- CREATE, PISL’s research division has filed for 5 patents in the field of analytics with 3 more pending for approval
- PISL is now known as the pioneer in business analytics
Centre for Research and Excellence in Advanced Technologies (CREATE), the R&D division of Prithvi Information Solutions (PISL), pioneer in the field of business analytics, has filed for five patents in the field of analytics covering Telecom, Retail, IT infrastructure Management & Finance along with a pipeline of three more. As an endorsement to CREATE’s cutting edge research, PISL has decided to invest 10% of its profits in the R&D division from spending about INR 2 Crores a year to INR 12 Crores a year.
PISL has used the IP developed at CREATE to build several frameworks and platforms to speed up solution delivery substantially. CREATE’s pioneering work has been showcased through publishing of six research papers in various international journals through the existing patents. The other patents pending for approval include:
- System for predicting and correcting failures in telecommunication and infrastructure networks
- A system and method for infrastructure management powdered by statistical methods
- A system and method for real time discount program to stimulate cart swell
- An integrated optical scanning system
- A holistic system that comprehends “the why of customer churn”
Currently , CREATE is working on areas such as Data Analytics, Cloud Computing, Process Modeling, e-learning, e-security and other technology area’s headed by Dr Dakshinamurthy V Kolluru.
According to Dr Murthy, “the universal application of Analytics across industries makes it very powerful proposition. The bottom line impacts speak for themselves, no wonder businesses are turning to Analytics to solve their most complex problems. The market size for business analytics is expected to be 100 billion dollars. As pioneers in this field we expect to garner a decent chunk of the market.”
CREATE works with clients of various sizes ranging from cutting edge technology start ups to multi-billion dollar corporate. Their current clientele includes Schlumberger, Redcats, Delence, Industrial Scientific, etc. Dr Murthy, says, “We are a very young organization within Prithvi, the future for us looks bright. The increased allocation of funds to R&D, emphasizes on the fact that PISL will increase its focus on R&D and look to it to drive future businesses. Our goal is to bring tomorrow’s solutions to our customers today”.
About Prithvi Information Solutions Limited
Prithvi Information Solutions (PISL) is a global Information Technology and Telecom company, which brings together its industry, functional and technical expertise to provide valuable solutions to its customers and ensure their success. PISL specializes in Telecom engineering and products, Enterprise Resource Management, Outsourced Product Development, Business Intelligence , Infrastructure Services, E-governance, Mobile platforms and Systems Integration among various other expertise. PISL’s R&D driven approach to solving the complex business problems of our customers, often results in innovative solutions that positively impact the customer’s bottom line.
PISL is ranked 12 among all the IT services Exporters by NASSCOM. Prithvi is constantly rated among the top 50 fastest growing companies in India and top 500 of Asia by Deloitte. PISL services customers in various geographies including USA, Brazil, Canada, Middle East and India. PISL is publicly listed in NSE BSE. For more information please Visit www.prithvisolutions.com
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Certain statements in this press release are forward-looking in nature and concern our future growth. These statements are based on assumptions that are subject to certain risks and uncertainties and could cause our actual results to materially differ from the forward-looking statements. PISL undertakes no duty to update any forward-looking statements
