Company’s new next generation analytics solutions win customers in biopharmaceuticals, fraud prevention and online gaming

PALO ALTO, Calif.–(BUSINESS WIRE)–Sysorex (NASDAQ: SYRX) today announced the signing of a trio of customers for the company’s enterprise big data analytics solutions. The customers — a billion dollar biopharmaceutical firm, a leading online fraud prevention company, and one of the world’s leading interactive video game developers — are among the latest to choose Sysorex to help them sift through and capitalize on the huge volumes of business data they generate every day.

“Although in different industries, all of these organizations are similar in that they have extraordinary amount of complex and detailed data that can be leveraged to improve the business if their people could just get a handle on it,” said Sysorex CEO Nadir Ali. “Sysorex’ big data analytics solutions are specifically designed to help these kind of data-driven businesses quickly analyze incredible amounts of information, uncover patterns, and create new revenue opportunities.”

While the specifics on how each of the three organization will use Sysorex’ solutions is confidential, the general applications are as follows:

  • the biopharmaceutical firm will be analyzing data to identify, develop and commercialize new pharmaceutical products for numerous medical applications worldwide;
  • the online fraud prevention company plans to use Sysorex to track millions of transactions and billions of Internet-connected devices to assess risk and detect fraud;
  • the online gaming developer will be analyzing the behavior of over 100 million players to assess activity and improve in-game experience.

“Sysorex’ big data analytics isn’t a ‘one-size-fits-all’ system like many other analytics are trying to be,” Ali said. “Our focus is on data intensive industries where the complexity of the information gathered has often made it too difficult to leverage with traditional tools and systems. That includes parsing a lot of non-standard information based on human behavior like online shopping, gaming and even mobile phone activity. We’re all about refining super-complex raw data and turning into actionable information,” he added.

The new customer wins join a growing list of Sysorex clients in data-centric industries including retail, hotels and resorts, software development, and healthcare.

“We’re really pleased to have the kind of success we’ve had with data-driven organizations so quickly,” Ali said. “I think it’s a real testament to our ability to solve complex business problems with a unique approach to big data analytics.”

About Sysorex

Through focused, custom technology solutions, Sysorex (NASDAQ:SYRX) provides cyber security, data analytics, cloud solutions, Mobile/BYOD solutions and strategic outsourcing to government and commercial clients in major industries around the world. From identifying security risks to helping clients realize value from their big data strategies, Sysorex has the experience, technology, partners, and agility to be your trusted IT partner. Visit www.sysorex.com, follow @SysorexGlobal and Like us on Facebook.

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All statements in this release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of the registrant and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic and current reports and registration statements available for review at www.sec.gov. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.

Contacts

Sysorex:
Sage Osterfeld, +1 410-290-3446
sosterfeld@sysorex.com
or
Sysorex Investor Relations:
CorProminence LLC
Scott Arnold, +1 516-222-2560
Managing Director
www.corprominence.com