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Rapid-I Strengthens U.S. Presence With New Offices and Training Sessions

BURLINGTON, MA -- (Marketwire) -- 12/04/12 -- Rapid-I, a leading provider of open source solutions for predictive analytics, data mining and text mining, today announced it has substantially strengthened its U.S. market presence with new offices in Burlington, Mass., and Sunnyvale, Calif. The company is also conducting RapidMiner training sessions this Thursday and Friday in Redwood City, Calif. RapidMiner provides data integration, analytical ETL, data analysis, and reporting in a single application, with an intuitive graphical user interface for designing customized analytical processes.

While headquartered in Germany, Rapid-I's analytical applications are in use in the U.S. and over 50 countries throughout the world, by Fortune 500 and medium sized businesses. The strengthened U.S. presence reflects growing North America demand for the company's flagship RapidMiner application and RapidAnalytics server.

"North America is the biggest market for any software provider, and having offices here is an important step. In addition, Big Data analysis is gaining ever more importance, and we can respond to this trend, and the demand arising from it, with high-performance, easy to use Rapid-I solutions," said Rapid-I North America CEO Giuseppe Taibi, who is managing the new offices with Rapid-I North America COO Andrew Dinsmore. "To date, we've had a great reception, with our most recent U.S. training session quickly sold out, and by being voted the winner of Boston's first Big Data hackathon at hack/reduce last month."

"In North America there is a heightened awareness of Big Data," said Dr. Ingo Mierswa, chairman of Rapid-I. "RapidMiner and RapidAnalytics are ideal for Big Data analytics, and our new offices ensure we can provide even better localized support for enterprises handling Big Data and adopting Hadoop."

About Rapid-I
Rapid-I provides software, solutions, and services in the fields of predictive analytics, data mining, and text mining. Its flagship product, RapidMiner, is the world-leading open-source system for knowledge discovery, data mining and sentiment analysis. RapidMiner is extremely easy to use, blazing fast, and simple to integrate with any IT infrastructure, from the smallest text files to Big Data Hadoop clusters. For more information, visit www.rapid-i.com.

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