Allows users to perform predictive, in-database analytics and data mining tasks
mLogica and Fuzzy Logix have launched Fuzzy Logix’s advanced analytics libraries, as part of mLogica’s core Business Intelligence Appliance, powered by the Sybase Analytics Engine. The appliance is available in various configurations, including an on demand delivery model as a public or private Cloud.
Mlogica said that the Predictive Analytic Appliances allows end-users to make decisions in a timely manner, with enhanced user experience based on BIRT. The Analytic Appliance on demand model offers a delivery of services at lower costs, better performance and agility, turning complex business processes into simple services. This Software as a Service model allows customers to utilise the platform in a public or private cloud.
Partha Sen, CEO of Fuzzy Logix, said: The Predictive Analytic Appliance offers analysts an option to perform predictive, in-database analytics and complex data mining tasks such as determining optimal pricing, segmenting customers based on their behavior, lowering customer churn, optimising marketing performance, identifying fraud and forecasting sales and inventory movement entirely within the Appliance.”
According to Fuzzy Logix, the in-database functions allow companies to process large volumes of data, without sacrificing throughput and accuracy. Fuzzy Logix’s libraries include mathematical and statistical functions, univariate and multivariate distributions, and data mining and pattern recognition, including principal component analysis, linear, non-linear and advanced regression, clustering, forecasting, and behavioral segmentation.
Reportedly, with the incorporation of Actuate’s BIRT offering into their Analytic Appliance, mLogica is able to provide scalable, analytic offering to commercial enterprises and public sector organisations and mid-market businesses in a cost-effective manner.
Amit Okhandiar, president and CEO of mLogica, said: Fuzzy Logix’s quantitative analytic features provide strategic advantages to our clients who can now perform advanced in-database and predictive analytics in the Analytic Appliance.
Actuate’s formidable experience in delivering rich, dynamic Business Intelligence and reporting applications, in this case BIRT-based applications, can be adopted by many in our joint customer base, and we look forward to helping our customers achieve greater value.