SCIENCE

Revolution Analytics has announced company results for 2010 highlighting a 450 percent increase in revenue from its flagship product, Revolution R Enterprise. Under the leadership of predictive analytics pioneer and CEO Norman Nie, Revolution Analytics rebranded in May with a focus on advanced analytics and introduced an aggressive roadmap to expand its R-based software business. As a result, the company tripled its enterprise customer base, adding over 100 new customers to a roster that includes Bank of America, Merck and Acxiom.

Revolution Analytics successfully executed on its roadmap to make R more accessible to the data demands and business requirements of enterprise companies. In 2010, Revolution Analytics bolstered its Revolution R Enterprise software with new capabilities:

• RevoScaleR, a big data analysis package that increases R's capacity and performance for analyzing very large data sets. For the first time, R users can now process, visualize and model terabyte-class data sets in a fraction of the time of legacy products -- without employing expensive or specialized hardware.
  
• RevoDeployR, a server offering that enables R analytics to be easily integrated into existing applications, customized reports and websites. It extends the use of R beyond skilled analysts to line of business managers who require data analysis on demand.

"Over the last couple of years, the R statistics language has emerged as the foundation for the future of data science, both in the classroom and in industry," said Nie. "In 2010, Revolution Analytics focused on making R more accessible for business while providing a new generation of students with the same R experience. The growth we've seen in the last six months alone is a testament to not only our ability to execute but also the readiness of the market for an enterprise R offering. Looking to next year, we expect to see increasing demand for advanced analytics at a fraction the cost of legacy offerings."

Other company highlights from 2010 include:

• Students at more than 100 universities worldwide, including University of Oxford, Rice University, UCLA and the European Business School have taken advantage of free academic licenses for Revolution R Enterprise.
  
• The launch of Inside-R.org, a new site for the R community, where they can share resources, ideas and tips. The site also aggregates content and documentation from many sources across the Web, with the goal of providing a 'one-stop' location for anyone looking for information about R.
  
• The company made key additions to its management team and doubled the number of total employees.