WHITEPAPER
How to Optimize Your Data Mining Environment
Data mining is the process of applying business intelligence software tools to business data in order to create predictive models. Organizations are able to better understand and continuously optimize key business drivers to improve performance through this process of relationship identification and pattern detection. At the same time, the insights gleaned through data mining and predictive modeling is critical to the development of effective strategies that increase revenue and profitability, and reduce risk.
To meet these requirements, Angoss provides organizations with a set of data mining and predictive analytics software tools that are easy to use, robust in functionality and seamlessly integrate with your existing processes, technology platforms and enterprise business analytics and decision management systems.
Angoss provides leading, global organizations with a compelling, significant return on their technology investment through a lower total cost of ownership—considering initial investments, ongoing
maintenance and support, and for additional users and capabilities.
Angoss is the data mining solution of choice for companies that are either building a business analytics foundation or extending and improving the business intelligence tools they already have in place— without incurring additional, high costs for capability upgrades, implementation and ongoing support. For organizations that have been using Base SAS® or SAS/STAT® software for data mining, and are now looking to optimize these capabilities, this white paper examines the benefits of adding and integrating Angoss data mining software into a SAS environment while avoiding the complexity and high costs associated with licensing or upgrading to SAS® Enterprise Miner™.
Simply Better Business Intelligence
With all the core and more advanced functionality required for risk, marketing and sales analytics, the Angoss software suite sets itself apart from SAS Enterprise Miner through exceptional ease-of-use and workflow efficiency—for quantitative analysts and business users alike. Angoss software requires a much shorter learning curve and less training.
For organizations with an existing investment in SAS, Angoss’ advanced functionality can be easily
integrated with BASE SAS Software and SAS/STAT for increased data mining workflow efficiency
Enhance Your Strategic Agility
Compared to SAS Enterprise Miner, Angoss data mining software delivers extremely fast, powerful and flexible strategy building and deployment, and reporting capabilities.
With Angoss, all strategy development steps are integrated into a single application, resulting in significant time savings compared to SAS Enterprise Miner which demands that users complete a series of loops using SAS and Microsoft Excel reports to assess the impact of segmentation on key metrics.
Angoss gives users the ability to automatically assign treatments and generate treatment-based execution code to streamline the process and eliminate potential errors that occur when coding treatments are done manually.
To thoroughly analyze the financial impact of new strategies, StrategyBUILDER gives users the ability to:
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Address multiple objectives by segmenting a portfolio using multiple dependent variables.ď‚§
Evaluate the impact on key financial metrics during the segmentation process using node calculations.ď‚§
Fully monitor the strategy impact on portfolio financial metrics at different time lags.ď‚§
To quickly address key stakeholder requirements, KnowledgeSTUDIO’s reporting functionality gives users the ability to:
Show and color-code treatment information on trees.ď‚§
Automatically generate treatment reports that summarize key financial metrics at the treatment level.ď‚§
Automatically generate segment reports that summarize key financial metrics at the segment level.Improve Your Business Intelligence
The Angoss software suite is flexible, agile and visual— making predictive analytics accessible and easy to use for technical and business users. In particular, the decision tree and strategy tree capabilities deliver multiple advantages:
Angoss Decision Tree Advantages Angoss Strategy Tree Advantages
Point-and-click predictive and clustering models with wizard-based GUI (no code writing)
Decision tree usability for strategy trees
Enhanced visualization for quick communication of results. Easy export to Microsoft Office applications or to PDF
Calculation of key metrics at segment level and dynamic assessment of financial impact of segmentation
Interactive tree growth integrates business knowledge and policy during portfolio segmentation
Quick and accurate treatment assignments, both manual and automatic, based on rules and policy
Automatic generation of tree rules in SAS, SQL, SPSS, PMML and structured English code
Easy strategy deployment through built-in list generation command or automatic, error free code generation
Manual and automatic growing modes Multiple target variables address multiple objectives during portfolio segmentation for richer segmentation. Distribution of both targets displayed in tree nodes Multi-tree and node level views Strategy monitoring using automatic validation of
Angoss Data Mining and Predictive Analytics Software
Offered in desktop, client-server and in-database software configurations, KnowledgeSEEKER,
KnowledgeSTUDIO, ScorecardBUILDER provide world-class capabilities for operational and credit risk, and sales and marketing analytics that include:
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Data profilingď‚§
Decision treesď‚§
Strategy treesď‚§
Linear and logistic regressionď‚§
Multi-level neural networksď‚§
Cluster analysisď‚§
Standard scorecard generationď‚§
Principal component analysisď‚§
Model performance analysisď‚§
Code generation for model deploymentKnowledgeSEEKER
Widely used for risk, marketing and sales analytics, KnowledgeSEEKER is a powerful data mining solution offering data profiling, advanced data visualization, decision tree, strategy development and model performance evaluation capabilities. In-database analytics allow calculations to be performed in the data warehouse which significantly optimizes efficiency and performance.
KnowledgeSTUDIO
KnowledgeSTUDIO is an advanced data mining and predictive analytics software suite for all phases of model development and deployment such as profiling, exploration, modeling, scoring, validation,
monitoring and scorecarding. It provides a high-performance visual environment for business users and data analysts alike in a powerful and scalable data mining solution.
ScorecardBUILDER
Angoss ScorecardBUILDER is a robust, end-to-end, scorecard building product which enables credit risk analysts to build and deploy precise, industry-compliant scorecards faster by automating time-consuming, manual steps. ScorecardBUILDER provides analysts with the ability to create high quality credit scorecards as a seamless step in their analytics workflows.
StrategyBUILDER
About Angoss Software
As a global leader in predictive analytics, Angoss helps businesses increase sales and profitability, and reduce risk. Angoss helps businesses discover valuable insight and intelligence from their data while providing clear and detailed recommendations on the best and most profitable opportunities to pursue to improve risk, marketing and sales performance.
Our suite of desktop, client-server and in-database software products and