FICO Decision Management Suite Reviews & Product Details

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FICO Decision Management Suite
California, USA
1956
$500MN to $1BN
Enterprise
92 Likes
66 Buyers Negotiating

Summary

The predictive analytics product by FICO is a Decision Management Suite. The entire suite encompasses a large set of products which include tools to access data, explore data, machine learning, and text analytics for model building. It also includes analytics cloud by FICO, facilitating the deployment of the suite; additionally, it also comprises other modeling and monitoring tools, managing the entire lifecycle of the decision-making process which allows organizations to execute judgments with greater efficiency and accuracy.

FICO Decision Management Suite is an integrated environment for development that is compatible with web as well as mobile applications. It is a platform that handles real-time streaming of data including its visualization, indexing, search, and pre-processing, based on rules that are defined in advance.

Features:

  • Statistical Modeling: It provides ML, statistical, and text analytics optimization. It also allows the use of interfaces for other analytical tools.
  • Data Preparation: It uses streaming data to enable real-time decision-making for users.
  • Analytics Workflow: It is easy to use, regardless of the level of technical expertise of the user.

Discussions

Discussions (1)
Buyer
Fadi Salsa's requirement
17/07/2021
"FICO decision management suite pricing scheme"
Like
Comment
Strengths
  • +5
    Supports All Forms Of Analytic Activity
  • +14
    Easy Integration
  • +13
    Exploration Of Data
  • +12
    Handle Data In Real-Time
  • +11
    Predictive Models
  • +7
    Machine Learning / AI
  • +14
    Data Scientists
  • +8
    Data Preparation (Data Management)
  • +11
    Interactive Visualisation
  • +6
    Statistical Modelling
  • +5
    Customer Data
  • +7
    Marketing Data
  • +12
    Real Time Dashboarding
  • +14
    Report Automation
  • +13
    Report Generation
  • +10
    Static Visualisation
  • +6
    Transaction Data
  • +6
    Custom Scripting Language
  • +14
    Advanced Condition Prediction
  • +9
    Analytics Workflow
Cautions
  • -9
    Not easy implementation
  • -8
    Support
  • -12
    Demographic
  • -13
    Firmographic
  • -11
    Geo Spatial
  • -14
    Location [Pincodes]
  • -14
    Support for Custom Data Connectors
  • -11
    Apache Spark
  • -8
    Auto-scaling
  • -13
    Event Detection
  • -13
    Hive
  • -12
    Kafka
  • -6
    Licensing - Data Volume
  • -11
    Licensing - Hybrid
  • -7
    Licensing - No of Records
  • -9
    Licensing - Per data connection
  • -8
    Licensing - Per Processor
  • -5
    Licensing - Per seat
  • -10
    Licensing - Per use / Per query
  • -11
    Natural Language Processing (NLP)

FICO Decision Management Suite Reviews

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Buyer, North America Company

5
Apr 16, 2023
FICOs Predictive Analytics offerings are quite impressive. I have been using it for a few months now, and I have to say the products vision is quite attractive. It is focused on developing analytics that would be able to effectively build personalized product experiences. Additionally, its features allow creating user personas tailored to each customers specific requirements. However, the cost of ownership was quite high. On the whole, a worthwhile investment.
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Buyer, UK Mid Market Company

5
Mar 26, 2023
FICOs Predictive Analytic offerings have been an ok experience for me. I found the product vision quite attractive and focused on delivering analytics that would be able to effectively build personalized product experiences. The features of the product were also quite comprehensive and supported creating user personas tailored to each customers requirements. However, the cost of ownership was quite high and the interoperability and integration with other products to be quite challenging. Overall, a decent product.
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Buyer, Europe SME Company

5
Feb 26, 2023
I was quite pleased with the overall innovation brought in by FICOs Predictive Analytic offerings. Its use of next generation technology and supporting of futuristic use cases particularly caught my attention. Whats more, the product was quite easy to use and came with good customer service. It was overall a good investment and I would highly recommend it to any other potential buyers.
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Buyer, Europe Mid Market Company

5
Feb 02, 2023
I recently got to experience FICOs Predictive Analytic offerings. I found its product vision admirable, as it was highly focused on driving analytics that would be able to effectively build personalized product experiences. The features of the product were quite comprehensive and supported creating user personas tailored to each customers requirements. Interoperability and integration with other products was also fairly easy and intuitive. The cost of ownership was quite reasonable yet it ensured customers got the best value for their money. The companys stability and maturity was quite impressive.
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Buyer, Mid Market Company

5
Jan 07, 2023
I recently got to work with FICOs Predictive Analytic offerings. Although the product vision and features were solid, the cost of ownership was quite high. Additionally, I found the interoperability and integration with other products to be quite quite challenging. The companys stability and maturity was also something that needed to be improved. Despite these flaws, overall I found the product quite innovative and delivering value for the money.
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Buyer, North America SME Company

