TIBCO and Lavastorm Analytics Announce Predictive Analytics Environment That Enhances IT and Business Collaboration

SOURCE: Lavastorm Analytics

BOSTON, MA – Jan. 20, 2015 – Lavastorm Analytics, a leading agile data management and analytics software company, and TIBCO Software Inc., a global leader in infrastructure and business intelligence software, today announced extended predictive analytics functionality, powered by the TIBCO® Enterprise Runtime for R (TERR) engine embedded within Lavastorm Analytics’ market-leading Data Management and Analytics platform. This new functionality enables data scientists using Lavastorm to more quickly and accurately build, validate and share predictive analytic data models with business users, allowing them to deliver proactive business insights.

The predictive analytics capability of TERR enhances the Lavastorm Analytics Engine’s drag-and-drop data assembly and analytical capabilities providing a high-performance, highly-scalable implementation of the popular R statistical computing language. Data scientists can now leverage R to apply predictive analytical techniques and package them into reusable analytic building blocks that enable rapid self-service data analysis by business users seeking insights and increased business efficiency.

This technology integration reflects a further deepening of TIBCO and Lavastorm Analytics’ long-term partnership, which has included Lavastorm Analytics integrations with TIBCO Spotfire® data discovery and TIBCO Jaspersoft® business intelligence reporting.

“Through our deep-rooted relationship with TIBCO and its high-performance, embeddable TERR engine, our predictive analytics funtionality enables data scientists to streamline the tedious-yet-essential data preparation phase and focus on building data science models and enhance their collaboration with business professionals,” said Drew Rockwell, chief executive officer, Lavastorm Analytics. “The barriers that exist between data scientists and business users when it comes to how they can interpret and draw insights from their data is no secret. Lavastorm remains steadfast in its mission to tear down these barriers and facilitate true data understanding.”

“Lavastorm’s OEM of TERR showcases the value of our enterprise-grade R solution in the market, and further cements the strong partnership established between TIBCO Analytics and Lavastorm,” said Brian Gentile, senior vice president and general manager, TIBCO Analytics. “The integration of TERR with Lavastorm’s self-service data assembly expands the community of users to which predictive analytics can deliver value, and complements the entire TIBCO Analytics platform.”

The TIBCO Enterprise Runtime for R (TERR) engine delivers enterprise-strength speed, scalability and stability to the R language. The robustness of TERR gives data scientists the confidence of high performance of their R language models in production, which eliminates the need to rewrite their R models in another language when moving from prototype to production, allowing them to get new models to market in hours rather than days.

Lavastorm Analytics and TIBCO Software will host a webcast on February 12^th, 2015 to discuss the new predictive analytics functionalities. For more information and to sign up, please visit http://ww2.lavastorm.com/Master-Predictive-Analytics-Registration.html.

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.

About TIBCO

TIBCO Software Inc. is a global leader in infrastructure and business intelligence software. Whether it’s optimizing inventory, cross-selling products, or averting crisis before it happens, TIBCO uniquely delivers the Two-Second Advantage® — the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. With a broad mix of innovative products and services, TIBCO is the strategic technology partner trusted by businesses around the world. Learn more about TIBCO at www.tibco.com.