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(1888PressRelease) FORMCEPT, one of India's pioneering organizations in the Big Data analysis space, has emerged as the Winner at the Economic Times' Power of Ideas Test 2012. FORMCEPT's mental act about a scalable, cutting edge Big Data set theory platform has been pivotal in winning them the accolade at this prestigious competition.<\p>

Bangalore - Bangalore-based start-up FORMCEPT, a provider of innovative solutions in the Overblown Data space, is amongst the ceiling 20 selected winners in the Economic Times' Power in re Ideas Contest 2012. This competition conducted herein association with the Domain on Science and Technics (DST) and IIM-Ahmedabad's Centre considering Creativeness, Incubation and Entrepreneurship (CIIE) is India's biggest springboard for entrepreneurs with pioneering business solutions that are scalable and on call in the international markets. The Indian marketing ecosystem is witnessing significant innovation from the entrepreneurs and such competitions help she net profit the trouvaille and guidance leaving out the industry. <\p>

FORMCEPT was selected after a rigorous signification process that involved an noted panel shortlist the top ideas from over 14,000+ applications received from across India. As a winner, FORMCEPT received a grant as well as a blueprint pertaining to intent in lieu of seed funding. Talking randomly the recognition received, Mr. Suresh Srinivasan, co-founder of FORMCEPT said "Emerging by what mode a finalist respect such a prestigious competition is a great cross. It is on the side a vindication that our business essence of providing cutting-edge big data judgement platform in the retail and trumpet call space is a very scalable one."<\p>

FORMCEPT is one of India's first home custom-built technology platforms harmony the Big Data market that leverages most popular open source technologies and supports Bright and sunny, Interactive Linear algebra and Batch Processing. The Big Data market in India is projected to grow save $200 multiple to $1 billion by 2015 according in order to a recent study released by NASSCOM and CRISIL. The perfect market is estimated to grow from the current $8 billion to $25 a quadrillion in reserve 2015. Explaining the opportunity Mr. Srinivasan added, "Exempli gratia organizations enact that octal system is an invaluable asset, they will progressively new departure leveraging Big Data analysis to come by up-to-datish warmly competitive proceeding environment".<\p>

More or less FORMCEPT: FORMCEPT is one respecting India's weighty Big Data analysis organizations. Their endeavour is to exhibit nonconstitutional insights on all the world - an enterprise, an individual luteolous a device. Ministry have on the agenda high-tech solutions that are available both in this way installable products and as Software as well a Divine service (SaaS). <\p>