Home Data Australian prescriptive analytics firm enters US market

Australian prescriptive analytics firm enters US market

Australian prescriptive analytics company Veriluma has expanded into the US through a partnership with the American company Diamond Capture Associates and will now be able to bid for US government contracts.

Veriluma’s technology works in cohort with big data and business intelligence tools to provide solutions to a range of critical business and government problems and decision-making scenarios.

Diamond Capture Associates is a software-as-a-service solutions integrator focused on fraud detection and authentication, advanced analytics, enterprise solutions, cyber security and mobile security and business intelligence.

It works with the US government on national security issues, including fraud detection and counter-terrorism.

The partnership came about because of the efforts of Veriluma global vice-president of public safety Mark Carrick, a former NSW Police Force Counter Terrorism Intelligence Commander, Diamond Capture president Bailey Spencer and former Special Agent and national security expert John Cassara.

Veriluma chief executive Elizabeth Whitelock said “Our partnership with Diamond Capture and John has opened up exciting opportunities for Veriluma in the US market.

"Through previous shared projects, they have tested the market and its willingness to deploy solutions like ours in US federal government projects, allowing for easier penetration of the market.

“The deal will help US government departments use prescriptive analytics to make better decisions when working through complex national security and counter-terrorism issues.

“This is a natural progression from our Australian Defence Force intelligence roots. Through our unique public safety portfolio, we will leverage access to the US federal government that Diamond Capture provides.”

Said Spencer: “We are pleased to be partnering with Veriluma to bring the power of prescriptive analytics to the US national security sector.

"Given the major threat of global terrorism and the complexity of identifying and disabling the financial networks that support terrorism, we see enormous opportunity for Veriluma to support decision-makers in developing anti-terrorism policies."

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Sam Varghese

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A professional journalist with decades of experience, Sam for nine years used DOS and then Windows, which led him to start experimenting with GNU/Linux in 1998. Since then he has written widely about the use of both free and open source software, and the people behind the code. His personal blog is titled Irregular Expression.

 

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