Sunday, 22 November 2015

ITWORX Brings Forth the Benefits of Big Data to the Region: Just About Time?




Cairo, Egypt – 20 November 2015: (ME NewsWire) ITWORX, the global software professional services organization and the region’s pioneer advanced analytics powerhouse, has recently presented a glaring keenness in supporting and sponsoring Big Data initiatives and industry-enriching activities in the region. Most recent of which was The Big Data World Show 2015; a large scale big data conference tailor-made for the MENA region, that took place on the 9th and 10th of November at the Park Hyatt, Abu Dhabi, and for which ITWORX was a Golden Sponsor.

With only 23% of organizations globally having an enterprise-wide Big Data strategy, ITWORX redefines this for the entire region by crafting its 2016 vision around capitalizing on the power of Big Data and Advanced Analytics, while introducing the advantages of cloud-based solutions to the region.

“The anticipated deluge of Big Data worldwide is already on the rise “, said Hafez Hamdy, ITWORX CEO. He added: “To help the region move forward at the same pace of the global industry is a challenge and a commitment for us. We aim at changing the landscape of how technology tackles today’s business challenges by offering solutions that leverage the wealth of Big Data any industry needs in order to push its business forward.”

ITWORX showcased a variety of its products and services for monetizing Big Data empowering different industries such as Telco, Retail, Banking, Utilities, and Transportation. An example is ITWORX Predictive Maintenance, a solution that uses predictive analytics to allow Manufacturing firms optimize their warranty & maintenance functions through reducing downtime, optimizing inventory, and streamlining field operations. Another example is ITWORX Advanced Analytics Suite for banking that predicts loan defaults, customer re-financing, late credit-card bill payments, customer churn.

As a featured speaker in the event, ITWORX gave a lecture about turning Big Data into results in the Enterprise introducing real-life deployments in Marketing, Sales, HR, Finance & Banking, Health, Manufacturing, Telecom, & Public Sector. ITWORX also hosted a discussion panel about “Developing and Implementing Open Data Initiatives for a Smarter Nation.”



About ITWORX:
Founded in 1994,ITWORX is a global software professional services organization serving Global 2000 companies, Governments, Financial Services firms, Telecommunication operators, and Media companies in North America, Europe, and the Middle East, through its headquarters in Cairo and offices in the Gulf region. It offers a myriad of services, including Portals, Business Intelligence, Enterprise Application Integration, Advanced Infrastructure Services, Application Development Outsourcing, Quality, Security and Support.

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