Tuesday, May 26, 2020

ABeam expands data analytics service with Singapore acquisition

Feb 13. 2019
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By The Nation

ABeam Consulting has concluded an agreement to acquire 70 per cent of shares in data analytics powerhouse LightStream Analytics in Singapore. The deal is part of an ongoing effort by ABeam Consulting to expand its data analytics service throughout Southeast Asia, starting in Singapore.

 The effort will continue with the purchase of all remaining LightStream shares by 2021.

Ichiro Hara, managing director of ABeam Consulting (Thailand), a subsidiary of ABeam Consulting Ltd, a global consulting company headquartered in Japan and specialising in digital transformation, disclosed that ABeam Consulting – the holding company in Singapore - has concluded an agreement to acquire 70% of shares in LightStream Analytics (Singapore).

 ABeam says expanding its data analytics service throughout Southeast Asia will allow it to further integrate data analytics into its business consulting services and enable ABeam Consulting to better support clients in business transformation.

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