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Sunday 9 April 2017

Wynyard getting ready for second stint following procurement



LUXEMBOURG April 09: Luxembourg-centered investment enterprise, Boundary Holding SARL SPF, has accomplished the procurement of Wynyard Advanced Crime Analytics software from the New Zealand-based software company, Wynyard (NZ) Limited. Boundary Holding has also procured the Trademark “Wynyard” and Logo and several authorizations of the New Zealand based software company Wynyard group. The fresh proprietors have adopted the duty of Wynyard Advanced Crime Analytics functions and are already in the course of revitalizing its fortunes. Boundary Holding is administrated by computer scientists- turned-entrepreneurs, who have masters from the University of Texas at Austin, and have numerous trades in data safety, analytics and homeland protection.
To sustain stability, all present clients utilizing the Wynyard Advanced Crime Analytics products will be given frequent sustenance and long-term product roadmap. The new administration has assured to defend the cultural uniqueness of the company. Boundary Holding has businesses in the United States, United Kingdom, Canada, Middle East, Australia as well as New Zealand. The new head office for Wynyard Advanced Crime Analytics will be centered in Switzerland with R&D hubs in Switzerland, India as well as New Zealand. The System integration and support hub will be based out of India with local backing in appropriate markets. In six months, an expansion group of 100 engineers will guarantee advancement of prevailing products, as well as advance novel ones. Since Boundary Holding had earlier possessed businesses in big data analytics space, there will be assimilation of those abilities into Wynyard. Novel and prevailing software engineers at the business are already modeling novel uses. ‘Cyber Crime Investigation and Analytics’, ‘Case intelligence analytics’, ‘Sociosphere (Social media analytics)’, ‘Aurosphere (Facial and video analytics)’, and ‘Vocosphere (Voice pattern analytics)’ are several of the novel products in the pipeline.

The Wynyard Group was put into Voluntary Administration on 25 October 2016 and then in Liquidation on 8 February 2017. It had been effectively giving peril, amenability, and audit and examination software to customers, both in New Zealand and globally.

In peak health, Wynyard Group sustained a robust team of workforce members comprising chiefly of software engineers and technologists from across the board.

Rajat Khare, founder & CEO of Boundary Holding SARL SPF, revealed: “A lot of people ask me why we took the risk of investing in a company in loss. Well, it was a part of our larger strategy to integrate our various analytics businesses together under one umbrella and revolutionize the use of data analytics for public safety and smart cities. Wynyard Advanced Crime Analytics is a solid product, and now with Boundary Holding has a new vibrant team and a world class advisory board. Its failure is not reflective of its potential and we recognize that. The company had a bold vision of building a global big data and crime analytics platform.”

He commented “We are committed to building industry leading applications with best-in-class capabilities for risk assessment, risk management, audit and compliance, and investigations.”

Rajat furthermore remarked: “We will invest millions of dollars in making a modern data and crime science center of excellence, as well as focus on a strong ‘system integration’, where all the components and applications operate seamlessly. Diagnostic and trouble-shooting work will be a key area for us in the beginning and system integration engineers would play a major role.”

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