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Bluenose Analytics Secures $10M to Help Businesses Reduce Customer Churn & Drive Revenue

San Francisco, CA (PRWEB) December 11, 2013

Bluenose Analytics today announced it has secured $ 10 million in venture funding from The Social+Capital Partnership and Norwest Venture Partners (NVP). The funding includes a two million dollar seed investment led by The Social+Capital Partnership and an eight million dollar Series A led by NVP.

With a successful beta launch earlier this year, Bluenose will leverage the investment to continue expanding the capabilities of its platform, including deepening its predictive analytics. Bluenose is also deepening its executive team with thought leaders to drive content focused on customer retention best practices.

“For companies with recurring revenue models, customer churn is the number one threat to success and sustainability,” said Jeffrey M. Kaplan, managing director of THINKstrategies, Inc. and founder of the Cloud Computing Showplace. “Businesses need a powerful analytics platform to make the most of the growing amount of data they can collect about their customer base and turn it into additional revenue-generating outcomes.”

Built from the ground up by software-as-a-service experts, the Bluenose Analytics platform helps companies identify customer issues early, including the drivers of churn. By combining business intelligence and automated customer engagement, Bluenose pinpoints at-risk customers and opportunities to up-sell at every stage in the lifecycle.

“We invested in Bluenose early on – when it was Don, Todd, and a value proposition that resonated with us,” said Mamoon Hamid, general partner at The Social+Capital Partnership. “One of the biggest challenges that businesses face is identifying at-risk customers who are likely to churn versus happy customers who are likely to buy more. Bluenose is addressing this opportunity by providing actionable insights to businesses so they can further delight their customers with the right products and features.”

“With an impressive team and deep analytics expertise, Bluenose is the company to help businesses finally realize the power of big data for improving and retaining customer relationships,” said Matthew Howard, managing partner, NVP. "This investment reinforces our continued focus on cloud-based technologies that drive better business practices and more opportunities for growth.”

“Bluenose is in a very unique position, thanks to the support of two of the most successful and forward-thinking SaaS investors in the industry,” said Don MacLennan, founder and CEO of Bluenose Analytics. “NVP and Social+Capital have a record of working with innovators who have changed an industry landscape - which is exactly what Bluenose intends to do for customer analytics.”

With this investment, Mamoon Hamid and Matthew Howard have joined the Bluenose Analytics board of directors.

About The Social+Capital Partnership

The Social+Capital Partnership ("Social Capital") is a partnership of philanthropists, technologists and capitalists utilizing venture capital as a force to create value and change on a global scale. The Partnership is based in Palo Alto, California and is on the web at

About Norwest Venture Partners

Norwest Venture Partners (NVP) is a multi-stage venture capital and growth equity investment firm that has partnered with entrepreneurs to build great businesses for more than 50 years. The firm manages over $ 3.7 billion in capital and has funded more than 500 companies since inception. Headquartered in Palo Alto, Calif., NVP has subsidiaries in Mumbai and Bengaluru, India and Herzelia, Israel. NVP makes early to late-stage venture and growth equity investments across a wide range of sectors including: technology, information services, business services, financial services, consumer products/services and healthcare. For more information, please visit Follow NVP on Twitter @NorwestVP

About Bluenose Analytics

Bluenose provides a customer success platform for software-as-a-service businesses to increase revenue, using predictive analytics to engage at-risk customers and identify drivers of churn. For more information, visit


Analytics Market: Predictive, Healthcare, Outsourcing and SaaS-Based Business Analysis in Research Reports at

Dallas, Texas (PRWEB) December 05, 2013

The cloud is fast becoming an important option for purchasing and deploying the software. Enterprises are increasingly investing in cloud-based offerings for their operational systems. A cloud-based deployment allows the embedding of predictive analytics in the solution. The target systems can be custom or packaged solutions and can be delivered in the cloud or on-premises. Cloud-based deployment is also used to embed 'customer churn' predictions in cloud-customer relationship management. The solutions based on cloud-based predictive analytics are well established in customer relationship management, human resources, and marketing. In addition, cloud-based predictive analytics ( is also used in the decision-making process and is known as Decision as a Service. Furthermore, the cloud empowers enterprises to deliver elastic computing power for building predictive analytics models.

