PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for February 18, 2009 Subscribe to this News Feed    
 

KNIME and Zementis Announce Strategic Partnership

Leading software providers deliver powerful, cost-effective, end-to-end solution to enable data mining, predictive modeling, and production deployment of statistical models based on open standards and cloud computing.

San Diego, CA and Zurich, Switzerland (PRWEB) February 18, 2009 -- Zementis, Inc., a leading provider of predictive analytics solutions, and KNIME.com GmbH, a software company focused on workflow tools for data mining, today announced a strategic partnership to deliver standards-based solutions across the data mining industry.

Zementis and KNIME are avid supporters of open standards. As the "lingua franca" for data mining and predictive analytics, both companies provide extensive support for the Predictive Model Markup Language (PMML) standard. The PMML standard continues to gain momentum, giving users a true option to exchange models between various software applications.

The KNIME platform provides a modular pipeline to visually create data flows, analyze and build predictive models, while the Zementis ADAPA scoring engine solves the last mile to deployment, integration, and scalable execution for such models in a typical IT production environment. Models created seamlessly in KNIME are readily deployed in Zementis ADAPA via PMML, adding a quantum leap in business agility, significantly reducing the total cost of ownership (TCO) for predictive analytics and increasing their value to the enterprise.

"A true SaaS offering, the ADAPA Predictive Analytics Edition on the Amazon Elastic Compute Cloud (Amazon EC2) requires zero client install and provides a pay-as-you-go option, eliminating need for the upfront investments in hardware or software licenses," said Dr. Michael Zeller, CEO of Zementis. "We are delighted to partner with KNIME to further embrace open standards and the synergies with the KNIME open-source workflow platform."

"We welcome our new partnership with Zementis because it fits perfectly with our overall strategy," said Prof. Michael Berthold, CEO of KNIME.com. "Zementis' adaptive decision technology will be a great complement to our product pipeline by adding an additional way to streamline the integration of KNIME into enterprise IT infrastructure. Being able to deploy predictive models fits in nicely with our grid support, server infrastructure and reporting toolkits."

Extending over and above product and technology synergies, the strategic partnership also complements the presence of both companies in the United States, Europe, and Asia.

ABOUT ZEMENTIS:
Zementis, Inc. is a software company focused on predictive analytics and advanced Enterprise Decision Management technology. We combine science and software to create superior business and industrial solutions for our clients. Our scientific expertise includes statistical algorithms, machine learning, neural networks, and intelligent systems and our scientists have a proven record in producing effective predictive models to extract hidden patterns from a variety of data types. It is complemented by our product offering ADAPA®, a decision engine framework for real-time execution of predictive models and rules. For more information please visit www.zementis.com.

Contact:
David DeVol
Zementis, Inc.
619.330.0780 x 1008
info (at) zementis (dot) com
http://www.zementis.com

ABOUT KNIME.com:
KNIME.com GmbH provides commercial enterprise solutions and services around the open-source platform KNIME. The modular data exploration platform, initially developed at the University of Konstanz, Germany, enables the user to visually create data flows - or pipelines, execute selected analysis steps, and later investigate the results through interactive views on data and models. Our product pipeline includes a KNIME Enterprise Server, grid support, reporting solutions, and commercially-supported KNIME distributions for typical requirements in business environments. We also offer services such as support for KNIME, data analysis, hands-on training and the development of customized components for KNIME. Please see www.knime.org for more information.

Contact:
Fabian Dill
KNIME.com GmbH
Technoparkstr. 1
8005 Zurich, Switzerland
Fabian.Dill (at) knime (dot) org
http://www.knime.org

###

Other Releases by this Member
OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
Email this story to a colleague
CONTACT INFORMATION
David D. Devol
Zementis, Inc
16193300178
Email us Here
Wendy Cheung
Zementis, Inc
16193300780
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.