CAMBRIDGE, Mass., Feb. 12, 2016 /PRNewswire/ -- RapidMiner™, the industry's #1 open source predictive analytics platform, today announced that Gartner, Inc. has positioned RapidMiner as a Leader in its 2016 Magic Quadrant for Advanced Analytics Platforms1. According to Gartner, the advanced analytics platform market was again the fastest-growing analytics segment in 2014 as organizations continue to move beyond descriptive and diagnostic analytics into predictive and prescriptive analytics.
"We're thrilled to be recognized as a Leader by Gartner for the third year in a row," said Tom Wentworth, RapidMiner's Chief Marketing Officer. "We believe that advanced analytics and machine learning will disrupt entire industries, and RapidMiner continues to deliver on our mission to help organizations unleash data-driven decisions and extract new business value."
Gartner defines advanced analytics as the analysis of all kinds of data using sophisticated quantitative methods (such as statistics, descriptive and predictive data mining, machine learning, simulation and optimization) to produce insights that traditional approaches to business intelligence are unlikely to discover.
Positioning RapidMiner as a Leader in the Gartner 2016 Magic Quadrant for Advanced Analytics Platforms is yet another important milestone showcasing RapidMiner's momentum in 2016, including:
- Record attendance at the RapidMiner Wisdom conference in New York City in January.
- Launch of RapidMiner 7, featuring enhancements that make predictive analytics easier than ever before and empower business analysts to intuitively leverage data science.
- Strategic partnership with Tableau to enrich data visualizations with powerful predictive analytics from RapidMiner.
- A new $16 million funding round led by Nokia Growth Partners (NGP) to further accelerate RapidMiner's growth.
A complimentary copy of the Gartner, Inc. 2016 "Magic Quadrant for Advanced Analytics Platforms" research report is available for download from the RapidMiner website.
1 Gartner Magic Quadrant for Advanced Analytics, by Lisa Kart, Gareth Herschel, Alexander Linden, and Jim Hare Feb 9 2016
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
RapidMiner, the industry's #1 open source predictive analytics platform, is disrupting the industry by empowering enterprises to include predictive analytics in any business process—closing the loop between insight and action. RapidMiner's effortless solution makes predictive analytics lightning-fast for today's modern analysts, radically reducing the time to unearth opportunities and risks. RapidMiner delivers game-changing expertise from the largest worldwide predictive analytics community. For more information, visit www.rapidminer.com.
Media Contact: Tom Wentworth, 617-401-7708