FICO Decision Management Suite

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.

1.9
BUYERS
VENDORS
2.5
EXPERTS
2.7
ANALYSTS

FICO Decision Management Suite detailed analysis

Product Maturity
Company Maturity
Use Case Maturity
Most IMPORTANT
2.6
4.3
3.4
Product Quality and Reliability
3.15
4.90
3.35
Product Features and Functionality
1.45
3.85
2.80
Breadth and Depth of Product Offering
3.10
4.45
4.10
LEAST IMPORTANT LESS IMPORTANT

PARTICIPATING QUADRANTS

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

    All-Asia-Pacific

    19 Participants

  • Niche Quadrant

    All-North America

    31 Participants

  • Niche Quadrant

    All-Europe

    25 Participants

STRENGTHS
  • Product Maturity / Breadth and Depth of Product Offering / D...
    Supports All Forms Of Analytic Activity
    Fico Decision Management Suite supports all major forms of analytic activity. It manages the data through data discovery and exploration, analytics model development and testing and deployment and performance monitoring Show More
  • Product Maturity / Data Management / Data Preparation (Data ...
    Easy Integration
    FICO Decision Management Suite offers easiest way to evaluate, analyse, deploy, measure and customize the data analytics and decision management solutions. It can be easily integrated with Fico decision management tools with other components. Show More
  • Product Maturity / Breadth and Depth of Product Offering / D...
    Exploration Of Data
    The FICO Decision Management Suite supports the ingestion and exploration of data (streaming and at rest), provides tools for the discovery of analytic insights, executes analytics in operational decisions, facilitates the creation of web and mobile applications, and very importantly, allows users to track and improve analytic models and decision strategies. Show More
  • Product Maturity / Data Management / Interactive Visualisati...
    Handle Data In Real-Time
    It provides a platform to handle data in real-time, with streaming data visualization, indexing and search, pre-processing for persistent storage, and the handling of data stream events via pre-defined rules. Show More
  • Product Maturity / Core Features / Statistical Modelling
    Predictive Models
    FICO Application Studio enables developers to apply business rules, predictive models to create web and mobile applications. The environment is fully integrated, meaning that all components and their interdependencies are known to the platform Show More
  • Product Maturity / Add-on Funtionalities
    Machine Learning / AI
  • Product Maturity / Target Users
    Data Scientists
  • Product Maturity / Data Management
    Data Preparation (Data Management)
  • Product Maturity / Data Management
    Interactive Visualisation
  • Product Maturity / Core Features
    Statistical Modelling
  • Product Maturity / Data Collections
    Customer Data
  • Product Maturity / Data Collections
    Marketing Data
  • Product Maturity / Data Management
    Real Time Dashboarding
  • Product Maturity / Data Management
    Report Automation
  • Product Maturity / Data Management
    Report Generation
  • Product Maturity / Data Management
    Static Visualisation
  • Product Maturity / Data Collections
    Transaction Data
  • Product Maturity / Product Quality and Reliability
    Custom Scripting Language
  • Product Maturity / Core Features
    Advanced Condition Prediction
  • Product Maturity / Enterprise Features
    Analytics Workflow
WEAKNESSES
  • Product Maturity / Services Offered / Implementation
    Not easy implementation
    The implementation process of FICO Decision Management Suite is not as easy in comparison to other products. Show More
  • Product Maturity / Services Offered / Support and Maintenanc...
    Support
    FICO Decision Management Suite doesn''t provide a reliable support and services for its product which makes deployment and scale state-of-the-art analytics and decision management solutions a challenging task. Show More
  • Product Maturity / Data Collections
    Demographic
  • Product Maturity / Data Collections
    Firmographic
  • Product Maturity / Data Collections
    Geo Spatial
  • Product Maturity / Data Collections
    Location [Pincodes]
  • Product Maturity / Product Quality and Reliability
    Support for Custom Data Connectors
  • Product Maturity / Integration with Big Data Frameworks / Da...
    Apache Spark
  • Product Maturity / Enterprise Features
    Auto-scaling
  • Product Maturity / Core Features
    Event Detection
  • Product Maturity / Integration with Big Data Frameworks / Da...
    Hive
  • Product Maturity / Integration with Big Data Frameworks / Da...
    Kafka
  • Product Maturity / Licensing
    Licensing - Data Volume
  • Product Maturity / Licensing
    Licensing - Hybrid
  • Product Maturity / Licensing
    Licensing - No of Records
  • Product Maturity / Licensing
    Licensing - Per data connection
  • Product Maturity / Licensing
    Licensing - Per Processor
  • Product Maturity / Licensing
    Licensing - Per seat
  • Product Maturity / Licensing
    Licensing - Per use / Per query
  • Product Maturity / Core Features
    Natural Language Processing (NLP)
See More

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TOP USECASES
TOP FEATURES
  • Product Features and Functionality
    Core Features
  • Product Features and Functionality
    Enterprise Features
  • Data Management
    Data Preparation (Data Management)
  • Data Management
    Interactive Visualisation
  • Core Features
    Statistical Modelling
  • Add-on Funtionalities / Machine Learning
    AI
  • Enterprise Features
    Shared Data Sources
  • Data Management
    Report Generation
  • Services Offered
    Consulting
  • Product Features and Functionality / Integration with Big Da..
    Data Stores

