Oracle Corporation (NYSE:ORCL), Microsoft Corporation (NASDAQ:MSFT) And Others Creates R Consortium

1051

To support the growth and maintain R Language, Hewlett-Packard Company (NYSE:HPQ), Microsoft Corporation (NASDAQ:MSFT), Tibco Software Inc. (NASDAQ:TIBX), Oracle Corporation (NYSE:ORCL) and Alteryx have created R Consortium. It is a nonprofit organization created on the basis of Linux foundation.

It gives a new lease of life to the thriving R Programming language, which is increasingly used by statisticians and data scientists. The new initiative will bring all of the users of the R Language under one umbrella.

The R Consortium is created with the help of R Foundation, which is a nonprofit organization established to maintain R Programming Language. The R Foundation will itself support its own growth.

The new initiative is on the background of Microsoft acquiring the support provider and distribution seller of R – Revolution Analytics five months back.

The sponsors of the R Consortium have also developed the products for commercial purpose using the R programming language.

Another notable point is that the local R users have already established the groups like the Bay Area R Users Group.

However, R Consortium will handle the key technical decisions with the help of an infrastructure steering team. It will also monitor the working groups.

A core member, John Chambers at R Foundation and R Project said the new initiative will provide an opportunity to benefit from the R Community thriving across the world and ensure an availability of improved R Language.

The firms using the R language has increased multifold over the last few years. The R Consortium is the result of increased thrust to support the needs of the growing R Community worldwide.

It provides support to the firms engaged in maintaining, developing and distribution of R software and the R Foundation. It provides an integrated platform for all users of the R language.

And at the same time, R Foundation will take a role of maintaining the core R Language while R Consortium will help in developing projects based on R language. Therefore, both will extend necessary support in developing packages and software projects using R language.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.