Finally, Rapid-I will release RapidAnalytics to the general public - until now we used RapidAnalytics in pilot customer projects only. We are happy to invite you to the public release of the RapidAnalytics during the second Open Source Business Intelligence Day (OSBI 2010).

Everybody knows business intelligence (BI). In traditional BI, we focus on using a consistent set of metrics to measure past performance and present those measurements to users in order to support them in business planning. Presenting past data of course is only the minimum level necessary for informed decision making and business planning.

There are, however, two drawbacks with traditional BI: the retrospective usage of data alone does not deliver insights about expected outcomes and there is hardly any connection between business intelligence and the underlying business processes. In other words: there is no feedback loop and hence also no real-time integration of analysis results into the business processes themself.

RapidAnalytics is coming to your rescue: it is actually the first open source business analytics  solution available. It covers the complete flow from Analytical ETL to Predictive Reporting in a server-based solution built around RapidMiner, the world-leading open source data mining solution. And the process-oriented approach of RapidMiner and RapidAnalytics allows the direct and even real-time integration into business processes.

The following video demonstrates some of the features of RapidAnalytics. It offers features like remote execution, scheduled processes, quick web service definitions, and a complete web-based report designer:

A visit of the OSBI 2010 is recommended for all interested users who want to get a hands-on demonstration of RapidAnalytics. But there is much more: many interesting talks and workshops of our partners Actuate, Ancud, Ingres, Jaspersoft, Jedox, Talend, and Viadee will cover all relevant aspects of open source business intelligence.

More information and the online registration form for the OSBI 2010 can be found at

http://www.osbi2010.de

News article announcing release of RapidAnalytics at OSBI 2010:

http://rapid-i.com/content/view/267/1/

The RapidAnalytics web page can be found at

http://rapid-i.com/content/view/182/196/