Analysts forecast the Global Predictive Analytics market to grow at a CAGR of 30.19 percent over the period 2014-2018. According to the report, one of the major growth drivers in the market is the increasing need of enterprises to remain competitive in the market, which they achieve by implementing predictive analytics in their business processes.

Further, the report states that one of the major challenges is lack of awareness. It is often observed that enterprises are not aware of the potential benefits of implementing predictive analytics in their business processes.

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The report recognizes the following companies as the key players in the Global Predictive Analytics Market: IBM Corp., SAP AG, SAS Institute Inc., and TIBCO Software Inc.

Other vendors mentioned in the report are Angoss Software Corp., KXEN Inc., Megaputer Intelligence Inc., PegaSystems Inc., Pitney Bowes Inc., Revolution Analytics, and StatSoft Inc.

Key questions answered in this report:

1.    What will the market size be in 2018 and what will the growth rate be?

2.    What are the key market trends?

3.    What is driving this market?

4.    What are the challenges to market growth?

5.    Who are the key vendors in this market space?

6.    What are the market opportunities and threats faced by the key vendors?

7.    What are the strengths and weaknesses of the key vendors?

Global Healthcare Data Analytics Market 2012-2016 (

Global Healthcare Data Analytics market to grow at a CAGR of 22.30 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing need for effectively using patients' information. The Global Healthcare Data Analytics market has also been witnessing the increasing use of cloud computing technology. However, the increasing cost of implementing analytics could pose a challenge to the growth of this market.

The key vendors dominating this market space are MEDai Inc., MedeAnalytics Inc., OptumHealth Care Solutions Inc., and Verisk Analytics Inc.

Other vendors mentioned in the report are Allscripts Healthcare Solutions Inc., Cerner Corp., Hewlett-Packard Co., IBM Corp., McKesson Corp., Oracle Corp., Truven Health Analytics, and VitalSprings Technologies Inc.

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Global SaaS-Based Business Analytics Market 2012-2016 ( Analysts forecast the Global SaaS-based Business Analytics market to grow at a CAGR of 24.51 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve efficiency and reduce overall operational costs. The Global SaaS-based Business Analytics market has also been witnessing the emergence of advanced analytics. However, the presence of a large number of open-source analytics vendors could pose a challenge to the growth of this market.

The key vendors dominating this market space are Microstrategy Inc., Oracle Corp., QlikTech Inc., and TIBCO Software.

Other vendors mentioned in the report are Actuate Corp., Adaptive Planning Inc., Bime, Birst Inc., Cloud9 Analytics, Gooddata Corp., Host Analytics, IBM Corp., Indicee, Inc., Infor Global Solutions Inc., Jaspersoft Corp., Microsoft Corp., SAP AG, SAS Institute Inc, Tableau Software, Teradata Corp., and Vmware Inc.

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Global Data Analytics Outsourcing Market 2012-2016 (

Analysts forecast the Global Data Analytics Outsourcing market to grow at a CAGR of 31.68 percent over the period 2012-2016. One of the key factors contributing to this market growth is the rapid expansion of data. The Global Data Analytics Outsourcing market has also been witnessing the emergence of social analytics. However, the lack of awareness about data analytics could pose a challenge to the growth of this market.

The key vendors dominating this space include Fractal analytics Ltd., Tata Consultancy Services Ltd., WIPRO Ltd., and ZS Associates Inc.

The other vendors mentioned in the report are American Express, Capgemini S.A., Citigroup Inc., Cognizant, Credit Rating Information Service of India Ltd., Eclerx Services Ltd., Evalueserve Ltd., EXL Services Holding Inc., Fractal Analytics Ltd., Genpact Ltd., Mu Sigma Inc., Opera Solutions, Infosys Ltd., TCS Ltd., UBS AG, and WNS Holdings Ltd.

