BriefsKXEN Version 2.0 with Real-Time DeploymentNew Version Offers the Latest in Data Mining Technology with Real-time Deployment Analytics SAN FRANCISCO, June 27 /PRNewswire/ -- KXEN(TM), a global analytic software company that provides powerful, predictive and descriptive modeling technology for both data mining professionals and business decision-makers, today announced Version 2.0 of its analytics software suite. The new version includes enhancements in data structure and architecture improvements, resulting in increased speed and accuracy to deliver real-time analytics. Version 2.0 offers significant gains in speed and accuracy compared to Version 1.0. The new version was benchmarked against Version 1.0 on 33 datasets, and the benchmark resulted in a one to five percent increase in the KXEN information indicator (KI), and between a three and 10 percent increase in speed. KI measures the amount of information or predictive power, which can be extracted from a given dataset and it ranges from zero to 100 percent. "The enhancements to our suite take us to the next level -- providing our customers with real-time analytics," said J.D. de Haseth, president of KXEN. "The addition of the automatic categorization functionality takes the guesswork and manual labor out of banding numeric variables, while providing increased accuracy and ease of interpretation of results. This is significant for business users who may not have the statistical expertise and time to create these categories or bands on their own. Due to the market demand for powerful analytical tools, the modifications to the internal architecture enable us to meet our partners' requirements to more quickly deliver seamless products to the market." KXEN's full suite of patented analytical software is easy to integrate into applications and specific industry solutions, including customer relationship management, sales automation, supply chain management, network management, financial services, manufacturing, and biotechnology. The KXEN suite automates the data preparation, coding, and modeling process and enables users to build predictive and descriptive models in near real-time for better business decisions. The models can also be deployed in real-time using KXEN's runtime server. The suite currently includes three core products: * K2R (KXEN Robust Regression) -- is a high-speed data mining solution for prediction and classification. KXEN's patented technology uses specific regression algorithms that build predictive models quickly and easily * K2C (KXEN Consistent Coder) -- automates tedious and time-consuming data preparation and pre-processing * KCG (KXEN C Code Generator) -- generates a model built by the KXEN suite into C code The data preparation architecture was completely redesigned to go from a mono-target system to a multiple target system. This will allow users to solve business problems that cannot be formulated by binary or continuous models. For example, KXEN components in the future will be able to optimize multiple offers in a campaign, or multiple products with different price points. For additional information, pricing and availability, see www.kxen.com |
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