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Walden International Chairman & Founder Lip-Bu Tan joins the advisory board of IQLECT

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Bangalore, INDIA 15 th Nov 2015:-IQLECT, a converged big data platform company headquartered in Bangalore today announced that it has appointed Lip-Bu Tan to its advisory board. Lip-Bu Tan is Chairman and Founder of Walden International (WI) and has been active in the venture capital industry for the past two decades. Additionally, he introduced and pioneered the U.S. venture capital concept in Asia and contributed towards the promotion of early-stage technology investing in the Asia-Pacific region. Lip-Bu currently serves in the boards of HP Enterprise, Semiconductor Manufacturing International Corporation and Global Semiconductor Association. Sachin Sinha, Founder of IQLECT, commented “We are delighted to have Lip-Bu join our advisory board. His experience, knowledge and extensive network in the electronics industry will be of great help to IQLECT”

“IQLECT’s converged all-in- box solution for real time data analysis will simplify, and accelerate the big data analysis.” said Lip-Bu Tan. ”I look forward to work closely with IQLECT to make them world leader in real time analytics platform”

About IQLECT

IQLECT offers a hardware-software converged platform to provide actionable data insights in real time. Real time insights are the need of the hour for businesses such as e-commerce, financial services, web and digital media, personalized and targeted marketing, mobility and internet of things. However, it is difficult to setup such an infrastructure currently, since the available options are either costly or complex, requiring integration of multiple software components, which makes it necessary to spend months of effort just to get started.

IQLECT simplifies the overall proposition and offers a fully baked off-the- shelf software converged platform, either on the cloud or as a converged hardware-software all-in- a-box platform. The convergence of all necessary software and hardware in one box enables the users to get up and running in a few hours, thus making the proposition highly scalable, cost effective and easy to integrate and accelerates the time to market for enterprises.

The team at IQLECT represents the best of minds and leaders that come with decades of experience in this area from companies such as Amazon, IBM Research, Facebook, EMC, Informatica, Microsoft, Oracle, Yahoo, Novel etc. They have an academic background from reputed institutes like IITs, MIT, Berkeley, Univ of Utah, Univ of Wisconsin, Madison with B.Tech, MS and PhDs in Database and Analytic domains.

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