Helios and Matheson Analytics Inc. (HMNY)

Overview

Helios and Matheson Analytics Inc. was an information technology (IT) solutions provider that offered its services to Fortune 1000 companies and other organizations across the United States. The company catered to a variety of sectors, including banking, financial services, automotive, insurance, and healthcare, by delivering a wide range of IT services. Initially known as Helios and Matheson Information Technology Inc., it underwent a name change in May 2013, reflecting a broadened focus on analytics services alongside its traditional IT offerings. Founded in 1982 and based in New York, New York, Helios and Matheson Analytics Inc. was a notable player in the IT sector until it filed for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the Southern District of New York on January 28, 2020.

Products and Services

During its operation, Helios and Matheson Analytics Inc. provided an array of IT solutions, each designed to cater to the specific needs of its diverse clientele across various industries.

• Application Value Management - This service focused on maximizing the value of the client's application investments, ensuring they are aligned with their business goals and deliver optimal performance and efficiency.
• Application Development - Offering custom application development, the company helped clients build, deploy, and maintain applications that are critical to their business operations, leveraging the latest technologies to meet specific operational needs.
• Integration Services - Helios and Matheson excelled in integrating complex systems and applications, ensuring seamless communication and functionality across the client's IT landscape to improve overall operational efficiency.
• Independent Validation - The service provided independent verification and validation of software applications to ensure they meet all specifications and quality standards before their release or implementation.
• Infrastructure Services - Helios and Matheson offered comprehensive infrastructure management services, including cloud, on-premise, and hybrid models, aimed at enhancing the scalability, security, and reliability of the client's IT environment.
• Information Management - With a focus on managing and leveraging data, the company's information management services aimed to help clients make informed decisions by providing access to accurate and timely data.
• Analytics Services - Lastly, its analytics services leveraged data science and machine learning techniques to extract valuable insights from data, enabling clients to devise strategic decisions based on robust data analysis.