Adding to its information management software lineup, Dell announced the acquisition of StatSoft, a provider of advanced analytics solutions that deliver a wide range of data mining, predictive analytics and data visualization capabilities.
StatSoft combines comprehensive statistical analysis with advanced analytics to help organizations better understand their businesses, predict change, increase agility and control critical systems. Its software capabilities include database management and optimization, application and data integration, and big data analytics, which will be underpinned by Dell’s myriad software, storage, server and services offerings and industry relationships.
Its solutions are widely used across a broad set of industry sectors including pharmaceuticals, financial services, technology and manufacturing. Harnessing big data, its solutions contain sophisticated algorithms for predictive analytics, machine learning and statistical analysis, enabling companies to find meaningful patterns in data and thrive in today’s data-driven economy. The company's offerings span from desktop data modeling and analytics to high-performance, enterprise deployments. StatSoft’s software can be deployed on premises, in the cloud, or as software-as-a-service.
“With the rapid explosion of data comes the opportunity for organizations to gain deep insight into their business processes in order to facilitate better decision making and maximize profitability," said Matt Wolken, vice president and general manager, information management at Dell Software. "The acquisition of StatSoft gives Dell’s customers access to a proven advanced analytics solution that delivers the predictive and prescriptive analysis capabilities businesses need in order to make faster, more accurate decisions.”
“We’re excited to join the Dell family and add our technology and expertise to Dell’s rapidly growing set of information management capabilities," said Dr. Paul Lewicki, founder and chief executive officer, StatSoft. "Together with Dell, we can create new opportunities for customers to better leverage the growing volumes of data that are quickly becoming the lifeblood of organizations of all sizes, and further advance StatSoft’s mission of making the world more productive.”