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BearingPoint Makes Investment in Analytics Software and Services Firm, Effiscience

European management and IT consultancy, BearingPoint, has made a controlling investment in business analytics software and services firm, Effiscience. BearingPoint acquired 51% of Effiscience, the parent of HyperCube. The firm says the transaction will help it address business performance challenges facing clients as they figure out how to more effectively process the ever-expanding stores of data generated by business processes. The HyperCube non-statistical approach to data analysis has incorporated more than fifteen years of advanced mathematical research into its development. Clients span a number of industries, with concentrations in pharmaceuticals, biotech, financial services and communications. BearingPoint currently employs around 3,200 staff in 15 countries. (340 words) . . . (to read the remainder of this article, please log in below.)
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