12/30/2014
5 Predictive Analytics Tools for Enterprises
Venturesity Home Jobs About Contact
type the keyword here
Android
Marketing
Big Data
Hiring Tips
Entrepreneurship
IN BASICS - VENTURESITY
5 Predictive Analytics Tools
for Enterprises
by Pritha Bose - no
comments
SEARCH
Weekly Challenge
Like 8,375 people
like this. Sign
Up to see
what your
friends like.
0
Recommend
on Google
Enter your Email Address...
Subscribe
It is amazing to note how Predictive Analytics is
influencing every field be it healthcare or
marketing. In our recent blog post we unveiled
“The big secret behind Narendra Modi’s win” in
elections 2014 Analytics acted as a catalyst to
Narendra Modi’s win.This technique of filtering
users’ online interactions in order to deliver more
information from a large pool of irrelevant data has
become predominant. Implementation of Predictive
Analytics was seen on a large scale in 2012 US
elections in “Obama Campaign”. It was also in
2012 that Amazon had filed a patent for a system
that would enable them to use this technique in
preparing and shipping item long before their
customers have clicked on the ‘buy’ button.
Amazon used this technique to pace up their
delivery in the most advanced way making it one of
the fasted online retailer.
Editor’s note: Venturesity is organizing a 2days
Analytics Bootcamp themed around Predictive
Analytics. In 16 hours, you will get to know what your
customers want and how to retain them. Acquire new
customers and predict marketing strategies based on
their behaviour. Register for the bootcamp and get a
handson training on ‘Customer Engagement
Predictive Modeling’.
RSS Feed
Recent Blog Posts
Zivame Hackathon
Rewind
VentureHack III
Success diaries
Venturesity Weekly
Challenge I
Venturehack , Event I
Success Diaries
Five classes to build
an Android Application
http://www.venturesity.com/blog/5-predictive-analytics-tools-for-enterprises
1/5
12/30/2014
5 Predictive Analytics Tools for Enterprises
Growth Hacking is the
new rule of marketing
in age of context
Tags
Advantages of Hadoop
analytics
android
In this blog we will discuss five tools enterprises
can use for predictive analysis.
android app Android
Actian It provides a complete big data and
analytics environment for enterprise analytics
needs. Actain has been working quietly in the
background to develop and acquire technology that
is certainly way ahead of many big data analytics
offerings. Actian has effectively solved the
plumbing problem – connections to data sources,
process flows and the infrastructure puzzle that
currently accompanies big data efforts. They call it
Big Data 2.0.
Android Application
FICO FICO provides a complete analytics
environment, not only for model development and
deployment, but also for monitoring and
management. It gives customers access to
solutions, frameworks and design patterns which
encapsulate decades of experience. It also allows
organizations to create their own apps or even
create a service. This will undoubtedly be of great
interest to many large organizations wanting to
avoid the teething troubles associated with the
adoption of these advanced technologies. FICO’s
traditional customer base is found in banking,
retail, government, healthcare and insurance, but
the technology and services have broad
applicability.
Revolution Analytics R is the most widely used,
and arguably the most powerful analytics software
on the planet. Revolution Analytics has turned this
Open Source wild child into something the
enterprise can use with relevant support, training
and enhanced productivity. A community edition of
Revolution R is available for free. It doesn’t come
with the visual tools but it is faster than open
http://www.venturesity.com/blog/5-predictive-analytics-tools-for-enterprises
App Development
android
development android
hackathon Android in
Java android jobs Android
Big Data
Big Data
Analytics career
Training
in digital marketing coding
data science digital marketer
digital marketing digital
marketing career election growth
hacker marketing
hackathon
hadoop hadoop and r hour of
code ILOC internet
marketing Java java
developers Job Questions jobs
Learn Android mapreduce
Online online courses
online
marketing ppc
predictive analytics
predictive model
python R
scientific computing Startup
Hiring startup jobs Why learn
2/5
12/30/2014
5 Predictive Analytics Tools for Enterprises
source version.
Many large corporations use Revolution R
Enterprise – it’s a bedrock of their analytical
activity. The biggest advantages of R includes.
Hadoop
ads
You can run R on several operating
systems and varied Software/Hardware. It
is quite often used on Microsoft Windows
(32bit as well as 64bit), Macintosh,
GNU/Linux, UNIX and its derivatives such
as Mac OS X, Darwin, FreeBSD, Solaris,
etc. It also runs on some operating
systems of Mainframes.
R is one of the most advanced statistical
programming language used worldwide by
several statisticians to make their lives
much easier and much more productive.
R programmers can work on large
complex objects (not limited to a small
group of problems), exchange data in MS
Excel, ensure the accuracy of the code,
keep a track of every computational step,
preserve the history for later reference,
work on advanced statistical analysis, do
intricate visualizations and so on.
SAS SAS is the foundation stone of analytics in
many of the world’s large corporations. What is
probably unique to SAS is the speed at which new
techniques are adopted. Singular spectrum
analysis is a glaring omission in many analytics
packages, but it was incorporated into SAS.It
focuses on the ‘analytical tools’ part of the equation
and other technologies will be needed for ‘big data’
deployment into production systems.It provides a
number of solutions for financial services
(particularly fraud and financial crime), customer
analytics, governance and compliance, supply
chain intelligence, and many more. SAS has the
advantages of a long history, commons usage by
biostatisticians and a wide range of statistical
procedures. It’s data step is very powerful for
manipulating data, but does have its limitation.
Output quality from stat procedures is good.
TIBCO TIBCO Spotfire provides selfservice
predictive analytics tools with which marketers can
dig deeper into the data they have already
collected. This helps them become more confident
in their business decisions. The vendor provides
companies with tools to anticipate emerging
customer trends and information about which
preemptive actions could help minimize risk. Sales
teams can pinpoint underutilized customer
http://www.venturesity.com/blog/5-predictive-analytics-tools-for-enterprises
3/5
12/30/2014
5 Predictive Analytics Tools for Enterprises
segments, and they can create custom messages
and promotions based on demographics. The
result of these promotions can then be analyzed
based on conversions or response rates. Spotfire
offers a free trial and variable pricing.
Related Posts
How analytics is moving from being
descriptive to predictive?
Analytics Bootcamp The Curtain Raiser
The Big Secret behind Narendra Modi’s
win
Is predictive analytics set to replace
human intuition?
Leave a Comment
Name
(required)
Email
(required)
URL
Submit
http://www.venturesity.com/blog/5-predictive-analytics-tools-for-enterprises
4/5
12/30/2014
5 Predictive Analytics Tools for Enterprises
Notify me of follow-up comments by email.
Notify me of new posts by email.
Courses
Call us
Email us
+91-
[email protected] Data Track
9590091584
Powered by WordPress,
designed by CodeinWP.
Jobs
Internship
Mobility Track
Full Time
Marketing Track
Hiring Partners
Product Design Track
UI/ UX Track
http://www.venturesity.com/blog/5-predictive-analytics-tools-for-enterprises
5/5