Dell announced a series of new big data and analytics solutions and services designed to help companies quickly and securely turn data into insights for better, faster decision-making.
These include a new release of Dell’s advanced analytics software platform and new Analytics-as-a-Service offerings for multiple industry verticals such as banking, healthcare and insurance.
Together, these new offerings and capabilities enable companies to embed analytics across their core processes and disseminate analytics expertise across the organization to drive better business outcomes.
The launch of Statistica 13, the latest release of the company’s popular advanced analytics software platform, helps simplify and improve the process by which organizations deploy predictive models directly to data sources inside the firewall, in the cloud, and in partner ecosystems.
An easy-to-use solution that requires no coding and integrates seamlessly with open source R, Dell Statistica delivers a full range of data blending, data discovery, and advanced and predictive analytics tools that help organizations tap into all data to predict future trends, identify new customers and sales opportunities, explore "what-if" scenarios, and reduce the occurrence of fraud and other business risks. Enhancements and new capabilities in Statistica 13 include:
A completely revamped and modernized GUI for greater ease-of-use and visual appeal.
Deeper integration with the recently added Statistica Interactive Visualization and Dashboard engine for more effective communication to data consumers.
Tighter integration with open source R for easier sharing and control of R scripts.
A new stepwise model tool that progressively recommends optimum models for users.
New Native Distributed Analytics (NDA) capabilities that allow users to run analytics directly in the database where data lives and work more efficiently with large and growing data sets.
Dell Services is expanding its Analytics-as-a-Service offerings with industry-specific services that help customers unearth insights, predict business outcomes, and improve the accuracy and efficiency of critical business processes.
For example, new BPO services help embed analytics across an organization’s core processes and disseminate analytics expertise to give scalability to data-based decision making. The new services include:
Fraud, Waste and Abuse Management: Helps organizations identify cases of medical identity theft, unnecessary diagnostic services or medically unnecessary services and incorrect billing.
Denial Likelihood Scoring and Predictive Analytics: Helps organizations proactively identify which claims are most likely to be denied, and provide at-a-glance activity data on each account, detailed monitoring and follow-up, in the process helping eliminate up to 40 percent of low- or no-value follow-up work.
Churn Management/Customer Retention Services: Helps organizations leverage predictive churn modelling – the processing and correlation of new social data sources with traditional data sources – to identify customers they are at risk of losing, and proactively take preventative measures.
In addition, emphasizing Dell’s continued focus on enabling Analytics-as-a-Service solutions, the Dell Services team has introduced Dell Service Desk Analytics and Dell ModelHealth (DMH) Tracker.
Dell Service Desk Analytics transforms IT service desk management by enabling predictive error management and automation. It creates early warning alerts and text analytics to improve the end-user experience and reduce business disruption.
Dell ModelHealth Tracker helps customers track and monitor the effectiveness of their various scorecard or predictive analytics models. Particularly in industries with compliance requirements, including banking and insurance, companies use scorecards or other predictive models to predict critical outcomes, such as a customer’s creditworthiness or the likelihood of an insurance claim being fraudulent.
DMH plugs into multiple data sources to track, archive and manage these models, and more importantly, monitor them for effectiveness and compliance.
These new offerings join the more than 50 solutions from Dell Services in the area of advanced analytics, including healthcare analytics offerings focused on critical issues like population health, patient readmission, and health risk stratification; financial analytics offerings focused on online transactions and fraud detection; and insurance-focused offerings centered on reducing customer churn via analytics embedded within Lifesys, Dell’s platform for insurance claims processing.