MENU
GET LISTED
GET LISTED
SHOW ALLPOPULAR CATEGORIES

DAVinCI LABS Review

DAVinCI LABS
Our score: 8.0 User satisfaction: 100%

What is DAVinCI LABS?

DAVinCI LABS is a data analytics system powered by AI (artificial intelligence) and is created specifically for enterprise value creation. No longer do you have to dread analyzing complicated data. DAVinCI LABS has got all your bases covered.

DAVinCI LABS provides businesses with an artificial intelligence-based predictive analytics solution that spots and analyzes patterns within historical enterprise data using machine learning algorithms. The discoveries will be used to create a deployable prediction model that can be effortlessly and smoothly incorporated into virtually any strategic system.

DAVinCI LABS can also be utilized for a number of other functions, including credit scoring, underwriting, fraud detection, and target marketing, among other things that need reliable and highly actionable insight into the future.

Overview of DAVinCI LABS Benefits

Information is power and well-prepared data is essential for powerful predictive analysis. DAVinCI LABS helps you prepare all your data without compromising accuracy and reliability by automating processing tasks needed for Machine Learning, including missing value handling, variable type selection, and various data transformation.

Just a few clicks, you are able to build powerful and very reliable prediction models, thanks to DAVinCI LABS’s Solidware-modified ML algorithms. Even greater news is that you don’t have to perform hard-coding and other related tasks to create models that are very accurate in predicting the future your business.

Data analysis can be quite complicated to the unlearned and uninitiated. With DAVinCI LABS, you don’t have to be an expert data analyst to make sense of tons of data thrown your way. The software comes with a user interface that thinks and acts like a data analyst and a visualized platform that displays everything you need to know and guides you throughout the whole data analysts’ modeling process chain.

DAVinCI LABS is so powerful that you can discover hidden and complicated patterns within your big data and the whole discovery process can be accomplished within a single day. That means you can create various business roles based on complex patterns without having to spend a few days to weeks scanning and scouring your data.

Overview of DAVinCI LABS Features

  • Low-cost systematic integration
  • Convenient operational integration
  • Machine learning analytics automation
  • Data Processing
  • Champion Algorithm
  • Algorithm Ensemble
  • Clustering Analysis
  • Time-series analysis for trending and seasonality
  • Scoring & grading system generation
  • Model validation
  • Explorer-style UI

What Problems Will DAVinCI LABS Solve?

Scenario #1: Internalization of machine learning technology for risk modeling at an insurance company

Insurance company 0000 Life has years and years worth of data for millions of customers. It has been performing risk modeling for quite a long time, and its maintains well-structured data for statistical modeling. 0000 Life wants to adopt machine learning technology for its operation, but has been unsuccessful in hiring a qualified machine learning scientist. The existing modelers try to use open-source machine learning algorithms from the internet to generate models, but get no valid results. 0000 Life realizes that the data has to be preprocessed in special ways that makes effective machine learning possible. This entails having separate algorithms just for handling missing values and outliers, and normalizing/quantizing the data. But 0000 Life does not have the time to train its workforce and experiment with various methodologies, and this leads them to use DAVinCI LABS. With DAVinCI LABS, all the modeler has to do is upload the same structured data from before, set some general rules for modeling according to his industry knowledge, and click “Transform” and the preprocessing is done. Furthermore, the algorithm auto-selection feature chooses the Neural Network algorithm to generate a model from, while self-adjusting the algorithm’s parameters such as the number nodes, layers, and epochs. When a model is generated, 0000 Life downloads the prediction data from DAVinCI LABS, runs some calculations, and then confirms that the performance indices displayed on DAVinCI LABS are indeed true. The machine-learning model’s accuracy is 15%p higher than that of the existing model.

Scenario #2: System integration of machine learning credit scoring models at a credit card company

Credit card company 0000 Card wants to expand its customer base to reach 1) the younger population, and 2) people with brief or no significant financial transaction history. Currently, its statistical (logistic regression) credit scoring model can only analyze up to 20 fields(variables). Since the information within those 20 fields is meager and statistically insignificant for adequately analyzing their new target customers, 0000 Card cannot create a valid model to predict their credit performance. So 0000 Card uses DAVinCI LABS, which analyzes every pattern hidden within hundreds of variables, and creates a powerful model. But 0000 Card cannot replace its existing credit scoring solution for this one machine-learning model, because so many existing models and strategies for other products are managed through it. But Mr. Credit, a member of the IT department at 0000 Card, quickly downloads the machine-learning model as a library file and then develops an interface that allows the existing solution to display the predictions of the machine-learning model. In the end, 0000 Card is able to introduce new technology without replacing anything.

