IBM SPSS Modeler in Predictive Analytics Software

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IBM SPSS Modeler in Predictive Analytics Software
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360Quadrants recognizes IBM Corporation, SAP SE,
Oracle Corporation, and RapidMiner Inc. as
visionary leaders and Alteryx Inc., KNIME AG, and
MicroStrategy Inc. as innovators in the
Predictive Analytics Space
360Quadrants, the worlds only comparison
platform that combines expert analysis with
crowdsourced reviews, has released a quadrant on
the Predictive Analytics Software market to help
businesses make quicker and more informed
decisions. The platform provides a comparison
between 25 best predictive analytics software
vendors based on product offerings and company
parameters. All products in the Predictive
Analytics Software market are evaluated and
placed along a Product Performance Axis (Y-axis)
and a Business Strategy Axis (X-axis). Products
are listed with their Unique Selling Proposition
(USP), thus making it easier for buyers to see
how products stand against each other. Each
product will be evaluated by vendors, buyers,
analysts, and experts on several critical
capabilities to get unbiased results. Twenty-five
vendors in the Predictive Analytics Software
market were analyzed and categorized on a
quadrant under visionary leaders, innovators,
dynamic differentiators, and emerging leaders.
IBM SPSS Modeler predictive analytics software
has been ranked among the highest in the
visionary leader category as it has an
established product portfolio, a robust market
presence, and sound business strategy. It shares
top space with other performers such as
RapidMiner, SAP, and Oracle.
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About Predictive Analytics Predictive analytics
is a form of advanced analytics that uses both
new and historical data to forecast activity,
behavior, and trends. It involves applying
statistical analysis techniques, analytical
queries, and automated machine learning
algorithms to data sets to create predictive
models that place a numerical valueor scoreon
the likelihood of a particular event
happening.   Major applications of predictive
analytics include customer segmentation, risk
assessment, churn prevention, sales forecasting,
market analysis, and financial modeling.
  Recent activities in predictive analytics
software covering IBM include   IBM announced
the launch of 3 new releases of its IBM SPSS
offering in the Predictive Analytics space IBM
SPSS Modeler 18.2, Analytic Server 3.1.2 and
Collaboration Deployment Services 8.2.   IBM
and NVIDIA have collaborated to expand open
source machine learning tools for data
scientists. This collaboration would see the use
of NVIDIA GPUs to power the IBM Watson Machine
Learning and IBM Watson Studio applications,
which would enable artificial intelligence
enthusiasts to make and deploy models quickly.
  Fluor is looking to use IBM Watson to add
predictive analytics capability to its
megaprojects. Fluor, which has massive
engineering, construction, and fabrication
expertise, has partnered with IBM to use
artificial intelligence to analyze the
procurement, engineering, and fabrication in its
megaprojects.
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More About 360 360Quadrants aims to cut the bias
in the B2B scenario by putting together insights
from 4 stakeholdersbuyers, vendors, analysts,
and industry experts. Stakeholders ratings carry
their individual weightage thus letting each
stakeholder speak on the same stage. 360 also
aims to simplify and de-risk complex purchase
decisions. Buyers get real-world insights from
all 4 directionspeers, industry experts,
analysts, and vendorshelping them make informed
decisions quickly and find best-fit solutions.
Vendors get to position themselves to win ideal
new customers, customize their quadrants, decide
key parameters, and position themselves
strategically in a niche space, to be consumed by
giants and start-ups alike. Experts get to grow
their personal brand and increase their thought
leadership. The 360 platform targets the building
of a social network that links industry experts
with companies worldwide. Contact Manoj
Singhvi MarketsandMarkets Research Private Ltd.
Tower B5, office 101, Magarpatta SEZ,
Hadapsar, Pune - 411013, India Phone
1-888-600-6441 Email manoj.singhvi_at_marketsandma
rkets.com