Optimizely, a website optimization platform, just released what company execs describe as an innovative capability that breaks from traditional statistical methods.
The platform — Stats Engine — adds to the company’s experience optimization platform by delivering test results that are "always valid" and "freed from the limitations of traditional statistical analysis," officials at the San Francisco-based provider boasted. Pete Koomen, co-founder of Optimizely, said Stats Engine "represents a breakthrough in the world of online testing."
Developed in collaboration with statisticians at Stanford University, company officials said Stats Engine relies on innovative approaches in statistical analysis. Combined with the company’s own algorithms, it allows customers to interpret and act on data quicker "and more confidently than ever before," the company noted.
Stats Engine "propels statistical analysis into the Internet age," a company spokesperson told CMSWire.