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SPSS

Statistical Package for the Social Sciences (SPSS) is a quantitative analysis software. It is a great tool for quantitative data. It can handle complex data manipulations and analyses. SPSS is among the most widely used programs for statistical analysis in social science. SPSS is the software for the numerical analysis. SPSS was acquired by IBM in 2009 for $1.2 billion. SPSS is a great for predictive analysis to help your organization anticipate change so that you can plan and carry out strategies that improve outcomes. Predictive analysis has come of age as a core enterprise practice necessary to sustain competitive advantage. By applying predictive analytics solutions to data you already have, your organization can uncover unexpected patterns and associations and develop models to guide front-line interactions. This means you can prevent high-value customers from leaving, sell additional services to current customers, develop successful products more efficiently, or identify and minimize fraud and risk. Predictive analytics gives you the knowledge to predict…and the power to act. Enterprise data is a priceless strategic asset because it represents the aggregate experience of an organization, the very history of its interactions with customers. Each customer response (or lack thereof), purchase decision, acquisition, outright defection, act of fraud, credit default, and complaint of a faulty product component provides the enterprise experience from which to learn. With SPSS, you can manage risks; learn from your mistakes, analytically.

Your organization needs predictive analytics because the following strategic objectives can be attained to their full potential only by employing it.
Compete – Secure the Most Powerful and Unique Competitive Stronghold
Grow – Increase Sales and Retain Customers Competitively
Enforce – Maintain Business Integrity

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