Predictive analytics is the next big thing in marketing software, and DataFox is the best free one. With features like team collaboration, on-the-spot analysis, and real-time reporting on what data to gather (which you already know), you can’t go wrong with DataFox.
Predictive analytics is a method of forecasting future behaviors and trends based on collected and analyzed data. It is used in various industries to drive decisions and, ultimately, optimize business outcomes. Our free downloadable software provides your organization with the power of predictive analytics.
GMDHSOFTWARE
Business forecasting software – GMDH. Predictive Analytics Solution for Business Raise Forecast Accuracy with Powerful Predictive Analytics Software Predictive analysis is irreplaceable; among hundreds of its applications are risk management, cross-sells, customer satisfaction analysis, financial and insurance analysis. Predictive analytics software is also common in pharmaceutical industry, sports, travel, telecommunications and other fields.
R-PROJECT
R: The R Project for Statistical Computing. R is a free software environment for statistical computing and graphics. It compiles and runs on a wide variety of UNIX platforms, Windows and MacOS. To download R, please choose your preferred CRAN mirror.
ORANGE.BIOLAB
Orange – Data Mining Fruitful & Fun. Open source machine learning and data visualization for novice and expert. Interactive data analysis workflows with a large toolbox.
RAPIDMINER
Data Science Platform | RapidMiner. RapidMiner makes data science teams more productive through a unified platform for data prep, machine learning, and model deployment.
Altair
Platform: Altair Knowledge Works
Related products: Altair Knowledge Studio, Altair Knowledge Studio for Apache Spark, Altair Knowledge Hub, Altair Panopticon, Altair Monarch
Description: Altair (formerly Datawatch) offers a suite of solutions through its Knowledge Works portfolio and is headlined by an advanced data mining and predictive analytics workbench called Knowledge Studio. The product features patented Decision Trees, Strategy Trees, and a workflow and wizard-driven graphical user interface. It also includes capabilities for data preparation tasks, visual data profiling, advanced predictive modeling, and in-database analytics. Users can import and export using common languages like R and Python, as well as data types like SAS, RDBMS, CSV, Excel, and SPSS.
Alteryx
Platform: Alteryx Analytics Process Automation
Related products: Alteryx Designer, Alteryx Intelligence Suite, Alteryx Server, Alteryx Connect, Alteryx Promote
Description: Alteryx offers data science and machine learning functionality via a suite of software products. Headlined by Alteryx Designer which automates data preparation, data blending, reporting, predictive analytics, and data science, the self-service platform touts more than 260 drag-and-drop building blocks. Alteryx lets users see variable relationships and distributions quickly, as well as select and compare algorithm performance with ease. No coding is required while the software can be deployed in the cloud, behind your own firewall, or in a hosted environment.
Anaconda
Platform: Anaconda Enterprise
Related products: Anaconda Distribution, Anaconda Team Edition
Description: Anaconda offers its data science and machine learning capabilities via a number of different product editions. Its flagship product is Anaconda Enterprise, an open-source Python and R-focused platform. The tool enables you to perform data science and machine learning on Linux, Windows, and Mac OS. Anaconda allows users to download more than 1,500 Python and R data science packages, manage libraries, dependencies, and environments, and analyze data with Dask, NumPy, pandas, and Numba. You can then visualize results generated in Anaconda with Matplotlib, Bokeh, Datashader, and Holoviews.
Board
Taking the number one spot on this list is Board, an all-in-one cloud-based and on-premise platform designed to help organizations optimize their financial planning and analysis and maximize results by utilizing its predictive simulation tools and realistic scenario management.
As a decision-making solution, Board is equipped with advanced tools for data discovery, in-depth analytics, simulation, and predictive modeling. These features offer businesses a more convenient way of monitoring and analyzing various data sets, such as budget, sales, performance, expenses, and profits. With the help of Board’s simulation tool, you can create scenarios as well as possible results based on the analysis of the platform’s native logical capabilities.
Aside from financial planning, Board is also utilized in monitoring and managing employee performance. By inputting specific values, such as KPI metrics, Board can pinpoint the areas that need improvement, which aids managers in formulating effective action plans to boost the performance of your team and its members.
Furthermore, what makes Board an ideal predictive analysis solution is it applies to different types of businesses in various industries. And despite its seemingly complex functionality, it is designed to be user-friendly. Unlike other software solutions with similar functionality, Board does not require any type of coding skills, opting instead for the drag-and-drop interface.
Why Choose Board?
- Hybrid Bitwise Memory Pattern. Also called HBMP, this proprietary technology gives Board the required capability for faster data visualization, simulation, and predictive modeling.
- Dual deployment. In the age of convenience offered by cloud-based platforms, Board also offers the traditional on-premise option, which gives its users more control over the security and server settings and updates.
- Automated drill-downs. With Board, there is no need to manually preconfigure your drill-down paths. This software solution automatically suggests drill-down paths and logical hierarchies to its users who only need to choose which options are best suited to their and their organizations’ needs.
Sisense
Sisense is an agile business intelligence software created for all types of companies. Known for its easy implementation, this platform offers a full range of business analytics features that can help you outpace your competition. It is engineered to make complex data preparation and visualizations simple so that you can make better business decisions and intelligent strategies faster than ever.
This product also offers no coding, no clusters, and minimum IT, making it ideal for users with no background in programming. For your peace of mind, plenty of world-renowned organizations use this brand for their operations. These include Wix, the Salvation Army, Accenture, Fujitsu, GE, NBC, NASDAQ, Sony, and ESPN.
Should you be interested in adding Sisense to your arsenal of business software solutions, simply get in touch with the vendor to get a quote. You may also opt to register for a free trial first before committing to a subscription plan.
Why Choose Sisense?
- Core In-Chip™ Technology. The more data you can process, the better the insights you are going to get. However, this might slow down your system. To help you process data 10 times faster, Sisense uses a core in-chip technology that allows their platform to have a scalable, memory-optimized, columnar database. This way, you can join data from multiple sources, build interactive dashboards and business intelligence reports while maximizing your existing devices’ capacity to store, compress, and access data.
- Open, Single-Stack™ Architecture. Every company has different analytics needs. With Sisense’s robust database, ETL, analytics, and visualization options, you will surely be able to manage and review your data however you want. This end-to-end business intelligence software also has an open API framework that allows you to customize the platform to meet your unique requirements.
- Advanced Change Detection. Your data changes constantly. Sisense uses machine learning to help you find the right information even as your data is modified. Users just need to set the parameters by which they wish to monitor their data, making the process effortless.
Conclusion
This is a curated list of Open Source Software (OSS) projects in the Predictive Analytics domain, mostly consisting of machine learning algorithms. The list also includes sub-domains such as statistical computation, mathematical optimization, data mining and data visualization etc.