SOURCE: RapidMiner

RapidMiner

July 22, 2014 09:00 ET

RapidMiner Ranks Third Among Advanced and Predictive Analytics Vendors

Dresner Advisory Services Issues Inaugural Advanced and Predictive Analytics Market Study Report

BOSTON, MA--(Marketwired - Jul 22, 2014) - Pioneering predictive analytics leader RapidMiner today announced that Dresner Advisory Services ranked RapidMiner as the third highest rated predictive analytics solutions provider among 18 vendors researched in its inaugural Advanced and Predictive Analytics Market Study, part of the Wisdom of Crowds® series of research. To produce the report, analysts Howard Dresner and Neil Raden processed survey data from 679 respondents across a rich cross-section of geographies, functions, organization size, and vertical industries.

The full report, published today, is available from RapidMiner at: http://rapidminer.com/resource/dresner-advanced-and-predictive-analytics-market-study.

"Of the 18 vendors evaluated in the Dresner report, we ranked third -- quite an accomplishment and a testament to RapidMiner's value to business analysts, data scientists and business managers using our market-leading predictive analytics solution," said Ingo Mierswa, co-founder and CEO of RapidMiner. "We constantly strive to innovate and deliver faster than our competitors, and we are pleased with our position in the Dresner Advisory Services report."

"We congratulate RapidMiner on its strong showing in our first study looking at the important and growing use of Advanced and Predictive Analytics," said Howard Dresner, founder and chief research officer at Dresner Advisory Services. "We see a high awareness of the important role of Advanced and Predictive Analytics, and while the tools remain in early stages of deployment, almost a third of the respondents indicated plans to deploy within the next 18 months."

RapidMiner offers highly scalable predictive analytics applications, including operational dashboards, metrics and performance reports in a single, easy-to-use platform that seamlessly integrates with popular enterprise data sources. RapidMiner's predictive analytics software is helping companies across multiple industries in areas where advanced analytics can make a significant impact, such as churn reduction, product propensity modeling, predictive maintenance, sentiment analysis and more.

About RapidMiner
Pioneering predictive analytics leader RapidMiner is redefining how business analysts use all kinds of data, including big data, to predict the future. With an open source heritage, RapidMiner is one of today's most widely known and used analytics platforms, providing powerful solutions for a wide variety of industries. For more information, visit www.rapidminer.com.

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