SPSS Upgrades Predictive-Analysis Software - InformationWeek
Software // Information Management
04:21 PM

SPSS Upgrades Predictive-Analysis Software

Clementine 10 aimed at CRM-analysis and fraud-detection tasks.

SPSS Inc. this week debuted a release of its Clementine predictive-analytics application with new capabilities that aid in fraud-detection, customer-analysis, and revenue-assurance applications.

Clementine 10 offers a new anomaly-detection algorithm that identifies data that doesn't fit an established pattern or signifies an unusual event. The algorithm simplifies analysis and scoring and helps with such tasks as fraud detection and spotting financial inaccuracies.

The new feature-selection capability will help developers produce predictive models more easily and determine what data attributes best fit a model and are relevant to a specific problem. SPSS says such capabilities are particularly applicable to customer-relationship-management analysis tasks such as customer acquisition, customer retention, and upsell/cross-sell analysis.

Test and measurement device manufacturer National Instruments Corp. uses Clementine for a number of forecasting applications, including placing values on sales prospects. Dan Courtright, a market analyst at the company, has been beta testing Clementine 10, including using it to help identify data-quality problems. He's particularly pleased with its improved ability to import and export data to and from third-party data sources.

The software also provides a slew of data-preparation and productivity enhancements. Clementine 10 is available now, priced at $80,000 per server and $5,000 per user.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll