OpenArc Systems Management, a pioneer in providing software solutions to banking and finance industry in Sri Lanka launched its brand new product platform for implementation of Business Intelligence on the cloud for any business enterprise. The new product named as BIRD (Business Intelligence, Reporting and Big Data Analytics) was launched at a CEO Meet-up forum at OpenArc in partnership with SriyamSoft India, one of the OpenArc partner companies.

 

openarc birdoncloud
At the product launch addressing the gathering of CEOs and IT heads of many organisations, OpenArc CEO Daya Hettiarachchi said that the new product platform ‘BIRD’ uses cutting edge technologies addressing next generation information challenges of corporate world such as Multi-data Source Compatibility, Report automation, Multi-device support, Elastic in memory Database, Predictive Analytics and Artificial Intelligence that should deliver high performance management information in a real time environment.

In order to provide state-of-the-art business analytics solutions through user definable dash boards at the highest level of performance, this new product uses brand new technologies and concepts such as Meta data, Elastic In-memory databases, Intelligent Machine learning algorithms, MapReduce architecture etc.

This new product platform will be compatible with most of the widely used corporate data base systems such as Oracle, Informix, MS SQL etc., and any Open Source databases that companies use to store data within their Enterprise software applications. The BIRD servers to be installed at client site or at data centres on the cloud shall be linked and synchronised with those existing live databases of client sites and user definable dash boards shall be provided on-premises networks or on mobile and other portable devices.

Compared with the most of the Business Intelligence solutions that are presently available in the market place this solution will be much more futuristic, technologically advanced and affordable to many customers irrespective of their size of the organisation, catering in particular to the SME sector of the country.

South Asia Offers Tremendous Growth In Big Data – Sriyamsoft

The total Information Management System solution offered by OpenArc includes a business analytics consultancy services through a new unit setup under direct leadership of OpenArc CEO, Daya Hettiarachchi. Information Systems Engineers attached to this unit shall undertake to develop and implement best Business Intelligence Systems for any corporate entity irrespective of the business sector they are in; whether it is Engineering, Manufacturing, Banking and Finance, Hospitality, Education, Health or any other.

We shall study and recommend the best system to cater to decision focused, dashboard driven information on any device including mobile phones and tabs. All corporate entities who have interest in setting up of next generation management information systems with business analytics may now join ‘OpenArc CEO Meet-up for BI on the Cloud’ and achieve better business results; Daya Hettiarachchi further emphasised the company vision in launching this product.

At the product launch addressing the gathering of CEOs and IT heads of many organizations, Virinchi Garimella CEO & Co-Founder at SriyamSoft LLC said Sri Lanka along with South Asia offered immense scope. “Sri Lanka, India, Bangladesh are emerging countries and offer huge potential in these kinds of opportunities as in business intelligence and reporting not many products are out here,” Garimella said. The new product platform ‘BIRD’ uses cutting edge technologies addressing next generation information challenges of corporate world such as Multi-data Source Compatibility, Report automation, Multi-device support, Elastic in memory Database, Predictive Analytics and Artificial Intelligence that should deliver high performance management information in a real time environment. In order to provide state-of-the-art business analytics solutions through user definable Dash boards at the highest level of performance, this new product uses brand new technologies and concepts such as Meta data, Elastic In-memory databases, Intelligent Machine learning algorithms, MapReduce architecture etc. Global big data market is slated to grow at a CAGR of 36.67% by 2020 whilst Asia Pacific which controls the third largest market share in terms of revenue and registering second largest growth rate of 43% till 2020.

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