MicroStrategy Data Mining Services
Familiar, Highly Formatted, Interactive Reports and Documents
MicroStrategy Data Mining Services
MicroStrategy Data Mining Services is a fully integrated component of the MicroStrategy BI platform that delivers the results of predictive models to all users in familiar, highly formatted, and interactive reports and documents.
Organizations gain a competitive advantage when they can increase the sophistication of their BI applications. One way to achieve this is to move beyond basic historical reporting and evolve to strategic, predictive analytics and alerts that help anticipate the likelihood of a future event, such as customer churn. MicroStrategy is the first to deliver data mining and predictive analysis to all users through a fully-integrated, enterprise-caliber BI platform. Using MicroStrategy Data Mining Services, business users, report designers and analysts alike can view and build predictive reports using MicroStrategy and distribute these reports to all relevant decision makers and stakeholders. These reports can also be included in analytically-rich dynamic enterprise dashboards, which provide unique data mining insight at-a-glance.
MicroStrategy Data Mining Services allows organizations to use predictive functions that are natively available within MicroStrategy, or import models from third-party data mining vendors. Business users can access highly-formatted, data-rich, predictive reports through all the user interfaces supported by the MicroStrategy BI platform, as well as perform standard report manipulations and create new reports on the fly. Unlike other similar products, MicroStrategy Data Mining Services hides the complexity of the underlying statistics and does not require users to adapt to new applications or interfaces. Instead, it delivers sophisticated results to the touch points already used by MicroStrategy users, including MicroStrategy Web, MicroStrategy Mobile, Dashboards, Excel, and PowerPoint. In addition, Data Mining Services extends the reach of traditional data mining insight by incorporating the scoring process on-demand in a single BI platform.
Features at a glance
- Apply data mining models on demand against terabytes of data, rather than waiting for the data miner or DBA to score the database tables and columns
- Out-of-the-box predictive calculation using analytical functions including the following data mining functions: Linear Regression, Logistic Regression, Tree Regression, Decision Trees, Association Rules Models, and Time Series Models
- Import sophisticated predictive algorithms in PMML format with only a few simple clicks, including Neural Networks, RuleSets, Support Vector Machines, and Ensembles of Models
- Import and run predictive and data mining models developed in "R" by using PMML or embedding "R" computational algorithms as standard MicroStrategy analytical functions
- Leverage the full analytical power of the MicroStrategy BI platform through a fully integrated solution
- Slice and dice predictive information within a limited analytical domain, making it simple and safe for casual users
Benefits at a glance
- Create flexibly-organized and highly-formatted predictive reports for easiest possible user consumption and professional presentation
- Deliver individualized messages and predictive reports to very large populations through a single "service definition" based on event triggers or schedules
- Provide large user populations with ad-hoc query and ad-hoc analysis on predictive data of an entire database without requiring knowledge of SQL, table structures or predictive models
- Implement even the strictest security scheme to users within and outside the organization
Creating Predictive Analytics Reports in MicroStrategy
Business users can create & view predictive reports, just as they would with any other MicroStrategy report.
An example of an out-of-the-box MicroStrategy data mining function is the multiple regression model, which supports linear, logarithmic and exponential regression between several independent variables and a dependent variable. This allows business users to create and view richly formatted reports with forecasted numbers. The PMML for this new predictive metric is automatically generated by MicroStrategy and can be exported and used in other data mining tools for further tuning and analysis after which it can be imported back into MicroStrategy.
This Customer Scorecard includes predictive analytics that help business users assess the potential risk for customer churn, across several dimensions of analysis.
Powerful Data Mining Seamlessly Integrated with the MicroStrategy Platform
IT departments are realizing the tremendous value that integrated data mining and business intelligence applications can bring to their organizations. Data that was once only in the hands of data mining experts is now required by relevant decision makers, managers, and stakeholders to help make better decisions faster. The integration of data mining's predictive analysis with BI applications in the MicroStrategy platform results in easy-to-consume, highly- formatted, and powerful predictive models that are easily integrated with business intelligence reports, dashboards, and analyses. MicroStrategy allows organizations to support all three scenarios of integration, irrespective of whether the model is created and executed by the data mining product, database management system, or whether the model is developed by the data mining tool or database and executed by the MicroStrategy platform. Once the model has been imported into MicroStrategy, it can be used in calculations and displayed in all user interfaces supported by the MicroStrategy BI platform, enabling decision makers to have access to advanced predictive analytics, applied within their everyday reports.
Support for Predictive Model Markup Language (PMML)
A key innovation that enables the integration of data mining models with other applications is the automatic conversion of a predictive model stored in Predictive Model Markup Language (PMML) into an algorithm that is used by a metric in MicroStrategy. PMML is an XML standard that represents data mining models developed and trained by data mining tools. This industry standard was developed by the Data Mining Group (DMG), an independent group of over two dozen leading technology companies, including MicroStrategy. PMML supports a number of different data mining algorithms and incorporates data transformation and descriptive statistics. PMML is generated by nearly all data mining tools from companies such as SAS®, SPSS®, Microsoft®, Oracle®, IBM®, KXEN™, ANGOSS and others. MicroStrategy is the first BI platform to support the PMML standard and, by allowing predictive metrics to be accessible by all users in the enterprise, data mining for the masses is now possible.
Rich, Flexible Analytic Library
MicroStrategy contains a library of more than 300+ basic, OLAP, mathematical, comparison, financial, data mining, and statistical functions that can be used to create business metrics and key performance indicators. Companies can use these types of advanced analytics to develop complex statistical calculations, more effective forecasting metrics, and many different forecast models for the same metric.
Other capabilities such as set analysis to determine relationships between data elements, and transformations to include time series analysis can be used in conjunction with the function library to provide rich insight without the need for a specialized third-party data-mining tool. In addition, MicroStrategy's Function plug-in provides additional flexibility, enabling access to functions that are not part of MicroStrategy's standard analytic library.
Read Gartner BI Magic Quadrant
MicroStrategy Positioned as Leader
Try Free BI Software Now
Instant Cloud Access and Evaluation
Get Free Training
Hands-on Business Intelligence Class