Alternet Systems, Inc. (OTCQB: ALYI) knows that the business
of data analytics is used to gain insights that inform business decisions and
can be used to automate and optimize many of today’s complex business
processes. The company also knows that data-driven companies treat their data
as a corporate asset and leverage it to deliver unique, competitive advantages.
It is for many of these reasons that ALYI has recently launched a data
analytics division. It is one of the many ways in which the company intends to
build shareholder value – by helping companies, big and small, find gold data
nuggets which, in turn, are used to grow their respective businesses.
In a recent news release, Henryk Dabrowski, CEO of Alternet
Systems, stated, “Alternet has a successful history of developing and
commercializing young digital commerce technologies. We are now building upon
that history to develop and commercialize an expanded portfolio of new key
technologies in the burgeoning big data analytics sector. We quietly started
the expansion last year after the successful sale of our mobile wallet
solution. We anticipate our new Data Analytics Division to build upon the
revenue base we established in 2015 from our digital commerce operations
throughout the course of 2016.”
Big Data, or data analytics, refers to the growing business
of using the variety of data present within different sources to uncover
individual and group behaviors. Examples include exploring data to find new
patterns and relationships, explaining why a certain result occurred
(statistical analysis, quantitative analysis), experimenting to test previous
decisions (A/B testing, multivariate testing) and forecasting future results
(predictive modeling).
Alternet Systems, Inc. invests in innovative ways to manage
digital commerce, information and payments. As the world finds itself becoming
more and more dependent on technological conveniences, ALYI is investing in
verticals within the digital commerce space, transforming the legacy electronic
payments infrastructure and developing advanced predictive data analytics
applications for the mass consumer, as well as the telecommunications and
financial industries. The company’s entry into the business of data analytics
aims to increase the future of money’s role in the global demand for these
services. Alternet Systems, Inc. is headquartered in Miami, Florida.
For more information, visit www.alternetsystems.com
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