So which software is the best analytical software? Sigh- It depends

 

Graph of typical Operating System placement on...
Image via Wikipedia

 

Here is the software matrix that I am trying to develop for analytical software- It should help as a tentative guide for software purchases- it’s independent so unbiased (hopefully)- and it will try and bring as much range or sensitivity as possible. The list (rather than matrix) is of the format-

Type 0f analysis-

  • Data Visualization (Reporting with Pivot Ability to aggregate, disaggregate)
  • Reporting without Pivot Ability
  • Regression -Logistic Regression for Propensity or Risk Models
  • Regression- Linear for Pricing Models
  • Hypothesis Testing
  • A/B Scenario Testing
  • Decision Trees (CART, CHAID)
  • Time Series Forecasting
  • Association Analysis
  • Factor Analysis
  • Survey (Questionnaires)
  • Clustering
  • Segmentation
  • Data Manipulation

Dataset Size-

  • small dataset (upto X mb)
  • big dataset (upto Y gb)
  • enterprise class production BigData datasets (no limit)

Pricing of Software that can be used-

Ease of using Software

  • GUI vs Non GUI
  • Software that require not much extensive training
  • Software that require extensive training

Installation, Customization, Maintainability (or Support) for Software

  • Installation Dependencies- Size- Hardware (costs and  efficiencies)
  • Customization provided for specific use
  • Support Channels (including approximate Turn Around Time)

Software

  • Software I have used personally
  • SAS (Base, Stat,Enterprise,Connect,ETS) WPS KXEN SPSS (Base,Trends),Revolution R,R,Rapid Miner,Knime,JMP,SQL SERVER,Rattle, R Commander,Deducer
  • Software I know by reputation- SAS Enterprise Miner etc etc

Are there any other parameters for judging software?  let me know at http://twitter.com/decisionstats

Author: Ajay Ohri

http://about.me/ajayohri

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: