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KDnuggets and Rexer Analytics: RapidMiner is leading the way in the popularity stakes and customer satisfaction

London, 09 June 2010 - According to recent surveys on data mining, Rapid-I, a leading provider of open source solutions for predictive analytics, data mining and text mining, is considered an industry leader. The findings of the two data mining surveys by KDnuggets and Rexer Analytics show that RapidMiner is now the most widely used data mining solution worldwide. It is also one of the top companies in terms of customer satisfaction in both open and closed source environments.

KDnuggets, the world's leading web portal for information on data mining, has revealed that more than one third (37.8 percent) of the 912 data miners polled had used RapidMiner productively and placed the open source system for data and text mining at the top of the survey. Having already been chosen as the most widely used open source data mining in the previous three annual KDnuggets surveys, these findings continue RapidMiner's success story. This year, however, RapidMiner has raised the bar still further and also came top in the overall analysis - which included a comparison with closed source solutions.

Furthermore, this year's survey showed that RapidMiner is growing at the fastest pace, with 79 percent growth-increase compared to the previous year. Factors for this growth curve are the sophisticated technology, cost-efficiency and easy handling. With its latest version, RapidMiner 5.0, Rapid-I has presented the market with a powerful tool that helps companies map and manage the business intelligence process chain comprising analytical ETL, data mining and predictive reporting.

RapidMiner also achieved top results in the 3rd Annual Data Miner Survey conducted by Rexer Analytics, a consultancy firm that focuses on advanced analytics, knowledge discovery and CRM. Ninety one percent of those who claimed to use RapidMiner as their primary data mining solution thought it extremely likely that they would continue to deploy RapidMiner over the next three years.

Rapid-I was also one of the front-runners in terms of customer satisfaction with its solutions: more than 90 percent of the RapidMiner customers interviewed stated that they are satisfied with the solution, more than 40 percent are even very satisfied.

"The findings of the KDnuggets and Rexer Analytics surveys show that our concept of combining cutting-edge technology with an attractive open source model is absolutely on the mark,“ commented Dr. Ingo Mierswa, CEO of Rapid-I. "We are particularly delighted that the survey indicated such a high degree of customer satisfaction; because this is the greatest testimony to our success!"

Note to the editors:

For full details of the KDnuggets 2010 survey, please visit http://www.kdnuggets.com/polls/2010/data-mining-analytics-to....
Further information on RapidMiner 5.0 can be found at http://rapid-i.com/content/view/193/66/.

About Rapid-I

Rapid-I is a leading provider of software, solutions and services in the field of predictive analytics, data mining and text mining and offers its customers automated intelligent analysis of even large text and data volumes as well as automatic classification and forecasting systems. The open source data mining specialist Rapid-I enables companies to use leading-edge technologies for intelligent data mining, thus allowing them to exploit and leverage hitherto unused business intelligence from existing data. Rapid-I has more than 200 customers in more than 40 countries worldwide. As well as many medium-sized companies, these also include renowned companies, such as Allianz, comdirekt, EADS, E.ON Ruhrgas, GfK, Libri, Lufthansa Systems, mobilkom austria, Pervasive, Salzgitter Mannesmann, Sanofi-Aventis, Schober, Schott, Siemens and ThyssenKrupp.

For further information please contact:

Penny Flood
Ascendant Communications
Tel: +44 (0) 7956 425 938
Email: pflood@ascendcomms.net









This press release was distributed by ResponseSource Press Release Wire on behalf of Ascendant Communications in the following categories: Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.