Minitab

Minitab

Data analysis and process improvement software

About Minitab

Simplify's Rating
Why Minitab is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Consulting

Company Size

201-500

Company Stage

M&A

Total Funding

N/A

Headquarters

State College, Pennsylvania

Founded

1972

Overview

Minitab offers a suite of tools for data analysis and process improvement aimed at helping organizations identify trends and solve problems using their data. Its main products include Minitab Statistical Software, Minitab Engage, Minitab Workspace, Minitab Connect, and Quality Trainer. These tools allow users to analyze data effectively, leading to better decision-making that can reduce costs, improve quality, enhance customer satisfaction, and increase operational efficiency. Minitab stands out from competitors by combining software sales and subscriptions with expert consulting services, ensuring that clients can fully leverage their data analysis capabilities. The goal of Minitab is to empower businesses and institutions to gain valuable insights from their data and improve their overall performance.

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Simplify's Take

What believers are saying

  • Growing demand for AI and machine learning integration boosts Minitab's software appeal.
  • The predictive analytics market is expected to grow significantly by 2029.
  • Partnerships with technology providers enhance Minitab's data-driven decision-making capabilities.

What critics are saying

  • Emerging competition from open-source software like R and Python threatens Minitab's market share.
  • Integration challenges from the Simul8 acquisition could disrupt service delivery.
  • Government contracts may increase scrutiny and compliance requirements, straining resources.

What makes Minitab unique

  • Minitab offers a comprehensive suite of data analysis and process improvement tools.
  • The company has nearly 50 years of experience in statistical software and consulting.
  • Minitab's acquisition of Simul8 enhances its simulation and process optimization capabilities.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Sabbatical Leave

Hybrid Work Options

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Performance Bonus

Profit Sharing

Employee Stock Purchase Plan

Relocation Assistance

Employee Referral Bonus

Student Loan Assistance

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Childcare Support

Elder Care Support

Pet Insurance

Bereavement Leave

Professional Development Budget

Conference Attendance Budget

Training Programs

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Wellness Program

Mental Health Support

Gym Membership

Commuter Benefits

Meal Benefits

Phone/Internet Stipend

Home Office Stipend

Legal Services

Employee Discounts

Company Social Events

Company News

SIMUL8
Feb 4th, 2025
3D Discrete Event Simulation versus 2D Simulation: Benefits and Trade-Offs

This is why Minitab invested in Simul8 to enable its customers to make better, faster and easier decisions - with lest cost and complexity.

GlobeNewswire
Dec 5th, 2024
Minitab Bolsters Solutions Portfolio With Acquisition Of Simul8®

State College, PA and Glasgow, Scotland, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Minitab, LLC, the market leader in data analysis, predictive analytics and continuous process improvement, announced the acquisition of Simul8 Corporation, a renowned simulation software company based in Glasgow, Scotland. This strategic move strengthens Minitab’s global presence and enhances its capabilities in delivering powerful, comprehensive analytical solutions to clients worldwide. The acquisition of Simul8, known for its advanced simulation modeling software that optimizes processes and enhances decision-making, aligns with Minitab’s commitment to offering best-in-class analytics and process improvement capabilities.  Simul8’s easy-to-use and cutting-edge discrete events simulation, digital twin and process mining technology complements Minitab’s solution analytics, allowing clients to gain deeper insights, optimize operations, and enhance strategic planning. Minitab will continue to invest in Simul8’s solutions to accelerate innovation and empower organizations to harness the value that they bring.  To learn more visit Simul8.com. Jeff Slovin, President Chief Executive Officer of Minitab, said: “The acquisition of Simul8 demonstrates our commitment to empowering organizations with robust data analysis and process improvement capabilities

AiThority
Mar 6th, 2024
Coming Soon: Minitab Statistical Software with Enhanced AI Capabilities

Minitab, LLC, the market leader in data analysis, predictive analytics and process improvement, announced the upcoming launch of a new and improved version of Minitab Statistical Software in late March.

Four Inc.
Nov 2nd, 2023
Four Inc. Welcomes Minitab to GSA Schedule, Expanding Data Analytics Solutions for Government

In collaboration with Minitab, a renowned global leader in statistical software, Four Inc. is expanding its offerings to provide government access to Minitab's cutting-edge Statistical Software packages.

ForexTV
Oct 9th, 2023
HMS Networks Partners with Minitab to Empower Faster Data-Driven Decisions

State College, PA, Oct. 09, 2023 (GLOBE NEWSWIRE) - HMS Networks, a market-leading provider of solutions in industrial information and communication technology, announced its technology partnership with Minitab LLC, the market leader in data analysis, predictive analytics, and process improvement.

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