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So it's now "predictive analytic software"
From SPSS's promotional descriptions, 'predictive analytics' sounds like some is specialized predictive techniques; from the descriptions, I can't see what these are. Does anybody on the list do what SPSS, Inc., refers to as predictive analytic projects? What problems are encompassed under this description, and what techniques? If you do predictive analytic, what are the steps in such a project - needs? data? models? presentation? Now, I worry, and perhaps many of us worry, about this change in SPSS's self-description. For these thirty years or so, I've used SPSS, and taught it, as powerful and flexible, for data preparation and analysis for a wide range of statistical problems. That's what the membership and traffic on this list feels like. I'm sympathetic with SPSS, Inc. It's much easier to market a product if you say, 'It does this thing, and this is what that thing will do for you', than to say, 'this is a very flexible product for a whole lot of things.' Some of the analysts, and anybody consulting on statistical problems, wants the latter; but most managers don't. But, if SPSS, Inc., is emphasizing one class of its applications, its other features will eventually be neglected. That's just about a law. So, should the rest of us, most of us on the list, make definite plans to migrate from SPSS? How quickly? Would it be easier for SPSS, Inc., if we did? -With regards and concern, Richard ===================== To manage your subscription to SPSSX-L, send a message to [hidden email] (not to SPSSX-L), with no body text except the command. To leave the list, send the command SIGNOFF SPSSX-L For a list of commands to manage subscriptions, send the command INFO REFCARD |
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Predictive Analytics typically provides techniques which provide predictions
about people's behavior. The techniques are suited to massive datasets and relatively messy data (think data mining). Among them are classification trees or logistic regression used to build scoring models for things like propensity to buy, propensity to default on a loan, propensity to commit tax fraud; and association models for market basket analysis which determine offers for cross-selling, book suggestions in Amazon, Netflix recommendations, etc. An important component of any software suite in this area is a scoring engine and all the glue required to provide a real-time score. A typical fully integrated solution will cost more than a $M. Plug "predictive analytics" into a Google search. You'll get about 800,000 hits. Also look at the kdnuggets web site for more information. -----Original Message----- From: SPSSX(r) Discussion [mailto:[hidden email]] On Behalf Of Richard Ristow Sent: Tuesday, August 04, 2009 10:21 AM To: [hidden email] Subject: PASW: Where is SPSS going? So it's now "predictive analytic software" From SPSS's promotional descriptions, 'predictive analytics' sounds like some is specialized predictive techniques; from the descriptions, I can't see what these are. Does anybody on the list do what SPSS, Inc., refers to as predictive analytic projects? What problems are encompassed under this description, and what techniques? If you do predictive analytic, what are the steps in such a project - needs? data? models? presentation? Now, I worry, and perhaps many of us worry, about this change in SPSS's self-description. For these thirty years or so, I've used SPSS, and taught it, as powerful and flexible, for data preparation and analysis for a wide range of statistical problems. That's what the membership and traffic on this list feels like. I'm sympathetic with SPSS, Inc. It's much easier to market a product if you say, 'It does this thing, and this is what that thing will do for you', than to say, 'this is a very flexible product for a whole lot of things.' Some of the analysts, and anybody consulting on statistical problems, wants the latter; but most managers don't. But, if SPSS, Inc., is emphasizing one class of its applications, its other features will eventually be neglected. That's just about a law. So, should the rest of us, most of us on the list, make definite plans to migrate from SPSS? How quickly? Would it be easier for SPSS, Inc., if we did? -With regards and concern, Richard ===================== To manage your subscription to SPSSX-L, send a message to [hidden email] (not to SPSSX-L), with no body text except the command. To leave the list, send the command SIGNOFF SPSSX-L For a list of commands to manage subscriptions, send the command INFO REFCARD ===================== To manage your subscription to SPSSX-L, send a message to [hidden email] (not to SPSSX-L), with no body text except the command. To leave the list, send the command SIGNOFF SPSSX-L For a list of commands to manage subscriptions, send the command INFO REFCARD |
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In reply to this post by Richard Ristow
I am not sure that doing something specific is more marketable. Imagine MS Word being marketed as a software for preparing business letters, or philosophical essays, or whatever, and not as a general-purpose word processor. Imagine MS Excel being marketed as a tool for preparing budgets or solving linear programming problems. Or Google as a website to find suitable hotels.
SPSS is a general-purpose statistical software, and that´s what it is, no matter what fancy name they put on it. Hector ----- Mensaje original ----- De: Richard Ristow <[hidden email]> Fecha: Martes, Agosto 4, 2009 11:21 am Asunto: PASW: Where is SPSS going? > So it's now "predictive analytic software" > > From SPSS's promotional descriptions, 'predictive analytics' sounds > like some is specialized predictive techniques; from the > descriptions, I can't see what these are. > > Does anybody on the list do what SPSS, Inc., refers to as predictive > analytic projects? What problems are encompassed under this > description, and what techniques? If you do predictive analytic, what > are the steps in such a project - needs? data? models? presentation? > > Now, I worry, and perhaps many of us worry, about this change in > SPSS's self-description. For these thirty years or so, I've used > SPSS, and taught it, as powerful and flexible, for data preparation > and analysis for a wide range of statistical problems. That's what > the membership and traffic on this list feels like. > > I'm sympathetic with SPSS, Inc. It's much easier to market a product > if you say, 'It does this thing, and this is what that thing will do > for you', than to say, 'this is a very flexible product for a whole > lot of things.' Some of the analysts, and anybody consulting on > statistical problems, wants the latter; but most managers don't. > > But, if SPSS, Inc., is emphasizing one class of its applications, its > other features will eventually be neglected. That's just about a law. > > So, should the rest of us, most of us on the list, make definite > plans to migrate from SPSS? How quickly? Would it be easier for SPSS, > Inc., if we did? > > -With regards and concern, > Richard > > ===================== > To manage your subscription to SPSSX-L, send a message to > [hidden email] (not to SPSSX-L), with no body text > except the > command. To leave the list, send the command > SIGNOFF SPSSX-L > For a list of commands to manage subscriptions, send the command > INFO REFCARD > ===================== To manage your subscription to SPSSX-L, send a message to [hidden email] (not to SPSSX-L), with no body text except the command. To leave the list, send the command SIGNOFF SPSSX-L For a list of commands to manage subscriptions, send the command INFO REFCARD |
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In reply to this post by Richard Ristow
Hi Richard
The best description I've seen of what IBM is trying to achieve by buying SPSS, and how this notion that what the software about is this rather silly-sounding (well, in the context of the interests of most of the people on this list) notion of 'predictive analytics' is this article: http://www.theregister.co.uk/2009/07/28/ibm_bao_boxes/ It seems it fits into a bigger context - IBM is going after what used to be called 'the glasshouse', and SPSS fills a hole not previously covered. It's been increasingly apparent that SPSS are no longer very interested in their traditional audience of people with beards and jeans because the big dollars are with the suits running the IT departments of big companies who till now have, I think, mostly been buying SAS when they need to do all that 'number stuff'. Their purchase of Cognos got them something quite nice for creating and easily distributing reports, but there was still a hole where it came to more sophisticated analysis. The suits seem finally to be realising that making intelligent use of their company's data requires more than buying a data warehouse and creating yet another sort of report. It may well be, as you say, that with IBM in charge, the focus will move so thoroughly to this data mining direction that they really will no longer care about the more prosaic needs of the likes of this group. If their strategy works and considerably more income derives from these big IT shops, it's difficult to see how they would be able to cost-justify any developments that would improve things for the traditional SPSS audience if it did nothing for their new pals in the suits with the big cheque books. I think our best hope is that the interests of the 2 groups are too closely bound up for one to suffer. I have no idea how realistic that hope is. (Personally I'm hoping IBM will bring some better quality control to the software development process.) I guess there's always R and Stata if things get too bad. We will just have to wait and see what happens. Regards, Adrian Barnett Information Analyst Educational Measurement and Analysis Data Management DECS ph 82261080 -----Original Message----- From: SPSSX(r) Discussion [mailto:[hidden email]] On Behalf Of Richard Ristow Sent: Wednesday, 5 August 2009 1:51 AM To: [hidden email] Subject: PASW: Where is SPSS going? So it's now "predictive analytic software" From SPSS's promotional descriptions, 'predictive analytics' sounds like some is specialized predictive techniques; from the descriptions, I can't see what these are. Does anybody on the list do what SPSS, Inc., refers to as predictive analytic projects? What problems are encompassed under this description, and what techniques? If you do predictive analytic, what are the steps in such a project - needs? data? models? presentation? Now, I worry, and perhaps many of us worry, about this change in SPSS's self-description. For these thirty years or so, I've used SPSS, and taught it, as powerful and flexible, for data preparation and analysis for a wide range of statistical problems. That's what the membership and traffic on this list feels like. I'm sympathetic with SPSS, Inc. It's much easier to market a product if you say, 'It does this thing, and this is what that thing will do for you', than to say, 'this is a very flexible product for a whole lot of things.' Some of the analysts, and anybody consulting on statistical problems, wants the latter; but most managers don't. But, if SPSS, Inc., is emphasizing one class of its applications, its other features will eventually be neglected. That's just about a law. So, should the rest of us, most of us on the list, make definite plans to migrate from SPSS? How quickly? Would it be easier for SPSS, Inc., if we did? -With regards and concern, Richard ===================== To manage your subscription to SPSSX-L, send a message to [hidden email] (not to SPSSX-L), with no body text except the command. To leave the list, send the command SIGNOFF SPSSX-L For a list of commands to manage subscriptions, send the command INFO REFCARD ===================== To manage your subscription to SPSSX-L, send a message to [hidden email] (not to SPSSX-L), with no body text except the command. To leave the list, send the command SIGNOFF SPSSX-L For a list of commands to manage subscriptions, send the command INFO REFCARD |
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