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Open Source R platform now commercially supported by REvolution Computing

by Steve Miller, President, OpenBIFriday, April 11, 2008

Ask an expert from just about any top statistical school in the world what stats program she uses, and the answer will most likely be the open source package R. Not only will she use it, she’ll probably be an accomplished R developer with a significant portfolio of R code to take with her to the business world when she graduates. And if she’s a top PhD student, she may have even developed an R package showcasing a new analytical procedure to share with her statistical colleagues. All of this with software that is freely accessible to anyone using the Internet (http://www.r-project.org/).

Now, with the help of REvolution Computing supported by VC firm Intel Capital, the business analytics world will be able to harness the benefits of R with the comfort of commercial support and product enhancement at business speed that CIO’s demand. REvolution Computing will do for R what Red Hat does for Linux and Sun does for MySQL – combine the best of open source quality and innovation with commercial certainty and execution.

REvolution Computing will work closely with the R community to incorporate the latest developments in open source R, and with clients to support their efforts to produce groundbreaking innovations in life sciences, financial services, defense technology, and other industries where high-level analytics are crucial to success.

According to Richard Schultz, REvolution CEO, “Our products enable statisticians, scientists and others to derive meaning from large sets of mission critical data in record time, and create predictive models that help answer their most difficult questions. At REevolution Computing, we do the math.”

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