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About Us is an online market research reports library of 200,000+ reports and in-depth studies of 5000+ micro markets.

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Scientel Gensonix

Bingham Farms, MI (PRWEB) June 18, 2013

Big Data can in practice be considered: Structured data greater than 20 TB; or Unstructured data greater than 1 TB; or Data acquired from outside sources in large volumes.

Big data is everyone's data today. Big data used to be only for large corporations that needed to handle large amounts of structured commercial data. This is not current reality. Big data is now in practice defined as: Structured data greater than 20 TB; or Unstructured data greater than 1 TB; or a combination of these when speaking strictly in terms of size. Large volumes and high input/processing speed requirements are also characteristic of Big Data.

But speaking in terms of group or class, Big Data is often referred to also as data that is not generated in-house, but is acquired and utilized for purposes such as analytics and business intelligence. Consider the following example: An insurance company releases a customized version of a policy for teenage drivers. An agent previews the sales statistics and realizes he has not met the quota of expected sales. They are definitely in the need to make a decision whether to keep carrying the policy or not. Often times, a totally wrong decision is made by dropping the program based on in-house data statistics only. In this case, Big Data can be brought in to make a better-informed decision and solve the problem faced by the agency. The agency can acquire sales statistics for that type of policy from around the state as well as from around the country. Either of the data sets could provide proper analytics with regard to the sales statistics of the particular policy across the state and across the country and would allow the agency to make the right decision. Assuming the policy sells well elsewhere within the state, the agency can take a certain course of action to adjust their sales methodologies. However in the case of the policy not selling well within the state but doing well around the country, the agency can take a different route to fine tune their marketing strategy as well as modify the policy structure in conjunction with their underwriters. In either case they are able to make the proper decision to keep carrying the program by addressing the deficiencies in both situations. This example illustrates how Big Data Analytics is brought to bear in even relatively small/average business environments. However, Big Data analytics requires the right hardware and ideally the right NoSQL type DBMS to handle the loads with high storage efficiency and speed. GENSONIX


Congressman Darrell Issa & David Williams, Inspector General of USPS, to Keynote at Predictive Analytics World for Government 2013

Washington, D.C. (PRWEB) July 18, 2013

Where do the Chairman of the House Committee on Oversight and Government Reform, the Inspector General of the USPS, IRS and Treasury officials, the Army, the Navy and the Chief Actuary of VA find common ground? At Predictive Analytics World for Government (PAW-GOV), September 18-19, 2013 in Washington, DC.

The agenda and speakers for this industry leading and only vendor-neutral analytics conference for government have been confirmed. Last year, 500+ attendees came together for this established networking event, a figure that looks to be increased in 2013.

Unlike general conferences, PAWGOV is specifically designed to help government leaders, analysts and program managers understand how they can apply predictive analytics more efficiently and effectively. On the agenda are hot button topics such as fraud detection using predictive analytics, extracting intelligence from big data, staff forecasting, text analytics and mining unstructured data, open data and data transparency legislation (DATA Act), DODs Data to Decisions big data initiative, SECs use of analytics to detect fraud and insider trading, building an analytics capability in the Federal government, how to overcome obstacles to analytics and how to get ROI from data analytics.

Leading the charge are PAWGOVs two keynote speakers:


dashboardMD Partners with Henry Scheins MicroMD to Provide Integrated Healthcare Analytics and Turnkey Business Intelligence Reporting

(PRWEB) June 03, 2013

dashboardMD, a leading provider of business intelligence reporting solutions for healthcare, is further expanding its healthcare dashboards and intelligent reporting solutions through a strategic partnership with Henry Schein MicroMD


Jigsaw Conducts Big Data Analytics Overview Workshop in Bangalore

Bangalore, India (PRWEB) July 31, 2013

Jigsaw Academy, a best in its class analytics training academy that delivers online and video based courses in analytics and Big Data, conducted a Big Data Analytics Overview workshop in Bangalore on the 25th and 26th of July.

