By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
    benefits of data analytics for financial industry
    Fascinating Changes Data Analytics Brings to Finance
    7 Min Read
    analyzing big data for its quality and value
    Use this Strategic Approach to Maximize Your Data’s Value
    6 Min Read
    data-driven seo for product pages
    6 Tips for Using Data Analytics for Product Page SEO
    11 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
Latest News
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics
ai in web design
5 Ways AI Technology Has Disrupted Website Development
Artificial Intelligence
cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
Aa
SmartData 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
- Advertisement -

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.

- Advertisement -

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

ai in software development

3 AI-Based Strategies to Develop Software in Uncertain Times

Implementing AI to Automate LinkedIn Messaging
Cloud Technology is the Future of Medical Billing Software
Strategies to Make Better Profits for CPAs During Tax Season
Comparing DynamoDB and MongoDB for Big Data Management
  • 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.

- Advertisement -

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
- Advertisement -

Follow us on Facebook

Latest News

ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics
ai in web design
5 Ways AI Technology Has Disrupted Website Development
Artificial Intelligence

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

ai in software development
Software

3 AI-Based Strategies to Develop Software in Uncertain Times

9 Min Read
use AI to automate linkedin messaging
Artificial Intelligence

Implementing AI to Automate LinkedIn Messaging

10 Min Read
cloud technology benefits for medical billing
Cloud Computing

Cloud Technology is the Future of Medical Billing Software

17 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.

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

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?