SAN JUAN CAPISTRANO, CA--(Marketwired - Jun 18, 2014) - Predixion Software , a developer of innovative predictive analytics software, today announced the new Hurwitz Victory Index Report for Advanced Analytics features the company as a Challenger in Go to Market Strength and Customer Experience Strength. As a challenger, Predixion is seen as a strong contender for Leader status. Designed as a market research assessment tool, the report highlights the diverse uses for advanced analytics technology such as predicting customer behavior and preferences, sales and industry forecasting, failures in machinery, and fraud. It also examines the top trends for end users to consider and analyzes 10 vendor offerings in the market across four key dimensions: vision, viability, validity and value.
"Customer satisfaction is a huge priority for Predixion as a company, and it's wonderful to see these efforts recognized in the new Hurwitz report on advanced analytics," said Simon Arkell, CEO, Predixion Software. "Our customers know they can count on Predixion to help them quickly get actionable information to the frontlines where key decisions are made."
According to the report, Predixion has been successful at adding new customers at a good pace since the company was founded in 2009. The customers Hurwitz interviewed liked the "fast time to benefit" Predixion's applications offer over traditional advanced analytics solutions. Customers also like the personal attention they get from Predixion. A vice president of analytics for a healthcare organization recommends Predixion for companies that are "familiar with Microsoft and are looking for fast results." In addition, mid-sized customers with little in-house statistical expertise were impressed by how quickly Predixion was able to help them begin producing advanced analytics models.
"Our study found that business users demand the ability to access insights from analytics without the help of a data scientist or statistician," said Daniel Kirsch, report co-author. "Predixion displays a strong understanding of the needs of business users. Customers we interviewed felt that Predixion acted like a true partner. We ranked them as a Challenger but expect them to rise to Leader status because of the company's strong focus and unique technology that delivers actionable predictive insights to decision makers."
Hurwitz & Associates surveyed more than 465 U.S. advanced analytics users online, and conducted in- depth qualitative phone interviews with 30 individual business and technical users from many different industries including manufacturing, banking, insurance, retail, professional sports, and government agencies. The survey covered business and technical benefits and challenges of different analytics platforms.
Predixion's flagship product is Predixion Insight™, an integrated predictive analytics platform designed to quickly get actionable insights and suggested interventions to the frontlines where decisions are made. It is the first and only predictive analytics platform designed for business analysts and non-technical users so more organizations can benefit from predictive analytics. For example, a nurse at a hospital could use Predixion Insight to identify patients at risk of readmission before they leave, enabling staff to proactively address the situation and reduce associated costs.
More than 200 companies in 63 countries currently use Predixion Insight. Select clients include GE, Chevron, United States Armed Forces, Kaiser Permanente, Carolinas Healthcare Systems, ThriveHD and Maritz.
About Predixion Software Predixion was founded on the belief that predictive analytics has the power to create a smarter, safer and healthier world -- and that access to this power should not be limited to a select few with extensive statistical knowledge. To achieve this vision, Predixion developed a self-service predictive analytics platform called Predixion Insight™ that simplifies the entire predictive process. Predixion Insight is designed for business analysts and non-technical users to enable broader adoption of predictive analytics, but is powerful and flexible enough for data scientists. In addition, Predixion expedites the "Last Mile of Analytics™" -- the deployment of powerful predictions directly to those that need them to take action - so the value of being predictive is realized immediately. More than 200 companies rely on Predixion to help drive better decisions every day. For more information visit www.predixionsoftware.com .
Media Contact: Jan Wiedrick-Kozlowski Activa PR for Predixion Software 585.392.7878 Email Contact
