UST Global acquires ‘Cross-Platform Orchestration’ start-up Pneuron
India – February 22, 2018: UST Global, a California headquartered leading digital technology services company, today announced the acquisition of Pneuron. Founded in 2010, Pneuron is a Massachusetts based ‘Cross-Platform Orchestration’ start-up.
UST Global’s data engineering platform has been fastevolving with added features that simplify the traditionally expensive andtime-consuming process of procuring, integrating, and maintaining platforms,thereby ensuring solution agility, non-disruptive deployment, and acceleratedtime to value clients. The acquisition of Pneuron will help UST Global’s data engineeringwith a proven platform, cited by Gartner as a ‘Cool Vendor’ and by Forrester asa ‘Breakout Vendor’, to meet the company’s clients business needs with fastertime to market.
Pneuron was founded based on a set of business objectives,specifically, to help clients build, deploy, and run applications that requirecomponents of value from widely disparate and diverse set of platforms andtechnologies. The platform improves time-to-value and TCO by 50% when comparedto conventional approaches. Pneuron then pursued an architectural andtechnology strategy that delivers on that mission which provides exceptionalvalue to UST Global customers.
Niranjan Ram, Vice President, Industry Solutions, USTGlobal, said, “Data orchestration and transformation with agility and speedis a multi-faceted enterprise IT problem across verticals. We are happy toannounce the acquisition of Pneuron cross-platform orchestration platform thatwill help bridge this gap for our clients.”
Dr. Adnan Masood, Chief architect of AI & MachineLearning, UST Global, added, “The next generation Artificialintelligence and machine learning applications requires powerful ETL, betterdata quality, and transformation capabilities which can be ramped up quickly.Acquisition of Pneuron assets will provide strategic value to help clients, asa differentiator, with cost leadership and focus. We can acquire data, interactwith applications, perform analytics, deliver results in multiple ways allwhile giving clients significant ease, speed and flexibility.”