Scenario #3: Dealing with customers who inquire about their credit evaluation results at a bank

DAVinCI LABS’s credit scoring model gave a loan customer a credit rating of 7 out of 10, which means he will be rejected for a loan at 0000 Bank. He calls in angrily, demanding to know why he was rejected. Then, the customer service department at 0000 Bank can refer to the field(variable) importance list for this specific customer, and see that the top influential variables that produced a grade of 7 were: [amount of outstanding loans], [number of credit cards owned], [duration of employment at current work], among others. The customer service agent can then look at the actual data and see that [amount of outstanding loans = $100,000], [number of credit cards owned = 4], and [duration of employment at current work = 60 days] does not meet the loan approval policy at 0000 Bank. Such findings can be kindly explained to the angry customer.

DAVinCI LABS Position In Our Categories

Because companies have distinct business wants, it is sensible that they steer clear of adopting a one-size-fits-all, ideal software solution. Still, it is hard to discover such application even among branded software systems. The practical thing to undertake can be to write down the several main factors which need investigation like essential features, price terms, technical skill levels of staff, business size, etc. Thereafter, you should conduct the product research thoroughly. Read some of these DAVinCI LABS evaluations and explore the other software systems in your list in detail. Such all-encompassing product research makes sure you steer clear of unsuitable apps and select the system that has all the features you require company requires in growing the business.

Position of DAVinCI LABS in our main categories:

TOP 200

DAVinCI LABS is one of the top 200 Business Intelligence Software products

If you are interested in DAVinCI LABS it could also be sensible to analyze other subcategories of Business Intelligence Software listed in our base of B2B software reviews.

It's crucial to keep in mind that hardly any software in the Business Intelligence Software category is an ideal solution that can meet all the requirements of different company types, sizes and industries. It may be a good idea to read a few DAVinCI LABS Business Intelligence Software reviews first as specific services can dominate exclusively in a very small group of applications or be prepared with a really specific type of industry in mind. Others might function with an intention of being easy and intuitive and consequently lack advanced features needed by more experienced users. You can also find apps that support a wide group of users and give you a complex feature set, but that in most cases comes at a higher cost of such a service. Ensure you're aware of your needs so that you get a service that has specifically the functionalities you look for.

How Much Does DAVinCI LABS Cost?

DAVinCI LABS Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact DAVinCI LABS for enterprise pricing information and other product details. You can also submit a request for a free trial to see if the software is a perfect fit for your business.

User Satisfaction

Positive Social Media Mentions 117
Negative Social Media Mentions 0

We realize that when you make a decision to buy Business Intelligence Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and DAVinCI LABS reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with DAVinCI LABS. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Linux
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

Popular DAVinCI LABS Alternatives

Top Competitors To DAVinCI LABS By Price

Trending Business Intelligence Software Reviews

Product name:
Score:
Satisfaction:
8.6
91%
8.0
99%
8.4
100%

DAVinCI LABS Comparisons

What are DAVinCI LABS pricing details?

DAVinCI LABS Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact DAVinCI LABS for enterprise pricing information and other product details. You can also submit a request for a free trial to see if the software is a perfect fit for your business.

What integrations are available for DAVinCI LABS?

The library files of prediction functions generated from DAVinCI LABS can be integrated with virtually any Java-based system.

Note

DAVinCI LABS
is waiting for
your first review.

Arrow

Write your own review of this product

ADD A REVIEW

More reviews from 0 actual users:

women man women man man women

Join a community of 7,369 SaaS experts

Thank you for the time you take to leave a quick review of this software. Our community and review base is constantly developing because of experts like you, who are willing to share their experience and knowledge with others to help them make more informed buying decisions.

Sign in with LinkedIn Why we require LinkedIn?
  • Show the community that you're an actual user.
  • We will only show your name and profile image in your review.
  • You can still post your review anonymously.

OR

Sign in with company email

Sign in with company email

Reviewed By Louie Andre
Page last modified
Did you find this review useful?
Yes No

Thank you for your feedback

How can we make this page better?

TOP

Why is FinancesOnline free? Why is FinancesOnline free?

FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.