Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Nokia’s Mapping Unit Buys Predictive Analytics Firm Medio

13/06/2014 by

W1siziisijiwmtqvmtavmjgvmtuvmzcvntivmjm3l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Looking to boost its ability to deliver personalised and contextual maps and services, Nokia’s mapping division, Here, has acquired Seattle-based real-time predictive analytics firm Medio Systems Inc.

Predictive analytics are an essential component of Here’s plans to provide the right maps and services at the right moment across screens and operating systems. And acquiring Medio Systems will help Here achieve that goal “by taking maps far beyond where they are today.”

Here plans to use Medio’s tech to give people and businesses more predictive experiences that change according to each situation. To make the most of the acquisition, Here also intends to share Medio’s technology — if relevant — with Nokia Group’s networks and technologies businesses.

For example, that could mean delivering restaurant recommendations to a person who’s ready for lunch, offering drivers routes that match their driving styles based on real-time conditions or helping businesses personalise their customer offerings. Nokia is not divulging how much it is paying for Medio’s technology. The deal is expected to close by the end of July 2014.

This article has been extracted from http://www.toptechnews.com, please click on this link to read the article in full http://www.toptechnews.com/article/index.php?story_id=031000YWRK23

Montash is a multi-award winning, global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtyvmtivmdivmtavmdcvntcvotkwl2j1c2luzxnzigludgvsbglnzw5jzs5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Annual growth rate for BI market set at 8.4%

2016-12-02 10:00:00 +0000

A new report has suggested that the compound average growth rate (CAGR) for the business intelligence (BI) market between 2016 and 2021 is likely to be around 8.4 per cent. The latest publication, named Global Business Intelligence Market by Mobile BI, Cloud BI, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015-2021, said that 2015 saw the global BI sector valued at $16.33 billion. By 2021, this is expected t...

W1siziisijiwmtyvmtevmzavmtavmjavntuvndgzl09jbcbyawcgc2vhlmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Crisis in oil and gas industry nears turning ...

2016-11-30 10:00:00 +0000

A new report has suggested that the current crisis being experienced by the gas and oil industry is nearing a turning point. As part of the 25th Oil and Gas Survey, it was found that although two-thirds of firms had cut employment levels in 2015, the speed at which these cuts are occurring has slowed. In addition, other methods of saving have been utilised to drive operational costs down. Amongst the firms questioned, it was found that 67 per cent of bu...