ALISO VIEJO, CA--(Marketwired - Apr 7, 2015) - Predixion Software, a developer of cloud-based predictive analytics (PA) software, today announced it has been included in the Forrester Wave™: Big Data Predictive Analytics Solutions, Q2 2015. This represents Predixion's first appearance in this research report, which evaluated companies on 45 variables.
"It's an honor to be one of only 13 companies included in the Forrester Wave: Big Data Predictive Analytics Report for 2015," said Simon Arkell, CEO of Predixion Software. "I believe that this achievement in such a crowded market validates Predixion's strengths and continued traction."
Predixion Insight is an open, predictive analytics platform that is available either in the cloud or on-premises. Predixion Insight analyzes data from anywhere -- whether in a database, data warehouse, or in the cloud -- combines multiple data sources, prepares the data for analysis, trains predictive models and scores data in real time. One of the unique features of Predixion Insight is the ability to place predictive models in a variety of production environments for real-time scoring, including: existing BI tools, dashboards, transactional applications, cloud services or even directly on to devices, machines or complex event processing (CEP) systems. This functionality makes Predixion Insight an ideal fit for Internet of Things (IoT) analytics as Predixion is the only predictive analytics vendor that can run in the Cloud, at the gateway or directly on the device. In this way, real-time predictive analytics are placed at the point of decision where those on the front lines can act to prevent negative outcomes or enable beneficial ones.
Predixion has raised more than $30 million from investors including Accenture, GE and EMC. Predixion currently has more than 200 customers worldwide using predictive analytics to improve the decisions they make every day.
About Predixion Software
Predixion was founded on the belief that predictive analytics has the power to create a smarter, safer and healthier world -- and that access to that power should not be limited. To achieve this vision, Predixion developed Predixion Insight™, a cloud-based analytics platform that provides real-time, predictive analytics at the decision point in order to improve outcomes. Predixion specializes in the "Last Mile of Analytics™"-- that is getting the power of predictive insights to the front lines where decisions are made - whether that is an application, a BI dashboard, a machine or a device. More than 200 companies worldwide rely on Predixion to make better decisions every day. For more information visit www.predixionsoftware.com.
Predixion Software recognizes all of the trademarks referenced in this press release.