Saama Wraps Up 2014 with Addition of Stan Meresman to Board of Directors and Gartner Representative Vendor Recognition

Momentum builds for Saama as company adds to its esteemed board of directors and earns coveted inclusion as a representative vendor in Gartner’s Market Guide for Insurance Fraud Analytics Report

Saama Technologies, Inc., Aleading pure-play data and analytics solutions and services company, is wrapping up 2014 on a high note with the announcement that industry veteran Stan Meresman, current board member of major enterprises such as Linkedin and Palo Alto Networks, has joined Saama’s board of directors. In addition, the company is recognized in the recently released Gartner report, 2014 Market Guide for Insurance Fraud Analytics[i], just months after being included in two Gartner Hype Cycle Reports: Hype Cycle for Consumer Engagement With Healthcare and Wellness 2014 and Hype Cycle for Healthcare Provider Applications, Analytics and Systems, 2014.

“I am joining Saama’s board at a particularly opportune time,” said Stan Meresman. “Saama is in the right market at the right time with an impressive management team and solution portfolio poised for rapid growth. Saama’s analytics domain skills coupled with vertical expertise will continue to drive the use of analytics into core business processes.”

Saama is experiencing continued traction with its combination of expertise in advanced data and analytics, deep industry background, and ability to deliver fast and repeatable results. The renewed recognition as a key representative vendor by Gartner is a testament to Saama’s acumen for delivering high value data-driven innovation to its customers for better insights and optimal business outcomes.

As a well-known trusted advisor, Meresman will deepen Saama’s board with relevant, financial and data analytics expertise. He has provided board oversight for four companies through successful IPOs including LinkedIn, Zynga, Riverbed Technology and Polycom. As former CFO of Silicon Graphics and Cypress Semiconductor he has expertise with technology companies undergoing rapid growth. Meresman is a current board member of several industry-leading brands including LinkedIn, Palo Alto Networks, Zynga, HyTrust and Turn.

“As Saama advances our market leadership through innovative analytics that solve complex business challenges, Stan’s proven contributions as a board member will be a valuable asset,” said Suresh Katta, Saama CEO. “Stan’s ability to transform companies from a market leader to a global leader are ideal as we are poised to take the company to new heights in 2015 and beyond.”

Saama has ready-packaged solutions for insurance analytics including fraud as noted by Gartner, as well as analytics for churn, patient engagement, service, clinical operations, and customer buying patterns.