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ThoughtWeb - Australian BIG DATA Player Poised For Global Growth

SYDNEY, Dec. 5, 2012 /PRNewswire/ -- ThoughtWeb, developer of the Enterprise Analytics Studio for building big data solutions that enables enterprise collaboration, intelligence and analytics, recently welcomed industry veteran Vinay Samuel as its Chief Executive Officer.

Samuel brings extensive start-up experience from several recent US software ventures such as Netezza, Greenplum and Vertica.  Rob McLean, Chairman of ThoughtWeb, stated, "Vinay brings deep business management, data warehousing, marketing and big data experience.  He understands the key success criteria for utilising data to produce sustainable advantages for banks, telecommunications, retailers, mining and government organisations."  

ThoughtWeb, who were nominated as a Gartner "Cool Vendor – 2012", is poised for rapid growth.  Its experience in the Government, Telecommunications, Retail, Mining and Banking industries; and unique software that reads, analyses and puts massive amounts of (structured and unstructured) data in context is driving significant market take-up.  "Customers are able to create competitive advantage by leveraging our ability to join the dots across disparate data sets, find the hidden meaning and patterns and enable enterprise collaboration. ThoughtWeb enables customers to extract value from the Big Data", comments Samuel.

Chris Murray, CTO and Founder of ThoughtWeb, believes that the analytics industry will be changed through the democratisation of data analytics.  "This is what the ThoughtWeb Enterprise Analytics Studio is all about.  We enable the user to build deep capability utilising existing systems and new data streams available inside and external to organisations", states Murray.

During his career, Samuel has been involved in new software start-ups and has orchestrated the introduction of Internet-scale, high-performance computing technologies and various data driven applications.  He states, "The challenge our customers face involves the volume, variety, velocity and complexity of data generated internally and on the web. ThoughtWeb has patented technology and innovative approaches that address the BIG DATA issue.  We build collaborative business applications that analyse text, images, video, transactions, speech, etc.; enabling our customers to connect, detect and act upon insights and patterns."

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