ESI Group: Acquisition of Mineset Inc., a Big Data Visual Analytics and Machine-Learning Specialist

PARIS–(BUSINESS WIRE)–Regulatory News: ESI Group (Paris:ESI): Alain de Rouvray, ESI Group’s Chairman and CEO, comments: “This acquisition complements the recent integration of Picviz Labs (now ‘INENDI’) and its technology for big data mining. Combining INENDI’s data correlation detection with Mineset’s pattern recognition, and linking both to ESI Group’s Virtual Prototyping solutions, provides a new transformative process and source of value creation, particularly in the traditional Virtual Engineering domain.While the exponential growth of the Information and Communication Technologies (‘ICT’) finds an accelerated usage in all economic domains, it also generates massive amounts of data (‘big data’). This trend imposes a critical pressure on industrialists confronted with the need to link virtual simulation models to the real world data of the Internet of Things (‘IoT’). To innovate effectively and competitively, it has…


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