Mu Sigma, a data analytics consulting
company, says it has raised $108 million from venture capitalists,
marking one of the largest investments in the fast-growing analytics
business, The Wall Street Journal reports.
Mu Sigma helps some of the world's biggest corporations make sense of the vast volumes of data being produced online.
The
company, which is headquartered in Chicago with most of its analysts in
Bangalore, employs about 1 500 people, up from about 1 200 in June.
Mu Sigma, which was founded in 2004, undertakes large-scale and complex data analytics on behalf of clients such as Microsoft and Dell, Chicago Tribune writes.
Put
simply, analytics helps a business understand “why something happens,
what will happen, so what and now what?”, says Dhiraj Rajaram, Mu
Sigma's founder and CEO.
Analytics underpin marketing, supply
chain and risk management decisions in industries such as insurance,
pharmaceuticals, retail and financial services.
Dimension Data
is South Africa’s leading IT services and solutions provider. We plan,
build and support IT infrastructures while applying expertise in
networking, security, operating environments, storage and contact centre
technologies. This is coupled with unique skills in consulting,
integration and managed services, creating customised client
solutions. Click here for more info.
Glad you liked it. Would you like to share?
Sharing this page …
Thanks! Close
Add New Comment
Showing 0 comments