KDnuggets : News : 2004 : n06 : item17 < previous | next >

Briefs

Insightful releases S-PLUS Server

Insightful Corporation (NASDAQ: IFUL), announced today the release of S PLUS Server 6.2, a software product designed for the development and deployment of web based analytic applications created with S-PLUS, the company�s flagship product for statistical data analysis.
 
Insightful�s release of S-PLUS Server 6.2 comes at the same time as organizations are grappling with the rapid growth of the size and complexity of their data.  With S-PLUS Server 6.2 , analytic developers and IT managers will have a reliable and scalable platform for production-quality statistical data analysis.  
 
Today�s announcement also comes at a pivotal time for business analytics.  Statistical analysis is playing an increasingly important strategic role in business: companies are looking to move beyond simple reporting, and toward forecasting and predictive analytics. A recent IDC study, The Financial Impact of Business Analytics, quantified the ROI [return on investment] from analytics at an average of 431 percent. The report points out that while it can take more of an initial investment to get advanced analytics up and running (as compared to backward-looking business intelligence reporting) the returns are much higher.

For more information, visit www.insightful.com


KDnuggets : News : 2004 : n06 : item17 < previous | next >

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