San Juan Capistrano, CA – October 11, 2011 – Predixion Software today introduced Predixion Insight™ 2.0, the latest version of the company's flagship collaborative predictive analytics solution. Highlighting the new release are enterprise collaboration features, interactive visualizations, automated workflow capabilities as well as an on-premise version of its predictive analytics solution. The announcement was made at PASS Summit 2011, the world's largest conference for Microsoft SQL Server professionals where Predixion Software is exhibiting in booth #234.
Predixion Insight 2.0 provides business intelligence (BI) professionals with easy-to-deploy, enterprise class predictive analytics in the common interfaces of Microsoft Excel® 2010 and SharePoint®. Predixion has created Excel-based modeling solutions and a deployment framework designed to simplify the process of sharing models across an enterprise, automate predictions directly from source data to SharePoint dashboards, other portals or business applications and squeeze complexity out of the end user experience, resulting in self-service predictive analytics.
The new end-to-end collaborative features in Predixion Insight 2.0 allow users to share models, datasets and results as well as set permissions for shared items by simply sending them to other users or setting up “collections” to which multiple users subscribe. Users can then comment on items within the collection, score models with new or existing data, share the results within the collection or publish them into SharePoint or other portals for a truly collaborative experience.
Predixion’s deployment framework enables companies to extend predictive capabilities throughout the enterprise. Predixion's new enterprise automation capabilities enable automation directly from analyst workbooks without requiring recoding of analytical logic. Automated workflows refresh predictive scores in dashboards, KPIs and business applications at customizable intervals as source data is updated, with users having near real-time actionable data to expedite decision-making.
Predictive results achieved using Predixion Insight 2.0 are now available as interactive visualizations via Predixion's thin client. Line of business managers can review results at the highest level or drill down to detail levels to better understand predictions and make better informed, smarter decisions.
In addition to its off-site public and private cloud offerings, Predixion Insight 2.0 now is available as an on-premise solution for organizations such as healthcare and financial services firms who require it.
“This new release of Predixion Insight contains impressive new collaboration and automation features which make Predixion's powerful, yet easy-to-use predictive analytics solution readily available to a wider range of business analysts and information workers, most of whom have limited, if any predictive analytics expertise,” said Shawn Rogers, Vice President of Research, Business Intelligence and Data Warehousing, Enterprise Management Associates.
“The days of waiting days or even weeks for predictive results are long gone,” added Predixion co-founder and CEO Simon Arkell. “The Predixion Insight product roadmap is focused on delivering advanced, yet easy-to-use predictive analytics solutions that will turn business analysts into predictive analysts and allow information workers to benefit from predictive intelligence. Our mission is to remove the barriers to predictive analytics by reducing the complexity and high cost typically associated with broad deployments and user consumption,” Arkell said.
About Predixion Software
Predixion Software develops and markets collaborative predictive analytics solutions that are fully integrated with leading BI platforms, business applications and clinical and operational applications in healthcare and other vertical industries. Predixion provides easy-to-deploy, enterprise class predictive analytics in the common interfaces of Excel® 2010, SharePoint® and other business applications. Customers in healthcare, finance, retail and other industries are achieving immediate results with Predixion Insight.
Predixion Software is headquartered in Orange County, California with development offices in Redmond, Washington. The company has venture capital backing from established investors including DFJ Frontier, Miramar Venture Partners and Palomar Ventures. For more information call (949) 373-4900 or visit us at www.predixionsoftware.com.
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