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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Predictive Analytics Capturing The Mainstream

Companies can use data scientists to prepare data sets, business analysts to develop models using both statistical and machine learning algorithms, application developers can be used to deploy and manage predictive analytics life-cycles, and tools. There are many vendors in the categories of customer analytics, cross-selling, smarter logistics, e-commerce etc. Open source software community is driving predictive analytics into the mainstream. Many Business Intelligence platforms also offer “some predictive analytics capabilities."  Rapid Miner’s predictive analytics platform can also be integrated into the cloud. Read more about this article at: http://www.cmswire.com/cms/big-data/3-vendors-lead-the-wave-for-big-data-predictive-analytics-028684.php?mkt_tok=3RkMMJWWfF9wsRomrfCcI63Em2iQPJWpsrB0B/DC18kX3RUnJb6Wfkz6htBZF5s8TM3DVlJGXqlI4UEKTLE%3D 

 

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Predictive Analytics:Widening the user spectrum

Predictive analytics is a “business game changer” that will separate the winners from the losers, according to Forrester. The better a company is at predicting what will happen in the future, the better positioned they are to do something about it. While data scientists will do the heaviest analytic-related lifting at big enterprises, the improvements that have been made to predictive analytic (also called advanced analytic) applications enables regular business people and developers to partake of the predictive bounty. With so many companies coming into the foray of analytics services, today the users have more options to choose from keeping the cost-benefit & need-value trade-offs in mind.  RapidMiner offers a “rock solid” enterprise solution with more than 1,500 methods that address all stages of the analytics lifecycle and has among the tightest integration with the cloud, Forrester says. There are also other options like SAS, SPSS, KNIME, sap, oracle to name a few.

To read more, visit:

 

http://www.datanami.com/2015/04/07/predictive-analytics-now-in-reach-of-the-average-enterprise-forrester-says/

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Gartner positions Rapidminer as Leader in Advanced Analytics Platform

With the release of its first ever Advanced Analytics Magic Content, the information research and technology advisory firm Gartner reveals Rapidminer is fast emerging as a leader in advanced analytics as against the legacy Business Intelligence Softwares like SAS. 

Big Data and Analytics was one ofthe most hot talks over the internet in 2013 and it is likely to trending upwards in 2014 also as companies are making use of predictive and advanced analytics more and more as business environment is increasingly becoming volatile. 

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