Dell Buys Advanced Analytics Provider

Boosting its big data solution portfolio, Dell has acquired Oklahoma-based StatSoft, which provides advanced analytics solutions that deliver data mining, predictive analytics and data visualization capabilities. StatSoft combines statistical analysis with advanced analytics to help organizations better understand their businesses, predict change, increase agility and control critical systems.

According to Dell the acquisition will bolster Dell Software’s expanding portfolio of information management solutions, and enhance the company’s open approach to data management. 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. This complements Dell’s software capabilities that include database management and optimization, application and data integration, and big data analytics.

“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, Dell Software in a statement released by the company.  “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. In addition to being a great fit for Dell Software’s product portfolio by delivering technology that addresses the latest market trends, StatSoft mirrors Dell’s focus on creating tools that are simple and affordable enough for midmarket organizations yet comprehensive enough for even the largest enterprises with the most complex data environments.”