Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: First Look: FICO Analytic Modeler Suite
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
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
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

Seven Steps to Heaven: Marketing Automation with a CRM System [INFOGRAPHIC]
10 Greatest Challenges Preventing Businesses from Capitalizing on Big Data [INFOGRAPHIC]
Machine Learning and Artificial Intelligence in Marketing Research
Sales Pipeline Management Dos and Don’ts
5 Ways Hadoop Can Help Healthcare Organizations and You
  • 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.

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

sales and data analytics
How Data Analytics Improves Lead Management and Sales Results
Analytics Big Data Exclusive
ai in marketing
How AI and Smart Platforms Improve Email Marketing
Artificial Intelligence Exclusive Marketing
AI Document Verification for Legal Firms: Importance & Top Tools
AI Document Verification for Legal Firms: Importance & Top Tools
Artificial Intelligence Exclusive
AI supply chain
AI Tools Are Strengthening Global Supply Chains
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

spreadsheet business intelligence tool
AnalyticsBig DataBusiness IntelligenceData ManagementITSoftwareSQLStatistics

Spreadsheets: Still the King of Business Intelligence Tools

4 Min Read

Is Your Data Big?

8 Min Read

Technology’s Impact on Accounting and Business

11 Min Read
big data and accounting
Business RulesData ManagementITSoftware

Strategies to Make Better Profits for CPAs During Tax Season

10 Min Read

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

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?