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
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
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...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.