TORONTO, Sept. 27, 2012
Organizations can now empower business analysts with data mining and
predictive analytics for making informed business decisions
TORONTO , Sept. 27, 2012 /PRNewswire/ – Angoss Software Corporation (Angoss)
(TSXV: ANC) today announced the availability of KnowledgeEXCELERATOR, a
powerful visual data discovery and prediction tool for business
analysts and knowledge workers who commonly use Microsoft® Excel to
analyze and understand their business data.
Marketers, managers and business intelligence users continue to mine for
valuable insight hidden in the voluminous data within their businesses
to improve revenue performance and make actionable decisions. These
users require affordable tools that allow them to easily understand,
visualize and uncover the predictive power of their data without
relying on quantitative analysts or statisticians to perform this
What is the Predictive Power of Your Data?
KnowledgeEXCELERATOR allows business intelligence users to rapidly
import large data sets directly from Excel or any database to segment,
classify and visualize their data—and uncover the predictive power of
their data. The tool guides business users through visual data
discovery and prediction of their own data with an intuitive user
interface. Users apply the basics of data mining and predictive
analytics with step by step guided workflow without needing to create
models, understand complex algorithms or program code.
KnowledgeEXCELERATOR guides users to discover, predict and visualize their data:
- Discover to view the basic characteristics of your data, find interesting
patterns, segments, and calculate summary statistics. Visually
understand, segment and summarize your data.
- Predict to identify the main variables of interest and discover which variables
can be used to predict outcome. Decision Trees visually represent the
predictive power of your data.
- Visualize to illustrate your data discovery with interactive charts that you can
customize, edit, organize and save for use in reporting.
Comments on the News :
“KnowledgeExcelerator's intuitive interface will help propel business
analysts forward, right out of the box,” commented Emma Warrillow ,
President, Data Insight Group Inc. (DiG). “It has powerful capabilities
that allow business users who are comfortable working in Excel to
explore their data at the next level.”
“There has been a seismic shift in demand for data mining and predictive
analytics tools in the business intelligence community,” remarked
Martin Galligan , President and CEO of Angoss. “To stay competitive in
today's data driven marketplace, organizations must enable their line
of business analysts to drive greater insight with data discovery
through predictive analytics. KnowledgeEXCELERATOR empowers business
analysts to discover the predictive power of their data in real time
without seeking help from statisticians that have traditionally served
these users with advanced analytical tools. Business analysts will find
KnowledgeEXCELERATOR to be a refreshing complement to their business
intelligence workbench in terms of usability, affordability and visual
Key Features of KnowledgeEXCELERATOR
Excel plug-in allows users to quickly import large data files directly
from Excel or connect directly to any database through ODBC with one
click in stand-alone mode.
Step by step guided workflow directs business users who are not familiar
with data mining or predictive analytics through discovering the
characteristics of their data, finding patterns and identifying the
Intuitive, simple and visual user interface allows business users to
rapidly understand their data and uncover the predictive power of their
data without specialized training or relying on data scientists. No
programming skills are required.
Powerful data mining and predictive analytics engine for sophisticated
and advanced data discovery and prediction.
Decision Trees enable the simple, visual understanding of the predictive
power of your data, and the relationships among predictive variables
present in your data.
Visual data discovery is interactive and customizable with colorful
charts that you can edit, save and organize for reporting use.
Pricing and Availability
KnowledgeEXCELERATOR will retail for $1,495 with discounts available for
volume purchases. The product is available immediately from Angoss'
website and as a free 7 day trial. Users can preview KnowledgeEXCELERATOR on their own data by visiting www.whatsinyourdata.com.
About Angoss Software Corporation
Angoss is a global leader in delivering predictive analytics to
businesses looking to improve performance across sales, marketing and
risk. With a suite of desktop, client-server and big data analytics
software products and Cloud solutions, Angoss delivers powerful
approaches to turn information into actionable business decisions and
competitive advantage. Angoss software products and solutions are
user-friendly and agile, making predictive analytics accessible and
easy to use. Many of the world's leading financial services, insurance,
retail, health care and information communication and technology
organizations use Angoss predictive analytics software products and
solutions to grow revenue, increase sales productivity and improve
marketing effectiveness while reducing risk and cost. Headquartered in
Toronto, Canada , Angoss has offices in the United States and United
Kingdom . For more information, visit www.angoss.com.
This press release includes forward-looking statements within the
meaning of applicable securities laws. Forward looking statements
relate to analyses and other information that are based on forecasts of
future results and estimates of amounts not yet determinable. These
statements may involve, but are not limited to, comments relating to
preliminary results, guidance, strategies, expectations, planned
operations or future actions. Forward-looking statements are
identified by the use of terms and phrases such as “preliminary”,
“anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”,
“may”, “plan”, “predict”, “project”, “will”, “would”, and similar terms
and phrases, including references to assumptions.
Forward-looking statements, by their nature, are based on assumptions,
including those described herein and are subject to important risks and
uncertainties. Forward-looking statements cannot be relied upon due
to, amongst other things, changing external events and general
uncertainties of the business. Actual results may differ materially
from results indicated in forward-looking statements due to a number of
factors, including without limitation: the risk that the sale of our
products and services involves a long sales cycle; the risk that the
economic environment and business conditions will remain difficult to
predict; the risk of competition in our target markets; the risk that
we may not respond adequately to evolving technologies; the risk that
we or our customers may have difficulties in introducing our products
or services; the risk that we will encounter difficulties in continuing
to offer services; the risks of conducting our operations in a variety
of international locations; the risks relating to the costs that we may
incur as a result of litigation against us; the risk of future capital
needs and uncertainty of additional financing; the risk of the need for
the Company to manage its planned growth and expansion; the risk of
the effects of product development and need for continued technology
change; the risk of protection of proprietary rights; the effect of
government regulation and compliance on the Company and the industry;
network security risks; the risk of the ability of the Company to
maintain properly working systems; the risk of reliance on key
personnel; the risk of volatile securities markets impacting security
pricing unrelated to operating performance; as well as the factors
identified throughout this news release and those identified in section
entitled “Risks and Uncertainties” of the Company's MD&A filed on www.sedar.com. The forward-looking statements contained in this news release
represent the Company's expectations as of the date of this news
release (or as of the date they are otherwise stated to be made), and
are subject to change after such date. However, the Company disclaims
any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except as required under applicable securities regulations.
Note: Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE ANGOSS Software Corporation