Securekloud Tech stock rallies over 3% on launch of AI powered data analytics platform 'DataEdge'

20 Jul 2022 , 02:42 PM

SecureKloud Technologies on Wednesday has launched a cloud-based data analytics and AI engineering platform named DataEdge, that enables enterprises to power insight-driven decision-making capabilities. 

The DataEdge platform signifies highly modular, scalable, and API-driven results to unlock data-powered insights. Configured to HITRUST norms, DataEdge is a zero-code platform, that can be easily deployed in hours with zero development time.

As highly growing number of enterprises look toward harnessing the full potential of their data, they are looking for easy-to-use, highly flexible, and scalable infrastructure platforms to speed up their data-driven digital transformation journey. As in demand, DataEdge platform’s advanced analytics capabilities allow the users to process even the most complex queries in minutes rather than days.

Being platform agnostic, Data Edge works positive for all cloud architectures irrespective of them being built on AWS, Azure, Google Cloud, etc.

“With the exponential data generated across industries, there is great demand for a scalable and secure platform led by AI engineering and analytics to ensure data. With DataEdge, we are meeting the market expectations and catalyzing by minimizing the OPEX costs by 80% and driving a easy go-to-market by 90%” said Anand Kumar, Chief Revenue Officer at SecureKloud Technologies Limited.

At around 2:42 PM, Securekloud Tech was trading at Rs75.60 per share higher by 3.07% on the BSE.