Most companies across various domains now have the ability to collect a lot of structured as well as unstructured information. But the true value resides in converting all this information into knowledge by collecting useful insights and actionable outcomes based on validated repeatable patterns and relationships in the data.
StatSoft provides a comprehensive and robust data/text mining and predictive analytics platform that can deliver solutions ranging from fraud detection in insurance/banking to process optimization in the manufacturing domain.
- Leading-Edge Predictive Analytics: Sophisticated algorithms to build models that provide the highest accuracy and best ROI.
- Enhanced Text Analytics: Advanced text miner tool leverages unstructured/textual data such as claim notes within the model building process.
- Enterprise-Wide Solution: A multi-user, role-based, secure STATISTICA Enterprise platform allows for a truly collaborative environment to build, test, and deploy the best possible models for fraud detection.
- Reflexive Models for Real-Time Needs: Live Score® processes new claims as they happen and updates fraud models in rapid turn-around times made possible only by STATISTICA’s integrated solutions.
- Integrated Workflow: STATISTICA Decisioning Platform® provides a streamlined workflow where business rules and industry regulations are used in conjunction with advanced analytics to build powerful predictive models.
A leading US communications and cable services provider successfully automated accurate demand and churn forecasts based on models that recalibrate nightly. These models not only take into account recurring seasonal variability, but also the impact of promotions, economic indicators, and more. Read about this successful implementation here.