360Quadrants recognizes FICO as a Visionary Leader in the Predictive Analytics space


Posted March 5, 2019 by quadrants360

Predictive analytics is a statistical and data mining solution that consists of numerous algorithms and methodologies that are used for both structured as well as unstructured data to extract business insights.

 
360Quadrants, the world’s only comparison platform that combines expert analysis with crowdsourced reviews, has released a quadrant on Predictive Analytics Software to help businesses make quicker and more informed decisions.

Predictive analytics is a statistical and data mining solution that consists of numerous algorithms and methodologies used in structured and unstructured data to extract business insights. It offers flexible, scalable, and advanced solutions to help users make better-informed business decisions. Predictive analytics software helps industries in understanding customer perception by providing a competitive market edge and the ability to orchestrate business decisions rapidly. Major applications of predictive analytics are customer segmentation, risk assessment, churn prevention, sales forecasting, market analysis, and financial modeling.
FICO Decision Management Suite has been identified as a visionary leader in the predictive analytics space given its extensive product features, high product quality, reliability, suitable channel strategy, and wide geographical footprint. 360Quadrants also lists competitors of FICO Decision Management Suite in the predictive analytics space.

Predictive offerings from FICO aim to deliver valuable insights and intelligence from data. The company has an established product portfolio with a robust market presence and business strategy. Some of the major developments of the company in the predictive analytics space include:

FICO Decision Management platform earns powered by Oracle cloud status

 FICO’s streaming analytics platform, FICO Decision Management Platform Streaming has achieved the coveted ‘Powered By Oracle Cloud’ status. The certification will help retailers deepen personalization and engage customers better with the help of tailor-made decisions that unify in-the-moment interactions.

FICO latest release of its Analytics Workbench to help make AI easily consumable

 FICO announced the release of the latest version of its cloud-based advanced analytics platform, FICO Analytics Workbench. The new version is expected to help empower business users and data scientists with sophisticated yet easy-to-use data exploration, visual data wrangling, decision strategy design, and machine learning.

FICO’S Xpress insight helps users operationalize analytics

 FICO announced a community version of Xpress Insight, a decision-support application that enables data scientists to deploy advanced analytics or optimization models rapidly. FICO Xpress Insight enables collaboration between data scientists and business users by taking highly complex analytics or optimization models and turning them into simple point and click applications to make better business decisions.

Experian, FICO, and Finicity launch new UltraFICO™ credit score

 Experian, FICO, and Finicity announced a new credit score called UltraFICO that leverages account aggregation technology and distribution capability from Experian and Finicity. The new score will help consumers improve access to credit by verifying checking, savings, and money market account data that reflects responsible financial management activity.

About 360Quadrants

360Quadrants provides equal opportunities to all stakeholders, thus reducing prejudice. Vendors get 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. 360 aims to simplify and de-risk complex purchase decisions by providing buyers with real-world insights from their peers, industry experts, analysts, and vendors, helping buyers make more informed decisions and finding the best-fit solutions faster. Experts get to grow their personal brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.
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Last Updated March 5, 2019