Saama Technologies plans expansion

PUNE: Data analytics solution provider Saama Technologies announced that it would be investing $2 million in the near future to expand its presence in India. The company has just announced its latest expansion to a new 45,000 sq ft facility in a Special Economic Zone (SEZ) in Pune.

Suresh Katta, CEO and founder, Saama Technologies said, "We are building on our 18-yearsuccess and expertise, and our unique analytics acceleration engine to deliver unparalleled speed to value and specificity of distinct, strategic business outcomes for our customers." The company will also be increasing its headcount from 650 at present to 1000 by the end of the year.

Vasant Shetty, Vice President of India Operations, Saama, said, "We see the city as a concentrated talent hub that is firmly in the limelight today and will continue to outpace other data science centers for years to come. We are pulling from a strong technology and analytics culture here that is bred from leading universities in the region. The company has invested $2 million in creating this new infrastructure."

The company operates primarily in the insurance, CPG, high tech, lifesciences and healthcare sectors.