Ovum analysis: Rapid-I pushes open source data mining forward

PRLog (Press Release) - Jul 28, 2008 -
Dortmund / London: Ovum has a market leading position among the research companies in the information, communication and telecom sector.  When researching the open source business intelligence market, they identified RapidMiner as a leading open source data mining solutions ( www.ovum.com/news/euronews.asp?id=7137 ). Ovum analyst Laurent Lachal compares RapidMiner to its proprietary counterparts SAS and SPSS and writes: “RapidMiner is more generic, with a stronger focus on flexibility, expandability, artificial intelligence methods and meta-learning, as well as on the data mining process as a whole, including arbitrary process nesting and automated optimisation.”  He also states that “RapidMiner [...] has a wider area of applicability” and that it differs from its counterparts in price and usability, “based on the fact that it is both more flexible by design and that its open source status enables users to customise it to fit their specific requirements”.  In addition, Rapid-I offers companies the option to buy an OEM license allowing them to integrate RapidMiner in their own proprietary closed source products.  Currently, Rapid-I is building an international network of OEM, solution, and service partners.  Regarding the product roadmap, the Ovum analyst likes that “Rapid-I plans to build analytical applications on top of RapidMiner”, which would increase the impact of Rapid-I impact on the business intelligence and data mining market.


Rapid-I ( www.rapid-i.com ) is a provider of business intelligence, predictive analytics, data mining, text mining, and web mining software, solutions, and services offering its customers automatable intelligent data analysis of  large amounts of data and text including automatically generated classification and forecasting systems.  The open source data mining specialist Rapid-I enables other companies to use the latest technology for intelligent data analysis and for the discovery of still unused company knowledge from existing data.  Rapid-I won the highly rewarded Open Source Business Award (OSBA 2008).  Rapid-I has a broad user and customer base in more than 30 countries world-wide including top companies like Ford, Honda, Nokia, Miele, Philips, IBM, HP, Cisco, Merrill Lynch, BNP Paribas, Bank of America, mobilkom austria, Akzo Nobel, Aureus Pharma, PharmaDM, Cyprotex, Celera, Revere, LexisNexis, and Mitre as well as many small and mid-sized companies.  Rapid-I is headquartered in Dortmund, Germany.  Besides of its since 2001 continuously improved data mining software RapidMiner, Rapid-I offers its customers a broad range of services including consulting, trainings, professional support, software development, customization, and extensions as well as complete data analysis services from a single source.  Further information is available at www.rapid-i.com .

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