SOURCE: H2O.ai

H2O.ai

March 09, 2016 09:00 ET

H2O.ai Cited in Gartner's 2016 Magic Quadrant for Advanced Analytics Platforms

H2O.ai Listed Among Other Vendors to Consider in the Predictive Analytics Space

MOUNTAIN VIEW, CA--(Marketwired - March 09, 2016) - H2O.ai, the maker of the number one open source machine learning platform for building smarter applications, today announced it has been cited in the 2016 Magic Quadrant for Advanced Analytics Platforms. This citation follows H2O.ai's earlier designation as a Gartner Cool Vendor in Data Science in April 2015. The Gartner Magic Quadrants provide a snapshot of how vendors perform in a market segment with the goal of helping end users make better informed decisions about companies they may be looking to partner with, or whose services or products they may want to purchase.

According to the report, "predictive analytics and other categories of advanced analytics represent the fastest-growing segment of the analytics market." The report goes on to say that "by 2020, predictive and prescriptive analytics will attract 40% of enterprises' net new investment in business intelligence and analytics," and "by 2018, more than half of large organizations globally will compete using advanced analytics and proprietary algorithms, causing the disruption of entire industries."

"Enterprises today are increasingly becoming software companies," said Sri Ambati, co-founder and CEO of H2O.ai. "As code commodifies, organizations must compete on value added services to differentiate their base product offerings. At H2O.ai, we are committed to helping enterprises accelerate business transformation with AI-enabled smart applications and data products to better serve their client base."

H2O.ai's open source machine learning platform, H2O, runs wherever an organization's data is stored -- on top of Hadoop, R, Python, SQL and NoSQL databases -- either on premise or in the cloud. The platform's flexibility is due to the fact that H2O is written entirely in Java, with models being exported as Java Models. This means that H2O can run on commodity hardware without the need for expensive GPUs. H2O.ai's Spark API, Sparkling Water, provides additional functionality for Apache Spark. To find out more about how customers leverage H2O please visit us on YouTube.

About H2O.ai

H2O is the #1 open source machine learning platform for smarter applications. H2O.ai is the Silicon Valley software company supporting and developing H2O. The company offers the award-winning open source H2O machine learning software and the Sparkling Water Spark API. H2O.ai's technology is already being used to predict fraud, customer churn, and more at over 5,000 organizations. H2O.ai customers include Capital One, Progressive Insurance, Zurich Insurance, Nielsen Catalina, MarketShare and Transamerica. Follow us on Twitter @h2oai.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

*Gartner "Magic Quadrant for Advanced Analytics Platforms" by Lisa Kart, Gareth Herschel, Alexander Linden, Jim Hare, February 9, 2016.

Contact Information

  • Press Contact
    Yotam Levy
    Director of Public Relations
    H2O.ai
    805.403.4868
    yotam@h2o.ai