ALBUQUERQUE, N.M. and NEW YORK, Aug. 28, 2012 /PRNewswire/ -- UtiliPoint International, Inc., a brand of Midas Medici Group Holdings, Inc. (OTCQX: MMED), and leading energy-focused research and advisory firm, announced the expansion of their data analytics practice to include Hadoop capabilities that enable data-driven organizations, like utilities and energy companies, to more efficiently analyze big data.
"Energy companies are traditionally data intensive," said UtiliPoint COO and Managing Director Bob Bellemare. "Expanding our analytics capabilities to include Hadoop will help our customers identify previously unrecognizable associations and trends. The result is actionable insights to more accurately predict and influence customer behavior, operate more efficiently, reduce risk and develop profitable new product and service offerings."
Hadoop is ideal for data-driven organizations including utilities, healthcare, and finance, as well as ecommerce Web sites. Using Hadoop, businesses can collect real-time analysis of networks, predictive failures, and comparisons between load management programs and pricing.
UtiliPoint has certified Hadoop administrators on staff. In addition, UtiliPoint and sister company StraTech have an established partnership with Cloudera, a leader in Hadoop-based software and services, which offers additional value to customers.
"When it comes to data analysis, size and speed are no longer issues," said UtiliPoint Managing Director Rand Warsaw. "A terabyte of unstructured data previously took hours to process. With Hadoop, the same amount of data can be mined in seconds. Now the issues are determining what companies need to know and how best to use the data."
About UtiliPoint International, Inc.
For more than 75 years, UtiliPoint International®, a brand of Midas Medici Group Holdings, Inc. has been a trusted source of insight into the energy and utilities industry. With more than 500 clients worldwide, UtiliPoint (www.UtiliPoint.com) is the leading provider of research and advisory services for the energy sector.
About Midas Medici
Midas Medici Group Holdings, Inc. (OTCQX:MMED) is a managed IT services and infrastructure company. Across its Cimcorp, StraTech and UtiliPoint brands, Midas (www.midasmedici.com) works with its customers by optimizing IT and data center investments, streamlining communications between departments, reducing costs and preventing data loss, all while maximizing productivity.
Vice President of Marketing
UtiliPoint International, Inc.
+1 (704) 357-2720
John Mattio, SVP
MZ Group / Midas Medici
+1 (212) 301 7130
SOURCE UtiliPoint International, Inc.