Jigsaw Academy partnered with UNICOM Learning Solutions, to deliver this workshop that covered concepts of analytics as well as several specifics related to analytics with Big Data. It provided participants a thorough overview of how Big Data tools like Hadoop and MapReduce are used for distributed computing, the ecosystem of Big Data technology and how they fit in the lifecycle of business analytics. The workshop also provided participants with training on R to both process data as well as generate predictive models.

"We had about twenty participants, who were broadly mid-senior level analysts and managers from companies like Fidelity, Target, Akamai, NIIT, TCS," says Kiran, an instructor at Jigsaw who was one of the chief trainers at the workshop. Kiran is a graduate of IIT-Madras with more than five years of professional experience in business analytics industry.

"The participants were very enthusiastic to learn about Big Data concepts and made the sessions very interesting and lively. They asked a lot of questions and participated in the case studies with much interest," says Sarita Digumarti, another Jigsaw trainer at the workshop. Sarita has over 10 years of extensive analytics and consulting experience across diverse domains including FMCG, retail and healthcare.

The business world is abuzz with analytics and Big Data talk and management professionals across the board are realizing how vital it is for them to understand and use analytics and big data tools. As one of the participants rightly said, "We all understand just what a big deal analytics is today and how the insights that analytics and Big Data bring to the table can be used to make some very important business decisions. We know that if we do not have some hands on experience with these tools, then we will not be able to use the insights to make business decisions effectively."

About the company

Jigsaw Academy is a first of its kind online learning academy that provides industry-relevant e-training and education in the field of data science and analytics to develop business-ready professionals. Its carefully-designed courses are a unique blend of statistics, statistical tools and industry knowledge, all taught through real life examples.

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Go Beyond Sports: Unlock the Value of Sports Analytics at the Sports Analytics Innovation Summit, Sept 12 & 13, Boston

Boston, MA (PRWEB) June 20, 2013

At sports pitches, tracks and stadiums around the world, the line between success and failure is getting slimmer and sports franchises are turning to new technologies and measurements to give themselves the competitive edge.

The Sports Analytics Innovation Summit will gather over 200 sports performance and analytics leaders in Boston on September 12 & 13 for a unique event to discuss this new and often secretive field.

With the increased use of analytics across elite sports, the sharing of information on how teams are leveraging data for success both on and off the field is vital to continued growth within this specialist field. Teams from across the globe will be arriving to discuss the use of analytics in sports ranging from the development of elite athletes to targeted training techniques amongst the world's most famous major league teams.

Speakers from Manchester United, The NFL and Nike will join an elite group of analysts and innovators to share the secrets behind their sporting and business successes in a thought provoking and innovative environment.

With a multifaceted format this summit is divided into 4 tracks on the following themes: Performance Analysis, Business in Sport, Sport Tech Innovation and Digital Sport Innovation.

"We are seeing an increased dependence on analytics in all aspects of sporting performance" said Rebecca Barrie, International Events Director at Innovation Enterprise. "This summit will provide the ideal platform for those looking to learn more about this new and exciting area within not only elite sports performance but also from a marketing and business point of view, whilst also allowing those working in the field to share ideas in an informal setting".

George Hill, Managing Editor for Sports Performance & Technology had this to say about previous events "These kind of events are what those of us working in the industry need, not only to make sure we are working at the cutting edge but also to make sure we aren't making mistakes that others have made in the past. Increasingly we are seeing that without peer to peer discussions, those working within this emerging field are often not utilizing new technologies or approaches in the best ways".

With its world-class content, interactive sessions and networking opportunities this summit will provide the insight necessary to pioneer strategies in your organization.

For a complete list of speakers, timings and for registration visit:

About Innovation Enterprise:

Innovation Enterprise, a CFO Publishing company is an independent business-to-business multi-channel media brand focused on the information needs of Senior Finance, Operations, Planning, Strategy, Decision Support & Advanced Analytics executives. Products include IE.Summits, IE.Finance, IE.Analytics, IE.Operations, IE.Strategy, IE.Membership and IE.Insights.

Whether it's delivered online, or in person, everything IE produces reflects the company's unshakeable belief in the power of information to spur innovation.


