Posidex Charts Expansion Plans

Update: 2024-11-04 19:41 GMT
Venkat Reddy (Posidex Technologies CEO), Venkata Datta Sai Gouravelly (ED), G T Venkateshwar Rao (managing director), PV Sindhu (Olympic medalist and Indian Badminton player) and Bhavani Shanker Chitoor (Posidex director) unveiled new identity of the company on Monday in Hyderabad. (Image: DC)

Hyderabad: Posidex Technologies, a Hyderabad-based deep-tech enterprise specialising in customer intelligence and data management solutions, announced its plans to expand into North America, the Middle East, and the APAC region.

Posidex now serves some private banks, NBFCs, retailers, depository, and government departments. Growth is underway in the US, Dubai, Singapore, Thailand, and the Philippines. “Our products meet stringent data privacy laws and cross-border data restrictions. Our data-secured, cloud-agnostic products are suitable for data challenges the global organisations are likely to witness,” said K Venkat Reddy, co-founder and chief executive officer of Posidex Technologies.

Posidex’s products PrimeMDM, Prime360, CLIP, Relate, and Screen enables secure, real-time customer entity resolution, record linkage, and intelligent insights. Posidex’s proprietary algorithm transforms customer data into secure tokens through a unique process. Its clients have reduced risk, enhanced compliance, and lowered infra costs up to 75 per cent, the company said.

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