NEW YORK, Jan. 5, 2018 /PRNewswire/ -- Information Builders, a leader in business intelligence (BI), analytics, and data management solutions, today announced that it won two Dresner Advisory Services' Technology Innovation Awards for technology leadership in IoT Intelligence and Advanced and Predictive Analytics. This is the third consecutive year Information Builders has been recognized by the award program for its positioning as a top vendor in Dresner's annual Wisdom of Crowds series of thematic market studies. The annual reports are based on data collected from end users, providing real-world perspective on various technical capabilities related to BI and analytics markets.
The IoT has quickly become a mainstay in the daily operations of business and government, particularly among the supply chain and manufacturing industries. To harness its power, organizations must minimize the time between an event and operational response by holistically managing IoT data through real-time integration, cleansing, contextualization, and mastering; making it possible for downstream analysis. Among Information Builders' solutions for organizations seeking to realize the promises of IoT is iWay Big Data Integrator, which ensures IoT data is quickly integrated into existing information to support decision-making, improve efficiencies, and reduce costs.
Advanced and predictive analytics use techniques like statistics, modeling, machine learning, and data mining to analyze information that enables organizations to predict an outcome, according to Dresner Advisory Services. Information Builders' WebFOCUS RStat, an advanced analytic workbench, enables organizations to access and prepare historic data and advanced analytic techniques to discover relationships, while providing the ability to create business intelligence applications to distribute the results to end users. As a result, organizations can proactively anticipate what will happen tomorrow, enabling them to identify and respond to potential risks and opportunities.
Gerald Cohen, president and CEO, Information Builders, said:
"Data is integral for the success of organizations, and a key driver for digital transformation in the new connected world. At Information Builders, we deliver the solutions organizations need to uncover the insights and competitive advantages to not only survive, but thrive in this new business landscape. We are honored by Dresner Advisory Services' recognition through these two Technology Innovation Awards for our work in IoT analytics, and advanced and predictive analytics – areas that we are certain will continue to grow in importance in 2018."
Howard Dresner, founder, Dresner Advisory Services, said:
"In its third year, the Technology Innovation Awards are designed to showcase top solution providers for a range of BI and analytics-related functions. We applaud Information Builders for its leadership in these fields, and are proud to recognize them for the third consecutive year as an industry leader with two award wins in the IoT analytics and advanced and predictive analytics space."
For more information, access a copy of Dresner Advisory Services' 2017 Wisdom of Crowds™ IoT Intelligence Market Study today.
About Information Builders
Information Builders provides the industry's most scalable software solutions for data management and analytics. We help organizations operationalize and monetize their data through insights that drive action. Our integrated platform for business intelligence (BI), analytics, data integration, and data quality, combined with our proven expertise, delivers value faster, with less risk. We believe data and analytics are the drivers of digital transformation, and we're on a mission to help our customers capitalize on new opportunities in the connected world. Information Builders is headquartered in New York, NY, with global offices, and remains one of the largest privately held companies in the industry.
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SOURCE Information Builders