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The Predictive Analytics Times Unveils Complete Online Portal to House and Expand its Popular Online Magazine Title

Boston, Ma (PRWEB) June 11, 2013

Rising Media, Inc. producer of the Predictive Analytics World conference series today announced the launch of The Predictive Analytics Times news portal, the world's first comprehensive online portal focused exclusively on the commercial and governmental deployment of predictive analytics. This upgrade to the popular online magazine features a new look, clearer structure and navigation, expanded content, mobile-friendly functionality, and new site features designed to improve reader experience. The online magazine has been reimagined as a news and information portal in order to keep predictive analytics professionals and data scientists a step ahead of the industry practices and technology curve.

"The new portal format is designed to provide a top-notch user experience that responds to the needs of our rapidly growing and increasingly mobile readership, said Adam Kahn, Publisher. Today we unwrap a new look, a more intuitive and mobile-optimized site structure, and rich new content -- including blogs from some of the industrys top practitioners, a book section, webinars and whitepapers, to name just a few.

Yan Krupnik and Dean Abbott join a writing team led by Dr. Eric Siegel, Executive Editor of The Predictive Analytics Times and author of Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die. We're making our content even more compelling and relevant to the lives of the analysts we serve, Kahn said. The Predictive Analytics Times will provide deep thought leadership and industry analysis from process and methodology trends to policy, privacy and organizational management issues. Our aim is to become the leading 'go-to' resource for the greater predictive analytics community."

About Predictive Analytics Times

The Predictive Analytics Times has quickly become the online destination for the constantly evolving predictive analytics community. Its team is dedicated to creating a content portal that offers timely and relevant articles, blogs, whitepapers and webinars, ensuring that the Predictive Analytics Times is your resource for industry leading content and information.

Most importantly, the Predictive Analytics Times is committed to the advancement of the predictive analytics community.

To view the Predictive Analytics Times, visit

About Rising Media

Rising Media is a global events producer and publisher excelling in Internet and technology-related conferences, exhibitions and publications. Rising Media produced events include eMetrics Summit, Context, Conversion Conference, DemandCon, Predictive Analytics World, Text Analytics World, Affiliate Management Days, Building Business Capability, Social Media Economy Days, Web Effectiveness Conference, Search Marketing Expo, SemTech and Social Gaming Summit in the US, Canada, UK, France, Germany, Sweden, Finland and Australia.


Ayata Celebrates 10 Years of Big Data Software, Helping Customers See and Shape the Future with Prescriptive Analytics

Austin, TX (PRWEB) May 29, 2013

Ayata, the inventor of prescriptive analytics software for big data, is celebrating its 10-year anniversary. Ayata started as a research laboratory for developing the third and final stage of big data analytics - prescriptive analytics. Since then, the companys prescriptive analytics software has been used by major high-tech and energy customers such as Cisco, Microsoft, Dell, and Apache Corporation to manage sales, improve customer service, launch new products, streamline parts logistics and increase oil production.

Before Ayata, companies could only use big data tools for descriptive and predictive analytics. While these two stages have proven to be tremendously valuable, companies have sought software to not just describe the past and predict the future, but prescribe actions that can improve future performance.

Ayata's patented technology for prescriptive analytics combines thousands of variables from numeric-based structured data as well as unstructured data such as images, videos, texts and sounds. By using both types of data, Ayata software provides a more complete picture of future outcomes along with time-sensitive prescriptions to improve them.

Ayatas prescriptive analytics software has several applications in the oil and gas industry. For example, more than 90 percent of the one million oil producing wells in the world use artificial lift pumps to push hydrocarbons to the surface. Ayata software can predict pump failures and preempt production loss due to pump failures.

Ayatas prescriptive analytics technology has the potential to make a significant impact in the oil and gas industry, said Ayata CEO Atanu Basu. Hundreds of thousands of barrels of oil are lost every day due to unpredictable electronic submersible pump failures. Ayatas software can predict not only what pumps might fail, when and why, but also prescribe actions to minimize the anticipated production loss. Our technology can do the same for other types of artificial lift mechanisms.

