Predictive Analytics Solution for Business

Raise Forecast Accuracy with Powerful Predictive Analytics Software

Predictive analytics, Methods and Techniques

Predictive analysis is irreplaceable; among hundreds of its applications are risk management, cross-sells, customer satisfaction analysis, financial and insurance analysis. Predictive analytics software is also common in pharmaceutical industry, sports, travel, telecommunications and other fields.

Predictive analysis aims to build a predictive model based on the historical data, in other words, to forecast future behavior of objects basing on how they behaved in the past. The term “predictive analysis” merges multiple disciplines and techniques, namely time series analysis, model building, forecasting, data mining and others.

One of the most powerful predictive analytics software available on the market is GMDH Shell. The application encompasses the range of tools and capabilities required to build a quality predictive model using various approximation methods (linear, polynomial, Gaussian, neural networks and so on). Thanks to powerful math algorithms underlying the program, GMDH Shell delivers high-speed yet extremely accurate predictive analysis of the given input data.

The core of the mathematics is based on the class GMDH algorithm known since 1968. Our team has greatly improved and modified it so to make the base algorithm extremely efficient on multi-processor systems. In fact, the algorithm has so many differences from the initial concept that it can be called brand new for a good reason. In particular, the algorithm implements gradual creation of mathematical models using various approximations until a model produces a good prediction. Otherwise the model gets complicated using one of multiple available approaches and the resulting model is applied to historical data again. The process repeats until a model describing historical data best of all is found.

Not only is such approach much faster than most of typical predictive analytics algorithms, it also produces extremely precise forecasting. Plus, GMDH Shell software is very easy to use thanks to its simple and transparent interface.

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Benefits of GMDH Shell for Data Science

  • Determines model structure automatically
  • Drevents overfitting and works well with very small data sets
  • Is fast even with 1,000 input variables
  • Provides forecasting, classification, regression and clustering tools in one package

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