Market Research Report: Minitab, LLC
Company Overview
- Name: Minitab, LLC
- Mission of the Company: Minitab helps customers around the world leverage the power of data analysis to gain insights and make a significant impact on their organizations.
- Founded: More than 50 years ago.
- Founders: Barbara Ryan and two colleagues.
- Key People:
- Barbara Ryan, Co-Founder and Chairwoman of the Board
- Jeffrey T. Slovin, Chief Executive Officer, President, and Board Member
- Ellis Smith, Board Member and Advisor to the CEO
- Sharen Standbridge, Board Member
- Lynn Blankenship, Chief of Staff and Senior Human Resources Advisor
- Christopher Larsen, Chief Revenue Officer
- William J. Vesnesky, Chief Financial Officer and Board Member
- Joshua Zable, Chief Marketing and Strategic Planning Officer and Board Member
- Todd Hershbine, Chief Human Resources Officer
- Jennifer Roan, Vice President of Software Development
- Daniel Michaeli, Vice President of Data Protection and Intellectual Property
- Steve Orlich, Vice President of Research and Design
- Angela Head, General Counsel & Corporate Secretary
- Headquarters: No specific information available
- Number of Employees: Approximately 2,000 globally.
- Revenue: No information is available
- Known For: Minitab Statistical Software, data analysis, predictive analytics, and continuous process improvement.
Products
Minitab Statistical Software
- Description: Visualize, analyze, and harness the power of your data to solve business challenges from anywhere on the cloud.
- Key Features:
- Best-in-class statistical software
- Graph Builder for visualization
- Cloud access
Minitab Connect
- Description: Automate reports, and monitor key processes and performance indicators.
- Key Features:
- Data access and integration
- Instant alerts and notifications
- Automation of repetitive tasks
Minitab Model Ops
- Description: Bridge the gap between model creation and model production with MLOps.
- Key Features:
- Easy model deployment
- Performance monitoring
- Governance
Minitab Engage
- Description: Solution designed to start, track, manage, and share innovation and improvement initiatives.
- Key Features:
- Customizable workflows
- KPI dashboards
- Project management tools
Minitab Workspace
- Description: Toolkit for visualizing, optimizing, and mapping business value.
- Key Features:
- Visual tools like flowcharts and VSMs
- Standardized forms like FMEAs, SIPOC, and SWOT
- Customizable project roadmaps
Real-Time SPC
- Description: Quality and process monitoring in real-time.
- Key Features:
- Visual process monitoring
- Immediate alerts
- Easy configuration
Salford Predictive Modeler (SPM)
- Description: Machine learning and predictive analytics software.
- Key Features:
- Includes CART®, MARS®, TreeNet®, and Random Forests® engines
- Automation and modeling capabilities
- Data mining technologies
Recent Developments
- Partnerships:
- SAP Partner: Minitab, LLC achieved SAP partner status in the SAP® PartnerEdge® program.
- HMS Networks Partnership: Partnership to empower faster data-driven decisions.
- New Offices:
- Japan: Opened a new office and subsidiary, Minitab Japan K.K.
- Netherlands: Opened a new subsidiary, Minitab B.V.
- Awards:
- Multiple awards for the new website launched in December of 2022.
- Product Releases:
- Minitab Statistical Software: Enhanced AI capabilities, improved visualizations, and automated analysis.
- Graph Builder: Introduced a new Graph Builder for Minitab Statistical Software.
- Predictive Analytics Module: New capabilities in advanced machine learning methods.
- Minitab Engage: Launched to accelerate idea generation and business transformation.
- Minitab Workspace: Included new enhancements and tools.
- Events:
- Global Insights Conference 2019: Emphasis on data-driven insights for decision making.
- Case Studies:
- Crayola: Leveraged Minitab for quality improvement and significant cost savings.
- Takeda: Used Minitab for boosting drug production through machine learning models.
- Global Solar Technology Provider: Enhanced energy efficiency and improved annual revenue by over $100,000 using Minitab solutions.
Note
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