Welcome!

News Feed Item

RapidMiner Adds Chief Revenue Officer Andy Menzies

Software Industry Expert Joins Leader in Fast Growing Predictive Analytics Market

BOSTON, MA -- (Marketwired) -- 01/27/14 -- RapidMiner, the de-facto industry standard for predictive analytics built on an open stack, today announced Andy Menzies has joined the executive team as Chief Revenue Officer (CRO). In this position, he will lead all revenue and service activities for RapidMiner, including direct and indirect sales, professional services, customer support and strategic alliances. Research and Markets, an industry research firm, estimates the global market for predictive analytics will "grow at a CAGR of 30.19 percent over the period 2014-2018(1)."

RapidMiner is well-positioned to capitalize on the market demand for predictive analytics. The company helps customers accelerate their adoption of data mining and extract value from their data. RapidMiner 6 has been called "a potential game changer", "one of the most exciting things to happen to data mining" (David Norris, Bloor Research(2)); and "an extraordinarily good analytics workbench" (Martin Butler, Butler Analytics(3)), among other accolades.

Industry Veteran's Background Provides Valuable Asset for High Growth Company

Prior to joining the company, Menzies held executive leadership roles at complex event processing start-ups StreamBase and Apama where he built and executed go-to-market strategies culminating in high growth and successful exits. (Progress Software acquired Apama in April 2005 and TIBCO acquired StreamBase June 2013.) He is an industry veteran and has also held sales management positions at Business Objects, Cognos, SAP and Siebel.

"Andy's professional experience and market expertise will help accelerate our enterprise sales and channel(s) business. This experience coupled with his results-oriented approach, is especially important given how active the predictive analytics market is currently," said Ingo Mierswa, co-founder and CEO of RapidMiner. "There's no time to waste on 'coming up to speed'."

Menzies will also be coordinating revenue-generating activities between RapidMiner's Boston headquarters, the Dortmund, Germany R&D office, and the distributed sales force, supporting a significant expansion in the U.S.

"The new version of RapidMiner enables business analysts and other non-technical users to more easily apply predictive analytics to company data. This zero-programming approach allows business users to quickly produce customer churn predictions, optimized marketing campaigns, social media sentiment, and predictions of factory machinery breakdowns and maintenance schedules," said Menzies. "There is a clear opportunity, both with this company and in this rapidly expanding market, to put RapidMiner predictive analytics on the desktops of business analysts everywhere."

About RapidMiner
Pioneering advanced analytics vendor RapidMiner is redefining how business analysts use Big Data to predict the future. With an open source heritage, RapidMiner is one of today's most widely known and used predictive analytics platforms, providing powerful solutions for a wide variety of industries. For more information, visit www.rapidminer.com.

(1) Research and Markets, Global Predictive Analytics Market 2014-2018, Published: November 2013.
(2) http://www.bloorresearch.com/analysis/rapidminer-a-potential-game-changer
(3) http://butleranalytics.com/rapidminer-6-review

Media Contact:
Larry Bouchie
781-620-0278
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...