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SPSS 16 released: adds predictive analytics

updated 06:40 pm EDT, Mon September 17, 2007

SPSS 16 released


SPSS Inc has released SPSS 16.0, a revised version of its statistical software suite of products. This release is integrated with SPSS' Predictive Enterprise Services (PES) analytics platform to direct and automate decisions. PES allows companies to analyze customers' attitudinal and behavioral data. This allows detecting fraud, potentially increasing revenues through cross-selling and up-selling, and improving overall business process efficiencies and outcomes. Also new in version 16 is a revised user interface written completely in Java, significantly expanded analytical capabilities, enhanced data management, improved programmability and greater performance and scalability in enterprise applications.

Enhancements in the SPSS Adapter for Predictive Enterprise Services make it possible to store and manage a variety of analytic assets, including predictive models and data transformations -- whether created with version 16.0 or other popular SPSS products. Among the UI improvements are the ability to instantly resize a dialog to see a more complete description of variables, as well as quickly select and drag the variables wanted for analysis.

There is also a new optional module, SPSS Neural Networks, which provides a complementary approach to the statistical techniques available in SPSS 16.0. Among the applications of this module are the ability to forecast consumer demand for a particular set of products, calculate the likely rate of response to a marketing campaign, determine an applicant's credit worthiness or detect potentially fraudulent transactions.

This release also has the ability to process Unicode data, as well as treat text according to Unicode properties for such tasks as sorting and case conversion. In addition, version 16.0 addresses data management concerns, offering more flexibility in how data are prepared and managed.




by MacNN Staff

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Comments

  1. that one guy

    Fresh-Faced Recruit

    Joined: May 2005

    0

    About friggin time

    There has not been a version of SPSS for the Mac since version 13. Version 13 would not run on Intel Macs due to math errors, this is a welcome upgrade. I have several professors who are using Parallels just for SPSS. Nice

  1. tinkered

    Dedicated MacNNer

    Joined: Jan 2007

    0

    I second that

    I am so happy to hear this. I have been wallowing in windows for too long due to the serious lack of a decent statistics package that was reasonably priced for an individual. Now I can get my linear mixed model on...on my mac.

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