ORLANDO, FL -- (Marketwired) -- 02/25/14 -- HIMSS14 Annual Conference Booth #4893 - February 25, 2014 -Predixion Software, a developer of collaborative predictive analytics software solutions, today announced that its predictive analytics solutions for the healthcare industry are now available on the Windows Azure cloud platform from Microsoft Corp., enabling its customers to comply with Health Insurance Portability and Accountability Act (HIPAA) standards on business associate agreements (BAAs). By creating a BAA for Windows Azure, healthcare organizations using Predixion's predictive platform can now create both a public cloud as well as hybrid setup, in which data can be stored in both a public cloud and on-premises in a private cloud. The announcement is being made at the HIMSS14 Annual Conference & Exhibition where Predixion is demonstrating its predictive analytics software solutions for healthcare providers and payers at booth 4893.
"Predictive analytics, more than most BI technologies, has the ability to deliver exceptionally valuable insights," said Shawn Rogers, vice president of research for business intelligence, Enterprise Management Associates. "Within the healthcare industry, the application of predictive analytics consistent with best practices can be transformational in delivering higher quality outcomes at lower costs. Predixion has already made great inroads into the healthcare analytics market. The ability for Predixion's healthcare customers to now leverage Windows Azure to enable HIPAA compliance should only help accelerate the company's market penetration."
"Compliance and data security are top of mind for healthcare providers today," said Dennis Schmuland, Chief Health Strategy Officer, Microsoft. "The economics of the emerging healthcare economy is all about pay-for-quality and a focus on keeping people healthy. Solutions that help providers identify at-risk patients before they suffer the effects of chronic illness and other maladies will be in high demand. Predixion is an important player in that emerging market, and by offering their solutions on Windows Azure, their customers get powerful capabilities with enhanced security for HIPAA compliance."
Predictive Healthcare Solutions
Predixion has developed a suite of healthcare analytic solutions that turn potentially preventable events into predictable-and therefore avoidable-events. Predixion healthcare solutions include:
"Predictive analytics is quickly establishing itself as a mission-critical technology within provider organizations by enabling them to identify at risk patients and then respond to those risks with tailored interventions to reduce quality degrading outcomes," said Michael Hollenbeck, VP of Healthcare, Predixion. "IT leaders within provider organizations are eager to take advantage of more cost effective cloud based architectures, but have been unable to do so without assurances of security and HIPPA compliance. Windows Azure gives them that piece of mind and Predixion is pleased to be able to offer our customers Windows Azure-based healthcare solutions, it's a win-win for everyone."
About Predixion Insight
Predixion has created a world-class predictive platform for big data. Predixion Insight is natively integrated with the Microsoft Business Intelligence stack, leverages Apache Mahout Algorithm libraries and is fully integrated with Microsoft SQL Server®, EMC® Greenplum®, R and Hadoop, with other analytic platforms on the way. An advanced deployment framework was designed to simplify the process of sharing models across an enterprise, automate predictions directly from source data to line-of-business applications and Predixion's own thin client app for PCs and tablets, and eliminate complexity from the end user experience, resulting in self-service predictive analytics.
About Predixion Software
Predixion Software is a disruptive predictive analytics software company with a unique focus on the development of portable predictive applications via its patent pending Machine Learning Semantic Model (MLSM) and the Last Mile of Analytics -- the deployment of powerful predictions to the people who need to act upon them. Predixion offers an easy-to-deploy self-service predictive analytics solution that allows customers to unlock deep insights within their data with technology that integrates with leading business intelligence platforms, business applications and clinical systems. Predixion has over 245 companies using Predixion Insight in 63 countries. For more information visit us at www.predixionsoftware.com.
Predixion Software recognizes all of the trademarks referenced in this press release.