Leeds-based data analytics specialist opens first international office
Business intelligence (BI) and data analytics software developer Panintelligence has opened its first overseas office in Boston, USA.
The move, which follows several US contract wins and a year of market research and business development, will see the firm based at the Cambridge Innovation Centre’s Milk Street site in downtown Boston.
CEO Zandra Moore said: “The US has been of interest for some time, as UK clients were increasingly deploying our platform across borders with many users based in the US.
“After meeting with market experts from the British Consulate in Boston, and visiting the city twice and testing the water, it’s been an easy decision to invest in opening the doors of our first overseas base in Boston.
“The tech community there is vibrant and exciting. With so many developers and resellers who need smart data tools, it’s a perfect region to expand into as we scaleup.
“The fact that there are also tech and fintech experts within DIT’s consulate there has also really helped us get early traction.”
The Panintelligence software platform enables businesses to use their own data in almost any format to drive strategic decision making, helping them lower costs and visualise trends and performance securely, on any device and in real time.
The Panintelligence Pi software, a highly-secure cloud-based BI and analytics platform, was originally developed in the credit and banking sectors.
The software now has more than 200,000 users worldwide and is white-labelled across a range of industry sectors, from retail and education to local government and healthcare, to provide real-time BI dashboards and predictive analytics.
The business, which grew revenue by 40 per cent in 2018, employs 37 staff at its Leeds head office. Initially the Boston office will serve as a base for staff seconded from the UK, and the company expects to recruit a team of four in-market by the end of 2020.
Founded in 2014 following an MBO led by Moore and Miller, the business was originally part of Leeds-based financial services firm Pancredit.
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