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, Calif., 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: 210. 247.3870
F: 210.348.1003
E: [email protected]

Jonathan D. Lovitz
OpenCommunications, Opera Solutions' PR
P: 917.409.8940
E: [email protected]

SOURCE Frost & Sullivan

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
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.