UK predictive analytics company is a global leader says IDC

LONDON, March 28, 2012 /PRNewswire/ -- We Predict, a UK-based company that provides predictive analytics to some of the world's largest companies, has been scored in the leader's category in an IDC MarketScape report published this week.

The IDC MarketScape is the ICT industry's premier vendor assessment tool, providing in-depth quantitative and qualitative technology market assessment of some of the largest, global ICT vendors for a wide range of technology markets.

Originally founded in 2009, We Predict has been active in predictive analytics with its innovative Indico product since its inception. With corporate headquarters in Wales, We Predict was established by a team of mathematicians, statisticians and computer scientists with the sole intention of delivering high accuracy predictive analytics.

Says We Predict Managing Director, James Davies, "We are ecstatic! Our predictive analytics market leadership, strong product functionality and vision has been recognised by IDC in this MarketScape report. It's very exciting for us to be positioned as a market leader ahead of some the largest analytics companies in the world.

"Thanks go to our customers who gave us such excellent marks in the study. They told IDC that we had a great product with unique features, accessible very quickly as a service. The result is that we are now the overwhelming leader in the provision of predictive analytics as a service in this domain."

According to IDC compared to other vendors in the group, We Predict had strong product functionality and vision, and utilised an innovative approach to pricing.

The company is planning to ramp up its marketing strategy and develop further channel partnerships to expand sales and distribution globally. These strategies are already under development and are expected to bring substantial growth through continued innovation.

"We believe that our development roadmap will see us pull away from the rest of the field in the manufacturing domain. We will continue to use and improve the very best Big and Small Data techniques to deliver to our client's non-technical, actionable outputs under our service business model, delivering enormous and often immediate return on investment," adds James.

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