Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
24 January, 2018 07:34 IST
Solix Technologies expands its European Operations
Source: IRIS | 15 Jul, 2015, 05.08PM
Comments  |  Post Comment

Solix Technologies, Inc., a leading provider of Enterprise Data Management (EDM) solutions, has announced an expansion of its business operations in Northern & Southern Europe. In response to growing customer demand for Information Lifecycle Management solutions based on Apache Hadoop, Solix will open a new office location in Paris to serve as headquarters for its Southern European operations. Northern European operations will continue to be based out of the United Kingdom.

With both structured and unstructured data sources contributing towards massive data growth across Europe, companies are constantly challenged to intelligently collect, store and analyze the data. Solix ILM solutions help companies improve the performance of enterprise applications, meet compliance objectives, reduce infrastructure costs and enhance enterprise analytics.

''Data growth is accelerating exponentially, and Apache Hadoop is the ideal platform for enterprise archiving applications'' said Sai Gundavelli, founder and CEO of Solix Technologies, Inc. ''This restructuring will bring Solix resources closer to our customers and help promote successful projects.''

Shares of the company gained Rs 1.35, or 4.89%, to settle at Rs 28.95. The total volume of shares traded was 50 at the BSE (Wednesday).



TechNVision Ventures Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
Bharti Airtel's weak results may mark low point for India telcos: Fitch - 23-Jan-2018 13:13
Pricol inks pact with Dongguan Shenpeng Electronics Co - 23-Jan-2018 10:29
Kalpataru Power bags new orders worth Rs 8.71 bn - 22-Jan-2018 16:21
Apollo Micro Systems settles 60.6% higher on listing day - 22-Jan-2018 16:12
Infosys inks pact with A.S. Watson Group - 22-Jan-2018 15:50
Reliance Nippon Life inks pact with Bank of Maharashtra - 22-Jan-2018 15:10
Apollo Micro Systems lists at 69% premium - 22-Jan-2018 12:00
Larsen & Toubro launches second offshore patrol vessel - 22-Jan-2018 10:06
ONGC acquires 51.11% stake of President of India in HPCL - 22-Jan-2018 10:01
ONGC acquires 51.11% stake of President of India in HPCL - 22-Jan-2018 10:01
IL&FS Transportation Networks receives LoA for road project in J&K - 22-Jan-2018 09:52
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer