Actuate releases data mining, predictive analytics tool

By : |January 24, 2013 0

BANGALORE, INDIA: Actuate Corporation, a BIRT Company, announced BIRT Analytics, a visual data mining and predictive analytics product that streamlines data analysis.

BIRT Analytics is the latest addition to ActuateOne, Actuate’s BIRT-based suite of commercial products.

BIRT Analytics is ideally suited to organizations with an innate analytic attitude or inquiring culture and in dynamic sectors where rapid action on insights is a competitive requirement. Without having to adhere to prescriptive data schemas or being hindered by linear querying pathways, business users can explore free-form, says a release.

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“In business software, it is rare to see the sort of emotional response we’ve noted when business users get started with BIRT Analytics,” said Pete Cittadini, CEO and President, Actuate Corporation. “Analytics is as valuable as the problems it solves. We truly believe that by putting analytics in the hands of business users, they feel more empowered because of the answers they identify. These insights have profound organizational impact, dramatically reducing the business latency typically associated with data mining.”

It is capable of providing predictive analytics and visual data discovery, creates Pareto distributions, Venn diagrams, predictions, trend lines and forecasts without requiring special analytic language such as R or SAS, assumes no specific data structure, schema, or architecture, instead offering a flexible, non-imposing data architecture and connects to social and Internet data sources including Facebook, Twitter, Salesforce, Google Analytics and CheetahMail.