Rebranded Posit doubles down on code-first open source, commercial data science for R and Python
The company, which changed its name in 2022 to reflect an expansion from R- to Python-based data science, has one foot in open source and the other in commercial products for these languages. How is Posit’s data science portfolio and business shaping up as it straddles these worlds?
2023-05-04
451 RESEARCH S&P GLOBAL MARKET INTELLIGENCE
Rebranded Posit doubles down on code-first open source, commercial data science for R and Python
To boost its ability to support Python-based data science, the vendor has unleashed several new Python-supporting open-source offerings in the past 10 months.
From the report:
- “Posit’s profitable growth demonstrates that its strategy is working. This is no mean feat as it involves balancing the values of open-source involvement and community with the commercial reality of running a software business in a crowded market and a turbulent economy.”
- “The vendor’s Connect publishing platform is a differentiation because it facilitates data-driven decision-making by business personnel, so R- and Python-based data science is actionable. Posit’s status as a public benefit corporation (PBC) run for forces of good is another differentiation.”
- “To boost its ability to support Python-based data science, the vendor has unleashed several new Python supporting open-source offerings in the past 10 months.” [The company] … is taking three main approaches to selectively build out support for Python in areas where data science teams using R or Python are attempting to address similar issues.”
- “Posit notes increasing demand from enterprises to easily spin up data science environments as turnkey services in the cloud, with no server set up required.” … “This has led Posit to forge partnerships with AWS SageMaker and Microsoft Azure Machine Learning.”