Posts Tagged ‘predictive analytics’

Predixion Software Removes Barriers to Deployment of Predictive Analytics With Release of Predixion Insight 4.0

PredixionSoftware-logo-300x125NEW YORK, NY–(Marketwired – Oct 15, 2014) – Strata + Hadoop World, Booth #103 -Predixion Software, a developer of cloud-based predictive analytics software, today released Predixion Insight 4.0, the latest version of its powerful predictive analytics platform. The new release expedites the deployment of predictive analytics directly to the point of front-line decisions, and expands predictive capabilities across a wider variety of production environments, such as applications, databases, data stores, real-time engines, devices and machines. By removing barriers to deploying predictive analytics, Predixion Insight 4.0 enables companies to achieve the full potential of their data investments. Read more

Can Semantic Analysis Predict a Tsunami from Ripples?

svManju Bansal of the MIT Technology Review recently wrote, “The year was 1961. Computers were still in their infancy, and the race to the moon was just beginning. Edward Lorenz, an MIT meteorologist, was developing a weather- prediction model. Lorenz theorized that a miniscule occurrence, such as a tiny butterfly flapping its wings in the Amazon, could hypothetically set in motion a chain of events that could cause tornadoes to touch down in Texas a few days later. That model (illustrations of which visually resembled a butterfly) eventually came to be known as the butterfly effect.” Read more

Healthline Launches New HealthData Engine

hitcJasmine Pennic of HIT Consultant reports, “Healthline, provider of intelligent health information and technology solutions, today launched its HealthData Engine to harness the power of structured and unstructured data to improve outcomes and reduce costs. The new big data analytics platform leverages the company’s market-leading HealthTaxonomy, advanced clinical natural language processing (NLP) technologies and semantic analysis to turn patient data into actionable insights.” Read more

FirstRain Launches New API for Predictive Analytics in Enterprise Apps

First-RainJanet Wagner of Programmable Web reports, “FirstRain, a personal business analytics platform provider, has announced the launch of a FirstRain API that allows enterprise developers to incorporate FirstRain platform functionality into third-party applications and systems. The new FirstRain API provides programmatic access to real-time data from the proprietary FirstRain business graph, which the company says ‘extracts the deep, interconnected relationships between companies, businesses and markets’.” Read more

Word To Developers: Power Your Apps With Data And Insights

aplogoApigee wants the development community to be able to seamlessly take advantage of predictive analytics in their applications.

“One of the biggest things we want to ensure is that the development community gets comfortable with powering their apps with data and insights,” says Anant Jhingran, Apigee’s VP of products and formerly CTO for IBM’s information management and data division. “That is the next wave that we see.”

Apigee wants to help them ride that wave, enabling their business to better deal with customer issues, from engagement to churn, in more personal and contextual ways. “We are in the business of helping customers take their digital assets and expose them through clean APIs so that these APIs can power the next generation of applications,” says Jhingran. But in thinking through that core business, “we realized the interactions happening through the APIs represent very powerful signals. Those signals, when combined with other contextual data that may be in the enterprise, enable some very deep insights into what is really happening in these channels.”

With today’s announcement of a new version of its Apigee Insights big data platform, all those signals generated – through API and web channels, call centers, and more – can come together in the service of predictive analytics for developers to leverage.

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Cortana Enhances Predictive Capabilities

cortana304x200Jason Mick recently blogged, “While iOS 8 should make Apple, Inc.’s (AAPL) Siri substantially smarter, Microsoft Corp.’s (MSFT) Windows Phone voice-controlled assistant Cortana currently enjoys a nice lead in natural language processing and the ability to interface with multiple apps to perform useful functions.

Cortana is a commercial product, but it’s also a bit of lab experiment for the folks at Microsoft.  During the 2014 FIFA World Cup, Microsoft showed off its increasingly sophisticated prediction algorithms, which correctly guessed 15 out of 16 winners in the knockout round stage.  Its sole mistake was picking Brazil to beat the Netherlands (whoops) for third place in the consolation match.”

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GraphLab Create Aims To Be The Complete Package For Data Scientists

glabData scientists can add another tool to their toolset today: GraphLab has launched GraphLab Create 1.0, which bundles up everything starting from tools for data cleaning and engineering through to state-of-the-art machine learning and predictive analytics capabilities.

Think of it, company execs say, as the single platform that data scientists or engineers can leverage to unleash their creativity in building new data products, enabling them to write code at scale on their own laptops. The driving concept behind the solution, they say, is to make large-scale machine learning and predictive analytics easy enough that companies won’t have to hire huge teams of data scientists and engineers and build the big hardware infrastructures that lie behind many of today’s Big Data-intensive products. And, the data scientists and engineers that do use it won’t need to be experts at machine-learning algorithms – just experienced enough to write Python code.

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Versium Leverages Microsoft Azure Machine Learning For New Predictive GivingScore Solution To Improve Fundraising

versiumpixVersium, which earlier this year launched its Predictive FraudScore solution (covered here) today releases its Predictive GivingScore solution, designed to help charitable institutions and political organizations better predict who is likely to donate, be a repeat donator, or make the more significant contribution. PredictiveGiving Score is the latest of the company’s predictive Score products, which also include churn, social influencer and shopper scoring – and it’s by no means the last.

It was built with Microsoft Azure Machine Learning, a managed cloud service for building predictive analytics solutions publicly unveiled just a short time ago. CEO Chris Matty says that platform is an aid to Versium in rapidly building its new score solutions. (Just shy of ten Versium scoring products are currently in use or in development.) Azure ML, Matty notes, contains dozens of machine learning algorithms and mathematical computation models it leverages to easily and effectively experiment, create and tune models to get the highest accuracy in predictive scoring solutions.

“Once we have a score built it just takes little tuning. But when we are building a new score we need to look at some different models and see what works better,” he says. “We want to move quickly by evaluating the different models, and we can visualize very easily the process of building the predictive model.”

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Retail Analytics Firm Raises $8M from Investors Like Nike

reflektion

Apparel.com reports, “Reflektion, a retail analytics firm, has raised $8 million in a Series B funding round led by Intel Capital and including NIKE, Inc. as well as several private investors. Reflektion provides a predictive analytics platform for retailers and brands through an easily deployable Software-as-a-Service (SaaS) model. The company plans to use the funding to support its customers — including Converse, Inc., which is currently piloting the technology, O’Neill, A.M. Leonard and RealTruck — and to launch broadly its ecommerce and business intelligence solutions in the market. The resources will also be used for additional product development, plus expanded sales and marketing activities.” Read more

Predixion Software and Carolinas HealthCare System Partner to Improve Care Delivery

PredixionSoftware-logo-300x125

ORLANDO, FL–(Marketwired – Feb 24, 2014) – Predixion Software, a leading developer of collaborative predictive analytics software, announced today the joint development of Predixion Length of Stay (LOS) Insight. This software solution will allow hospitals to develop individualized care plans based on each patient’s risk factors and use this information to optimize the delivery of needed healthcare services. Carolinas HealthCare System, one of the largest non-profit healthcare systems in the nation, is co-developing this novel platform, leveraging the healthcare system’s expertise in acute care delivery and substantial investments in data and analytics. Read more

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