R in action: "R is hot" whitepaper from Revolution Analytics

R is hot

from the Revolution Analytics website:

R is Hot
by David Smith

R has already won praise and plaudits from established media outlets such as the New York Times, Forbes, Intelligent Enterprise, InfoWorld and The Register. When you consider that R is a high-level computer programming language designed mostly for quants, the adoring media attention seems nothing short of astounding.

So it’s entirely fair to ask: Why all the hoopla? Why is an esoteric programming language created in the early 1990s by two academics in New Zealand suddenly all the rage? Why is R so hot?

This article examines the reasons behind the rising popularity of R, by looking at how R is used at organizations including Bank of America, National Institutes of Health, the New York Times and Deloitte Consulting.