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22 July, 2018 23:26 IST
Solix Technologies expands its European Operations
Source: IRIS | 15 Jul, 2015, 05.08PM
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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)*

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