Software

Compumine Rule Discovery System (RDS) can now be downloaded freely from www.compumine.com. RDS is one of the most complete and easy-to-use data mining software for automatic discovery of prediction rules available.

Compumine has introduced a new and unique value-based business model, P3 licensing, for its software Rule Discovery System (RDS). P3 translates to pay-per-prediction, and means that anyone can download RDS free of charge for developing and validating predictive decision support models.

It is not until a user has made sure that a decision model will provide benefit to the business that a modest fee for RDS usage will be charged. This is when a model is used for making predictions.

"For our users this means that the cost of software for predictive analytics will be directly related to the actual benefit", says Per Liden, CEO of Compumine. "It also means that from now on, all companies, from the one-person consultancy shop to the largest multinational corporations free of charge can have access to a highly efficient data mining tool in order to start generating data mining results."

The P3 license is not time limited.

Read more at www.compumine.com