Predixion Software Explained

Predixion Software
Owner:Greenwave Systems
Type:Subsidiary
Founded:2009
Area Served:Worldwide
Industry:Predictive Analytics Software
Homepage:Greenwave Systems

Predixion Software is a software company focusing on edge analytics for connected assets. It was founded in late 2009 and is headquartered in Aliso Viejo, CA.[1] [2] [3]

In September 2016, the company was acquired by Greenwave Systems.[4]

History

2009 Predixion Software was established in late 2009 with four founding partners: Stuart Frost (founder of DATAllegro,[5] acquired by Microsoft in 2008), Simon Arkell,[6] [7] Stephen DeSantis, and Jamie MacLennan[8]

2010 The first product release was announced in September 2010;[9] company closed its Series A Funding Round in October 2010 for $5 million led by DFJ Frontier.[10]

2011 Predixion accepted into the EMC Select Program; EMC led company’s Series B Funding Round in September 2011 for $6 million.[11]

Early 2012, company released predictive analytics software for the healthcare industry.[12] [13] [14] [15]

In August 2013, Predixion closed its largest funding round at $20 million[16] for Series C led by Accenture and GE.[17]

2014 In January, company released “Predixion in the Classroom”[18] [19] program allowing students and teachers free access to some Predixion Insight services. In October, Predixion joined with Salesforce.com,[20] [21] In December, the company relocated corporate headquarters to Aliso Viejo, California.

Awards

Notes and References

  1. Web site: Predixion Software Predictive Analytics Solutions Now Available for Deployment on Windows Azure. marketwatch.com. 18 September 2014.
  2. Web site: Company Overview of Predixion Software, Inc.. https://archive.today/20140918025301/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=106998519. dead. September 18, 2014. businessweek.com. 18 September 2014.
  3. Web site: Predixion Software. ge.com. 18 September 2014.
  4. Web site: Greenwave Systems Acquires Analytics Leader Predixion Software, Adding Real-Time Visual Edge Analytics to its Groundbreaking AXON Platform for IoT and M2M.
  5. Web site: Microsoft Closes Acquisition of DATAllegro. microsoft.com. 18 September 2014.
  6. Web site: Pervasive Prediction: Waiting is the Hardest Part. tdwi.org. 18 September 2014.
  7. Web site: Turning the Predictive Analytics Model on its Head: A Spotlight Q&A with Simon Arkell of Predixion. b-eye-network.com. 18 September 2014.
  8. MacLennan, Jamie, Zhaohui Tang, and Bogdan Crivat. Data Mining with Microsoft SQL Server 2008. Indianapolis, IN: Wiley Pub., 2009. Print.
  9. 3
  10. Web site: Predixion Software Finalizes Series A Financing—Raises $5 Million. ebizq.net. 18 September 2014.
  11. Web site: Predixion Software, an Orange County, California-based developer of collaborative predictive analytics solutions, has raised $6m in Series B funding.. 4 October 2011. finsmes.com. 18 September 2014.
  12. Web site: What can predictive analytics do for healthcare reform?. 13 August 2013. ehrintelligence.com. 18 September 2014.
  13. Web site: Predictive analytics software provider to help hospitals improve outcomes raises $20M. 8 July 2013. medbill.net. 18 September 2014.
  14. Web site: Predixion Software Demonstrating Preventable Readmission Healthcare Solution at HIMSS12. https://archive.today/20140831142934/http://www.reuters.com/article/2012/02/21/idUS148309+21-Feb-2012+BW20120221. dead. 31 August 2014. reuters.com. 18 September 2014.
  15. Web site: Analytics startup Predixion conjures up $20M from Accenture, GE Ventures, & more. 8 July 2013. venturebeat.com. 18 September 2014.
  16. Web site: Subscribe to Data Informed Advanced Analytics Adoption Still Low, an Opportunity To Get Ahead. data-informed.com. 18 September 2014.
  17. Web site: Accenture and Predixion Software to Help Clients Reduce Cost and Time of Decision Making by Extending Advanced Analytics Solutions to Business Users. accenture.com. 18 September 2014.
  18. Web site: Predixion Offers Free Analytics Software To Universities. 28 January 2014. informationweek.com. 18 September 2014.
  19. Web site: Predixion Pushes Big Data Analytics Into Schools. cruxialcio.com. 18 September 2014.
  20. finance.yahoo.com/news/predixion-software-joins-salesforce-analytics-121500922.html
  21. https://web.archive.org/web/20141129110132/http://www.reuters.com/article/2014/10/23/idUSnMKWdLw2za+1d0+MKW20141023 Reuters
  22. Web site: Trend-Setting Products in Data and Information Management for 2015. 17 December 2014.
  23. Web site: Predixion Software Gets Microsoft Health Users Group Innovation Award. microsoft-news.tmcnet.com. 18 September 2014.
  24. http://startup50.com/
  25. Web site: 2014 OC Tech Alliance High-Tech Innovation Awards Mid-Size Technology Company CEO Recipient.

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