SOURCE: Skytree, Inc.

Skytree, Inc.

February 26, 2013 12:00 ET

Skytree Releases 2013 Big Data Analytics Report

Chief Data Officers Enter the C-Suite; Machine Learning Goes Mainstream

SAN JOSE, CA--(Marketwire - Feb 26, 2013) - Skytree™, The Machine Learning Company™ today released its "2013 Big Data Analytics Industry Report." The company will exhibit and present at this year's O'Reilly™ Strata Conference in Santa Clara, CA from February 26-28.

Survey highlights:

1. Chief Data Officers Enter the C-Suite. Survey revealed that 18% have defined an entirely new executive role for data science, and 26% indicated that they have created dedicated data science departments within their business units. 

2. No PhD Required. Machine Learning becomes more mainstream and many organizations with Big Data initiatives are under resourced due to the lack of available data scientists. Results showed more than 60% had zero to medium knowledge of advanced analytics. This is driving the need for out-of-the-box solutions that can deliver production grade analytics without the need for in-house software development. 

3. Advanced Analytics is Everywhere. The majority of the survey pool answered that Marketing has the most to gain from Advanced Analytics/Machine Learning projects. Even though Marketing (54%) stood out, it was clear that ALL areas of the organization could benefit from Machine Learning. Operations (49%), Sales (39%), IT (44%), and Finance (25%) responded favorably to the immediate value and future impact of Machine Learning to their business needs.

To download the full report, please visit Skytree at www.skytree.net/2013-big-data-report

To learn more about Big Data Analytics, visit Skytree at booth #206. O'Reilly Strata is a leading industry conference for Big Data communities to meet, exchange ideas, and learn about new strategies and technologies for discovering opportunities with their data. 

Skytree has also been selected to present at the O'Reilly Strata Conference in Santa Clara, February 28, 2013. Skytree's CTO and Co-Founder, Alexander Gray, PhD. will be presenting at the following session tracks:

ABOUT SKYTREE
Skytree's Machine Learning platform gives organizations the power to discover deep analytic insights, predict future trends, make recommendations and reveal untapped markets and customers. Predictive Analytics and Machine Learning are quickly becoming must-have technologies in the age of Big Data, and Skytree provides the Enterprise-grade foundation. Skytree's flagship product -- Skytree Server -- is the only general purpose scalable Machine Learning system on the market, built for the highest accuracy at unprecedented speed and scale. For more information, please visit www.skytree.net

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