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Salford Systems SPM Review

Salford Systems SPM
Our score: 8.2 User satisfaction: 100%

What is Salford Systems SPM?

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.

Overview of Salford Systems SPM Benefits

Powerful 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.

Overview of Salford Systems SPM Features

  • Data Mining Tools and Modeling Engines
  • Decision Trees
  • Nonlinear Regression
  • Stochastic Gradient Boosting
  • Bagging
  • Model Performance Stats based on Cross-Validation
  • Model Performance Stats based on Out of Bag Data During Bootstrapping
  • Automatic Creation of Command Logs
  • Translate Models into SaaS-Compatible Languages
  • Option to Save Processed Datasets into All Current Database/Statistical File Formats
  • Activity Window
  • Data Analysis Binning Engine
  • Automatic Creation of Missing Value Indicators
  • Advanced Imputation
  • Correlation Computation of Over 10 Different Types of Correlation
  • Cross-Validation Models Can Be Scored as An Ensemble
  • Automation Features
  • Explore Model Stability
  • Explore Mutual Multivariate Dependencies
  • Explore the Effects of the Learn Sample Size on the Model Performance
  • Automate Boostrapping Process
  • Build a Series of Models

Salford Systems SPM Position In Our Categories

Keeping in mind businesses have distinct business-related needs, it is only sensible they avoid getting a one-size-fits-all, ”best” system. Just the same, it is hard to chance on such application even among branded software products. The best thing to do should be to shortlist the various essential aspects which need deliberation like key features, plans, skill competence of staff members, business size, etc. The second step is, you must perform your product research through and through. Go over some of these Salford Systems SPM evaluations and scrutinize the other software systems in your list in detail. Such well-rounded product investigation ascertains you weed out ill-fitting applications and pay for the system that provides all the benefits your company requires in growing the business.

Position of Salford Systems SPM in our main categories:

TOP 50

Salford Systems SPM is one of the top 50 Predictive Analysis Software products

If you are considering Salford Systems SPM it may also be a good idea to investigate other subcategories of Predictive Analysis Software gathered in our base of SaaS software reviews.

It's important to realize that virtually no app in the Predictive Analysis Software category is a perfect solution that can fulfill all the goals of different company types, sizes and industries. It may be a good idea to read a few Salford Systems SPM Predictive Analysis Software reviews first as certain software might excel just in a really narrow set of applications or be prepared with a very specific industry in mind. Others can operate with an intention of being easy and intuitive and as a result lack advanced features needed by more experienced users. You can also find apps that support a wide group of customers and give you a powerful feature base, but this usually comes at a more expensive price of such a service. Make sure you're aware of your requirements so that you select a solution that offers specifically the features you search for.

How Much Does Salford Systems SPM Cost?

Salford Systems SPM Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Salford Systems SPM’s SMB and enterprise pricing plan information is available only upon request. Please contact the vendor, and request for a quote.

User Satisfaction

Positive Social Media Mentions 1
Negative Social Media Mentions 0

We realize that when you make a decision to buy Predictive Analysis 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 Salford Systems SPM 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 Salford Systems SPM. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Linux
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are Salford Systems SPM pricing details?

Salford Systems SPM Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Salford Systems SPM’s SMB and enterprise pricing plan information is available only upon request. Please contact the vendor, and request for a quote.

What integrations are available for Salford Systems SPM?

Salford Systems SPM supports partnership with the following providers:

  • Hulinks Inc.
  • Hearne Scientific Software Pty Ltd
  • Science Plus Group bv
  • STATCON
  • ASRAD Engineering Ltd.
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Reviewed By Nestor Gilbert
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