360 Score: 2.93
(5 Reviews)
For Vendors

FICO Decision Management Suite Reviews & Product Details

  • California, USA
  • 1956
  • $500MN to $1BN
Sectors
BFSI, Manufacturing, Retail, Healthcare and Life Sciences, Transportation and Logistics, Government and Defense, Energy and Utilities, IT and Telecom
Regions
Europe, Asia-Pacific, North America
Company Overview
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.
USP

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. The company's USP is the ability to provide models based on precise customer requirement to reduce time and cost.

FICO Decision Management Suite Popular Comparisons
Evaluated against 206 key buying criteria
Strengths
  • Product Maturity / Breadth and Depth of Product Offering / D...
    Supports All Forms Of Analytic Activity
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  • Product Maturity / Data Management / Data Preparation (Data ...
    Easy Integration
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  • Product Maturity / Breadth and Depth of Product Offering / D...
    Exploration Of Data
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  • Product Maturity / Data Management / Interactive Visualisati...
    Handle Data In Real-Time
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  • Product Maturity / Core Features / Statistical Modelling
    Predictive Models
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  • Machine Learning / AI
  • Data Scientists
  • Data Preparation (Data Management)
  • Interactive Visualisation
  • Statistical Modelling
  • Customer Data
  • Marketing Data
  • Real Time Dashboarding
  • Report Automation
  • Report Generation
  • Static Visualisation
  • Transaction Data
  • Custom Scripting Language
  • Advanced Condition Prediction
  • Analytics Workflow
Weaknesses
  • No Weaknesses

Reviews

General Manager,Company Name Classified
General Manager, Company Name Classified
(*)(*)(*)(*)(*)5

“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.
Business Analyst,Company Name Classified
Business Analyst, Company Name Classified
(*)(*)(*)(*)( )4

“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.
Other,Company Name Classified
Other, Company Name Classified
(*)(*)(*)( )( )3

“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.
Other,Company Name Classified
Other, Company Name Classified
(*)(*)(*)(*)( )4

“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.
Business Analyst,Company Name Classified
Business Analyst, Company Name Classified
(*)(*)(*)(*)(*)5

“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.
#1 Product Features and Functionality / Core Features
#2 Product Features and Functionality / Enterprise Features
#3 Data Management / Interactive Visualisation
#4 Data Management / Data Preparation (Data Management)
#5 Core Features / Statistical Modelling
#1 Data Visualisation
#2 Data Preparation
#3 Business Intelligence
#4 Customer Data Platform
#5 Risk Management

FICO Decision Management Suite QUADRANTS

FICO Decision Management Suite has chosen it’s strengths in these 3 territories
  • Niche Quadrant

    All-Asia-Pacific

  • Niche Quadrant

    All-North America

  • Niche Quadrant

    All-Europe