Their focus is on making it easier for business users to benefit from predictive analytics. Ease of use and deployment at the front line of an organization – at the point of decision – is a central focus and Predixion positions itself between tools designed for data scientists and black box analytic applications for business users, aiming to deliver the best of both worlds.

Imagine a standard of care where before the patient leaves the hospital, the institution already knows not just the patient’s critical data, but has also taken actions in response to the data that further reduce the risk of readmission within the next thirty days. The potential impact goes beyond delivering a more advanced quality of care. For institutions facing the radical industry shift to patient-based outcome models, predictive analytics presents an opportunity to make significant strides to decrease patient re-admission rates — and gain a stronger foothold in meeting compliance mandates the industry faces as a result of the Affordable Care Act. 

It’s that time of year when technology vendors like to anticipate what the year ahead will bring. As a vendor in the predictive analytics space, we thought it would be more than appropriate for us to officially predict what we anticipate in 2015 for Predictive Analytics:

Yesterday it was announced that Dell acquired StatSoft, a 30+ year old business analytics software provider. Yes, you read that correctly. 30+ years old. That means that this innovative analytics company existed before the Internet, before mobile, before SaaS, before big data…

So, why would Dell acquire an old analytics company? It’s no secret that big data and advanced analytics is the hot market to be in right now. Clearly one motive for a hardware-laden company like Dell is to continue to buy recurring revenue streams and nice margins, both of which they get from StatSoft. However, there is more going on here just below the surface. StatSoft, though old and not entirely innovative, has what very few companies in the market today have: a predictive platform. And, software vendors with an actual platform for building and deploying predictive analytics are a rare breed indeed.