Predictive Analytics Software Summary Predictive analytics works on the simple notion that historical data contains useful patterns of behavior that can be discovered by apply pattern seeking algorithms to those data. Any candidate patterns can then be tested and validated in various ways, and if found fit, can be used…
FICO
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Integrated Analytics Strategy To integrate the analytics capability in an organization, there has to be something to integrate – obviously. The reality for many organizations, is that analytical activities are fragmented and partial. And since the ultimate goal of all analytical activities is to help automate decision making, either partially…
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While a great deal of focus currently rests of predictive analytics and machine learning, the resulting models are usually only part of a solution. Knowing when to utilize a particular model, and in which circumstances is also of crucial importance. The case studies shown below, courtesy of FICO the sponsor…
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Text Mining Tools 2015 AlchemyAPI AlchemyAPI (now part of IBM) provides cloud based text analytics services to support sentiment analysis, marketing, content discovery, business intelligence, and most tasks where natural language processing is needed. An on-site capability can also be provided if needed. The capabilities offered by AlchemyAPI go beyond…
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What is prescriptive analytics? – in short it is concerned with the optimal use of resources (people, transport, machines etc.) given a set of constraints and a well defined objective. One of the classical use cases is found in logistics – which loads should be batched together, and which routes used…
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Many of these cloud BI platforms do very similar things – dashboards, charts, reporting, data consolidation. A few however are somewhat different. Datapine is one of the easiest to use and is an extremely productive platform. FICO Analytic Cloud goes well beyond the usual features and include statistics, data mining…
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Positioning: FICO offers one of the most extensive and mature suite of products, solutions and expertise for designing, building, deploying and monitoring predictive models, and other types of decision automation. For half a century the company has utilized state-of-the-art technologies and methods to primarily help firms in financial services and…
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The starting point in a big analytics strategy has to be business need. This means that management has identified areas of business activity that might benefit from more accurate and efficient decisions. As such there is a need to coordinate investments so that these aims are achieved, with…
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AlchemyAPI AlchemyAPI provides cloud based text analytics services to support sentiment analysis, marketing, content discovery, business intelligence, and most tasks where natural language processing is needed. An on-site capability can also be provided if needed. The capabilities offered by AlchemyAPI go beyond those most large organizations could build in-house, and…