Predictive modeling uses known results to create, process, and validate a model that can be used to forecast future outcomes.

Companies looking to get more out of the data in their operational CRM applications will soon get help from SPSS Inc. and SAP AG.

Data mining stalwarts SPSS Inc. and SAS Institute Inc. are each planning to add more predictive capabilities to their respective Web analytics software offerings.

Related articles: SPSS Highlights Customers' Future Needs Understand, predict, act -- predictive analytics helps companies realize how to see customers' value both now and in the long term. SPSS ...

At its Information On Demand conference in Rome, IBM unveiled new software to place the power of predictive analytics into the hands of business users for faster, more insightful decision making.

SPSS, a worldwide provider of predictive analytics software, announced today its SPSS for Banking – Credit Risk Model Validation 1.0 has become an SAP-endorsed business solution.

The capability is part of a new release of IBM’s SPSS Modeler text mining and analytics software, which also allows customers to parse information from social media sites and feeds.

New American Academy of Actuaries Issue Brief Provides Actuarial, Regulatory Considerations on Use of Data, Predictive Modeling, Risk Classification in Insurance Practices ...