Information Builders, an independent leader in business intelligence (BI) solutions, today announced a partnership with Fractal Analytics, a leading provider of advanced analytics, to develop predictive analytics solutions on Information Builders’ WebFOCUS RStat BI and data-mining platform. Fractal’s predictive analytics solutions will be deployed through the WebFOCUS RStat application to help clients have an end-to-end solution from development to deployment.
The Information Builders-Fractal partnership is currently working with the Charlotte-Mecklenburg Police Department (CMPD) to develop crime-forecasting applications. Using historical data of crime patterns, Fractal is developing predictive models that will tell the CMPD when and where they should deploy resources to fight crime. Information Builders will implement these models through WebFOCUS so the police department can drill down through data and reallocate officers to targeted areas to reduce criminal activity. While CMPD has always used data to understand trends, this is the first time the department will use a specific set of data from multiple sources to forecast future trends. When implemented, the WebFOCUS RStat application will enable CMPD supervisors to forecast crime and develop strategies to prevent it using statistical models based on historical crimes, calls for service, the nature of crime, population density, weather, special events, and more.
“By partnering with Fractal, Information Builders can build and scale high-quality predictive models and make them functional for the end user faster than any of our competitors,” said Rado Kotorov, technical director of Strategic Product Managment, Information Builders. “Having Fractal’s subject matter expertise at hand to build custom predictive models and scoring applications for our customers helps us reduce time-to-market and costs of custom-built predictive analytic solutions.”
Fractal and Information Builders are currently developing and deploying custom analytic solutions for government, retail, healthcare, financial services, law enforcement, insurance, and CRM/marketing-specific deployments. The solution set covers areas as diverse as forecasting crime all the way to predicting impact of price changes and promotions, insurance loss models, and credit risk models.
“Our partnership with Information Builders is helping us embed predictive analytics into a BI platform that makes it easy for clients to use and track the outcomes of predictive models, ultimately helping them make smarter business decisions” said Pranay Agrawal, executive vice president, Client Servicing at Fractal Analytics. “Our experience in developing predictive models fits perfectly with RStat’s ability to process and translate these models to the end user in a palatable way.”
About Fractal Analytics
Fractal Analytics (www.fractal.ai) is a leading provider of advanced analytics services and helps companies across the globe enhance profitability by powering their customer management efforts with scientific decision-making. Fractal has deployed analytics to drive significant value for many Fortune 1000 companies in the areas of customer acquisition, retention, value enhancement, risk management, and marketing optimization. Fractal caters to companies in retail, CPG, financial services, and insurance industries. Fractal currently has a global presence with offices in New Jersey, California, Mumbai, Singapore, New Delhi, and Kolkata.
About Information Builders
Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs.
Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners.