Software

January 7, 2002 - NAG Data Mining Components --- New Components to Speed Development of Business Analytics Software

(Downers Grove, IL) Software firms seeking to rapidly incorporate advanced data mining features into software products for business analytics or scientific knowledge discovery can now do so by using NAG Data Mining Components as building blocks for their applications. The rigorously tested NAG Data Mining Components from the Numerical Algorithms Group are expected to significantly reduce product development schedules for product managers and developers.

The easy-to-integrate NAG Data Mining Components are statistical and artificial intelligence software components specifically developed for the rigors of mining massive datasets. Robust, reliable and accurate algorithms are included in the Data Mining Components for each stage of the modeling process -data preparation (case wise deletion and dummy variables generation), data transformation (principle component analysis and data scaling), and model building (decision tree analysis; K-means and hierarchical clustering; multi-layer perceptron neural networks; logistic regression; general multiple regression). Application developers can use these components in their own application designs using standard development tools.

The NAG Data Mining Components are geared to help developers select the most appropriate modeling methods quickly and easily. Some of the algorithms can be called in a "novice" mode to get results faster or in "expert" mode to provide precise control of the algorithm. Less experienced users can also get the benefit of detailed advice via hyperlinked documentation guiding them to data mining solutions most applicable to their data.

Unlike many other commercially available data mining tools, the NAG Data Mining Components are designed to be incorporated into the user's application rather than requiring the user to learn a new interface to gain access to additional techniques. Closely integrating NAG Data Mining Components allows application developers to get exactly what the users need rather than accept the available results provided by other commercially available data mining tools.

Written in C for Windows, Linux or Solaris platforms, NAG Data Mining Components can extract data from flat files or OBDC compliant databases.

For more information, see www.nag.com