Peracton Ltd, a spin-out start-up of NUI Galway’s Digital Enterprise Research Institute (DERI), features in a new book by SOGETI, titled Seize the Cloud, which offers guidelines to successful cloud computing.
The publication is targeted at business professionals in finance and introduces them to cloud-based technologies. The book also discusses how a range of companies have employed cloud computing to improve their business.
Peracton has developed MAARS technology, which helps solve complex business and analytical issues in the investment management and the retail banking space. The company’s MAARS technology product range includes solutions for mutual funds selection, stock watch list, ETFs and other complex financial products.
The technology was initially developed within DERI at NUI Galway and through Peracton. The original MAARS technology development research has been funded by Enterprise Ireland and Science Foundation Ireland.
A report by Forrester in 2010 claimed that Peracton’s MAARS was the Hot Technology to Watch for 2010. A Forrester excerpt states: "Focusing on solving the core industry-specific business problems is the next big wave in the tech industry. Nowhere is it more evident of technology’s unique role in solving business problems than in the highly tech-dependent banking market."