Saama Technologies Awarded Prestigious Maharashtra IT Award for Innovation and R&D

MUMBAI, India, Aug 20, 2010 Business Intelligence (BI) IT leader Saama Technologies today announced it was awarded the prestigious “Maharashtra IT Award for Innovation and R&D in Information Technology for 2010” for its ground-breaking work in the area of predictive analytics. The award was presented by Shri Ashok Chavan, Hon’ble Chief Minister, Maharashtra State today at the Yeshwantrao Chavan Pratisthan Auditorium in Mumbai. Shri Rajendra Darda, Hon’ble Minister of Industries was also present along with many other Government dignitaries.

“It is such an honor to receive this award,” said Suresh Katta, worldwide CEO and Founder of Saama Technologies. “It represents and recognizes the efforts Saama has put into realizing our vision of revolutionizing the way business intelligence is disseminated through the enterprise.”

The Maharashtra IT Awards are awarded each year to IT Companies who deliver pioneering services and solutions in the field of Information Technology. Saama Technologies’ India Managing Director, Samir Dadia accepted the award on behalf of the firm, for its work in developing proprietary processes, methodologies and solutions which enable organizations to easily access and consume information.

According to Dadia, Saama has recently filed five patents in the area of data management and has been acknowledged by leading analyst firms for its leadership role in the industry.

“Saama continues to develop new and improved methodologies and tools to enable commercial and public sector organizations to make better decisions based upon data. For example, hundreds of US law enforcement agencies – federal, state and local – are using our products and proven approach to speed access to critical data to improve public safety and conformance with federal standards.”

Katta continued, “We continue to make very serious R&D investments in the BI space, to the tune of many thousand man months. These include our efforts in product development, solution creation, and consulting processes – all of which are executed from our Pune facility. The underlying objective of our efforts is to help companies align their business objectives to their BI technology initiatives, ensuring a high degree of success.”

About Saama Technologies Saama Technologies, Inc. is a pure-play business intelligence solution provider that has revolutionized the way organizations make decisions through business intelligence. Since 1997, the company has combined its extreme BI technology expertise, unique intellectual property portfolio and strong relationships with the industry’s leading technology providers to deliver pure business intelligence to the world’s largest information-focused organizations. Saama’s customers are Fortune 500 organizations within a wide range of industries, including life sciences, technology, financial services, and the public sector. For more information, visit www.saama.com.

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