The Best Predictive Analytics Software as evaluated by 360Quadrants

Predictive analytics helps companies in extracting information to predict the data patterns and future trends and outcomes, anticipate events, and spot anomalies, by making use if techniques like data mining, predictive modelling, artificial intelligence,

(EMAILWIRE.COM, February 12, 2019 ) Predictive analytics helps companies in extracting information to predict the data patterns and future trends and outcomes, anticipate events, and spot anomalies, by making use if techniques like data mining, predictive modelling, artificial intelligence, and machine learning. It offers flexible, scalable, and advanced solutions to the companies, which further helps in better decision-making. The global predictive analytics market is predicted to witness a huge growth in the near future. This growth can be attributed to the emergence of new applications and technologies, increased focus on competitive intelligence, and rising use of analytics to determine future scenario and customers’ needs and behaviour.

IBM emerged as the top vendor in the enterprise segment, according to 360Quadrants rankings

In a recent assessment released by 360Quadrants, IBM captured the first spot in the list of 25 vendors in the best predictive analytics software space, followed closely by Oracle and SAP SE, while NTT Data Corporation was listed as a dynamic differentiator. IBM’s SPSS Modeler was rated as the best in product quality, reliability, and breadth and depth of offering. IBM SPSS Modeler also secured the top spot in criteria like geographic footprint and viability of business.

360Quadrants defines predictive analytics as a statistical and data mining solution, comprising various algorithms and methodologies used for structured as well as unstructured data in order to gather business insights. Covering more than 50 vendors in the predictive analytics software space, 360Quadrants places the top 25 vendors in a quadrant depending on their quality, reliability, and business strategies.
Competitive Leadership Scenario

360Quadrants recognizes the top 25 predictive analytics software vendors, which have been categorized into Visionary Leaders, Innovators, Emerging Companies, and Dynamic Differentiators based on their performance and predictive analytics software reviews.

IBM Corp, SAS Institute, Inc., SAP SE, Fair Issac Corporation (FICO), Tableau Software, Inc., RapidMiner, Inc., Oracle Corp, and Angoss Software Corp as Visionary Leaders, mainly because of their established product portfolios and strong market presence.

TIBCO Software, Inc., Microstrategy, Inc., Alteryx, Inc., Information Builder, Dataiku, KNIME.COM AG, and NTT DATA Corporation, are listed as Innovators, since they have focused portfolios and exhibit substantial product innovations.

GoodData Corporation, Microsoft Corporation, Teradata Corporation, Sisense, Inc., Predixion Software, and Domino Data Lab, Inc. are recognized as Dynamic Differentiators in the predictive analytics space, since they are established vendors with strong business strategies, but have less product offering.

Lastly, Exago, Inc., AgilOne, QlikTech International, and Kognitio Ltd., have been recognized as Emerging Players, mainly because they specialize in offering highly niche solutions and services, but do not have strong business strategies unlike other established vendors.

About 360Quadrants

360Quadrants, powered by MarketsandMarkets™, is the only comparison platform that combines expert analysis with crowdsourced insights. It covers emerging markets and technologies that are yet to be explored in detail. The platform gathers reviews from buyers, vendors, experts, and in-house analysts that influence the criteria used to position the company on the Quadrant.

Buyers get to simplify and de-risk complex purchase decisions. They get granular, unbiased and personalized comparison of products to their specific buying criteria. Vendors get an opportunity to position themselves to win ideal new customers, exclusive customized quadrant showcasing their strength, deep dive comparison giving understanding about trending buying criteria and highlight winning and losing area. Experts get to be part of a grand community, improve their reputation, and grow their personal brand, where they influence the buying decision of not only Fortune 500 companies but also start-ups. It establishes them as thought leaders in their respective space and helps them follow a ‘share & gain’ suit for knowledge.

360Quadrants has also launched quadrants in fields like, AI in Fintech and Application Modernisation Services.

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