Posit PBC (formerly RStudio)

Posit PBC (formerly RStudio)

Develops software for data analysis and visualization

About

Posit develops software tools aimed at enhancing the work of data scientists and analysts who use programming languages like R and Python. Their products facilitate data analysis, visualization, and scientific communication, allowing users to formulate hypotheses and derive insights from data. Posit offers both free open-source software, which helps users get acquainted with their tools, and premium commercial products that provide advanced features and support. This dual approach allows them to cater to a wide range of users, from individual data scientists to large enterprises. Unlike many competitors, Posit emphasizes open-source principles while also providing commercial options, creating a diverse revenue stream through software licenses, subscriptions, and consulting services. The goal of Posit is to empower data scientists to effectively utilize data in decision-making processes across various industries.

Company Stage

N/A

Employees

201-500

Industries

Data & Analytics, Enterprise Software

Total Funding

$170M

Headquarters

Boston, Massachusetts

Founded

2009


Simplify Jobs

Simplify's Take

What believers are saying

  • Increased Python adoption boosts demand for Posit's Python-compatible tools.
  • Data storytelling rise highlights the importance of Posit's Quarto platform.
  • Remote work trends make Posit Connect's collaborative features more relevant.

What critics are saying

  • Competition from Jupyter and Anaconda in R and Python integration.
  • Rapid AI evolution may outpace Posit's current offerings.
  • Open-source nature may lead to revenue loss if users choose free versions.

What makes Posit PBC (formerly RStudio) unique

  • Posit offers both open-source and commercial software for data scientists.
  • The company supports R, Python, and Observable JavaScript in its Quarto platform.
  • Posit Connect enhances collaboration in remote and hybrid work environments.

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Benefits

Health Insurance

Mental Health Support

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Profit Sharing

Paid Vacation

Phone/Internet Stipend

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