Dell has announced the purchase of a big data software specialist business called StatSoft in order to enhance its portfolio of services in this area. Terms of the deal were not disclosed.
Matt Wolken, general manager for information management at Dell Software, said enhancing this area of its software portfolio would ensure it could meet the growing need for in-depth analytics of the growing reams of data that firms are now collecting.
“The acquisition of StatSoft gives Dell’s customers access to a proven advanced analytics solution that delivers the predictive and prescriptive analysis capabilities businesses need in order to make faster, more accurate decisions,” he said.
“StatSoft mirrors Dell’s focus on creating tools that are simple and affordable enough for mid-market organisations yet comprehensive enough for even the largest enterprises with the most complex data environments.”
Based in Oklahoma in the US, StatSoft's tools can be used for a raft of business outcomes, Dell said. These include identifying new sales opportunities, running "what-if" scenarios based on existing data and tackling and reducing fraud.
StatSoft’s software can be deployed on premise, in the cloud or as a software-as-a-service offering. The founder of StatSoft Paul Lewicki said the firm's proven success in areas such as manufacturing, pharmaceuticals, risk management, fraud detection and research would benefit from the broader support and market presence Dell can offer.
"Together with Dell, we can create new opportunities for customers to better leverage the growing volumes of data that are quickly becoming the lifeblood of organisations of all sizes, and further advance StatSoft’s mission of making the world more productive.”
The deal underlines the ongoing strategy shift at Dell to ensure it can meet the emerging software trends in the enterprise market. This comes amid ongoing pressures in the hardware market that have affected its core business.
This led founder Michael Dell to take the company private last year in a deal worth approximately $24.9bn, after some 14 months of wrangling with major investors, led by Carl Icahn.
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