Latize Brings Big Data Innovation to New South Wales Government
Singapore/Sydney, 12 December 2016 – Following the announcement of the launch of its first overseas office in Sydney in June, Singapore Big Data company Latize, has secured its first NSW government customer, the Division of Resources & Energy of the Department of Industry, (DRE).
DRE went to market in August seeking a solution to address the data mining function for use in mine safety, environmental, licensing, royalties and reporting compliance analysis and other miscellaneous intelligence analysis. Having had a presence in Australia for just a few months at that time, Latize believed they could provide a compelling solution to those requirements given their record to date with Singapore’s government agencies.
“Latize is proud to announce our landmark win in New South Wales, the Division of Resources & Energy of the Department of Industry,” said Vikram Mengi, co-founder and CEO of Latize. “We look forward to working together to implement our solutions and support the division’s efforts in harnessing data to benefit their operations.”
DRE has a vision for NSW to be “a place where the skills of its people, management of its natural resources and the quality of its government services make it a globally attractive location to live, learn, work, invest and to produce goods and services”. The safe and sustainable development of NSW mineral and energy resources for the benefit of all NSW citizens lies at the heart of DRE’s purpose.
Latize’s innovative software approach to big data management, named Ulysses, utilises semantic processing and linked data to provide insights that would otherwise be unseen in organisations data. The software has been accredited by the InfoComm Media Development Authority in Singapore.
The DRE win was made possible via one of Latize’s local partners, Small Multiples, which has an exemplary record of customer success in the area of data visualisation. Small Multiples and Latize will work together to implement the Ulysses solution to address initial requirements and look to setting the standard as a platform for further innovative data management projects within the Division. The initial work will focus on mine safety and at later stages will involve integration with several other systems within DRE. Latize also announced their second round of venture capital funding, a pre-Series A US$1.5 million (AUD 2 million) round, in September this year, taking total funding to around US$3 million (AUD 4 million). Latize is venture backed by Singapore-based investment firms including ACP, SPRING Seeds Capital and Tembusu ICT 1 Fund.
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About Latize
Latize is an upstart in the realm of business intelligence, data management and Big Data. In a world constantly bombarded and inundated by information, Latize is heralding the new age of harnessed and directed data. You might have a set of preconceived notions around how your company’s data can work for you. Whatever you had in mind, Latize is going to upend it, give it good shake, and set your data in front of you like you have never seen it before.
What we do at Latize is encapsulated in three pillars: data capture, data transformation, and data utilisation. Latize captures data from both within your organisation, and from public sources such websites, social media networks, etc to give you a comprehensive view of the landscape.
Experienced in data handling, we transform your data to present it in ways that not only help you understand it better, but also maximises the insights you can glean from it to reach your objectives.
For more information, visit www.latize.com
Contact
Vikram Mengi
Co-founder & CEO
vikram@latize.com
+65-6384 5411
Media Contact
Laveen Prakasan
Client Associate
laveen@preciouscomms.com
+65-3151 4760
