About This Constellation ShortList™
Advanced analytics represent a class of software that Advanced analytics helps companies go beyond historical reporting to predict future opportunities and risks. Predictive analysis helps identify best customers, optimize up-sell and cross-sell offers, understand financial risks, choose new products and anticipate equipment failures. Until recently, advanced analytics were the province of statisticians and data scientists, but these self-service options are democratizing predictive capabilities.
This category refers to advanced analytics products that make it possible for analysts and data-savvy business users, as well as data scientists, to perform predictive and statistical analyses. The category is important for any organization that wants to take advantage of forward-looking calculated and modeled insights that go beyond historical reporting.
New to this update is DataRobot, which has combined intuitive user interfaces with extensive automation capabilities to bring advanced analytics, along with extensive data visualization capabilities, to data-savvy business users as well as data scientists. Also in this update, Microsoft Azure Machine Learning Services now include the capabilities previously listed under the Microsoft Cortana Intelligence Suite brand umbrella.
Constellation considers the following criteria for these solutions:
- Self-service, data-prep capabilities
- Intuitive graphical user interfaces
- Breadth of analysis tools, algorithms and predictive libraries
- Streamlined analysis workflows
- Cloud deployment, integration options for high-scale computation
- Collaborative capabilities
The Constellation ShortList™
Constellation evaluates over a dozen solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.
- IBM Watson Analytics
- Microsoft Azure Machine Learning Services
- SAS Visual Analytics/Statistics
Frequency of Evaluation
Each Constellation ShortList evaluation will be updated every 180 days as needed.
Constellation clients may work with the analyst and research team to conduct a more thorough discussion of this ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.
Connect with a Constellation analyst or learn more. Click here.