Information Builders, which leads the pervasive business intelligence (BI) systems, announced the release of WebFOCUS RStat 1.2, an integrated modern BI platform that to create predictive applications.
Benefits:
It appeals to a broad group of business analysts and an operational employee because of it significantly reduces the “IT complexity” for non-statistically trained users. It has become a general-purpose data mining and statistical tool. RStat provides greater business benefits by enabling more employees at all levels in an organization to take advantage of a predictive solution and make better decisions. RStat 1.2 dramatically lowers the cost of predictive analytics. By fully integrating RStat with WebFOCUS, customers benefit from significantly lower costs of mining projects simply by providing efficient access to data. Ninety percent of costs in statistical and mining projects are in data access and manipulation — two activities that are easier with BI tools. Additionally, the integration on the reporting server lowers deployment costs by minimizing the need for additional hardware. Instead of having a statistical server and a BI server, RStat 1.2 enables customers to conduct both BI and predictive modeling from a single server. Having this type of integrated environment makes the deployment of a predictive scoring solution much simpler and faster than older statistical systems. Information Builders is providing RStat free for modeling and analysis services as part of its Developer Studio product.
What’s NEW:
The new features provided in this tool are:-
– Survival analysis – included as an additional statistical modeling technique and scoring routine with both COX regression and Kaplan-Mayer.
– Library of scoring routines – expanded to advanced models such as Neural Networks.
– Charting capabilities – expanded with new charts that are relevant for survival analysis.
– Testing – Traditional hypothesis testing methods, such as T and F tests, have also been added.
Website:
DOWNLOAD:
http://techsupport.informationbuilders.com/
If you are an existing Information Builders customer and you have a standard Developer Studio (version 7.6.9 or higher) license, click here to download your free copy of WebFOCUS RStat now! Just log in and select Download > My Downloads/Shipments. Registration is required.
About ‘INFORMATION BUILDERS:
Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs. Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners. More information is available at informationbuilders.com.
Also Lets listen to Chris Brady of DSC on WebFOCUS:
[webFOCUS]
Tags: Business Intelligence, Data Mining, Tools