Visual Numerics Announces Embeddable Analytics Strategy

HOUSTON, TX -- (MARKET WIRE) -- Dec 10, 2007 -- As customer demand for advanced analytics grows, enterprise software vendors and data warehouse vendors are finding ways to add new business intelligence (BI) capabilities to their current offerings to stay competitive. Today, Visual Numerics, Inc., a 37-year producer of advanced numerical analysis and visualization software, announced that it is working with leading enterprise vendors such as SAP AG (NYSE: SAP) and Teradata Corporation (NYSE: TDC) to embed their numerical libraries into various applications to provide advanced data mining and predictive analytics to their customers (see details of each relationship below). Why use numerical libraries?

Embedded numerical libraries provide a number of flexible and powerful development and competitive advantages that larger BI suites cannot match. For example:

--  Faster Time to Market -- developers can embed numerical libraries as
    components at any application level in new or existing applications;
    additionally no proprietary data formats are required, which helps
    companies roll out new or enhanced product offerings to the market more
    quickly

--  Customization -- numerical libraries contain thousands of mathematical
    and statistical algorithms, which ensures that developers can mix and match
    exactly the right algorithms for the specific analytical application
    they're building, and ensure each application is unique, and competitively
    engineered to solve each problem

--  Numerical Accuracy -- numerical libraries ensure numerical consistency
    across different languages and platforms; developers don't have to hard
    code libraries to fit each application environment; this advantage is
    particularly helpful when companies need to upgrade or migrate their
    applications to new platforms down the road

--  Execution & Efficiency -- because they are written in native code,
    numerical libraries can analyze data at the source -- without moving it
    outside the database -- and take advantage of existing database
    architectures and system performance, which helps deliver analysis results
    much faster
    

Today, Visual Numerics also announced that SAP is integrating Visual Numerics IMSL® C Numerical Library version 6.0 into TREX -- a structured and unstructured data processing component of the SAP NetWeaver® platform -- providing the TREX engine with functions for data analytics such as outlier detection, dependency analysis and forecasting. SAP® applications that use the TREX engine will benefit from this new embedded functionality. See separate release entitled "Visual Numerics Announces OEM Agreement with SAP For SAP NetWeaver" for details.

In May 2007, Visual Numerics announced a partnership with Teradata to integrate Visual Numerics' IMSL C Numerical Library and JMSL™ Numerical Library for Java™ into Teradata applications and tools. The addition of the IMSL C Library will give Teradata developers and customers a powerful collection of mathematical and statistical functions addressing a broad range of business applications. The IMSL C Numerical Library will leverage Teradata's massively parallel and scalable architecture for improved analytical processing performance.

"As enterprise software vendors and commercial companies continue to seek ways to improve their advanced analytical, modeling and forecasting capabilities, the power and flexibility of numerical libraries will become more attractive to a wide range of constituents in companies, including software developers, product managers, sales people, and consultants," said Phil Fraher, president and CEO of Visual Numerics. "Larger BI suites serve a critical function in querying and reporting data. However for complex analytical challenges such as optimizing stock portfolios for higher performance, predicting inventory demand, and building customized analytical applications, numerical libraries are the only choice."

About Visual Numerics, Inc.

Visual Numerics has provided technical software solutions for numerical analysis and visualization for more than three decades. The company's software products help users understand complex data from a variety of sources and build business-critical applications. Visual Numerics offers two product lines: the IMSL® Numerical Libraries for powerful mathematical and statistical analysis and the PV-WAVE® visual data analysis development environment. Visual Numerics also offers customized professional services for applications that involve mathematical, statistical, or visual data analysis to meet today's business analytical needs.

Major corporations, academic institutions, and research laboratories worldwide use Visual Numerics' software tools, including such high profile companies as: Bear, Stearns & Company; Barclays Global Investors; Priceline.com; Humana, Sandia National Laboratories; and Boeing Company. This large and diverse customer base is supported through a direct sales force, wholly owned international subsidiaries, and international distributors. For more information about Visual Numerics, please visit www.vni.com.

Trademark Statement:

Visual Numerics, IMSL and PV-WAVE are registered trademarks of Visual Numerics, Inc. in the U.S. and other countries. JMSL, JWAVE, TS-WAVE and Knowledge in Motion are trademarks of Visual Numerics, Inc.

SAP, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.

VISUAL NUMERICS MEDIA CONTACT:
Rebekah Mitchell
415.933.6253

Email Contact





Review Article Be the first to review this article
SolidCAM: Program your CNCs directly inside your existing CAD system.


Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Re-Use Your CAD: The ModelCHECK Handbook
Jobs
Senior Structural Engineer for Design Everest at San Francisco, CA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise