"Businesses no longer have any excuses for basing important operational decisions on anything but data," said Stuart Wells, chief technology officer at FICO. "By democratizing access to Big Data analytics, we're making it possible for anyone in any size organization to consume, contribute to and collaborate on analytic innovations, large and small, for the benefit of their own organizations and of the broader business community."
"Not too long ago, deploying advanced analytics required massive investments in IT infrastructure and software, creating a barrier to broader adoption" said Brian McDonough, research manager, Analytics & Data Warehousing Software at IDC. "The advent of new mobile devices, wireless networks, Big Data analytics and social networking has combined to create what IDC calls the Third Platform for long-term growth, driving the demand for powerful analytic services in the cloud."
The FICO Analytic Cloud also offers a marketplace for analytically powered software components, solutions, applications and services, along with a community of analytic talent willing to collaborate and share knowledge and best practices.
The FICO® Analytic Cloud is built on open-source technologies, and leverages the latest industry standards, including Apache Hadoop, an open-source software framework; PMML, an XML-based language for predictive modeling; R, an open source analytic programming language and environment; Apache Lucene, a search engine library; and Apache Tika, a content analysis toolkit. The FICO Analytic Cloud is designed to support data transportability and open modeling best practices. For more information about the FICO Analytic Cloud and the free trials, visit http://www.ficoanalyticcloud.com.
FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. The company's groundbreaking use of Big Data and mathematical algorithms to predict consumer behavior has transformed entire industries. FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. Many of our products reach industry-wide adoption. These include the FICO® Score, the standard measure of consumer credit risk in the United States. FICO solutions leverage open-source standards and cloud computing to maximize flexibility, speed deployment and reduce costs. The company also helps millions of people manage their personal credit health. FICO: Make every decision count™. Learn more at www.fico.com.
FICO and "Make every decision count" are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.
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