Dell acquires StatSoft to enhance its Big Data portfolio

Dell announced on March 24 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.

The acquisition of StatSoft bolsters Dell Software’s growing portfolio of information management solutions, while further enhancing the company’s open approach to data management. StatSoft adds advanced analytics to a robust set of software capabilities that includes database management and optimization, application and data integration, and big data analytics, all underpinned by Dell’s myriad software, storage, server and services offerings and industry relationships.

Data and information management is a key strategic priority for Dell Software. According to Gartner, Inc., by 2015, more than 30 percent of analytics projects will deliver insights based on both structured and unstructured data. The addition of StatSoft fits seamlessly with Dell Software’s strategy to offer a complete set of platform agnostic information management tools that empower companies to manage, integrate, and analyze data on-premises and in the cloud.

StatSoft delivers a full range of advanced analytics tools that help organizations forecast future trends to identify new customers and sales opportunities, forecast industry shifts, explore “what-if” scenarios, and reduce the occurrence of fraud and other business risks. StatSoft’s software can be deployed on premises, in the cloud, or as software-as-a-service. Its products are trusted by universities, research institutions, corporations and manufacturing facilities in more than 60 countries. StatSoft’s solutions are widely used across a broad set of industry sectors including pharmaceuticals, financial services, technology and manufacturing.

Advanced analytics are transforming the business landscape. Organizations that use smart algorithms to harness and learn from the masses of data found in operational systems, social networks and demographic stores will gain competitive advantage, says Dell in a March 24 press release. StatSoft contains the most 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. Its offerings span from desktop data modeling and analytics to high-performance, enterprise deployments.