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FICO Decision Management Suite Presence in Predictive Analytics Software

Questions & Answers

TOP REVIEWS

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Global Head - Service and Product Development,Company Name Classified
Global Head - Service and Product Development, Company Name Classified
#3 in Predictive Analytics Software 6 Reviews

“Worth the price"

(*)(*)(*)(*)( )4
This software has a good visual interface. Connectivity with different database seems good, so far. I have not tried the integration part, but there should not be any problem about that as well. Overall it seems like a good investment for organization predictive analytics need.
General Manager,Company Name Classified
General Manager, Company Name Classified
#2 in Predictive Analytics Software 6 Reviews

“Good Graphics"

(*)(*)(*)(*)( )4
Comfortable, intuitive working environment, with help during the development of the process. Good graphics, and options to visualize the result of the process
Business Analyst,Company Name Classified
Business Analyst, Company Name Classified
#1 in Predictive Analytics Software 7 Reviews

“A great way to professionally build and manage databases"

(*)(*)(*)(*)( )4
One of the most revolutionary software, especially in my field, where I need to use multiple statistical variables to analyze databases of chemical elements. It is flexible as well, so I can convert databases of other software into the IBM SPSS format and they work better! For me, the best feature is its ability to filter and modify variables as per what I need. It is extremely versatile and perfect for my daily work requirements. Since it is quite a complicated software, it can get a bit tedious to understand all its functionalities, which may require a certain level of computer science knowledge. I had to take up an intensive course to understand it completely. This is possibly the best software for management and analysis of databases. It is extremely effective in creating variables and I dare say any company that uses it is bound to see a noticeable enhancement in employee performance.
Vice President,Company Name Classified
Vice President, Company Name Classified
#2 in Predictive Analytics Software 6 Reviews

“Need customization"

(*)(*)(*)( )( )3
It would be good if the educational version could be extended to students and teachers and be able to perform data mining in a work team, such as in a course, or in a postgraduate or doctorate subject, with better storage options in the cloud.
Other,Company Name Classified
Other, Company Name Classified
#2 in Predictive Analytics Software 6 Reviews

“Navigate through Journey of Hypotheses"

(*)(*)(*)(*)( )4
Granted, companies are looking for vertical solutions aiming directly at their specific applications while RapidMiner, albeit powerful, is a platform. In addition to current communication by RapidMiner and the enthusiastic community, efforts must be spent by both sides, the customers and the solution providers like us, to practice, solve problems, and build up confidence so that gaps can be bridged.
General Manager,Company Name Classified
General Manager, Company Name Classified
#9 in Predictive Analytics Software 6 Reviews

“One of the best software in the market"

(*)(*)(*)(*)(*)5
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.
Vice President,Company Name Classified
Vice President, Company Name Classified
#7 in Predictive Analytics Software

“World class visualization"

(*)(*)(*)(*)(*)5
I love the data visualization and the capacity to parse enormous datasets in this software, its just world class. Tableau is extraordinary for delivering group dashboards that can be utilized for strategic execution on tasks.
General Manager,Company Name Classified
General Manager, Company Name Classified
#1 in Predictive Analytics Software 7 Reviews

“Decision making made easier with this data analysis program."

(*)(*)(*)(*)( )4

The software’s ability to organize and use variable for tool application is what works best for me. Evaluation of the behavior of dependent and independent variables for linear regression analysis makes it easy to compile reports, further enabling easier decision making. It is also extremely user-friendly, with each icon distinctly visible. If I had to pick an area of improvement, I would say it is the quality of its graphics. They do not seem very professional and perhaps they can be updated to seem so.

I believe that this is an ideal software for organizations lookimg to systemize its data and work using dependent as well as independent variables. It works excellently to present inferential statistics to help organizations grow. However, if you’re looking for exceptional graphics, then this might not be the one for you.

Other,Company Name Classified
Other, Company Name Classified
#11 in Predictive Analytics Software 7 Reviews

“Efficient and Dependable"

(*)(*)(*)(*)( )4

This is a highly dependable software that also has some great features. Some of these features include

  • Easy access to data.
  • Presents data in the required format, after using various metrics.
  • Creates good dashboards.
The only drawbacks I could find were that the time taken to set up is high and it could do with a better user interface
Other,Company Name Classified
Other, Company Name Classified
#3 in Predictive Analytics Software 6 Reviews

“Data Science Capabilities Without The Investment In Data Scientists"

