BUSINESS INTELLIGENCE

Pyramid Analytics and Profit Software Partner to Bring Decision Intelligence – the Next Wave in Analytics and BI (ABI) – to the Nordics

Pyramid Analytics | February 19, 2022

Pyramid Analytics, developer of the award-winning Pyramid Decision Intelligence Platform, signed a partnership agreement with Profit Software, an independent software and consultancy services vendor focusing on banks and insurance companies, to resell, implement, and support the Pyramid Decision Intelligence Platform.

The Pyramid Decision Intelligence Platform is next-generation analytics and business intelligence (ABI) that was purpose built to deliver a streamlined, unified and inclusive decision-making experience. With a powerful direct query engine at its core, the Pyramid platform uniquely combines data prep, business analytics and data science in a single environment and scales for any data, any person, and any analytics needs with built in reliability, data governance and security.

KEY POINTS

  • The Pyramid Decision Intelligence Platform delivers a unified decision-making experience that scales to any data, any person and any analytics needs with reliability, data governance and security.​
  • Pyramid Analytics and Profit Software will jointly market, sell and support Pyramid’s platform.
  • Profit Software has three decades of experience providing software and services to the Scandinavian financial industry.
  • Read more about Pyramid’s decision intelligence market position from 451 Research, the enterprise technology research unit of S&P Global Market Intelligence.
  • Schedule a demo.

Profit Software is modernising the Nordic Financial Sector. The company was founded in 1993 and has more than 300 employees in seven offices across the region. Profit Software counts leading banks and insurance companies as customers, including Handelsbanken, Mandatum, and Säästöpankki. The company also offers a wide range of expertise and services within business analytics and data management across multiple industries.

The Pyramid Decision Intelligence Platform complements Profit Software’s technology and services portfolio. Using the Pyramid platform, Profit Software will be able to create advanced analytics solutions to solve business challenges and create mission critical business value for mutual customers.

Pyramid Analytics and Profit Software: Shared Financial Services Expertise

The Pyramid Decision Intelligence Platform is used by banks across North America, the United Kingdom, Europe, the Nordics, Middle East and South Africa to help make critical decisions in areas such as:

  • Customer Profitability
  • Branch Performance
  • Marketing Effectiveness
  • Risk Management
  • Loan Processing & Performance
  • Customer Success

Complete, Unified Decision Intelligence

Pyramid’s Decision Intelligence Platform unifies Data Preparation, Business Analytics, and Data Science on a single, integrated platform. This eliminates the need to use multiple disparate tools and the associated license cost and management complexity. Lower Total Cost of Ownership (TCO), rapid rollout, quicker and direct access to all available data, and industry-leading user adoption means faster time to value. Pyramid’s Decision Intelligence Platform can be deployed on-premises, into a private or public cloud, embedded into other apps or delivered through Managed Services Providers (MSP).

EXECUTIVE QUOTES

Rami Rinneheimo, SVP - Business Intelligence & Analytics, Profit Software: "We are very excited about working with Pyramid Analytics in the Nordics. We believe that the Pyramid Decision Intelligence Platform will be of interest to many of our current customers and prospects. The unique benefits of the platform coupled with our expertise in the financial and analytics markets in the Nordics, will allow us to provide even more added value to our customers."

"We are very happy to welcome Profit Software as a new partner for the Nordics. The Pyramid Decision Intelligence Platform is a perfect fit for the Profit Software portfolio. Together we can now offer state-of-the-art advanced analytics solutions in the Nordics."

Benjamin Doerwald, VP DACH & Nordics, Pyramid Analytics

About Profit Software
Profit Software is modernizing the Nordic Financial Sector with Software Solutions and Business Intelligence. Profit Software is an independent software and consultancy services vendor focusing on banks and insurance companies. We also offer a wide range of expertise and services within business analytics and data management across multiple industries. We operate and have offices in Finland, Estonia, and Sweden.

About Pyramid Analytics
The Pyramid Decision Intelligence Platform unlocks the strategic value of enterprise data for everyone in the modern workforce. Only Pyramid unifies Data Preparation, Business Analytics, and Data Science in a single Analytics and Business Intelligence (ABI) environment. Pyramid combines the performance of advanced predictive analytics with an intuitive user interface (UI) and AI guidance. Everyone from data scientists to non-technical business teams get the user experience (UX) they need to make informed decisions: Real-time, self-service access to trusted data; customized and contextual reports; and interactive and actionable analysis. Schedule a demo.

Spotlight

Big Data and Hadoop Administrator Certification Training: http://www.simplilearn.com/big-data-a.
This is the eight lesson of Big Data and Hadoop Administrator course offered by simplilearn. This lesson will cover the details on administration of Hadoop.
Objectives:
After completing this lesson you will be able to
• Describe NameNode or DataNode directory structures and files
• Explain filesystem image and edit log
• Define checkpoint procedure
• Explain the reasons for namenode failure and identify the steps of recovery procedure
• Describe the importance of safe mode, metadata and data backup
• Identify the potential problems faced by Hadoop administrators and their solutions
• List the steps of adding and removing nodes.


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