StatSoft Releases STATISTICA Version 10 Analytics Solutions - Insurance News | InsuranceNewsNet

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January 18, 2011
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StatSoft Releases STATISTICA Version 10 Analytics Solutions

Tulsa, OK (PRWEB) January 18, 2011

STATISTICA 10 introduces numerous new features and capabilities that take full advantage of Intel® multi-core processor technology regarding performance, data connectivity, graphics, and data analysis and predictive modeling, including:

   •          Significant performance and scalability improvements
   •          New modeling capabilities, e.g., procedures for credit and insurance risk modeling
   •          Even more flexible and scalable graphics
   •          Microsoft SharePoint integration
   •          Direct connection to OLAP cubes

A key performance goal for the STATISTICA 10 analytic platform was to utilize the capabilities of Intel’s latest multi-core processor technology. STATISTICA software is built with the latest generation of software development tools, and all performance-critical data processing and data analysis/modeling algorithms in STATISTICA have been redesigned to take full advantage of the Intel multicore architecture to ensure best-in-class performance against the exponentially growing data volumes expected over the next decade.

StatSoft’s VP for Platform Development George Butler says: “StatSoft’s strong relationship with Intel and our focus on taking full advantage of their latest processor technologies have enabled us to achieve data processing performance that was unthinkable only a few years ago.”

Asked what that means for StatSoft’s clients, Dr. Thomas Hill, VP for Analytic Solutions, replies that “StatSoft’s clients running the STATISTICA solutions on the latest Intel-based hardware can solve analytic and predictive modeling tasks three to four times faster, even on twice or three times the data volume, and this performance will only accelerate as Intel continues to chase Moore’s law1”

“In today’s fast-paced, technology-oriented world, the software business is a growing and highly competitive environment and StatSoft’s new flagship platform demonstrates continued success with high-performance analysis, modeling, and reporting,” said J. Scott Harrison, Director, Developer and ISV Scale Programs, Intel Software and Services Group . “The Intel Software Partner Program is a venue for collaboration between the hardware and software community resulting in innovative solutions and more choices for consumers.”

For a complete list of new STATISTICA features and capabilities, see http://www.statsoft.com/products/statistica-10-new-features/.

About StatSoft® Inc.
StatSoft, Inc. (http://www.statsoft.com/), founded in 1984, is one of the largest producers of enterprise and desktop software for Data Analysis, Data Mining, Quality Control/Six Sigma, and Web/Server-based Analytics. Its products are used worldwide at most major universities, corporations, and government agencies and are supported with training and consulting services by a worldwide network of StatSoft offices in 24 countries on all continents.

About the Intel® Software Partner Program
The Intel Software Partner Program is a global, online membership program for independent software vendors (ISVs) developing commercially available applications for Intel platforms and technologies. The program gives ISVs access to a portfolio of resources that support the key stages of their business cycle from planning and development to marketing and sales. For more information, or to enroll in the program, go to http://www.intel.com/partner.

# # #

Read the full story at http://www.prweb.com/releases/statistica/10/prweb4976774.htm

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