TEOCO, a global analytics service provider has announced company’s growth plans for India.
“We see the immense potential that India offers, both in terms of product innovation and talent. We hope to harness the best industry resources available in India as we chalk our expansion plans for the future,” said Atul Jain, CEO and Chairman, TEOCO.
“Being of Indian origin, I am proud to be back to strengthen our presence in a rapidly developing India which needs to give wings to its young and talented industry leaders. We hope to keep developing our portfolio of products and solutions to offer the best services to our customers,” added Jain.
According to Jain, TEOCO is all set to increase focus in the Asia-Pacific (APAC) region.“Our products in network fault and performance management, RAN optimization and telecom big data analysis could be immensely valuable ‘cost and performance’ differentiators for telecom service providers in this region,” he said.
Moreover, he pointed that big data analytics offered tremendous opportunities in the telecom sector. “Telecom devices and appliances are capable of continually gathering massive volumes of data, but, till recently, the industry had not fully leveraged this ability to extract the valuable information embedded in such rich data,” said Jain.
“We know how to play innovatively with this data to provide better BI solutions. We have done it for the largest telecom carries in North America, crunching many hundreds of terabytes of data,” he explained.
TEOCO established in 1995, is one of the fastest growing companies in its segment with a presence across North America, Israel, Europe, Australia and India, and company provides
analytical solutions to telecom service providers worldwide.
Close on the heels of its acquisition of the radio access network (RAN) optimization leader Schema in 2012, TEOCO is actively looking to acquire another international company in the telecom software space that could strengthen its presence in India.
Prior to acquiring Schema, TEOCO successfully acquired TTI Telecom, a leading service
assurance solutions provider headquartered in Israel, for $58 million in 2010.
TEOCO, is an abbreviation of ‘The Employee Owned Company’ was founded with the dream of building a successful business model, focusing on an employee ownership led company rather than a profit driven one. It already has a 150 strong Indian workforce with
its main office is in Kolkata and other offices in Mumbai and Bangalore.