Ivan Teh and his firm Fusionex International, offer an usual and highly successful path in reaching the heights in the cumulative growth rate since its launch in 2006.
Selangor MY, Malaysia – July 10, 2018 /MarketersMedia/ —
Fusionex International and Fusionex founder are pleased to announce that the AIM-listed big data company began in 2006 with little more than the efforts and vision of Teh, and has achieved an astounding 1,000 percent cumulative growth rate in the ensuing years. Perhaps even more notable is the fact that Fusionex used no angel funding or venture capital sources. The only source of funding was cash from satisfied customers and clients. During the initial six months following the launch, Ivan typically put in eighteen-hour workdays to identify customer needs, as well as to build effective software platforms.
In a recent discussion with an interviewer, the Managing Director explained, “I was resolved to provide my customers a solution which could be easily utilized in order to make sense of their masses of data. It is easy to become confused when looking at the many big data options available. Most companies don’t want to do the work required, and may not have the necessary skill sets to do the job. This was my starting point.”
“If you have tried to do the work of solving complex problems while making the solutions easy to use, you will understand the difficulty of the task I set for myself. I did everything from preparing the templates to coding the software to completing documentation” he says. “The positive aspect of that experience was the intensity and challenge of the period. I never was bored.”
In December 2012, Fuxionex was listed on London’s Alternative Investment Market (AIM). During the pre-IPO contact period, an overwhelming 38 of the 50 institutional investors who were approached came on board. Fusionex had US$62.8 committed to it, with the IPO offer oversubscribed by 300 percent. Ivan made the decision to take only US$18.9 million, which gave the firm immense credibility. There were no selling shareholders on the company’s IPO. https://www.businesswire.com/news/home/20180627005468/en/Higher-Learning-Institution-Leveraging-Fusionex-Data-Technology