Click here to close now.



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
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
The principles behind DevOps are not new - for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people. In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
Advances in technology and ubiquitous connectivity have made the utilization of a dispersed workforce more common. Whether that remote team is located across the street or country, management styles/ approaches will have to be adjusted to accommodate this new dynamic. In his session at 17th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., focused on the challenges of managing remote teams, providing real-world examples that demonstrate what works and what do...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
Father business cycles and digital consumers are forcing enterprises to respond faster to customer needs and competitive demands. Successful integration of DevOps and Agile development will be key for business success in today’s digital economy. In his session at DevOps Summit, Pradeep Prabhu, Co-Founder & CEO of Cloudmunch, covered the critical practices that enterprises should consider to seamlessly integrate Agile and DevOps processes, barriers to implementing this in the enterprise, and pr...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...