BLOOMINGTON, Ind.–(BUSINESS WIRE)–April 15, 1998–Megaputer Intelligence unveils its new complete data mining solution, PolyAnalyst Lite for Windows 95. PolyAnalyst is a multi-strategy data mining solution based on the latest achievements in automated knowledge discovery in databases. It is used in marketing, banking, finance, insurance, retailing, and pharmaceuticals. PolyAnalyst Lite appeals to users wishing to surpass limitations of traditional data analysis offered by various statistical packages, but are not ready to spend thousands of dollars on top-end data mining systems. It has the same GUI and majority of exploration engines as a more powerful PolyAnalyst NT but is significantly cheaper, targeting the broader small business and academic community.
PolyAnalyst Lite features:
- Convenient object-oriented environment for data analysis with point-and-click GUI
- Versatile data manipulation and visualization tools, self-learning exploration engines
- Unique algorithms for testing significance of the discovered model
- Cluster engine finds and separates compactly lying groups of records
- Find Dependencies engine determines multi-dimensional set of the most influential independent variables and sifts out exceptions from the found dependence
- Linear Regression with automated selection of important independent variables works with categorical or binary, in addition to numerical variables
- Classify engine finds predictive rule and assigns records to different classes
- Discriminate engine determines what combination of features sets a specified dataset apart from the rest of data
- Convenient reporting: mixture of text, graphics and system reports assembled in a hard copy printout
- Direct data exchange with MS Excel accommodates the lower end users
- Communication with ODBC-compliant databases
In a larger corporate environment PolyAnalyst Lite can become an inexpensive mobile data analysis unit. It reads and generates the same project format files as mighty PolyAnalyst NT. The user can copy the results of analysis performed by PolyAnalyst NT in the main office and take the project file home for further evaluation, visualization, and executive report generation utilizing PolyAnalyst Lite.
“PolyAnalyst is a state-of-the-art system in the reliability, accuracy, and diversity of automatically built models. PolyAnalyst is capable of building reliable trading strategies even for a difficult to predict FOREX market,” says Alexander Fomenko, Analytical Department Director of Killiney Investments, LLC.
CONTACT: Megaputer Intelligence