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Koverse secures strategic investment from Credit Suisse Asset Management

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Credit Suisse Asset Management has made a strategic investment in big data specialist Koverse. The company will use the funds to expand its team and product offerings to meet enterprise demand for data-driven results.

“Organisations that need data-driven results now, are underserved,” says Jon Matsuo, President and CEO of Koverse. “Credit Suisse, first as a customer and now as an investor, has greatly accelerated Koverse’s development and impact in areas critical to enterprise operations.”
 
The Koverse team has implemented some of the most complex big data systems in the world, and that expertise is built into its product. Koverse provides a way for organisations to benefit from all the data collected and stored in order to meet their time-sensitive needs and allow them to win the data-driven race.
 
Michael Rodgers, Vice President at Credit Suisse Asset Management and Koverse Board Member, said, “Koverse is well-positioned to help enterprises realise a return on their big data efforts by removing huge obstacles that have been limiting results.”
 
Production-strength big data solutions require security, analytics, application development tools, governance structures and fine-grain controls, all of which are built into a single, unmatched software solution provided by Koverse. This includes integrations with popular open-source components as well as working with all major Hadoop distributions.
 
“Customers have told us their big data projects are not about implementing technology, but about solving business problems. So that is what Koverse has done: provided the fastest path to business results,” says Matsuo.
 
Koverse solutions include threat detection, advanced customer analytics, real-time situational awareness, data silo consolidation, and fast-track analytical applications development.

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