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SAP Buying KXEN For Predictive Analytics Tools
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D. Henschen
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D. Henschen,
User Rank: Author
9/11/2013 | 6:17:05 PM
re: SAP Buying KXEN For Predictive Analytics Tools
SAP wasn't available for comment before publication of this article, but they've since contacted me to say "upon completion of the [Q4] transaction, subject to regulatory approval and other closing conditions, current plans call for KXENGs existing management team to have key roles following the acquisition as KXEN is integrated into the Predictive Analytics portfolio. Plans are to keep the office as well."
D. Henschen
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D. Henschen,
User Rank: Author
9/10/2013 | 7:37:08 PM
re: SAP Buying KXEN For Predictive Analytics Tools
SAP is buying business user "tools," not IT/statistician type tools. What they want from KXEN is a way to automate and simplify predictive analysis so you move it away from analytics wonks who use tools in a multi-step, laborious process. Automation and embedding within cloud- and on-premises apps is the upside of the KXEN approach. A possible downside is that -- I'm told by competitors -- the algorithms are out of the box and a bit of a black box. KXEN has told me that the wonks can open up the hood and tweak the algorithms for customized uses and performance.


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