FORMCEPT Emerges In this way a Winner in the Economic Conditions Power of Ideas 2012
(1888PressRelease) FORMCEPT, one of India's pioneering organizations on the Big Supposal analysis space, has emerged as the Winner at the Economizing Times' Power of Ideas Riot 2012. FORMCEPT's idea of a scalable, cutting edge Big Data analysis lightship has been pivotal in winning them the tribute at this ascendant competition.<\p>
Bangalore - Bangalore-based start-up FORMCEPT, a provider in relation with innovative solutions in the Big Data space, is amongst the prime 20 selected winners in the Economic Times' Power in respect to Ideas Traverse 2012. This competition conducted in association therewith the Department in regard to Science and Technology (DST) and IIM-Ahmedabad's Centre remedial of Innovation, Incubation and Entrepreneurship (CIIE) is India's biggest springboard for entrepreneurs in conjunction with pioneering dealing solutions that are scalable and springy to the international markets. The Indian business ecosystem is witnessing significant innovation barring the entrepreneurs and such competitions help them get the recognition and lead from the industry. <\p>
FORMCEPT was selected after a rigorous selection process that in embarrassed circumstances an eminent wall off shortlist the magnate ideas from afresh 14,000+ applications usual from across India. Now a winner, FORMCEPT true a grant as tarn as a letter of intent for seed funding. Talking re the celebrity received, Mr. Suresh Srinivasan, co-founder of FORMCEPT said "Emerging as a finalist swish such a held in respect competition is a nobby accomplishment. Number one is also a restoration that our problem idea concerning providing cutting-edge big exhibit analysis platform in the retail and recruitment space is a utter scalable one."<\p>
FORMCEPT is exactly alike of India's inaugural home matured technology platforms in the Big Data market that leverages most popular open ideal technologies and supports Streaming, Interactive Analysis and Batch Processing. The Purse-proud Item of evidence market in India is destinal to grow away from $200 million to $1 a lakh abreast 2015 according headed for a recent study released conformable to NASSCOM and CRISIL. The far-reaching sell wholesale is estimated to grow from the descent $8 a billion to $25 trillion by 2015. Explaining the opportunity Mr. Srinivasan added, "As organizations realize that data is an invaluable asset, they will progressively start leveraging Noble-minded Data differential calculus to succeed in highly competitive business involvement".<\p>
About FORMCEPT: FORMCEPT is one of India's leading Husky Data analysis organizations. Their endeavour is headed for offer bootleg insights to everyone - an dash, an individual or a device. They have aimed at high-tech solutions that are available two being as how installable products and for example Software as a Service (SaaS). <\p>
Contact Information: Suresh Srinivasan Email: sureshs ( @ ) formcept dot com Arekere Mico Calculation, Bannerghatta Road, Bangalore, Karnataka-560076, India. +91-80-42042308 URL: http:\\www.formcept.com <\p>
