2013 TiE50 Company Profile

  
Company: FORMCEPT
Location: 12 A Srinivasa, 2nd Main, Govinda Reddy Layout, Bangalore, Karnātaka, India - 560076
Website: http://www.formcept.com
 

Overview:

FORMCEPT is a start-up in the area of Big Data Analytics. The timing is right for starting this new venture as the data growth is in exponential trajectory and data analysis is gaining momentum. The volume of data being generated is not only very high, but also of various types and highly unstructured.
 
FORMCEPT is an effort to make data analysis accessible to everyone, be it an enterprise, an individual or a device. We are on a mission to be `Your Analysis Platform`. We are building a Big Data Analysis platform, called MECBOT (Management and Enhancement of Content BOT) that can empower existing data analysts and data scientists of an organization to extract insights out of data faster, thereby significantly reducing the time taken to convert data into decisions.

The platform provides batch processing, interactive analysis and stream processing capabilities out of the box. Five key pain points that MECBOT addresses are-
 Harmonization of Data from Structured, Semi-Structured and Unstructured Data
 Scalable Storage of Data
 Semantic Enrichment of Data 
 Query and Delivery of Data
 Visualization of Data

What We Sell 
i) Platform supports both in private cloud and on-premise installation with an option to pay a fixed monthly cost or pay-as-you-use model.
ii) FORMCEPT will also engage with the customers to develop custom applications and provide consulting services.

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