Fusionex launches GIANT 2017, comes with NLP capability
By Goh Thean Eu June 1, 2017
- New Fusionex GIANT 2017 comes with NLP capability
- 10 companies tested the new GIANT late last year, 8 of them have signed up
FUSIONEX International Plc, a big data analytics solutions provider, believes that its new big data analytics solution can help the company to win more clients and gain market share.
The analytics solution, known as Fusionex GIANT, allows companies to have a holistic view of its business operations, understand trends, buyers behavior, and even predict outcomes. Unlike larger big data companies from the US or Europe, the company's big data solutions are more user-friendly and easier to deploy.
"Our solutions may not be as powerful as some of our rivals', but it has the features and characteristics that meets the needs of the chief executive officer, the chief information officer, and chief financial officer," Fusionex founder Ivan Teh told Digital News Asia recently.
"Today, CEOs want a fast-to-deploy big data solutions, they can't wait 18 months or more for the implementation. CIOs and CFOs want a solutions that are easy to manage, easy to use, and does not cost a lot to maintain."
According to Teh, the new GIANT, dubbed the Fusionex GIANT 2017, is far more superior than the predecessor. He said that it is now able to make sense of trillions of data sets -- making it a suitable tool for banks, stockbroking firms, hotel chains, manufacturers and others.
Like the previous version, the GIANT allows users to get key insights by just 'drag-and-drop'. For example, dragging the company's sales data and customers data could allow the company to find out which particular products are more popular among the young working adults.
"More importantly, the new GIANT allows user to get insights in the easiest way possible -- by talking to it. The new GIANT comes with a natural language processing (NLP) capability that will perform various tasks. For example, you simply only need to tell it to show you sales number, or sales number based on region, and those data will be produced immediately," said Teh.
"Gone are the days when you need days or weeks to generate a report."
Penetrating the SMEs
The company also introduced its first big data analytics solutions catered to the small and medium enterprises (SMEs).
The product, dubbed ANT, is the "mini-version" of the GIANT. It has most of the features SMEs need when comes to making sense of their data.
"For a long time, the SME market has been underserved. It also has most of the features that SMEs are looking for.
Expecting strong response
In late 2016, Fusionex invited 10 companies to take part in the pilot run of the Fusionex GIANT 2017. From the 10 companies, 8 of them have already signed up for the solution.
"Our vision has always been to create innovative technology that meets the business needs of today's market. Innovation drives growth and we strongly believe Fusionex GIANT 2017 is the answer to an IoT driven world that is in constant need of better, faster, cost optimised and commercially-feasible technology," said Teh.
"Analytics can help bridge the gap between business and consumer needs and we are ready to assist our customers to stand above their competition."