In the ever developing world of technology, Best Predictive Analytics Software offers a solution to help analyze and review data on a large scale and allows users to interact and notify them on emerging trends and patterns. This system is compatible with both on-premise and cloud environments and features predictive models for forecasting stock prices, social influence, political preferences, disease outbreak propagation and more.
Who is the best predictive analytics software in the world? Our software technology helps business users discover, explore, analyze, and compare big data to gain insight.
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.
SAP Analytics Cloud (best predictive analytics solution overall)
SAP is a huge multinational software company. It’s a German firm dating back to the 70s. ERP is their specialty and they have many good data platforms.
SAP Predictive Analytics was their main data analytics platform. Now, that software is being phased into SAP’s larger Cloud Analytics platform. This does more BI than SAP Predictive Analytics did. SAP Analytics Cloud runs on AI for enhanced business planning and forecasting. It works on all devices. This analytics platform easily scales up for businesses of any size. Augmented analytics lets you use NLP to gain insights from big data. Machine learning automates workflows to regularly reveal relationships and patterns. Finally, SAP Analytics Cloud is easy enough for anyone to use.
SAP Analytics Cloud for Business Intelligence starts $22.00 per user per month.
SAP is best for:
- SMBs
- Large business
- Enterprise
- Data mining
- Predictive analytics
- Augmented analytics
- Forecasting
- Business intelligence
Website: SAP
SAS Advanced Analytics (best business intelligence tool for enterprise)
SAS is another multinational software firm with roots in the 70s. The main focus of SAS is analytics software. It’s headquartered in North Carolina.
SAS Advanced Analytics is a total suite of predictive analytics tools. It does data ming, which simplifies the data. This gets it ready for data modeling. There is statistical analysis. This uses algorithms to analyze the past, present and future. Forecasting tools automatically generate models for future probabilities. You get text analytics that analyzes unstructured data. SAS Advanced Analytics lets you run quick simulations. Here you can tweak variables and get new results instantly.
For prices you’ll have to contact SAS.
SAS is best for:
- SMBs
- Large business
- Enterprise
- Text analysis
- Statistical analysis
- Forecasting
- Predictive analytics
Website: SAS
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
Find the best predictive analytics software for your business with reviews from an unbiased, third-party voice. Evaluate each product based on cost, user reviews, accuracy, and more.