British Columbia, Canada: Edgematics, a leading niche and focused all-in-data company headquartered in the Middle East, has recently acquired a Canadian technology company to expand its Managed Services offering to Fortune 500 companies in Northern America.
Edgematics is one of the leading data consulting and technology companies in the Middle East and North Africa region specializing in data monetization – with a key focus on helping organizations become more data-centric by leveraging their data assets to drive decision-making and ultimately, achieve quick and sustainable wins. With a growing global footprint, and offices in the United Arab Emirates, United Kingdom, Saudi Arabia and India – Edgematics is now expanding into the North American market, bringing decades of knowledge, expertise and innovation in the data field to Fortune 500 companies in Canada and the United States.
With this regional expansion, Edgematics has acquired a Canadian technology company that specializes in delivering managed data services – merging its current workforce, skills and capabilities to set up a local base of operations to service its North American clientele. Edgematics’ primary focus for this market will be to deliver managed data services and solutions to Fortune 500 companies.
Edgematics Chief Business Officer, Raheel Khan, stated: ”With the strength of our performance and success stories in delivering complex data management solutions the EMEA markets, we have never been better positioned to take this next step in our growth strategy and to deliver the same success to customers in North America, where we are seeing growing demand for enterprise-scale AI and digital analytics solutions. We will deliver a highly competitive offering to new growth markets, combining the strength of core expertise in data monetization space and a strong team of Data and Analytics experts to generate leading customer growth.“
Edgematics expertise stems from more than 500 years of combined industry experience – successfully delivering end-to-end project implementations and developing unique frameworks for data monetization across key verticals, such as Banking and Insurance, Telecommunications, Retail, Automotive and Hospitality. The Edgematics experts possess a range of skills across the data landscape, covering everything from big data, data integration, data analytics, data science, data governance, data program management and more. These technical skills, combined with unique industry frameworks and know-how, enables the Edgematics team to reduce the time, cost and complexity of enterprise data projects to achieve quick wins for their clients.
Along with their services and frameworks, Edgematics partners with world-leading technology companies that deliver best-of-breed products and data-driven solutions that are needed by organizations today. Their technology partners include the likes of Snowflake, ThoughtSpot, Talend, Alation, Dataiku, erwin by Quest, Denodo, AWS and Hewlett Packard Enterprises.
Edgematics has been recognized for its achievements across the Middle East, including awards such as “Most Innovative Data Monetization Solutions Provider” by the International Finance forum, one of the “Top Technology Companies in the UAE” by CIO Review, “Top 5 Dynamic CEOs ruling the Modern Industry” by CIO Times, “Middle East Partner of the Year” by Talend and ranked as one of the “Top AI Companies” by DesignRush Media.
Bharat Phadke, Chief Executive Officer at Edgematics says: “Across industries, decision making has become more complex, and businesses are increasingly relying on advanced data analytics and AI to ensure insight driven, rapid decision making. Beyond advanced technology capabilities, Edgematics brings our clients a co-innovation mindset with the right mix of technology and consulting skills, and a client-centric innovation culture to help our customer be successful.“
According to a research study by Markets and Markets (2022), the data monetization market is forecasted to grow from USD2.9 billion in 2022 to USD7.3 billion in 2027. North America holds the largest share of this market because of the growing investment that companies are allocating towards their digital and technology needs. Data is one of the most valuable commodities in the world today, and more companies are realizing the value and impact that their data has on their continued growth and sustainability. It requires specialized knowledge and expertise to turn enterprise data into valuable insights and an asset that can be monetized – hence, why more organizations today are turning to companies like Edgematics to manage their end-to-end data needs, allowing these organizations to reach new heights through the power of data.
To learn more about Edgematics and their Managed Services, visit www.edgematics.ai and book a discovery call with their experts.
Markets and Markets (2022) Data Monetization Market worth $7.3 billion by 2027 [online] available at: https://www.marketsandmarkets.com/PressReleases/data-monetization.asp#:~:text=North%20America%20holds%20the%20largest%20market%20size%20in%202022&text=The%20adoption%20of%20the%20data,of%20companies%20on%20digital%20solutions.
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About Edgematics
Edgematics is a niche and focused all-in-data company specializing in providing data monetization services, solutions and frameworks to support clients through digital transformation and change management initiatives, with an AI-enabled data governance approach to maximize investments from data assets. Edgematics is headquartered in the UAE, with operations expanding across the North America, United Kingdom, India and Saudi Arabia. For more information, visit www.edgematics.ai
For media inquiries, please contact:
Kirsten Kopke
Corporate Marketing and Communications
E: kirsten.kopke@edgematics.com
Edgematics Technologies
The Offices 3, Level 3, One Central
Dubai World Trade Center, Sheikh Zayed Road
Dubai, United Arab Emirates
T: +971 4 526 4870
