Salford Systems SPM is a highly-accurate and ultra-fast suite of data mining tools and predictive modeling solutions designed to assist data scientists, analysts, modelers, and miners in dynamically and creatively creating and developing predictive, descriptive, and analytical models from databases and data sets, regardless of how large and complex such databases and data sets are and whatever organizations they come from.
This award-winning and scalable platform is ideal for companies, organizations, and businesses who understand the value of data analysis, predictive analytics, and model generation to the performance of their activities and operations, letting them gain insights into their data and boost business growth and success. It is equipped with data mining technologies and modeling engines that support all aspect of data science projects which include classification, regression, survival analysis, missing value analysis, data binning, and clustering or segmentation.
Furthermore, Salford Systems SPM comes with automation capabilties that enable users to ease the burden when it comes to exploring and refining their models. Although the platform provides them with full control over their data mining and model building processes, they have the option to set up the platform to automatically guess, suggest, and generate the best actions and steps that they can take. Also, Salford Systems SPM ensures that they are able to review and utilize alternative modeling techniques and approaches so they can weigh all possible results and outcomes.
Show MorePowerful Data Mining Technologies And Modeling Engines
One of the prominent features built within Salford System SPM is its utilization of various data mining technologies and modeling engines. With these technologies and engines, users will be able t accurately, efficiently, and effectively explore their data, build models, and apply different techniques in gaining meaningful and valuable insights into their data.
Generate Classification And Regression Trees
Among these data mining technologies and engines is CART. CART is in fact a software designed for making classification and regression trees. This software uses a fast and versatile predictive modeling algorithm that can expose underlying and hidden relationships in data which can’t be detected by other analytical tools.
Predictive Modeling That Can Anticipate Numeric Outcomes
Another technology and engine available in Salford Systems SPM is the software called MARS. Like CART, MARS can also produce classification and regression trees. However, this software can spot non-linear data relationships and interactions. In other words, users can use this software to discover trends and patterns in their data that are not easily detected using traditional classification and regression.
Because of this, MARS is ideal for creating models for predicting outcomes that require numerical values. For example, MARS can anticipate the average monthly bill that a customer who is subscribed to mobile phone plan can pay or the amount of money that an online shopper can spend every time he or she visits a website or an eCommerce site.
Achieve A Higher Level Of Accuracy
Meanwhile, Salford Systems SPM has a data mining solution which is considered as the most powerful and flexible tool among all its data mining tools and modeling engines. This data mining tool is called TreeNet. TreeNet can achieve a level of precision and accuracy which is not typically attained using single models or ensembles like bagging and conventional boosting. It is actually immune to data errors and rejects data points that show rare, extremely dramatic, or impossible variations in relation to the parameters and requirements laid out by a particular model. It also has interaction detection capability which means it can check if a certain interaction is required for a given predictive analytics model. If users want to improve the accuracy and performance of their models, they must use this tool.
Bagging Tool
Lastly, the suite of data mining tools and predictive modeling solutions delivers a bagging tool called Random Forests. Bagging is a method applied in data science projects and optimization of algorithms which aims to reduce variance in models for specific data sets that such models are trained for but can still give room for bias. The concept of bagging can be compared to producing weaker copies of a strong brain and having those copies work on other data sets. Whatever results produced by each replica of the model are aggregated and the predictive power and capability of the model is then evaluated. Through bagging, users will be able to optimize the accuracy of a single model.
Random Forests can quickly identify data anomalies and outliers, spot the most important predictors, show proximity clusters, substitute missing values with imputations, reveal patterns in data, precisely predict possible outcomes, and generate graphics that provide users with powerful insights.
Show MoreBecause businesses have special business-related demands, it is only prudent that they avoid going for an all-in-one, ”best” software system. Nevertheless, it is difficult to try to come across such an app even among popular software solutions. The right thing to do would be to set down the varied significant aspects that necessitate research including crucial features, price plans, skill ability of staff members, organizational size, etc. After which, you must do the research thoroughly. Have a look at some of these Salford Systems SPM review articles and explore the other applications in your list more closely. Such well-rounded research can make sure you avoid poorly fit apps and pay for the one which has all the features your business requires.
Position of Salford Systems SPM in our main categories:
Salford Systems SPM is one of the top 50 Predictive Analysis Software products
If you are interested in Salford Systems SPM it may also be sensible to investigate other subcategories of Predictive Analysis Software listed in our database of SaaS software reviews.
It's essential to note that virtually no app in the Predictive Analysis Software category will be an ideal solution that can meet all the goals of all business types, sizes and industries. It may be a good idea to read a few Salford Systems SPM Predictive Analysis Software reviews first as specific services can perform well exclusively in a very small set of applications or be designed with a really specific type of industry in mind. Others may operate with an intention of being easy and intuitive and consequently lack advanced elements desired by more experienced users. There are also solutions that focus on a wide group of customers and give you a powerful feature toolbox, however this frequently comes at a more significant cost of such a software. Be certain that you're aware of your needs so that you pick a service that has all the functionalities you look for.
Salford Systems SPM Pricing Plans:
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Salford Systems SPM Pricing Plans:
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Salford Systems SPM’s SMB and enterprise pricing plan information is available only upon request. Please contact the vendor, and request for a quote.
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