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TMCNet:  Predixion Software Announces Full Functional Integration of Open Source R into its Advanced Predictive Analytics Platform

[February 11, 2014]

Predixion Software Announces Full Functional Integration of Open Source R into its Advanced Predictive Analytics Platform

SANTA CLARA, Calif. --(Business Wire)--

Predixion Software, a developer of collaborative predictive analytics software solutions, today announced the release of Predixion Insight™ 3.2, a groundbreaking solution that combines the sophisticated capabilities of the R programming language with advanced, easy-to-use functionality for creating and deploying predictive analytics to improve business outcomes. With more than two million users, the open source R language is the defacto standard for computational statistics and predictive analytics, but can be inaccessible to those without advanced programming skills. Predixion Insight™ 3.2 removes that barrier by making it simple for business users to leverage R to build predictive models in a wizard-driven environment, create unique data visualizations, provide real-time collaboration and use in-process deployment to push the latest predictive analytics insights to users and devices on the front lines of business.

"Predixion Insight™ 3.2 is a significant milestone in our mission to simplify and expand the adoption of predictive analytics," said Jamie MacLennan, CTO, Predixion Software. "This release eliminates the 'gotchas' that prevent many people from using R, such as tricky data transformations required to feed information into R algorithms. We have made it so simple that Predixion users don't even have to know they are using R, and can prepare and manage their data as it makes sense to them from a business perspective."

Combining innovation and reliability

The new release of Predixion's flagship products combines the open source innovations of R algorithms, which have been peer reviewed by thousands of developers, with the reliabiity and ease of Predixion's Machine Learning Semantic Model™ (MLSM™) that automates data access and transformations so portable end-to-end predictive applications can be easily developed and implemented. It empowers business users to work within an intuitive wizard-driven environment to create sophisticated industry and process-specific predictive analytics models that can unlock insights from any data source.

"Unlike legacy solutions such as SAS or SPSS (News - Alert) that offer a crude paste-on approach to R capabilities, Predixion Insight 3.2 puts users on the cutting edge of predictive analytics with a fully functional and easy to use R integration," said Simon Arkell, CEO, Predixion Software. "This is a game changer for organizations that need to quickly and easily get up to speed on the latest and greatest predictive analytics capabilities."

Extending the analytics value chain and driving business outcomes

The integration of R in Predixion's software solutions is expected to support Accenture (News - Alert), a Predixion alliance partner, in helping its clients drive business results with advanced analytics. Predixion's expanded platform will contribute to Accenture Analytics' ongoing efforts to build an ecosystem of best-of-breed emerging technologies that cover the full analytics and big data value chain for its clients.

"Competing in a digital world requires businesses to leverage solutions that put advanced analytics in the hands of business users, are easy to use, and don't require a multitude of very specialized data scientists," said Michael Svilar, managing director, Accenture Analytics, part of Accenture Digital. "Predixion's latest move will help fill the gap for an advanced analytics platform that fully leverages and integrates the power, flexibility and innovation of R. We're excited to put Predixion's expanded platform into an industry and functional context to help clients drive business outcomes and tangible returns from their analytics investment."

Predixion Software is currently attending the O'Reilly Strata Conference in Santa Clara, CA (News - Alert) and can be located at booth #1206.

About Predixion Insight™

Predixion has created a world-class predictive platform for big data. Predixion Insight is natively integrated with the Microsoft® BI stack, leverages Apache Mahout Algorithm libraries and is fully integrated with Microsoft SQL Server®, EMC (News - Alert)® Greenplum®, R and Hadoop, with other analytic platforms on the way. An advanced deployment framework was designed to simplify the process of sharing models across an enterprise, automate predictions directly from source data to line-of-business applications and Predixion's own thin client app for PCs and tablets, and eliminate complexity from the end user experience, resulting in self-service predictive analytics.

About Predixion Software

Predixion Software is a disruptive predictive analytics software company with a unique focus on the last mile of analytics - the deployment of powerful predictions to the people who need to act upon them. Predixion offers an easy-to-deploy, self-service predictive analytics solution that allows customers to unlock deep insights within their data with technology that integrates with leading business intelligence platforms, business applications and clinical systems. More than 245 companies in 63 countries are now using Predixion Insight.�For more information visit us at predixionsoftware.com.

Predixion Software recognizes all of the trademarks referenced in this press release.


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