By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data Analytics instagram stories
    Data Analytics Helps Marketers Make the Most of Instagram Stories
    15 Min Read
    analyst,women,looking,at,kpi,data,on,computer,screen
    What to Know Before Recruiting an Analyst to Handle Company Data
    6 Min Read
    AI analytics
    AI-Based Analytics Are Changing the Future of Credit Cards
    6 Min Read
    data overload showing data analytics
    How Does Next-Gen SIEM Prevent Data Overload For Security Analysts?
    8 Min Read
    hire a marketing agency with a background in data analytics
    5 Reasons to Hire a Marketing Agency that Knows Data Analytics
    7 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: First Look: FICO Analytic Modeler Suite
Share
Notification Show More
Aa
SmartData CollectiveSmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Software > First Look: FICO Analytic Modeler Suite
Software

First Look: FICO Analytic Modeler Suite

JamesTaylor
Last updated: 2014/10/16 at 7:14 AM
JamesTaylor
5 Min Read
Image
SHARE

ImageFICO Analytic Modeler is FICO’s in-browser analytic tool suite – the evolution of the Model Builder product line post the InfoCentricity acquisition.

ImageFICO Analytic Modeler is FICO’s in-browser analytic tool suite – the evolution of the Model Builder product line post the InfoCentricity acquisition. These offerings are part of the FICO Analytic Cloud, a cloud-based environment for building and managing analytic models and deploying analytics into decisioning applications.  It also features a marketplace for analytic solutions.

The FICO Analytic Cloud today includes a number of FICO decision management applications as well as the FICO Solution Stack: a set of analytic and application development tools that includes the Decision Management Platform, Decision Modeler, Analytic Modelers, Optimization Modeler and a visual business intelligence environment and rapid application development tool.

FICO’s Analytic Modeler Suite consists of four distinct product offerings,  which support increasing degrees of analytic user sophistication:

More Read

data backup

5 Best Server Backup Software for Data-Driven Businesses

SMEs Use AI-Driven Financial Software for Greater Efficiency
Key Strategies to Develop AI Software Cost-Effectively
3 AI-Based Strategies to Develop Software in Uncertain Times
Implementing AI to Automate LinkedIn Messaging
  • FICO Analytic Modeler Scorecard
    Aimed at business analysts with a focus on descriptive and predictive analytics. Primarily a machine learning-based product designed to automate the model building process.
  • FICO Analytic Modeler Scorecard Professional
    Designed for more sophisticated users, it offers an increased focus on diagnostic analytics along with more sophisticated features like reject inference for modelers to use manually.
  • FICO Analytic Modeler Decision Tree Professional
    Also designed for more sophisticated users. It features an increased focused on prescriptive analytics and building decision trees that assign treatments.
  • FICO Analytic Modeler for R
    Coming in the fall quarter of 2014. Aimed at data scientists familiar with R, it is based on the RStudio browser-based IDE.

The two Analytic Modeler Professional solutions evolved from the InfoCentricity Xeno products, but all four are designed to integrate into the FICO Decision Management Platform. In addition three model execution tools are available to extend analytic model use within the platform.  These include:

  • Decision Executor
    Executes rules from FICO’s rule components as well as from the Analytic Modeler Decision Tree Professional product and Model Builder.
  • PMML Executor
    Executes any PMML model, whether from Analytic Modeler or a third-party predictive analytics tool.
  • SAS Executor
    Ingests and executes SAS-specific predictive models.

The FICO Analytic Modeler Scorecard has the most modern UI. It provides a simple interface for non-technical users that allows them to add datasets, train models, explore a mode and deploy models. One of the attractions of scorecards in this context is their transparency, which counteracts the tendency of the machine learning to be a bit “black box”.

  • Each dataset is linked to the models developed from it so that models can be grouped according to which data was used to build the model. The fields in the datasets can be viewed with basic information like type, % missing, and a value summary. Fields can be identified as targets or excluded.
  • Building a model requires the user to simply specify a target variable, set a few parameters and run it. The results page indicates how strong the prediction is in non-technical terms, providing a narrative description along with variable importance, separation and ranking strength curve. Each of these items provides some additional detail – for example, users can see the weight of evidence and bins for a variable, explore the separation at different cut offs, etc.
  • The models can be viewed directly and can also be published to the Decision Management Platform as an executable.

Pricing is per seat for model building and per model/scoring volume for scoring. Self-service trials are available and sizing is increasingly elastic (for a fee). For now, this product is a single-user tool.  Collaboration is coming in the other tools.

FICO is one of the vendors in the Decision Management Systems Platform Technologies Report and there is more information on Analytic Modeler here.

JamesTaylor October 16, 2014
Share This Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

ai low code frameworks
AI Can Help Accelerate Development with Low-Code Frameworks
Artificial Intelligence
data Analytics instagram stories
Data Analytics Helps Marketers Make the Most of Instagram Stories
Analytics
data breaches
How Hospital Security Breaches Devastate Local Communities
Policy and Governance
analyst,women,looking,at,kpi,data,on,computer,screen
What to Know Before Recruiting an Analyst to Handle Company Data
Analytics

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

data backup
Big Data

5 Best Server Backup Software for Data-Driven Businesses

8 Min Read
Artificial Intelligence

SMEs Use AI-Driven Financial Software for Greater Efficiency

10 Min Read
ai software development
Artificial Intelligence

Key Strategies to Develop AI Software Cost-Effectively

10 Min Read
ai in software development
Software

3 AI-Based Strategies to Develop Software in Uncertain Times

9 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?