About Ayata

Ayata is a big data analytics software company focused on prescriptive analytics with hybrid data. Ayatas software helps large corporations see and shape the future of their mission critical processes. Prescriptive analytics is the science of automatically synthesizing big data with mathematical and computational sciences to make smarter decisions about the future. Ayatas prescriptive analytics software not only predicts future outcomes, but also prescribes decision options to improve the predicted future and shows the impact of each decision option. Ayatas customers include Fortune 500 corporations in energy and high-tech industries. For more information on Ayata, visit


Mobility and Big Data Analytics Provider NuWare Announces the Appointment of Rohit Shyam as Chief Strategy & Marketing Officer

San Francisco, CA (PRWEB) January 07, 2013

NuWare Technology Corp., a leading provider of Mobility, Big Data Analytics, and Cloud Infrastructure Management solutions to Life Sciences, Capital Markets, and Retail industries announced today the appointment of Rohit Shyam as Chief Strategy & Marketing Officer.

In his 20 years with companies such as IBM, CSC, Booz Allen & Hamilton, Accelrys, and SAIC, as well as innovative tech ventures, Mr. Shyam showed flair for transformative change and for shaking up the status quo.

Mr. Shyam has proven experience in growing technology businesses through effective marketing. Most recently, Mr. Shyam served as Partner at a Private Equity Firm focusing on Healthcare, Big Data & Cloud Computing space. Prior to that he was the Chief Marketing Officer at Accelrys Inc. where he led marketing, innovation, strategy, and M&A and ushered the company into verticals such as Life Sciences, Energy, and CPG. Prior to joining Accelrys, Rohit has served as Partner for Computer Sciences Corporation. Rohit was a Principal at IBM, where he helped launch its life sciences practice. He also led strategic consulting initiatives as a Principal at Booz Allen Hamilton and as Senior Vice President of SAIC and has had success as a start-up company entrepreneur.

Commenting on Mr. Shyam's appointment, Venk Krishnan NuWares Founder, President, and Chief Executive Officer, said: "This is a strategic appointment for NuWare and signals the next phase in our evolution as a global business. NuWare is at the point where we need someone to focus full time on corporate development, M&A, strategy, branding, and marketing. Rohit's background and expertise in the Life Science and CPG/Retail markets and understanding of the applications of Cloud Computing, Big Data Analytics, and Mobility make him an excellent choice for this role. Its a pleasure to have such an experienced professional in place and leading this critical part of our business and driving forward our strategy to capture the commercial benefits presented by changing technology and customer requirements and to achieve our growth ambition.

Mr. Shyam holds a B.S. in Computer Engineering from Lehigh University and an M.B.A. from The Kellogg School of Management at Northwestern University.

About NuWare Technology Corp.

NuWare is a leader in Cloud based Solutions, Infrastructure Management, Mobility and Social & Big Data Analytics. Our Innovation accelerates the competitiveness of our clients. NuWare develops solutions and provides professional services for Capital Markets, CPG/Retail, and Life Sciences industry verticals. Our solutions are used by Sales & Marketing, Operations, IT, and Supply Chain professionals for gaining deep insights from their data silos, rapid mobilization of both legacy and SaaS applications, remote infrastructure management, and social analytics. Our technology and services are designed to meet the needs of today's leading organizations. Several organizations in Life Sciences, Capital Markets, and CPG/Retail use our solutions.

NuWare partners with leading and innovative companies such as QlikView, Talend, MongoDB, CouchDB, Veliq, Cadis, MarkIT, Salesforce, Workday, Hortonworks, Greenplum, Oracle, Amazon AWS, Riak, Cassandra, Actian, Fonemine, Membase, MapR, Tableau, HBase, Datastax, Redis, and Valgenesis.

NuWare has offices in San Francisco, Houston, Chicago, Iselin, Bangalore, and Macau. For more information about NuWare, visit its website at

CONTACT: NuWare Technology Corp.

Samantha Adlard, 650.539.4001


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