COLUMBUS, Ohio, April 24, 2014 /PRNewswire-iReach/ — Prevedere, a big data predictive analytics startup that provides enterprise customers, private equity and hedge funds with leading indicators of future financial performance, has been selected by Gartner Inc. as a Cool Vendor in the firm’s 2014 Information Innovation Report. The report recognizes vendors that bring novel approaches to addressing perennial information management needs and the growing desire to harness big data.
“It is great to be recognized by Doug Laney and the Gartner team” said Rich Wagner, founder and CEO of Prevedere. “Gartner’s respect, coupled with recent awards we have earned from leading finance organizations for our software, demonstrates the value we offer our customers.”
Prevedere’s software is used by leading companies to improve bottom line profits and outperform competitors. “Our customers are able to improve forecast accuracy, reduce cost and predict global macro events better with fact-based data in a fraction of the time it takes their competition,” says Wagner, “it’s about answering key decision maker questions with big data, not just providing a new complex system to learn.”
Prevedere’s solution has broad appeal throughout an organization.”For example, it helps executives understand key business drivers for strategy and risk planning by providing improved forecast accuracy to finance, purchasing and sales departments. The solution also provides a basic data science platform to extend the capabilities of general BI analysts,” said Douglas Laney, vice president of research at Gartner.
With Prevedere’s software of a service business model customers are provided the most advanced correlation and analytics engine available, leveraging over 1 million external data series in a matter of hours. Prevedere software provides new, better and faster answers to what drives results for data scientists, key decision makers and functional analysts across an organization.
About Prevedere, Inc.: Prevedere is a provider big data and predictive analytics software to companies across all industries, private equity and investment firms. With offices in Dublin, Ohio and Silicon Valley, Prevedere provides their Software as a Service Solutions to leading companies throughout the United States. Our powerful analytics software provides proven patent pending correlation and forecasting techniques in an easy to use web application for users in any organization. For more information visit http://www.prevederesoftware.com.
Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Media Contact: Rich Wagner, Prevedere, 614-330-0079, richwagner@prevederesoftware.com