“Rapidly growing use of advanced analytics by spreadsheet-savvy business analysts, both desktop and cloud, is a ‘stealth trend’ that many industry observers have missed,” says Daniel Fylstra, Frontline’s president and CEO. The add-ins include Solver for linear and nonlinear optimization Risk Solver for Monte Carlo simulation and risk analysis XLMiner Analysis ToolPak for linear and logistic regression and XLMiner Data Visualization for Excel Online.
Simultaneously, Frontline Systems announced that more than 100,000 users have adopted its advanced analytics add-ins for Excel Online and Google Sheets, according to data from Microsoft and Google. XLMiner for the Web offers business analysts point-and-click tools to create predictive analytics models themselves, without being expert data scientists or programmers. Frontline Systems releases platform for advanced analyticsįrontline Systems, developer of the Solver in desktop Microsoft Excel, recently released, a SaaS (software as a service) platform for data mining, text mining, forecasting and predictive analytics using only a browser.
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