In every business, there is some type of forecasting occurring. For example, Walmart recently ran demand prediction for more than 100,000 different products over 4,700 stores in the United States. Customer service centers may predict the demand of call volume every day or to optimize… Read More »Demand Forecasting in the Retail Industry
~3 minute read Statistical Pack for the Social Sciences, otherwise known as SPSS for short, has upgraded to the latest Statistics V27.0, long-awaited by data scientists. SPSS Statistics is a robust statistical analysis software platform. Keen to support a top-down hypothesis testing approach to your… Read More »SPSS Statistics Version 27.0 – What’s New?
Brief history IBM provides a data mining and analytics software application named as SPSS modeler. It was originally named Clementine by its creator Integral Solutions Private Limited. SPSS acquired this particular model. When IBM acquired SPSS in 2009, the product was renamed as IBM SPSS… Read More »SPSS Modeler
Fundraising is crucial for the higher education industry. 33.8 billion dollars was raised by higher education institutions in 2013 with a growth rate of 9 percent to the previous year. Although the gross fundraising amount is increasing, the amount of donors is decreasing. In the… Read More »Predictive Fundraising Analytics for Higher Education Institutions
Today, consumers demand more from retail banks such as customized products, convenient service, and even rewards for being loyalty. In a recent banking industry report from McKinsey Company, they pointed out that “most banks have never created a close relationship with their retail customers and understand little of their actual needs.” Although maintaining relationships with customers is critical, and many banks aspire to do so, only few can actually deliver.
Read More »Predictive Analytics for Customer-Oriented Retail Banking
In 2013, Earnix and ISO, two consulting companies, conducted a joint survey on how predictive modeling and analytics are used throughout the insurance industry. Responses were gathered from 269 individuals representing companies that sell personal and commercial insurance in the United States and Canada.
Read More »How to Use IBM SPSS for Insurance Claims Optimization
Calling all CIOs.. Team Cresco will be hosting a exciting new session on IBM SPSS especially for CIOs and all you have to do is use your laptop and get your technical resource too. We have November 17 booked only for you..
In the next five years, revenue for the used car market is expected to trend higher. Because the industry relies strongly on consumers to drive revenue growth, fluctuations in disposable income dictate the direction of the industry. In the coming years, rising disposable income levels are anticipated to increase the likelihood of an individual purchasing a big-ticket item, such as a used automobile.
Read More »Minimize Loss in Auto Auctions with IBM Predictive Analytics
[Graduation rate (within 6 years) from first institution attended for first-time, full-time bachelor’s degree-seeking students at 4-year postsecondary institutions]
Read More »Student Retention Improvement with IBM SPSS
For most companies, quick and accurate decisions are made every day to ensure organization goals are met such as increased revenue, internal cost reduction, risk management and other improved outcomes crucial to a company’s success.
Read More »Analytical Decision Management with IBM