CyberTech Systems and Software, Inc. establishes a new subsidiary, named Spatialitics, Inc., in USA to focus on IP based growth opportunities
CHICAGO, June 5, 2018 /PRNewswire/ -- CyberTech Systems and Software, Inc. a next gen Spatial Analytics organization, announced that it has set up a wholly owned subsidiary, named Spatialitics, Inc., based in the San Francisco/Bay Area, USA. Spatialitics will focus on Enterprise GeoSpatial applications and analytics based on unique data and middleware technology - designed to unleash the operational efficiencies of enterprises.
Commenting on this decision, Mr. Vish Tadimety, Founder and CEO, CyberTech, stated, "The world-wide market for GeoSpatial Analytics is expected to grow at 21.4% CAGR and touch $72.2 Billion in 2020. Assisting enterprise customers with their shift to digital solutions by allowing data to be analyzed spatially to produce more meaningful analysis and results, has become a significant opportunity. We believe our Spatialitics Platform will enable CyberTech to rapidly create specific spatial offerings to Enterprise Digitalization. We continue to leverage our key strategic partners Esri and SAP in their go-to-market strategies, which will add value to the Company and our investors in the longer term."
Spatialitics' primary value proposition will be:
- Deliver significant ROI and enterprise digitalization efficiencies to clients.
- Platform that delivers complex Spatial Analytics leveraging composite data from a variety of sources including ERP, GIS, Healthcare Systems or CRM
- Vertical Industry Solutions for Law Enforcement, Healthcare, Smart Cities and Utilities
The first release includes GeoShield, Spatialitics Health and Spatialitics Utilities.
About CyberTech
CyberTech is a CMMI Level 3 Next-generation Spatial analytics and transformative geospatial solutions provider. CyberTech's Map-analytics based digitization products, including GeoShield, GeoCivic, Spatialitics Health and Spatialitics Utilities, cater to broad vertical markets. For more information and past results & conference call transcripts, please visit our web site www.cybertech.com or www.spatialitics.com.
Note: Except for the historical information and discussion contained herein, statements included in this release may constitute forward looking statements. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those that be projected by these forward looking statements. These risks and uncertainties include, but not limited to such factors as competition, growth, pricing environment, recruitment and retention, technology, wage inflation, law and regulatory policies etc. Such risks and uncertainties are detailed in the Annual Report of the company which is available on the website www.cybertech.com. CyberTech Systems and Software, Inc. undertakes no obligation to update forward looking statements to reflect events or circumstances after the date thereof.
Media Contact
Saumitra Banerjee
CyberTech Systems and Software, Inc.
+91 98300 44516
[email protected]
SOURCE CyberTech Systems and Software, Inc.
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