Thursday, March 30, 2017

#Jaffer Business Acquires Islamabad Based Analytics Firm

To help companies address large amounts of data, JBS, an IT solution provider, has acquired Blutech Consulting. Jaffer Business Acquires Islamabad Based Analytics Firm.



Blutech, a privately-held company based in Islamabad, is a futuristic company which understands that big data is not just about data but about unlocking the value of data by giving it meaningful sense.

It offers strong technical capabilities around business intelligence and data analytics.  Now the IT market in Pakistan will be able to benefit from decades of JBS experience and expertise along with Blutech’s knowledge of Analytics, BI and Data business to provide strong value to customers.

Mr. Veqar Islam, CEO of JBS, said about the acquisition:
“In a few years JBS intends to acquire more promising, futuristic and innovative startups that have the potential to solve business/social problems.  We believe our model of acquisition provides the right blend of investment and structure which in turn would not just increase the chances of success for startups like Blutech, but also enable them to scale operations in Pakistan and outside.”
JBS intends to become an organization which is aligned to future market trends and would continue to actively look for ideas and people with big dreams to become part of its acquisition strategy.  Such an approach, we believe can contribute aggressively and actively towards expanding the “innovation scene” in the country.”

Kashif Jadoon, Chief Executive, Blutech Consulting, said:
“I am very delighted today to become part of such a large group that has the credibility of decades in this industry. We have very strong ideas and a committed team and now with this acquisition, we have the strength and experience of JBS which we can leverage to become a powerhouse of Big Data/Analytics locally and internationally.”
Innovative Big Data Analytics Startup acquired by JBS with a Multimillion rupee investment

The multi-million rupees investment being made by JBS, besides helping Blutech in developing a strong knowledge base in the country, would also be used for setting up a data lab. This would enable JBS to develop strong products that bring further value to organizations looking to unlock the potential of Data.

Use of data is increasing at an exponential rate. According to Google CEO Eric Schmidt, every 2 days, as much information is created as was created from the dawn of civilization up to 2003. This means 2.5 quintillion bytes of data are created every day, which is equivalent to 57.5 billion 32 GB iPads. This influx of data has caused a disruption and is shaking industries, societies and even day to day life. Hiding within those mounds of data is knowledge that could change a life, or change the world. However, the goal is to turn the data into information and information into insights.


SHARE THIS

Author:

Thanks for visitint our website. like our FB pages and subscribe to our daily upates..you can comment on the above peace bellow with your google id or facebook id. thanks

0 comments:

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Hotel Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________