Report Cites Angoss as a Victor Based on Expertise in Key Market Areas
TORONTO, Sept. 29, 2011 /CNW/ - Angoss Software Corporation (Angoss)
(TSX-V: ANC) today announced the company has been included in the
inaugural Victory Index report from Hurwitz & Associates on Predictive
Analytics. Angoss was among 12 companies to be evaluated and was
recognized as a Victor based on its expertise in key market areas.
Designed as a market research assessment tool, the Victory Index highlights both the diverse uses of predictive analytics technology
such as predicting consumer behavior, conducting economic forecasting
and identifying fraud, and the vendors who make those applications
possible. Led by Hurwitz & Associates Partner, Dr. Fern Halper, the
Predictive Analytics study examines the most critical trends for end
users to consider and analyzes 12 vendor offerings in the market across
four key dimensions: Vision, Viability, Validity and Value.
"Victors in the Index have a clear vision for their solutions and
deliver strong customer value," said Fern Halper, report author.
"Angoss has a clear strategy around predictive analytics, offering both
on premises and SaaS solutions. Customers gave Angoss high marks for
its Decision Tree interface, flexibility and ease of use. Business
analysts find its software products fairly easy to use, as well. These
are some of the reasons Angoss was named a Victor in the Index."
"It is a tremendous privilege for Angoss to be recognized as a leader in
this marketplace by such a credible research group as Hurwitz," said
Martin Galligan, President and CEO of Angoss. "As we grow our customer
base and enhance our predictive analytics software to meet the needs of
quantitative analysts; we also strive to offer customers the most
innovative SaaS solutions for businesses that do not have data analyst
talent and who, regardless of their size, want to use business
analytics to compete more effectively in the markets they serve."
About Hurwitz & Associates
Hurwitz & Associates is a strategy consulting, market research and
analyst firm that focuses on how technology solutions solve real world
customer problems. Hurwitz research concentrates on disruptive
technologies, such as Cloud Computing, Service Oriented Architecture
and Web 2.0, Service Management, Information Management, and Social and
Collaborative Computing. Our experienced team merges deep technical and
business expertise to deliver the actionable strategic advice clients
demand. To learn more about our services please visit www.hurwitz.com.
About Angoss Software Corporation
Angoss is a global leader in delivering predictive analytics to
businesses looking to improve performance across sales, marketing and
risk. With a suite of desktop, client-server and in-database software
products and Software-as-a-Service solutions, Angoss delivers powerful
approaches to turn information into actionable business decisions and
competitive advantage. Angoss software products and solutions are
user-friendly and agile, making predictive analytics accessible and
easy to use. Many of the world's leading financial services, insurance,
retail, health care and information communication and technology
organizations use Angoss predictive analytics software products and
solutions to grow revenue, increase sales productivity and improve
marketing effectiveness while reducing risk and cost. Headquartered in
Toronto, Canada, Angoss has offices in the United States and United
Kingdom. For more information, visit www.angoss.com.
This press release contains statements of a forward-looking nature.
These statements are made under the "safe harbor" provisions of the
U.S. Private Securities Litigation Reform Act of 1995. The accuracy of
these statements may be impacted by a number of business risks and
uncertainties that could cause actual results to differ materially from
those projected or anticipated, including: the risk that the sale of
our products and services involves a long sales cycle; the risk that
the economic environment and business conditions will remain difficult
to predict; the risk of competition in our target markets; the risk
that we may not respond adequately to evolving technologies; the risk
that we or our customers may have difficulties in introducing our
products or services; the risk that we will encounter difficulties in
continuing to offer services; the risk that we will encounter
difficulties in integrating the operations of acquired companies with
our own; the risks of conducting our operations in a variety of
international locations; the risk that we may need to record future
write-downs of assets arising from our investments in other companies;
the risks relating to the costs that we may incur as a result of
litigation against us; and other risks described in our filings with
securities regulatory authorities, including our annual reports,
interim financial statements and similar disclosure documents. ANGOSS
Software does not undertake any obligation to update this
forward-looking information after the date of its initial publication,
except as required under applicable law.
Note: Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE ANGOSS Software Corporation
For further information:
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