Friday, December 4, 2009
Everyone has data in Microsoft Office Excel and knows how to use it. So far so good, but how to score this data using predictive analytics? The answer is the new Excel Add-in developed by Zementis.
With the ADAPA Add-in for Microsoft Office Excel, you access the power of predictive analytics directly from your desktop. Predictions are now literally... at your fingertips.
The add-in is available now, for free, and comes with a demo ADAPA instance (running on the Amazon Cloud) with sample models and data sets. ADAPA is a standards-based decision engine that executes predictive models expressed in PMML on-demand. The ADAPA Add-in allows users to score data and execute models from inside Microsoft Office Excel 2007.
This is remarkable, since it frees users from having to deal with all the technology required for deploying and executing predictive models. With the Excel add-in, all one has to do is to select the data for scoring (or the columns containing the relevant data) and press the "Score" button in Microsoft Office Excel...et voila'...scores are generated automatically for every single data row. It does not get easier than this.
When talking about predictive analytics and data scoring, the first thoughts that come to mind are complexity and cost. The traditional way of deploying and executing predictive analytics usually involves the purchase of expensive software and hardware as well as a lengthy process of rewriting data transformations and the model itself in an environment other than the one used to develop the model.
For more information, visit