Tibco is set to acquire Statistica with the deal set to augment Tibco’s analytics offering for advanced insights and IoT analytics.
The agreement to acquire data science firm Statistica will add new capabilities to Tibco’s analytics portfolio, with those new capabilities aimed at making it easier for data scientists to unlock the power of machine learning and leverage it in a variety of applications, such as those analysing the often large amounts of data produced in IoT systems.
Statistica will enable users to more rapidly uncover insights from source data. It will also become part of the TIBCO Insight Platform to empower a broader audience of business users with these analytical capabilities and allow actions to be triggered in related systems, ensuring insights turn into the best outcomes for the business.
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Statistica will provide rigorous modeling and validation tools for machine learning and deep learning, resulting in better answers, smarter decisions, and the right actions at the right time.
“TIBCO Spotfire, the key driver of the Insight Platform, has always been a pioneer in visual data exploration and analytics, and we are focused on making that technology a smart, one-stop shop for analytics,” said Mark Palmer, senior vice president, analytics, TIBCO.
“We welcome Statistica as an important addition to the analytics team, to help make advanced analytics even more accessible for users of all skill levels.”
Statistica was, of course, previously Dell Statistica, having been acquired by Dell in 2014. In the run up to the huge multi-billion Dell-EMC acquisition, Dell sold off several pieces of its software group in November 2016. Francisco Partners acquired Statistica as part of its purchase of Quest Software from Dell.