Lavastorm Transforms Business Analysts into Data Masters

May 14, 2014 No Comments

BOSTON – May 14, 2014 – Lavastorm Analytics, a leading agile data management and analytics software company, today released the latest version of its Lavastorm Analytics Engine, a data discovery solution that effectively turns business analysts into data masters. Lavastorm Analytics Engine 5.0 harnesses data from anywhere in the organization to give analysts unsurpassed data management capabilities and the fastest, most accurate way to discover and transform insights into business improvements.

Organizations are embracing analytics to transform disparate and big data into an economic and business driver, but struggle to provide business users with quick access to the data needed to discover business insights. Lavastorm Analytics Engine 5.0 brings new power to analysts across industries, including telecom, finance, energy, and retail, in an easy-to-use, visual environment. With the new release, business users can easily combine and enrich diverse data sources, evaluate and improve data quality, and build complex filtering and analytic logic to answer ad hoc questions. Lavastorm Analytics Engine also has a unique “sense and respond” capability that allows users to continuously monitor business operations either to compare actual vs. expected business performance, to detect opportunities for business improvement, or to uncover issues and risks that can slow down their business or hurt performance.

“Business analysts have been shackled by lack of access to data and hindered by underpowered tools like Excel, Access, and SQL. While big data remains a popular buzzword, it will never become a force for positive economic change if it remains accessible only to a small minority of highly technical developers and data scientists who often don’t understand the business well,” said Drew Rockwell, CEO, Lavastorm Analytics. “With this new release, Lavastorm is empowering business analysts everywhere to transform their companies by eliminating their dependency on under-resourced IT organizations, inflexible data infrastructure and waterfall development approaches. By turning business analysts into data masters, our software creates a new class of knowledge workers who can fuse their deep business understanding with all manner of data – big and small – to make things work better now.”

Lavastorm Analytics Engine 5.0 includes four major elements that allow users to leverage data with ease:

– Logistics Manager: A web-based user interface simplifies deployment and maintenance of automated analytic applications. As businesses run more analytics on a regular basis to generate reports and to continuously monitor and analyze business operations, Logistics Manager helps them easily organize, schedule, and manage those analytic applications. This flexible approach provides native functionality within the Analytics Engine and allows users to employ external application management tools if desired.

– Tour Guides: For users with less technical knowledge, this new feature provides step-by-step directions to configure complex analytic models that typically require custom development from a team of programmers. Lavastorm’s Tour Guides strike a balance between ease-of-use, flexibility, and speed, unlike wizard-driven user interfaces that ‘dumb-down’ products and can interfere with the productivity of advanced users.

– Crowd-Sourced Error Management: Users can tap into the growing Lavastorm user community to quickly debug and produce analytic applications. Users encountering an error in their application can immediately access the community’s knowledge base to get advice on the action they should take to correct the error. This accelerates time to productive use for new users, as well as shortens deployment time for all users. As more users participate in this dialogue, the rich knowledge base expands.

– Auto-Update Installer: Ensures that new functionality is always in the users’ hands, especially important for frequent Lavastorm Analytics Library release cycles.

Visit www.lavastorm.com for more information on how Lavastorm Analytics’ award-winning Lavastorm Analytics Engine enables businesses to rapidly integrate diverse data, easily discover elusive insights, and continuously detect anomalies, outliers, or patterns.

For a trial license or to download a free-for-life version of the Lavastorm Analytics Engine, visit http://www.lavastorm.com/resources/software-downloads-trials/.

About Lavastorm Analytics

Lavastorm is the agile data management and analytics company trusted by enterprises seeking an analytic advantage. The company’s data discovery platform empowers business professionals and analysts with the fastest, most accurate way to discover and transform insights into business improvements, while providing IT with control over data governance. The company’s solutions have identified business improvements worth billions of dollars for some of the largest corporations in the world. A global company, Lavastorm is headquartered in Boston, MA, with offices throughout EMEA and Asia-Pacific. For more information, please visit www.lavastorm.com, read the company blog http://www.lavastorm.com/blog/, or follow Lavastorm on Twitter @Lavastorm_News.