By Danny W. Stout, Ph.D.
Earlier this month, Dell Statistica was honored to be recognized by Gartner in the “Leaders” quadrant of its Magic Quadrant for Advanced Analytics Platform (February, 2016), moving up from last year’s “Challenger” position. The report sees this as the fastest-growing segment of the analytics market and expects that by 2020, predictive and prescriptive analytics will attract 40 percent of enterprises' net new investment in business intelligence and analytics.
Today advanced analytics platforms are an essential tool for business analysts, statisticians, and data scientists. Gartner bases its rankings on "completeness of vision" and "ability to execute" focusing on companies with a strong track record in the market and most likely to influence the market’s growth and direction. In this vein, Dell Statistica has a 30-year track record in the industry, enabling organizations to realize the full potential of their data in order to predict future trends, optimize business and manufacturing processes, identify new customers and sales opportunities, explore “what-if” scenarios, and reduce the occurrence of fraud and other business risks.
The Statistica platform is a very easy-to-use solution that requires no coding and integrates seamlessly with most database platforms or directly with Hadoop, and helps organizations simplify the process by which they deploy predictive models directly to data sources at the edge, inside the firewall, in the cloud, and in partner ecosystems. Customers like the fact that while no coding is needed, it is possible to code anything within Statistica using Visual Basic, an industry standard language. This allows users to customize functionality required for their business, giving them the best of both worlds - a platform where coding is not necessary, but available if needed.
Over the past year, Dell has delivered additional innovative functionality to give customers feature updates in the Statistica product line to improve sales and marketing strategies. Gartner acknowledged the hard work and praised in particular the platform’s new strategic focus on the Internet of Things (IoT). You can read more of the report here.