SINGAPORE, Aug. 22, 2016 /PRNewswire/ -- Fusionex, a multi-award-winning, leading international solutions provider specializing in Big Data Analytics, the Internet of Things, Artificial Intelligence, and Deep Learning was cited as a vendor of interest by renowned research and advisory firm Gartner's 2016 Magic Quadrant report.
The report, titled "Magic Quadrant for Business Intelligence and Analytics Platforms", lists and analyzes companies in main technology markets and how well-placed they are to assist clients over the long term.
Fusionex was listed in the "Real-Time Process and Operational Intelligence" category alongside other vendors who were placed in categories such as Cloud BI, Hadoop-based data discovery, Link/graph-based data discovery, and Data-blending-centric modern BI platforms.
When listing Fusionex in the report, Gartner took into account case studies on the Internet of Things (IoT) which saw the successful usage by Fusionex of Advanced Analytics to bring about cost savings and higher product yield to the manufacturing industry, resulting in the savings of millions of dollars annually.
Ivan Teh, Fusionex Chief Executive Officer, commented: "Gartner's Magic Quadrant is an often referred to report which provides in depth studies into the competency of IT solution providers. We are honored that Fusionex is mentioned in the report and our team is committed to further improving our Big Data Analytics offerings to better serve our fast growing clientele base."
The Magic Quadrant report, which helps readers determine the performance of technology providers against Gartner's view on the market, further provided that Fusionex was part of a select group of "interesting vendors" and would be featured in forthcoming research by Gartner due later this year.
Being mentioned in the Magic Quadrant report, alongside other renowned names such as Microsoft, IBM, Oracle and Tableau, further advances the position of Fusionex as a leading software provider in the Big Data Analytics arena.