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TVS Invests 3.2 mn USD in Analytics Company Predictronics
August 19, 2019
This Saturday, TVS Motor Company said that its Singapore arm has invested 3.2 million USD in US-based Predictronics Corporation which provides advanced analytics solutions. The company said that definitive agreements with Predictronics Corp have been signed by TVS Motor (Singapore) Pvt Ltd.
Predictronics Corp deploys technologies like big data, industrial AI, predictive analytics, and Industrial Internet of Things (IIoT) in production planning, product quality, etc. for industrial operations.
Predictronics Edzel Lapira said, “TVS Motor Company is an ideal strategic investor and partner for Predictronics with the forward-looking vision, dedication, and a clear business case for harnessing the power of advanced analytics technologies.”
Photo credit: Got Credit on Visual Hunt / CC BY
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