FutureTech has completed the acquisition of big data and data science company Ellicium Solutions. Founded in 2005 and headquartered in Atlanta GA, FutureTech Holding Company is a provider of Information Technology (IT) and IT Enabled Services with its strategic holdings in the healthcare, financial and technology sectors.
Kuldeep Deshpande, CEO of Ellicium, said – “It is our pleasure to collaborate with FutureTech to expand our customer outreach. We have grown organically and it is time to go in the big league with the help of global presence of FutureTech. We look forward to expanding our footprint in the BFSI, healthcare and manufacturing verticals by leveraging FutureTech’s vast experience in these areas.”
Speaking on the development, Sravan Vellanki, chairman of FutureTech stated, “With a deep expertise in AI and Data Science, Ellicium is well poised to capture market share and cross-sell to the existing customer base of FutureTech,” said Sravan Vellanki, chairman, FutureTech. He added that the company would continue to look at inorganic opportunities as it expands its offerings and geographical spread.”
FutureTech Holding is one of the sources of financial, technology and healthcare services for medium-size to enterprise companies. With a customer base of over a thousand accounts, FutureTech Holding is actively doing business in the United States, Mexico, Canada and India – and continuing to expand into new markets.
It partners with investors, entrepreneurs, customers, employees and vendors to create an eco-system for sustainability and innovation.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.