Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


11Ants Analytics launches 11Ants Predictor for Microsoft SQL



Media Release


11Ants Analytics launches 11Ants Predictor for Microsoft SQL Server
Integrates easily with Microsoft SQL Server transforming it into a forward looking predictive analytics solution within hours - not days or months


HAMILTON, New Zealand, 4 October 2012
– 11Ants Analytics today launched 11Ants Predictor for Microsoft SQL Server, a break-through solution which transforms Microsoft SQL Server into a forward-looking predictive analytics solution, in hours. 11Ants Predictor leverages an organization’s considerable investment in data warehouses by transforming the data warehouse from a backward looking analytics tool to an ‘intelligent’ competitive tool to predict customer behaviour. The launch follows the recent launch of 11Ants Predictor for Oracle and 11Ants Predictor for Teradata.
Tom Fuyala, Director, Business Development, 11Ants Analytics says, “Our products integrate extremely well with the Microsoft family of products, even going so far as empowering users to build predictive models via the familiar Excel user interface The result is advanced predictive analytics that is affordable, can be rapidly implemented and has minimal risk for the sponsoring executive. Microsoft SQL Server users all over the world can now play in the Predictive Analytics 2.0 space.”

11Ants Analytics solution provides Microsoft SQL Server customers with access to the world of real time predictive analytics within hours, rather than weeks or months, due to its simple deployment. Users can connect to Microsoft SQL Server within minutes, after downloading and activating the software, and immediately begin scoring customers at the rate of several thousand per second.

“Organisations wanting to start, or build on, their predictive analytics competencies don’t have to invest the hundreds of thousands to millions of dollars demanded by the traditional vendors. Our approach is a real paradigm shift as the installation processes is orders of magnitude simpler than the complex, expensive and time consuming integration projects users may have become accustomed to,” says Fuyala.
11Ants Predictor for Microsoft SQL Server is a high speed scoring engine for deploying predictive models to Microsoft SQL Server. It enables users to deploy predictive models built with 11Ants Analytics desktop modeling tools – 11Ants Customer Churn Analyzer, 11Ants Customer Response Analyzer and 11Ants Model Builder. These tools allow the rapid building of propensity models, such as churn propensity models and response propensity models.
Using 11Ants Predictor organisations can predict how customers are likely to behave in the future. Armed with this knowledge the database can be populated with unique Next Best Offers for every individual customer. For example, a telecommunications company can predict which customers are most likely to need a new plan or would likely take up new services as well as those at risk of leaving.

Fuyala says, “An organization that can automate the acquisition of this knowledge, augment their data base with it and then run business tactics in parallel with it, is clearly in a different league than one which cannot. Increasing relevance and really understanding what is most useful to a customer will increase the value of a company to them. This also creates the opportunity to increase revenue by putting more relevant offers to customers via the organizations regular touch-points.”

According to Fuyala many organizations stall in their plans to progress with traditional predictive analytics implementations at the business case stage due to the up-front investment for predictive analytics software licensing, integration and specialist staff to utilize the software.

Fuyala says, “The experience of many companies, even extremely large ones, is that as the ROI on predictive analytics investment is not always readily apparent as it’s often not available on day-one and rather it develops over a period of time.

“Companies that value simplicity and rapid deployment, without the big price tag, find 11Ants Analytics solutions very compelling. Traditional complex and expensive installation paradigms often result in companies favoring doing nothing. Our solutions remove the barriers and make it easier for sponsoring executives to begin deploying predictive analytics at low cost, providing them the window to readily demonstrate an ROI without major investment.”

11Ants Predictor is also available for other enterprise databases such as Oracle, MySQL, Teradata, and SAND. All 11Ants Analytics’ solutions involve leading edge proprietary predictive analytics technologies.

11Ants Analytics clients, located across the globe, range from medium sized businesses to Fortune 500 companies. Clients span a diverse range of sectors including telecommunications, hi-tech manufacturing, agribusiness, e-commerce, travel, pharmaceutical, credit control, banking, food and beverage, and retailing.

For more information visit http://www.11antsanalytics.com or follow 11Ants Analytics.

- ENDS -

ABOUT 11ANTS ANALYTICS

11Ants Analytics is the leader in assisted predictive analytics. 11Ants Analytics’ software products greatly simplify businesses adoption and deployment of predictive analytics techniques. The products are powered by the breakthrough proprietary HyperLearn technology, the result of over three years of development by 11Ants Analytics, and inspired by machine learning research at New Zealand's University of Waikato - home of one of the most respected predictive analytics and machine learning groups in the world. 11Ants Analytics’ development team is based in New Zealand. 11Ants Analytics is venture backed by Endeavour Capital, The New Zealand Venture Investment Fund and WaikatoLink, the commercialization company of the University of Waikato. http://www.11antsanalytics.com

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news