of working with a company that not only understands and excels at the science and business process of Big Data – but can also master the development and implementation of a solution that will help us drive greater value from our customer relationships," said Alain Glickman, Global Customer Insight Director at Orange. "As an ENQIO customer, we look forward to working with NGDATA and are excited about the possibilities this acquisition will deliver to our business."

About NGDATA

NGDATA is the consumer intelligence management solutions company that empowers enterprises seeking greater customer lifetime value to drive continuous, actionable insights to enable sales and increase customer loyalty. The company does this through its unique combination of Big Data management and machine learning technologies in a single integrated solution. Recently named one of Bank Systems and Technology Magazine's "Top 7 Big Data Players to Watch," NGDATA is headquartered in Ghent, Belgium with offices in New York City and San Francisco. The company provides solutions to data-driven sectors such as financial services, retail and media/publishing. Please visit www.ngdata.com for more information or follow on Twitter @ngdata_com or connect with the company on LinkedIn.

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
TOP STORIES NOW
MAY BE OF INTEREST
Salesforce.com is the market and technology leader in Software-as-a-Service. Its award-winning CRM solution helps 82,400 customers worldwide manage and share business information over the Internet. Experience CRM success. Click here for a FREE 30-day trial.
MORE IN PRESS RELEASES
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Dairy Queen Latest Retailer To Report Hack
Known for its hot fries and soft-serve ice cream, Dairy Queen just made cyber history as the latest victim of a hack attack. The fast food chain said that customer data at some stores may be at risk.
 
Lessons from the JPMorgan Chase Cyberattack
JPMorgan Chase is investigating a likely cyberattack. The banking giant is cooperating with law enforcement, including the FBI, to understand what data hackers may have obtained.
 
Who Is the Hacker Group Lizard Squad?
Are they dangerous or just obnoxious? That’s what many are wondering about the hacker group Lizard Squad, which tweeted out a bomb threat that grounded a flight with a Sony exec aboard.
 

Enterprise Hardware Spotlight
AMD's New FX Series CPU Breaks Processing Speed Record
The new FX-8370 processor from Advanced Micro Devices has set a record for silicon processor speed, the company announced. Overclocked, the eight-core chip was measured at 8722.78 MHz.
 
Intel Intros Lightning-Fast PC Processors
Call it extreme. Intel just took the covers off its first-ever eight-core desktop processor, which is aimed at hardcore power users who expect more than the status quo from their computers.
 
HP Previews ProLiant Gen9 Data Center Servers
Because traditional data center and server architectures are “constraints” on businesses, HP is releasing new servers aimed at faster, simpler and more cost-effective delivery of computing services.
 

Mobile Technology Spotlight
Rumor Mill Puts Mobile Wallet in iPhone 6
Apple is moving toward the mobile wallet world with its next iPhone. The tech giant has partnered with retailers, banks and major payment networks to make it happen, according to Bloomberg.
 
Will iPhone Finally Catch Up with NFC Mobile Payment Ability?
Apple's latest version of the iPhone may have a mobile wallet to pay for purchases with a tap of the phone. The iPhone 6 reportedly is equipped with near-field communication (NFC) technology.
 
Visual Search To Shop: Gimmick or Game Changing?
Imagine using your phone to snap a photo of the cool pair of sunglasses your friend is wearing and instantly receiving a slew of information about the shades along with a link to order them.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech | Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.