Predixion Software Appoints Steve Stover to Vice President of Marketing and Product Management

ALISO VIEJO, CA--(Marketwired - Jul 1, 2015) - Predixion Software, a developer of cloud-based advanced analytics software, today announced the appointment of Steve Stover to Vice President of Marketing and Product Management. The appointment is the latest move to bolster Predixion's expanding commitment to drive powerful insights for the Internet of Things (IoT) with advanced analytics.

As Vice President of Marketing and Product Management, Stover is responsible for defining the marketing and product strategy for Predixion Insight™ as the company strengthens its position as a leader in advanced analytics for the IoT.

"As Predixion expands our market reach to drive cost savings, operational improvements, and increased revenue opportunities with the IoT, we are excited to welcome an executive team member with proven success in creating market-leading positions," said Simon Arkell, CEO, Predixion Software. "Steve's recent contributions in leading messaging and the product roadmap for the IoT market and his proven track record make him a great addition to the team."

Predixion Insight™, Predixion's powerful, cloud-based advanced analytics platform, is uniquely suited for advanced analytics for the IoT due to its patent-pending Machine Learning Semantic Model™ (MLSM) technology which provides "predict anywhere" flexibility -- the ability for advanced analytic packages to be embedded directly into a variety of production environments, including directly onto a connected or disconnected devices in addition to applications, databases, and complex event processing engines.

Predixion recently announced a predictive maintenance solution optimized for the next generation Intel® IoT Gateway and has marked many milestones in the past year, including a Red Herring Top 100 North America award and an "Outstanding Technology CEO" award from Orange County Tech Alliance. In April, the company announced new strategic investors to support Predixion's move into advanced analytics for the IoT market, which was followed by the release of Predixion Insight 4.5 as the industry's first advanced analytic platform that runs on-device, on-gateways, and in the cloud.

"Predixion has a great track record of innovation in the advanced analytics market," said Steve Stover, Vice President of Marketing and Product Management. "At Predixion, we have the opportunity to help organizations realize the full potential of the IoT by delivering advanced analytics on the edge and in real time improve outcomes when and where it matters most."

Steve Stover has over 20 years of experience in Big Data and Analytics, Cloud, and Systems Management markets at market-leading companies including Dell, Red Hat, and Teradata. Prior to joining Predixion, Steve was at Dell leading the product marketing and product management teams in for engineered solutions in the Enterprise Solutions Group. He directed the launch and growth of successful product lines for Cloudera, Oracle, SAP, Red Hat OpenStack, Microsoft and VMware.

About Predixion Software
Predixion was founded on the belief that analytics has the power to create a smarter, safer and healthier world -- and that access to that power should not be limited. To achieve this vision, Predixion developed Predixion Insight™, a cloud-based analytics platform that provides real-time, advanced analytics at the decision point in order to improve outcomes. Predixion specializes in the "Last Mile of Analytics™"-- that is getting the power of predictive insights to the front lines where decisions are made -- whether that is an application, a BI dashboard, a machine or a device in the IoT value chain. More than 200 companies worldwide rely on Predixion to make better decisions every day. For more information visit www.predixionsoftware.com.

Predixion Software recognizes all of the trademarks referenced in this press release.

Media Contact:

Jan Wiedrick-Kozlowski
Activa PR for Predixion Software
585.392.7878
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