DALLAS, Aug. 28, 2013 /PRNewswire/ -- SourceHOV, a global provider of transaction processing solutions, strategic consulting and data analytics services, today announced the launch of its new business unit, Alpha Analytics. Alpha Analytics brings together data analysis, business intelligence and data science to create greater value for organizations. With its extensive portfolio of solutions to a wide variety of industries including healthcare, financial services, legal, government and many other commercial entities – including more than 50% of the Fortune 100 – SourceHOV can help solve business problems with techniques and methodologies that enable clients to increase their ROI on their analytics investment.
"Today, and in the future, an organization's success will be defined by how well it applies analytics. In fact, analytics-driven companies outperform their peers by a wide margin," explained Mark Pitts, SVP, Analytics, SourceHOV.
Mark recently joined SourceHOV as a senior vice president and leads the development and delivery for solutions offered through Alpha Analytics. Mark brings over 25 years of experience solving business problems with technology and analytics. Prior to joining SourceHOV, Mark was Director of Data Science, Solutions and Strategy for United Healthcare, where he championed big data analytics and implemented high-performance, massively-parallel data technologies. Mark led the creation of solutions with billions of dollars in impact that have been recognized with a variety of awards, including the InformationWeek 500 and the UnitedHealth Group Innovations Award.
"We are excited to launch this high-value business unit and are thrilled to have Mark providing the executive leadership," stated Ron Cogburn, CEO, SourceHOV. "Many companies talk about utilizing data to provide enhanced value to customers, but few can truly bring together the technologies, methodologies and talent needed to reap the rewards of the big data revolution. By combining the large amounts of data we manage with the nationally recognized thought leadership and experience Mark brings to our organization, we have created the next generation of value for our customers."
SourceHOV is a global provider of transaction processing solutions, strategic consulting and data analytics services that are delivered through innovative technology-platforms and offer streamlined workflows based on specific business rules. The company's services and solutions result in improved quality and increased efficiency and can be coupled with data analytics that are intended to provide critical quantitative insight to enhance business intelligence and support effective decision making. SourceHOV's global workforce is made up of more than 12,500 employees operating in 80 delivery centers in six countries including the U.S., Mexico, Canada, India, China and the Philippines.