Zementis and SAIC Sign Marketing Agreement
Companies work together to deliver breakthrough predictive analytics solutions to utility companies.
San Diego, CA (PRWEB) October 23, 2009 -- Zementis, Inc., a leading provider of predictive analytics solutions, today announced that it has signed a marketing agreement with Science Applications International Corporation (SAIC) [NYSE:SAI], a FORTUNE 500® scientific, engineering, and technology applications company, to deliver real-time predictive analytics to utility companies.
In the global quest for Smart Grid technology, predictive analytics enables intelligent solutions which save energy, reduce cost and increase reliability. Zementis' expertise in building and deploying predictive analytics combined with SAIC's deep domain knowledge in the energy sector culminated into a collaborative solution that helps utility providers be more efficient and agile in addressing their core operational challenges.
ADAPA®, the industry advancing decision engine perfected by Zementis, allows for the seamless execution of rules and predictive models, embedded into the business processes. In this way, business logic and data driven decisions are used in conjunction to address decisioning challenges in many industries, especially the energy sector.
According to Paul Halpin, Vice President at SAIC, "We look forward to working with Zementis to market a precise and concise predictive analytics framework."
"This collaboration represents a concrete step in providing utility companies the full benefit of predictive analytics. The ADAPA decision engine unlocks the power hidden inside historical data. It provides real-time, data-driven decisions within any business process, fueling the core intelligence of the Smart Grid," said Alex Guazzelli, Vice President of Analytics at Zementis. "We are delighted to work with SAIC to address the many challenges utility companies face in their transition towards a modernized electricity network."
About Zementis
Zementis, Inc. is committed to empower the industry with leading decision technology and advanced predictive analytics. We employ our scalable ADAPA decision engine platform to deliver industry-specific solutions which require an enterprise-wide approach to orchestrate business processes in real-time. Focused on business value, Zementis provides predictive analytics expertise and software solutions which help our clients leverage the true power of predictive models.
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