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Follow on Google News | Rapidminer 4.3 Extends Functionality And Speeds Up Data Analysis ProcessesRapid-I further improves the usability and scalability of its data mining software RapidMiner
By: Rapid-I GmbH Besides the freely available RapidMiner 4.3 Community Edition, Rapid-I also offers the more powerful RapidMiner 4.3 Enterprise Edition, which extends the Community Edition by capabilities for automated reporting in HTML, PDF, RTF, and Excel format as well as by parallel data mining operators for multi-core computers and professional technical support with guaranteed response times [http://rapid- The new RapidMiner release 4.3 focuses on improvements for companies that need to analyze large volumes of data and to quickly leverage the results for decisions at the core of their business. The improved lift charts of RapidMiner 4.3 support the optimization of direct mailing and marketing campaigns, customer churn prediction and reduction, customer retention and increased customer loyalty and sales volumes as well as acquisition of new customers with regard to cost, benefit, effectiveness, and efficiency. Modern data mining techniques help to select the customers most likely to respond positively to campaigns, the most promising communication channel(s) to contact them, and the best form of how to contact and address them. Extended pivotisations, new aggregation functions, extensive handling options for date and time attributes, simplified function-based construction of new features, optimized wizards for the easier handling of automated optimizations of data mining processes parameters, and new visualizations supporting zooming and panning enable improved data analysis and transformation processes and ease the use of RapidMiner. Extended macros and a new result storage mechanism support the design and execution of even more complex data mining processes. In addition to data import from and export to databases already supported in previous versions like e.g. Oracle, IBM DB2, Microsoft SQL Server, MySQL, PostgreSQL, and Ingres as well as import of Excel and SPSS files, RapidMiner now also connects to Teradata data warehouses and eases the connection to Microsoft Access databases. The uni- and multi-variate time series analysis, prediction, and visualization were also improved. RapidMiner 4.3 also provides extensive capabilities for the analysis of unstructured texts, automated text classification and e-mail routing, text mining, web mining, and automated sentiment analysis from internet discussion groups, web blogs, product reviews, and customer feedback. About RapidMiner: RapidMiner [ www.RapidMiner.com ] is the leading open source data mining software. According to a poll of the major web portal for data mining and knowledge discovery, KDnuggets.com, in May 2008 among 347 data mining experts, RapidMiner is the most widely used open source data mining tool and the second most frequently employed software for data analysis overall. A study of the Technical University of Chemnitz presented at the international Data-Mining- About Rapid-I: Rapid-I [ www.rapid-i.com ] is a provider of business intelligence, predictive analytics, data mining, text mining, and web mining software, solutions, and services offering its customers automatable intelligent data analysis of large amounts of data and text including automatically generated classification and forecasting systems. The open source data mining specialist Rapid-I enables other companies to use the latest technology for intelligent data analysis and for the discovery of still unused company knowledge from existing data. Rapid- # # # Rapid-I provides predictive analytics, data mining, and text mining software, solutions, and services as well as intelligent analysis of large amounts of data including automatically generated classification and forecasting systems: www.rapid-i.com End
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