Welcome!

News Feed Item

Frost & Sullivan Presents Opera Solutions with Its 2013 Global Frost & Sullivan Award for Customer Value Leadership

-- Big Data predictive analytics company selected for its track record of definitively driving profitability and growth for its commercial customers

MOUNTAIN VIEW, California, Jan. 21, 2014 /PRNewswire/ -- Frost & Sullivan, the global growth consulting firm, has presented Opera Solutions with its 2013 Frost & Sullivan Award for Customer Value Leadership. The Big Data predictive analytics company was honored for its superior ability to drive measureable ROI and competitive advantage for its customers by combining human expertise, large-scale data management technology, and machine learning science. The company's Software-as-a-Service (SaaS) delivery model ensures that customers do not have to invest significantly in infrastructure or IT support to obtain rapid and significant value from today's Big Data flows.

Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company's unparalleled focus on enhancing the value that its customers receive—beyond simply good customer service—leading to improved customer retention and customer base expansion. Frost & Sullivan bases its decision on extensive private market research and confidential interviews with end users and does not accept solicitations or applications for this award from nominees. The honor is awarded only when a candidate company meets Frost & Sullivan's criteria.

Opera Solutions' flagship offering, Signal Hubs™, continually extracts, updates, and stores the valuable predictive patterns and variances that exist in Big Data for large enterprises. Signal Hubs organize the variables in a way that allows scientists to easily access and use them in models focused on solving business issues such as recommending products to individual consumers, reducing churn, and warning of attrition and fraud.

Other popular offerings from Opera Solutions include Signal Products, which are cloud-based solutions that focus on applying advanced analytics to solve specific industry problems. Signal Products include: Hospital Revenue Leakage, SignalSensor™ Threat Assessment Platform, Signalytics™ Spend Intelligence Suite, and Mobiuss® Valuation and Risk Management. Signal Products and Signal Hubs can be implemented in the customer's business processes in two to three months or less.

The company also offers Analytics Partnerships, service and technology-based offerings that help clients accelerate their Big Data strategies and initiatives.

"Opera Solutions' distinguishing features include its highly advanced Signal Hubs, Signal Products, and a massive repository of predictive Signals, which combined with the company's staff of industry-leading scientists, business domain experts, and software developers, puts the company in a strong competitive position in the global Big Data analytics market," said Frost & Sullivan Industry Director Jeff Cotrupe.

With a goal to offer best-in-class solutions and services, the company leverages its technological expertise to develop highly scalable technology that can effectively respond to the diverse complexities of Big Data. Opera Solutions flexibly handles all data forms (structured, semi-structured and unstructured), as well as the data warehouse system used and the processing approach. It works on top of all major databases (Oracle, SAP, Teradata) and integrates with HPCC, SAP HANA, and Oracle's Big Data Appliance and Exalytics In-Memory Machine, as well as Hadoop.

The company is also distinct in its method of prepackaging advanced machine learning science and providing a new capability for companies and government to rapidly turn raw Big Data flows into value. In addition, Signal Hubs allow scientists to skip the difficult step of transforming lab models into production-ready models. Similarly, its Signal Products leverage innovative scientific approaches, package user-friendly technology, and deliver the solutions through an IT-light, cloud-based method.

"Opera Solutions' products are designed for a wide array of requirements, such as identifying credit card and healthcare fraud, matching individual consumers with the most likely next product they are likely to buy, finding new savings opportunities for procurement operations, and forecasting the sales of a specific apparel brand in a retail store," noted Cotrupe. "Its diversity of offerings and ability to focus on a wide stratum of market segments give it an enviable position in the market."

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Opera Solutions, LLC

Opera Solutions (www.operasolutions.com, @OperaSolutions) combines advanced science, technology, and domain knowledge to extract predictive intelligence from Big Data and turn it into insights and recommended actions that help people make smarter decisions, work more productively, serve their customers better, grow revenues, and reduce expenses. Its solutions, delivered as a service, are today delivering results in some of the world's most respected organizations in financial services, healthcare, hospitality, telecommunications, and government. Opera Solutions is headquartered in Jersey City, N.J., with other offices in North America, Europe, and Asia. For more information, visit the website or call 1-855-OPERA-22.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the Global 1000, emerging businesses, the public sector, and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:        Gain access to visionary innovation

Contact:

Mireya Espinoza
P: +1-210-247-3870
F: +1-210-348-1003
E: [email protected]

Jonathan D. Lovitz
OpenCommunications, Opera Solutions' PR
P: +1-917-409-8940
E: [email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, will provide economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session will also include a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...