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31.10.2005 – 15:25

Angoss Software Corporation

Angoss Targets New Markets With KnowledgeSTUDIO(R) 5 Release; Software Mines Customer Data for Revenue & Profit Opportunities

    Toronto, Canada (ots/PRNewswire)

Angoss Software announced today the release of KnowledgeSTUDIO 5, the Angoss data mining and predictive modeling workbench.

    KnowledgeSTUDIO enables sales and marketing professionals and risk managers to achieve unparalleled insight and create actionable business rules from their customer data. KnowledgeSTUDIO(R) offers superior ease of use and performance benefits over traditional statistical tools, with lower cost of ownership. By helping organizations make better use of their data faster, Angoss empowers its clients to make "Better Business Decisions, Every Day.(TM)"

    "KnowledgeSTUDIO is a proven, powerful product that is both easy to use and affordable," says Angoss President, Eric Apps." The version 5 release takes these product strengths -- ease of use for business analysts, and an extensive advanced feature set for the most demanding analytics tasks -- one step further. It will appeal to both current and new advanced users, while opening new market opportunities in areas that have not been well served by traditional statistical tools vendors."

    Known for its exceptional ease of use, rich set of advanced capabilities for power users, and performance, KnowledgeSTUDIO is used by hundreds of analysts in many of the world's largest financial services organizations and most demanding analytics environments. With the version 5 release, KnowledgeSTUDIO is well positioned to meet expanding user needs in those organizations, while offering a superior, easier to use system for analysts in other industries.

    Designed using Microsoft .Net technologies, KnowledgeSTUDIO(R) provides a state of the art predictive analytics platform, reflecting current and anticipated enterprise standards for Windows and Office use. The version 5 release contains significant user enhancements and updates implemented in response to extensive customer feedback. It also provides additional deployment flexibility for existing and new users in enterprise analytics and decisioning environments, through a unified architecture integrating KnowledgeSTUDIO(R) with both KnowledgeSEEKER(R), the company's data profiling and knowledge discovery tool and KnowledgeSERVER(R), the company's batch and real time scoring engine. The Company also provides cross-platform support for popular Unix environments, such as AIX and Solaris, and an extensive range of data preparation and model deployment capabilities supporting Microsoft, IBM, Oracle and SAS systems, as well as personal and computer based training, knowledge transfer and self-assessment programs.

    New Features in KnowledgeSTUDIO 5

    A robust workbench, KnowledgeSTUDIO 5 meets all the needs of a beginner or advanced data miner and predictive modeler. Previous users will see many enhancements in the user interface and flow of the product that should make analysis quicker and easier. KnowledgeSTUDIO(R) speeds through phases of the model development and deployment cycle and allows business users to use wizard-friendly features to- profile, explore, model, implement, score, validate and monitor their data.

    Past users of KnowledgeSTUDIO will now have access to an array of new features to aid in their data profiling, decision tree analysis and modeling. Some of the key new features of V 5 are:

      - Unix client server configuration in addition to stand-alone
      - Extensive improvements and enhancements in data profiling
      - Data preparation via an expression editor
      - Support for compressed SAS files on import and Java and XML code
      - Ability to create user defined bins of data
      - SQL query log for repeatability
      - Support for PMML
      - Principal Component Analysis
      - Improved model validation techniques charts (ROC, Goodness of fit,
         Bias, Accuracy, Scatter Plots, Error) and improved workflow.
      - Improved decision tree module (better charting, more flexible
         splitting, open ended ranges).
      - Improved cluster analysis (ability to automatically select the best
         number of clusters, more statistics on the clusters).
      - Improved logistic and linear regression (more flexibility for handling
         discrete variables, Standardized parameter outputs, Variance Inflation
      - Improved integration with desktop software such as Microsoft Office(R).

    For more Information please see our multimedia demo at sign)38 or learn more about our podcast at

    About Angoss

    Angoss Software empowers people to make "Better Business Decisions. Every Day."(TM) Many of the world's leading financial services, telecom, life sciences, and retail organizations use Angoss predictive analytics software, solutions and services to grow revenues, while reducing risk and cost. Angoss helps our clients utilize business data to discover the key drivers of behavior, predict future trends and events, and act with confidence when making business decisions.

    Angoss combines powerful market proven software with focused industry services expertise in the deployment, integration and use of predictive analytics in enterprise environments. Our differentiators include broad user acceptance, a commitment to open standards, rich functionality, rapid deployment, exceptional ease-of-use and affordability.

    Headquartered in Toronto Canada, Angoss has offices in the UK and Australia and partners with the world's leading enterprise software and services vendors. For more information, visit

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