Predixion Software Takes Advanced Analytics to the Edge for the Internet of Things Market

Predixion Insight 4.5 Enables Analytics to Run on Device, on Gateway and in the Cloud

SAN FRANCISCO, CA--(Marketwired - May 12, 2015) - IoT World Booth 351 - Predixion Software[1], a developer of cloud-based advanced analytics software, today announced the release of Predixion Insight 4.5, which adds powerful functionality to drive better business outcomes from the flood of streaming data produced by the Internet of Things (IoT). Predixion 4.5 is the first advanced analytics platform that enables analytic models to run directly on-cloud, on-gateway and on-device, so organizations perform real-time analytics and automated actions close to the edge, where it matters most.

Predixion Insight is uniquely suited for IoT implementations due to its patent-pending Machine Learning Semantic Model™ (MLSM) technology which provides "predict anywhere" flexibility -- the ability for advanced analytic packages to be embedded directly into a variety of production environments, including applications, databases, complex event processing engines, or even directly onto a connected or disconnected device. Unlike traditional analytics tools, which struggle with the speed and volume of streaming data, Predixion Insight can analyze "data in motion" on the edge. Predixion Insight 4.5 further refines this advantage by launching features including the Deployment Assistant in Insight Explorer to allow users to create their own web-based applications (in Java, R, C#, SQL and Javascript) for instant and easy-to-use applications that put the power of advanced analytics into the hands of end users.

"The value of IoT-connected machines will only be realized if organizations can understand and leverage the data they produce," said Jamie MacLennan, CTO, Predixion Software. "Predixion 4.5 allows users to create value from the data generated from the IoT by efficiently deploying advanced analytics in any modality to improve operations, reduce costs, enable richer customer experiences, and improve patient care."

"What Predixion has done to simplify the deployment of advanced analytic models into production environments is outstanding. But the ability to enable on-device deployment is a real game-changer," said Oliver Downs, Chief Scientist at Globys. "Getting advanced analytics on the edge to take action is the ultimate payoff of big data and the Internet of Things, and Predixion makes that possible."

In addition to the patent-pending MLSM at the heart of Predixion's technology, Predixion Insight 4.5 delivers the following new capabilities for users:

  • Quickly deploy predictive analytics with the new Deployment Assistant, which generates source code and facilitates deployment of the MLSM package to the device, gateway or cloud.
  • Extend analytics to the edge by supporting common devices and environments including Raspberry PI and OSGi.
  • Efficiently deal with data dynamics from the IoT with runtime data shaping on device.
  • Achieve greater accuracy from advanced analytics with new Predixion-implemented algorithms optimized for IoT use cases.
  • Collaborate across teams by sharing models and results over the web, email, and social media.

Predixion Software will be showcasing Predixion Insight 4.5 at this week's IoT World Conference[2] in San Francisco on May 12-13 in booth # 351.

About Predixion Software
Predixion was founded on the belief that 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, advanced 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 in the IoT value chain. More than 200 companies worldwide rely on Predixion to make better decisions every day. For more information visit www.predixionsoftware.com[3].

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

References

  1. ^ Predixion Software (www.predixionsoftware.com)
  2. ^ IoT World Conference (www.iotworldevent.com)
  3. ^ www.predixionsoftware.com (www.predixionsoftware.com)

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