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KGiSL inks MoU with InferX



InferX Corporation, a market leader in next generation distributed Predictive Analytics and Business Intelligence Products and Solutions, today announced that it has signed a Memoradum of Understanding (MOU) with KG Information Systems Limited (KGiSL), part of KG Group of companies to develop solutions powered by InferX products and market to its client base in the Banking, Financial Services and Insurance (BFSI) and Healthcare sectors in the United States, India and globally.

The KG Group of companies will license InferX products and develop specific BFSI and Healthcare sector solutions under the guidance and collaboration of InferX technical managers and market to its client base. The solutions will feature InferX's proprietary Predictive Analytics (PA) technology to deliver next generation business intelligence solutions.

"The ability to enhance our current portfolio of business performance management solutions with InferX's real time, distributed predictive analytics technology provides us with a new competitive edge," said Sridharan Srinivasalu, Executive Director of KGiSL Group of Companies. "We are very optimistic about the outlook of our collaboration with InferX."

"Next generation PA for BFSI and Healthcare is essential for organizations that must quickly access large amounts of widely distributed data, often with varying protocols, structures and formats," said B.K. Gogia, InferX Chairman & CEO. "InferX's patented technology complements KGiSL's software solutions portfolio with a key feature -- real time global access to globally distributed structured and unstructured data sources, eliminating the need for centralized data warehousing."

InferX offers a Patented Distributed Data Analytics software that accesses, analyzes and performs predictive analyses in real-time on multiple, distributed, disparate data sources. InferX has pioneered and commercialized a proprietary suite of health care products to improve performance across healthcare delivery systems.
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