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Information Builders Predicts Major League Baseball's 2009 World Series Champion
WebFOCUS RStat Crunches 40 Years of MLB Statistics; Congratulations Are in Order for The Los Angeles Dodgers
| Source: Information Builders
NEW YORK, NY--(Marketwire - October 12, 2009) - Following a review of 40 years of baseball
statistics (since 1969), Information Builders, the leader in business intelligence (BI)
solutions, has predicted the winner of this year's Major League Baseball
World Series.
"Congratulations are in order for The Los Angeles Dodgers -- start planning
the parade route and stocking up on those party streamers," said Kevin
Quinn, vice president of product marketing at Information Builders.
"Although I'm from New York, I'm not a Yankee fan. I'm actually a Met fan,
so I'm happy to congratulate a National League team."
Using key cumulative team statistics such as winning percentage, runs
scored, batting average, total extra base hits, earned run average and
fielding percentage, Information Builders was able to predict The Los
Angeles Dodgers will defeat The Los Angeles Angels of Anaheim in the 2009
Fall Classic.
To come up with their prediction, Information Builders analyzed 40 years of
baseball statistics from all of the teams that made the playoffs. RStat
determined which combination of statistics for each year that was most
significant in determining a winner. The company then created the scoring
routine and applied it to the same statistics for the eight teams that made
the playoffs this year.
The final predictive model that was used showed that the Dodgers, Angels
and Yankees had the highest probability of winning. Although the
probabilities were close, the Dodgers did have a slight edge over the
Angels and Yankees. These three were nearly twice as likely to win than the
remaining five teams.
"Baseball is a game rooted in statistics, and we thought we'd leverage
that, along with America's interest in baseball, to illustrate the
forecasting power of predictive analytics when coupled with a robust
business intelligence platform like WebFOCUS," continued Quinn. "This
exercise proves you don't have to be an expert statistician to capitalize
on the benefits of predictive analytics with WebFOCUS RStat -- anyone can
use the solution to make better informed decisions."
This is not the first time Information Builders has used its WebFOCUS
solution to demonstrate how easy it is to provide non-technical users with
access to critical information. In 1999, the company launched
statswizard.com, an online portal that allowed Fantasy Baseball enthusiasts
to sort, calculate, filter and visualize baseball stats in hundreds of
different ways. The micro site demonstrated how WebFOCUS could provide a
view of information to multiple users with consistent performance.
Today's World Series prediction reveals how businesses (or baseball fans)
have the ability to make decisions based on high probability rates and not
on "gut-feeling" alone, as companies have been known to do. With WebFOCUS
RStat, every decision maker at any level within an organization is able to
benefit from direct access to predictive modeling applications.
About Information Builders
Information Builders' award-winning combination of business intelligence
and enterprise integration software has been providing innovative solutions
to more than 12,000 customers for the past 30 years. WebFOCUS is the
world's most widely utilized business intelligence platform. It provides
the security, scalability, and flexibility needed at every level of global
extended enterprises. Its simplicity helps create executive, analytical,
and operational applications that reach dozens to millions of users.
Information Builders' iWay Software suite provides state of the art,
multi-purpose, pre-built integration components that address all SOA, application, data and information management
requirements. Its integration adapters have been adopted by the leading
software platform providers. Information Builders also offers solutions in
the performance management, business
activity monitoring, and
enterprise search markets. The company's comprehensive enterprise
product offerings give Information Builders' customers the ability to grow
and innovate according to their needs.
Information Builders' customers include most of the Fortune 100 and U.S.
federal government agencies. Headquartered in New York City with 90 offices
worldwide, the company employs 1,450 people and has more than 350 business
partners. More information is available at
http://www.informationbuilders.com.
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