Insightful Corporation (NASDAQ:IFUL), a leading provider of predictive analytics and reporting solutions, today announced that DemandTec, Inc., the leading provider of Consumer-Centric Merchandising, Sales and Marketing solutions for the retail and consumer products industries, will deploy Insightfulâs S-PLUSÂ® software platform for DemandTecâs analytics and reporting solutions and for the prototyping of new solutions.
DemandTec, headquartered in San Carlos, California, selected Insightfulâs S-PLUS after a thorough evaluation of all commercially available statistical and analytics software packages. The company will use S-PLUS for analysis of customer data as well as for prototyping scientific methodologies that support DemandTecâs pricing and promotion optimization software offering. DemandTec replaced its prior statistical analysis software package with S-PLUS because of S-PLUSâ superior flexibility in prototyping and deploying analytics while maintaining system performance.
âScalable, innovative analytics are core to our business, thus our evaluation of the various analytical packages available in the market was rigorous and thorough,â said Suzanne Valentine, vice president of Merchandising Analytics for DemandTec. âWe found Insightfulâs combination of advanced mathematical and statistical functions, flexible open architecture, large data set capabilities, focus on customer service, and pricing model to be the most compelling solution in the market. Their data visualization capabilities in particular are unmatched by all other solutions we evaluated.â
S-PLUS, designed with an open architecture and flexible interfaces, routinely handles gigabyte-size data sets and easily integrates advanced analytics into everyday business processes leveraged by executives, analysts, and researchers. By deploying S-PLUS, DemandTec can quickly develop prototypes and deploy targeted analyses and applications that support and enhance their strategic offering.
âDemandTec prides itself on delivering high strategic value as well as unmatched customer service to their customers,â said Jeff Coombs, CEO and president of Insightful. âBy implementing S-PLUS, DemandTec will be utilizing the platform best suited for quick prototyping and rigorous analysis of large sets of customer data. S-PLUS will enable DemandTec to deliver the highest level of customized service, while also realizing improved cost efficiencies thanks to Insightfulâs flexible pricing model.â