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Revolution Analytics Releases Annual Results


 
  
Highlight of company results for 2010 is a 450% increase in revenue from its flagship product, Revolution R Enterprise.


Revolution Analytics Revolution Analytics Releases Annual Results, Says R is Ready for Business™ in 2011

Company's Shift to Advanced Analytics Software in 2010 Drove Strong Growth in Revenue and Customer Traction

PALO ALTO, Calif. - January 5, 2011 - Revolution Analytics, the leading commercial provider of software and support for the popular open source R statistics language, today announced company results for 2010 highlighting a 450% increase in revenue from its flagship product, Revolution R Enterprise. Under the leadership of predictive analytics pioneer and CEO Norman Nie, Revolution Analytics rebranded in May with a focus on advanced analytics and introduced an aggressive roadmap to expand its R-based software business. As a result, the company tripled its enterprise customer base, adding over 100 new customers to a roster that includes Bank of America, Merck and Acxiom.

Revolution Analytics successfully executed on its roadmap to make R more accessible to the data demands and business requirements of enterprise companies. In 2010, Revolution Analytics bolstered its Revolution R Enterprise software with new capabilities:

  • RevoScaleR, a big data analysis package that increases R's capacity and performance for analyzing very large data sets. For the first time, R users can now process, visualize and model terabyte-class data sets in a fraction of the time of legacy products-without employing expensive or specialized hardware.
  • RevoDeployR, a server offering that enables R analytics to be easily integrated into existing applications, customized reports and websites. It extends the use of R beyond skilled analysts to line of business managers who require data analysis on demand.

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