CEO Nadir Ali of Sysorex Global Holdings Corp (SYRX) says that over the past two years, the company has changed its focus from IT services to data analytics and location-based products.
“Our focus really is all about the data analytics. You hear a lot about Big Data today from a variety of companies, and our positioning in the marketplace is that Sysorex blends digital data — which you would collect from traditional sources, whether it’s enterprise apps or your website, etc. — with real-world data. And what I mean by real-world data is location or temperature or other data in the environment around you,” Ali says.
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Ali says Sysorex is focused on blending the real world and digital world together to complete a data set for a company to look at, and generating analytics that result in actionable insights from that data. He says the company’s three acquisitions have resulted in a wide range of customers.
“It’s over 1,500 customers that vary from life sciences to online gaming companies to high tech, retail, newspaper and media publishing companies and, of course, Federal government agencies, which is where Sysorex started out. Not every customer is buying something every year from us, but we typically have a 60% customer-repeat rate, and I would say 25% to 30% of our revenues are recurring,” Ali says.
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