(*)(*)(*)(*)(*)5
SAP is the only vendor that I work with that is truly partnering with me year-round. We discuss use cases and how to best leverage the SAP product to address these use cases. The ease of use. Little data preparation is required. My team are subject-matter experts in sales data. The ability to quickly (same day) turn around a model and assess the viability of the model is unmatched by any other tools and has positioned my team of non-data-scientists as data science thought leaders! The visualizations have not kept up with the industry. While the output is very understandable, we still download the output to excel or Tableau. Our understanding is that SAP Analytics Cloud will be the platform we will need to eventually migrate to, and its visualization capabilities are excellent. My team was not involved directly with the purchase. Sales operations volunteered to participate in the evaluation and we gave IT a solid I like it for the following: • Drive innovation • Enhance decision making • Drive revenue growth • Create internal/operational efficiencies I like it since it provides direct access to specialists and engineers. At SAP Sapphire customer show, we have always been able to meet with the product development leadership and provide input into product direction as well as understand the roadmap.
Other,Company Name Classified
Other, Company Name Classified
#21 in Predictive Analytics Software 6 Reviews

“Very easy, very accurate"

(*)(*)(*)(*)( )4
KNIME isn’t a big firm but its number of contributors drive the platform forward with image processing and bioinformatics capabilities. The analytics platform provided by the company is easy to use and download. There are more than 1,000 analytical and model building operators. The vendor offers KNIME Server for sharing workflows and remote execution of model building workflows and advanced security.
Business Analyst,Company Name Classified
Business Analyst, Company Name Classified
#9 in Predictive Analytics Software 6 Reviews

“Easy to interpret data"

(*)(*)(*)(*)( )4
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.
Vice President,Company Name Classified
Vice President, Company Name Classified
#14 in Predictive Analytics Software 6 Reviews

“Good Product with Some Bad Tooling Options"

(*)(*)( )( )( )2
Competent enough software, but not easy to use. I also came across some issues in AI tooling. Though Microsoft seems to be putting in enough work in the platform, I feel that it is overlooking basic deployment and infrastructure issues. I would, however, buy this product for the following features: • Better customer data analysis for relation building • Faster Decision Making • Innovation
Other,Company Name Classified
Other, Company Name Classified
#14 in Predictive Analytics Software 6 Reviews

“Azure’s Big Data and Interactive Dashboards Truly Excel"

(*)(*)(*)(*)(*)5
Microsoft’s AZURE provides big data and interactive dashboards along with best-in-class visualization and deep dive reports. It is also very efficient allowing us to investigate data much faster compared to our older software, which has enhanced productivity.  The wide range of data options has given us the flexibility to serve our diversified customer base more efficiently. It’s cloud-based environment provides more agility with less time taken for setup and installation.
Project Manager,Company Name Classified
Project Manager, Company Name Classified
#18 in Predictive Analytics Software

“Capable Software with Good Visual Appeal"

(*)(*)(*)(*)( )4
Teradata analytics has a good interface offering a better visual appeal that is easy to understand. It provides good scalability in terms of applications and is compatible with SQL and Python. The only downside is the documentation needed to gain expertise in performing various complex tasks.
Internal Analyst,MnM
Internal Analyst, MnM
#29 in Predictive Analytics Software

“Easy and rapid extraction of insights"

(*)(*)(*)( )( )3
Signal Hub is an end-to-end big data analytics platform for large enterprises. It enables rapid extraction of insights and intelligence from large volumes of data, including different types and formats of data. Signal Hub delivers unmatched value to data scientists and analytics professionals by shortening the analytics development time and promoting the understanding and reusability of existing analytic components, thereby allowing organizations to more effectively meet the growing demand for useful big data insights across all business functions and employee levels.
Internal Analyst,MnM
Internal Analyst, MnM
#18 in Predictive Analytics Software

“Good analytic data platforms"

(*)(*)(*)(*)( )4
Teradata Corporation is a provider of analytic data platforms, applications, and services, and delivers embedded Predictive Analytics that helps marketers to easily apply forward-looking models to data-driven marketing efforts. It also offers features such as, Use model scores as selection criteria for campaigns and select/manage, which models are being used to score customers for campaigns.
Other,Company Name Classified
Other, Company Name Classified
#24 in Predictive Analytics Software

“Poor Software with Basic Functionality"

(*)(*)( )( )( )2

The software does not provide any templates that can make work easier. Even email or best practice templates could help.

Other,Company Name Classified
Other, Company Name Classified
#14 in Predictive Analytics Software 6 Reviews

“Cloud based predictive Analytics"

(*)(*)(*)(*)( )4
Microsoft offers a cloud solution for predictive analytics which is known as Microsoft Azure ML. This solution is a combination of Azure ML and Cortana Intelligence Suite capabilities. It is a user-friendly platform as it can connect to number of database and enables users to investigate and visualize data with better understanding, speed, and productivity. It offers Big Data solutions with intuitive reports, compelling visualizations, and interactive dashboards. It enables a user to create, schedule, and orchestrate ETL/ELT (Extract, Load, and Transform) workflows through the hybrid data integration service.
Business Analyst,Company Name Classified
Business Analyst, Company Name Classified
#27 in Predictive Analytics Software

“Great Product"

(*)(*)(*)( )( )3

The product team met with us at the time of installation which helped the entire process move smoothly. Even after installation the team continued to provide exceptional service. Product met all expectations with only minor issues. Which is a good thing considering they have horrible documentation. It’s all over the place and can do with a major overhaul. The stellar support not only makes up for the lack of documentation, but also makes this a product to recommend.

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