Analytics and its growing use in many industries is unlocking new possibilities and the true potential of these cutting-edge and breakthrough services. SaaS services, while relatively recent, are transforming and improving many business processes and functions. Because of the specialized nature of business processes, deep expertise is needed to provide SaaS solutions and help transform and manage them.
Pegasus Knowledge Solutions Inc. (PKSI) is one of the pioneers in this industry, providing unmatched and unparalleled analytics solutions. They are also working on several SaaS solutions to enable enterprises to make the best use of analytics, drive their company to achieve the desired goals, while reducing costs and overheads. Their services are innovative and transformational, backed by a team of specialists, pooling in their decades of combined experience in varied industries and domains, packed with extensive knowledge of the latest industry trends and practices.
These are some of the many factors that make PKSI a leader in the Analytics domain. PKSI is one of the most successful companies in the HR analytics domain; read more to find the insights and the journey of Pegasus Knowledge Solutions Inc., featuring as the cover story of The Most Recommended HR Analytics Solution Providers in 2021.
The Company, the Journey – Pegasus Knowledge Solutions Inc.
PKSI was founded over 20 years by two engineers – Supreet Singh, and Srini Voruganti. The company was founded with a vision and mission – to leverage leading-edge technology platforms to provide just-in-time technology services and solutions to their Fortune 1000 clients.
Several years ago, the founders saw the growing need for businesses to get deeper insights from the data in their business systems. In the late 90s and early years of the 21st century, businesses invested heavily in sophisticated ERP, HRIS, and CRM systems to gain 360-degree control of their operations. PKSI engaged with many such midsize and large organizations to help them successfully deploy and manage these systems.
Following this period, businesses realized that they now had access to a wealth of data on their operations and began mining their internal transactional and operational data for insights. Thus, began the period of deploying data warehouses and Business Intelligence systems. PKSI has been involved in many such successful initiatives across multiple industry verticals.
It soon became clear that these data initiatives, while being extremely necessary, were ponderous, expensive, and time-consuming. Further, businesses realized that they were not able to reap the full benefits promised by ERP Software systems, namely a data-driven management of strategy and operations. Pegasus Knowledge Solutions Inc. along with other industry experts saw the need for deeper, faster insights from data and turned to advanced techniques like data science, machine learning, and text mining to provide faster, deeper insights.
The goal was not just to look back at historical data and analyze what happened but to leverage Artificial Intelligence techniques to look forward and predict and forecast trends into the future. This trend was accelerated and fuelled by the growing availability of cloud-based data environments.
Pegasus Knowledge Solutions Inc. embraced this trend and started a center of excellence for AI and advanced analytics to research and implement AI technologies for analytics. The company also established partnerships with leading-edge analytics technology and data platforms including SAS, IBM, Pitney Bowes among others. This enabled PKSI to gather deeper insights into the analytics needs of midsized and large organizations.
In 2020, PKSI was awarded the SAS Global Excellence in Innovation Award for the Advanced Workforce Analytics Solution.
The Unmatched Services of PKSI
PKSI offers services and turnkey solutions for helping their customers drive value and better business outcomes by deploying cutting-edge tools and technologies, with services delivered by skilled professionals and thought leaders. While many firms are now in the AI space, PKSI had a head start and established strong industry partnerships many years ago with leading platform providers like SAS and IBM.
Based on their clients’ needs, they have also developed end-to-end SaaS (Software as a Service) Solutions for AI-driven Banking Analytics and Workforce Analytics.
Pegasus Knowledge Solutions Inc. is always pursuing and pushing towards excellence in everything they do and is constantly working on enhancing the effectiveness and use of their services. They are also striving to not only bring breakthrough and cutting-edge services but also keeping efficiency and feasibility in check, so their clients can fully utilize and integrate their services, to extract the best results and fuel their growth and development. They can do so by listening to their clients, employees, and partners.. According to its founders, PKSI is constantly researching new technologies to identify market needs and innovate new products and services.
