Lyzasoft Integrates Low-cost Predictive Analytics into its Data Analytics and Collaboration Platform
Orlando, FL – October 18, 2010 – Lyzasoft announced today that it has integrated its Lyza Commons analytical collaboration solution with Predixion Software’s predictive analytics solution. Predixion’s self-service predictive analytics features are available as integral options within the Lyza Commons user experience, so users don’t have to juggle multiple web applications or export data from the collaboration environment to access more advanced analytics. The announcement was made today at the Gartner Symposium/IT Expo 2010 currently taking place in Orlando, Florida. Lyzasoft is demonstrating its software suite in booth G.
Lyzasoft has incorporated four of Predixion’s predictive analytics services: Shopping Basket Analysis, Forecast, Detect Categories and Analyze Key Influencers.
“Lyzasoft continues to set the standard for collaborative business intelligence,” said Shawn Rogers, Vice President of Research, Business Intelligence and Data Warehousing, Enterprise Management Associates. “This integration with Predixion Insight™ leverages powerful cloud-based technologies, an innovative collaboration platform and a disruptive pricing model that allows it to be easily adopted with far less risk. This partnership provides Lyzasoft customers affordable predictive analytics functionality and a seamless method for integrating data in the cloud so it can be fully leveraged.”
“Lyzasoft customers now have access to Predixion’s affordable, easy-to-use predictive analytics services natively within the Lyza experience,” said Scott Davis, Lyzasoft CEO. “This blending of partner SaaS offerings into an integrated web experience demonstrates the power of the cloud to allow users to bring applications of choice to data of choice in an experience that fits them and their budgets.”
“We are pleased to be partnering with Lyzasoft, a visionary in the areas of BI and collaboration technologies,” said Predixion CEO Simon Arkell. “This partnership is mutually beneficial as both companies are seeking to break down the cost, complexity and interoperability barriers typically associated with BI and analytics today.”
About Lyzasoft, Inc.
Founded in 2008, Lyzasoft blends the best of Business Intelligence and Social Media to deliver a Collaborative Intelligence experience for the enterprise. Lyza offers powerful, easy-to-use tools for exploring, synthesizing, analyzing, and socializing information. Lyza: Analyze, Socialize, Decide. For more information, please call 303.297.5363 or visit www.lyzasoft.com
Founded in 2008, Lyzasoft blends the best of Business Intelligence and Social Media to deliver a Collaborative Intelligence experience for the enterprise. Lyza offers powerful, easy-to-use tools for exploring, synthesizing, analyzing, and socializing information. Lyza: Analyze, Socialize, Decide. For more information, please call 303.297.5363 or visit www.lyzasoft.com
About Predixion Software
Predixion Software develops and markets collaborative predictive analytics solutions in the public and private cloud. Predixion enables self-service predictive analytics, allowing customers to use and analyze large amounts of data to make actionable decisions, all within the familiar environment of Excel and PowerPivot. Predixion customers are achieving immediate results across a multitude of industries including: retail, finance, healthcare, marketing, telecommunications and insurance/risk management.
Predixion Software develops and markets collaborative predictive analytics solutions in the public and private cloud. Predixion enables self-service predictive analytics, allowing customers to use and analyze large amounts of data to make actionable decisions, all within the familiar environment of Excel and PowerPivot. Predixion customers are achieving immediate results across a multitude of industries including: retail, finance, healthcare, marketing, telecommunications and insurance/risk management.
Predixion Software is headquartered in Aliso Viejo, 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.