TransUnion announced it placed 6 on the 2016 InformationWeek Elite 100, recognizing the company as one of the nation’s most innovative IT organizations for the implementation of its Shared Analytical Processing Environment (SHAPE).
SHAPE allows TransUnion to orchestrate data, tools and capabilities into one environment, where it is studied and researched by analysts, data scientists, product developers, and quantitative analytics experts. As part of the company’s IT backbone, SHAPE empowers technology innovation at the intersection of data and decisioning. A prime example of the power of SHAPE is last month’s introduction of PramaSM — a powerful analytics platform that changes the way companies explore data and act on insights.
“Being named to this prestigious list is a clear validation that we are a global information solutions provider that is enabled by technology and innovation,” said Jim Peck, president and chief executive of TransUnion. “People need more and more information to make smarter decisions — and this means access to the most advanced technology to manage that information. We’ve been transforming our technologies with a vision of enabling our customers to stay ahead of key industry trends. As a result of our investment, SHAPE is being recognized as a powerful platform for creating some of the world’s most impactful big data technology solutions, beginning with Prama.”
“SHAPE is a critical component of the technology engine behind TransUnion,” said Mohit Kapoor, TransUnion’s chief information and technology officer. “Prama leverages the SHAPE platform to harness massive underlying data assets and applies analytics to give customers the direct access and ability to make better decisions, and operationalize those decisions more effectively. It’s a fantastic example of how innovative technology is put to work for the customer — providing them access to decision-making information with unprecedented ease and speed.”
The InformationWeek Elite 100 tracks the IT practices of the nation’s most innovative organizations and examines the business strategies of these firms across core areas of operations, including technology deployment, IT budgets, business technology infrastructure and strategies. Open to enterprises with $250 million or more in annual revenue, as well as government agencies, the 2016 Elite 100 represents InformationWeek’s 28th year ranking the country’s most tech-savvy user companies.