Lumina Decisions Systems, a publisher of business analytics software tools, announced the availability of its third-generation platform for building and deploying analytic applications.

Analytica 3.0 is designed for business analysts seeking a tool that is more visual, flexible, powerful – and less error-prone – than the common spreadsheet. According to a survey of research on spreadsheets performed by professor Raymond Panko of the University of Hawaii, as many as 50 percent of all operational spreadsheets contain errors resulting in significant miscalculations.

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