Flutura Decision Sciences and Analytics

Posted on By Experte

Flutura Decision Sciences and Analytics is an industrial Internet of things (IoT) company that focuses on machine to machine and big data analytics serving customers from manufacturing, energy and engineering industries. Its main offices are located in Palo Alto, California and has its development center in Bengaluru, India.

History

Flutura was co-founded by Krishnan Raman, Srikanth Muralidhara, and Derick Jose, in February 2012. Raman, formerly from Mindtree , became the chief executive. [1] The word ‘Flutura’ means butterfly in Albanian. Flutura developed software called Cerebra, announced by 2013. [2]

A Henkel factory in China was using Cerebra in 2016. [3] The same year, Hitachi announced it would sell the software in Japan. [4] The company announced US $ 7.5 million of venture capital in February 2017, led by the sovereign wealth fund of Singapore’s Temasek Holdings . [5] [6]

References

  1. Jump up^ “Krishnan Raman: CEO, Flutura” . E-Commerce Summit promotional site . VC Circle . Retrieved May 21, 2017 .
  2. Jump up^ Benita Matilda (October 3, 2013). “Flutura Solutions: Help ‘See’ Previously ‘Unseen’ Patterns” . CIO Review . Archived from the original on October 16, 2013 . Retrieved May 21, 2017 .
  3. Jump up^ Sumit Chakraberty (October 12, 2016). “This Indian IoT Product In China Shows How Factories Will Be Part Of The 4th Revolution” . Forbes . Retrieved May 21, 2017 .
  4. Jump up^ “Hitachi High-Tech Solutions partners with Flutura to bring Industrial IOT intelligence to Japanese businesses” . Press release . Hitachi. September 15, 2016 . Retrieved May 21, 2017 .
  5. Jump up^ Sumit Chakraberty (February 12, 2017). “Behind India’s largest series A round in IoT: how Flutura thing its investors” . Tech in Asia . Retrieved May 21, 2017 .
  6. Jump up^ Shadma Shaikh (February 13, 2017). “IoT data analytics firm Flutura raises $ 7.5M led by Vertex Ventures” . Economic Times India . Retrieved May 21, 2017 .