5
Dec 17, 2022
I recently got the chance to work with FICOs Predictive Analytic offerings. I found the product vision and features to be quite comprehensive and well-suited to creating user personas tailored to customers specific needs. However, I found its interoperability with other products to be quite challenging. Additionally, the cost of ownership which I found to be quite high.
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Buyer, UK Company

5
Dec 07, 2022
I recently purchased FICOs Predictive Analytic offerings. I found its product vision to be quite commendable and focused on delivering personalized product experiences tailored to its customers specific needs. The features of the product were also quite comprehensive enough to support the creation of customers personas. Whats more, its integration with other products was quite easy and intuitive. Although the cost of ownership was quite high, I found the overall value for money to be quite good. 1
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Buyer, Enterprise Company

5
Dec 01, 2022
FICOs Predictive Analytic offerings have been a great benefit for me. The product vision was highly focused on driving analytics that would be able to effectively build personalized product experiences. The features of the product were comprehensive and supported creating user personas tailored to each customers requirements. Its integration with other products was quite easy and intuitive. For its cost of ownership, it was quite a reasonable yet ensured customers got the best value for their money.
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Buyer, SME Company

5
Nov 26, 2022
I recently got to experience FICOs Predictive Analytic offerings. I must say the company truly lives up to its and reputation. In terms of product vision, it was highly focused on offering personalized product experience. As far as features go, it was broad and helped in creating user personas tailored to customers needs.The companys stability and maturity was also noteworthy. Whats more, the cost of ownership was quite reasonable and ensured customers got the best value for their money. All in all, a highly recommendable product.
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Buyer, North America Mid Market Company

5
Nov 20, 2022
FICOs Predictive Analytic offerings have been quite good. The product vision and features were quite solid. The integration with other products was quite easy and intuitive. Moreover, the cost of ownership was quite reasonable yet it ensured customers got the best value for their money. Whats more, I found the overall innovation of the product quite attractive. All in all, they offer a good product that delivers great value to its customers.
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Buyer, Software, SME

5
Apr 03, 2019

“One of the best software in the market”

The best thing I like about this program is that it is so natural to utilize and is highly valuable. It takes a lot of information and can figure future results with these determined dangers, in this way making potential future achievement.
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Buyer, Media & Entertainment, SME

4
Mar 06, 2019

“Easy to interpret data”

The best thing about this application is that it is so natural to work with. You simply include the information; somewhat enchantment occurs and bam! you have precisely what you were searching for.
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James Smith

3
Feb 20, 2019

“Capable to handle complex analytical problems”

Chief data scientists in a large organization can be considered to be one of the major end users of the solution offered by FICO. Descriptive models, accuracy, and decision management are 3 main aspects that these scientists look forward to. The Decision Management Suite offered by FICO includes end-to-end-capabilities that are required in complex decisions to create, deploy, and monitor models for use. However, number of algorithms it supports needs to be increased by FICO. The software provided by the company is also strong and easy to use across platforms. It has a large customer base across various end-use industries. It provides a platform that helps turn data into operationalized decisions and thereby improve business performance. It also enables users discover new data and explore these data.
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James Smith

4
Feb 19, 2019

“Easy to use!!!”

FICO predictive analytics is easy to use, helps me make much better decisions, for instance, finish complex installation in addition to separating distortion, setup and structural errors.
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Buyer, Media & Entertainment, SME

5
Feb 12, 2019

“Good Software if You Need Precise Results”

FICO’s decision management suite is simple and easy to use and allows users to see different approaches. It also offers a free trial period which can help you determine the usefulness of the software for your organization’s purposes. Like other user, tried checking my credit rating with the software and was surprised with the results. I can honestly say that there is nothing negative about this that strikes me at the moment. The software was of great help to me in all the instances I used it and is highly recommended due to the increasing cyber hacking going on. 

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FICO Decision Management Suite Presence in Predictive Analytics Software
FICO delivers software,analytics, and data management solutions and services which help enterprises in automating business decisions. The company has been granted over 130 patents for its analytics and decision management suit. It operates through 3 segments: applications, scores, and decision management software suites and is serving over 10,000 clients in more than 100 countries. FICO products offer a broad range of credit scoring, analytical solution products and services to banking and finance industry, credit reporting and processing agencies, insurance companies, retailers, healthcare providers, and public sector agencies. Considering the explosion of data, FICO is facilitating businesses in making better strategic business decisions. FICO, with an aim to assist their business clients, responded to dynamic business needs and transformation, leading to the introduction of new capabilities providing predictive and BI tools. The contribution of FICO has enabled enterprises to make decisions proactively. Furthermore, the company has been expanding into new locations to tap untapped opportunities. For instance, in October 2016, the company established a sales operation office in Bozeman, Montana. FICO has also undergone recent acquisitions to build strong analytics expertise in the industry, indicating its focus on organic growth.
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