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14th February 2012

Angoss Expands Predictive Analytics in the Cloud with KnowledgeCLOUD Solutions

angossAngoss Software Corporation has officially announced its suite of KnowledgeCLOUD solutions, a product line which delivers predictive analytics in the Cloud to help organizations in the financial services, high tech, healthcare and retail industries gain competitive advantage in the areas of sales, marketing and risk management.

“Angoss, an early pioneer in hosted predictive analytics solutions with its FundGUARD™ and ClaimGUARD™ solutions, is proud to expand its Cloud-based offerings for both structured and unstructured data,” remarked Martin Galligan, President & CEO of Angoss. “In today’s competitive environment, predictive analytics are an increasing focus for companies looking to significantly improve business performance by solving the labyrinth of data trapped in their organizations. Predictive analytics in the Cloud is particularly helpful for organizational divisions or lines of business that lack advanced analytics competency. These groups often struggle with implementing basic reporting and business intelligence tools, while advanced analytics seems out of reach. At the same time, Cloud computing is an increasingly popular choice for acquiring and deploying solutions without the need for highly specialized resources or expensive technology.”

KnowledgeCLOUD solutions are delivered via KnowledgeHUB, a secure and scalable Cloud-based analytical platform that combines best-of-breed technologies with rapid deployment processes and professional services that ensure clients can effectively convert analytical insight into action—and improved business performance. In this era of big data, KnowledgeHUB provides for rapid data integration from a multitude of customer and third party data sources including structured and unstructured data—to unleash the opportunities of text mining and social media analysis. Once consolidated, data is transformed and loaded into client-specific Analytic Data Marts. These Analytical Data Marts power the predictive analytics insights and actions at the heart of each KnowledgeCLOUD solution.

“KnowledgeCLOUD solutions sit squarely at the convergence of these trends to combine predictive analytics with Cloud computing to accelerate time-to-value,” said Bill Sheldon, Chief Solutions Officer. “KnowledgeCLOUD solutions allow organizations to gain competitive advantage through advanced analytics while KnowledgeHUB allows them to do it faster, cheaper and better.”

Angoss’ patented predictive analytics technology, KnowledgeSTUDIO™, provides the analytic engine at the center of the KnowledgeHUB platform. Data profiling, segmentation and model evaluation is performed using best-in-class decision trees. Strategy development and optimization is greatly enhanced through the use of StrategyBUILDER™. Analytical insights and actions are sent to the front-lines for execution. Results from that execution are fed back into the KnowledgeHUB ensuring continuous program improvement. Detailed management reporting ensures full program transparency and Return-on-Investment accountability.

This entry was posted on Tuesday, February 14th, 2012 at 8:29 am and is filed under Digital Products, National News, New Releases, Software. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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