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Final results from Rexer's 5th Annual Data Miner Survey were released in Summer 2012. For the third year in a row, StatSoft's STATISTICA product line comes out the victor as the primary data mining tool used by practitioners, ranking 1st place in 16 of 20 categories vs. commercial competitors...
In the Winter issue of Marekting Research, Dr. Ken Deal, a professor and prominent contributor to Marketing Research magazine, reviews STATISTICA and concludes that STATISTICA is an "industry powerhouse" and describes the software solution as both “powerful" and "impressive."
After seeing the results of the 2010 Rexer Data Mining Survey, where STATISICA was named the “primary data mining tool chosen most often,” Dr. Ken Deal wanted to learn more about STATISTICA. So, he acquired a license for the software and wrote an extensive review of STATISTICA for Marketing Research magazine. Dr. Deal summed up his review by stating that he “found STATISTICA to be a powerful data mining and statistics application that provides excellent flexibility and detailed control over many of its operations.”
Dr. Deal’s review mentioned the “impressive” data entry, data handling, and data output capabilities, which he described as operating “easily and with few hassles.” While stating that “STATISTICA contained roughly the spread of statistical techniques that can be expected from large general purpose statistical applications,” he went on to describe the data mining methods available as offering a “huge amount of horsepower.”
The review walked users through the three ways that data mining projects could be executed: menus, workspaces, and Data Miner Recipes. Looking at Data Miner Recipes, one of STATISTICA’s built-in features, Dr. Deal commented on the culinary recipe metaphor that specifies “a series of steps that will produce a good end product.” He found this to be a “relatively simple means for constructing analyses and saving those procedures for repeating in the future.”
The output options offered in STATISTICA were summarized including a “bravo” for the fact that the program offers import/export options in a wide range of formats including those of its competitors such as SAS, SPSS, JMP, and Minitab, as well as formats such as Excel, Word, and PowerPoint. The graphs offered in STATISTICA were described as highly configurable and “very attractive.”
Any new piece of software can seem intimidating at first. However, Dr. Deal noted “A day or so of working with STATISTICA will lower the anxiety levels of most users. StatSoft furnishes extensive help documentation about STATISTICA and statistics and includes an extensive set of videos that are integrated into the StatSoft Electronic Statistics Textbook.”
Overall, Dr. Deal concluded that STATISTICA offers “a great deal of control over its operations,” with “too many features to mention” especially with regard to data mining capabilities, with “the workspace and recipe operating modes providing relatively simple means for constructing analyses and saving those procedures for repeating in the future.”
About Dr. Deal
Dr. Ken Deal, Fellow PMRS, is President of marketPOWER research inc. and Chairman of Marketing, Business Policy and International Business at the DeGroote School of Business, McMaster University. He served as President of the Canadian Survey Research Council in 2000/2001 and President of the Professional Marketing Research Society in 1998/1999. Ken was elected Lifetime Fellow of the Professional Marketing Research Society in May 2000 for his "outstanding contributions to marketing research in Canada." He is a Certified Marketing Research Professional (CMRP).
Marketing Research is the official magazine of the American Marketing Association.
The 13th Annual KDnuggets™ Software Poll asked: What Analytics, Data Mining, or Big Data software have you used in the past 12 months for a real project (not just evaluation)?
This May 2012 poll attracted “a very large number of participants and used email verification” to ensure one vote per respondent. Once again, StatSoft’s STATISTICA received very high marks, earning “top commercial tool” in this poll.
Complete poll results and analysis can be found at KDnuggets.com.
KDnuggets.com is a data mining portal and newsletter publisher for the data mining community with more than 12,000 subscribers.
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We are pleased to announce that STATISTICA Enterprise/SPC™ (aka STATISTICA Enterprise/QC™) recently received top recognition in the "IT and Software Solutions for Industry" category at the 2012 IT Innovation Awards.
Now in its ninth year, this annual competition is organized by Initiative Mittelstand, i.e., "Small and Medium-sized Enterprise (SME) Initiative." This year saw more than 70 applicants in the "IT and Software Solutions for Industry" category, and STATISTICA Enterprise/SPC was selected among the Top 10 entries. StatSoft is now listed on the "Best Of 2012" page at Initiative Mittelstand's website.
The "Best Of 2012" winners from all categories will be combined into a single book, INDUSTRIE-Bestenliste - Der Navigator für Industrie-Lösungen 2012/2013, by Huber Verlag, the publishing company that founded Initiative Mittelstand. With a print run of 30 thousand, this book will be distributed to multiple conventions, conferences, fairs, etc. during the year.
Hundreds of guests from politics, business and the ICT industry attended the awards ceremony, which was held March 9, 2012, at the CeBIT Global Conference in Hannover, Germany. Sponsors of this year´s Industry Award were Niedersachsen (the federal state of Lower Saxony) and VDI (Association of German Engineers).
A recent ”First Look” article by James Taylor (from Decision Management Solutions) reviewed StatSoft’s Decisioning Platform™ – a newly released addition to its flagship product line, STATISTICA™.
The author starts by saying that “STATISTICA is a long-time Windows platform user and Microsoft partner. Everything is available as an API call in .NET making it easy to integrate into SharePoint or other Windows applications.”
The new version 11 release of STATISTICA that offers the Decisioning Platform “pulls together all the existing product capabilities but adds new rules management, integrated rules scoring, and other capabilities,” adds Taylor.
The author walks the reader through a decisioning flow, using STATISTICA Enterprise Manager. He then describes the flexible features of the system, for example, how the debugger enables a set of records to run through the flow and see which transactions fired which rules.
The Decisioning Platform is configured to provide specific analytics and decisioning for applications ranging from warranty analytics, credit scording, collections, cross-sell/up-sell, insurance fraud detection, subrogation, price optimization, marketing mix optimization and more. Taylor concludes his “First Look” by noting the variety of deployment options offered by the platform: “Besides executing the complete decisioning workflows using the STATISTICA products, all of the models can also be deployed as C, C++, PMML, Visual Basic, SAS, Java, or C# Stored Procedure. The tool also supports Visual Basic scripting, and this can also be used to push things into the database programmatically.”
To read the full “First Look” review, click here.
James Taylor is the CEO and Principal Consultant of Decision Management Solutions (www.decisionmanagementsolutions.com) and the author of Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics (2011) and Smart Enough Systems: How to Deliver Competitive Advantage by Automating Hidden Decisions (2007).
eKPI Solutions, a consulting and training company, has published on its portal a comparative evaluation and review of the desktop version of STATISTICA vs. Minitab, another popular application for quality improvement and Six Sigma applications.
In this review, the author concludes that users who need tools for “advanced (statistical) analysis knowledge discovery” should “get STATISTICA. STATISTICA provides all necessary statistical tools!” and that the StatSoft products “can be used by a very wide audience” of users.
The author goes on to list a number of “clear, qualitative advantages of STATISTICA over Minitab” including:
The author concludes the lengthy review concluding that “companies that deploy STATISTICA will find a complete arsenal of tools specifically ‘pre-configured’ for implementations of Six Sigma strategies at any level of the organization and a unique set of customization facilities [that] will allow them to quickly convert STATISTICA into a tool that will look and work as if it were originally developed ‘only’ to meet the needs of their specific organization.”
Read the full review at stattraining.eu