Peracton features in SOGETI book 'Seize the Cloud'

Peracton Ltd which is a spin-out start-up of NUI Galway's Digital Enterprise Technology Institute features in a new book by SOGETI, titled ‘Seize the Cloud' which offers guidelines to successful cloud computing.

The publication is targeted at business professionals in finance and introduces them to cloud based technologies. The book as well discusses how a range of companies have employed cloud computing to improve their business.

Peracton has developed MAARS innovation which helps solve complex business and analytical issues in the investment management and the retail banking space. The company’s MAARS research product range includes solutions for Mutual Funds selection, Stock watch-list, ETFs and other complex financial products.

The research

The research was at first developed within DERI at NUI Galway and through Peracton. The original MAARS research development technology has been funded by Enterprise Ireland and Science Foundation Ireland.

A report by Forrester in 2010 claimed that Peracton's MAARS was the Hot Research to Watch for 2010. A Forrester excerpt states: "Focusing on solving the core industry-specific business problems is the then and there big wave in the tech industry. Nowhere is it more evident of innovation's in a class by itself role in solving business problems than in the highly tech-dependent banking market."