Share with your friends










Submit

Analytics Magazine

Frontline shipping V. 2017 of Solvers for Excel and Analytic Solver.com

 

“We’re making advanced analytics power tools and learning aids accessible to every business analyst,” says Daniel Fylstra, Frontline’s president and CEO. “Our users can build models with point-and-click ease of use, while taking advantage of the most advanced analytic algorithms and methods.”

In this release, Frontline is making available to all users Analytic Solver Basic V2017, a new version of its Analytic Solver Platform for Education product, formerly offered only for university MBA programs and used to learn by hundreds of thousands of students. Analytic Solver Basic includes every feature of Frontline’s analytics software, but handles only limited-size models and data sets, suitable for learning. (All of the 100+ example models and data sets included with the software can be used.) A software license is just $250 per year and includes both the desktop version and access to AnalyticSolver.com. Paired with Solver Academy, Frontline’s new Open edX-based online learning platform, Analytic Solver Basic offers a way for business analysts to gain “advanced analytics ninja” skills.

Analytic Solver Basic gives the user an ongoing “free trial” opportunity for all the large-capacity products that Frontline offers. Users can simply create or open models or data sets larger than Analytic Solver Basic’s limits – and run them. The software enters “Test Run Summary Only” mode, and runs the problem but delivers only summary information such as the final objective in optimization or key statistics in simulation/risk analysis, then recommends the best upgrade option. After a simple, point-and-click upgrade step, the user has both the large-capacity product and Analytic Solver Basic, with its ongoing “free trial” of other functions.

Also in this release, Frontline has implemented a new cloud-based software licensing system, similar to the approach taken by Adobe Systems. Users can now install and use Frontline’s software on multiple computers, such as a desktop, laptop, home PC or virtual machine – but only one of these at a time. A multi-user license option enables organizations to share a license among multiple users and multiple machines, without having to run a special “license server.” Licenses can be used while disconnected from the Internet, for lengths of time specific to the license.

The V2017 release features further significant enhancements to Frontline’s popular Evolutionary Solver for optimization, focusing on the most difficult non-smooth, non-convex models with integer variables.

The new release features support for industry-standard PMML (Predictive Model Markup Language) for Analytic Solver’s full range of classification, prediction, and time series forecasting methods, as well as PMML extensions for text mining. Other data mining enhancements include:

  • Ability to create ensembles of any combination of six different classification methods or four different prediction methods.
  • Direct use of categorical variables in many predictive algorithms that, in other analytics software, can use only continuous variables
  • Ability to “fit,” store and apply to new data a wide range of data transformation and unsupervised learning tools, such as PCA and clustering.
  • Enhanced neural networks with any number of layers, and better scaling, training and activation function options,
  • Enhanced reports and charts, especially for model evaluation, and simplified functions to apply predictive models in Excel worksheets.

Other enhancements include support for very high resolution (4K) monitor, and support for a new version of Tableau Software’s Web Data Connector.

In this release, Frontline has simplified its product line and renamed most products. Frontline continues to offer eight plug-in, large-scale Solver Engines for optimization, upgraded in the new release, that work with Analytic Solver Optimization and Analytic Solver Comprehensive.

The new V2017 release is available at AnalyticSolver.com.

Related Posts

  • 75
    Frontline Systems, developer of the Solver in Microsoft Excel, has launched Solver.Academy, its online learning platform for predictive and prescriptive analytics. Frontline also announced that it has surpassed 500,000 users of its cloud-based advanced analytics tools, aimed at spreadsheet-literate business analysts who aren’t expert data scientists.
    Tags: analytics, frontline, solver, data, users, excel, prescriptive, advanced, predictive, learning
  • 74
    Frontline Systems is shipping a new product line release for desktop and cloud, Analytic Solver 2017-R2 for Excel and enhancements to AnalyticSolver.com, its SaaS equivalent.
    Tags: solver, analytic, frontline, excel, release, models, optimization, data, software, analytics
  • 62
    Frontline Systems has released XLMiner SDK V2018, a next-generation version of its Software Development Kit for data mining, text mining, forecasting and predictive analytics. XLMiner SDK offers application developers working in C++, C#, Java, Python or R a powerful, high-level API for quickly creating applications that use predictive analytics.
    Tags: data, predictive, software, analytics, frontline
  • 56
    As the Big Data Analytics space continues to evolve, one of the breakthrough technologies that businesses will be talking about in the coming years is prescriptive analytics. The promise of prescriptive analytics is certainly alluring: it enables decision-makers to not only look into the future of their mission critical processes…
    Tags: analytics, prescriptive, data, software
  • 50
    Use of the term “business analytics” is being used within the information technology industry to refer to the use of computing to gain insight from data. The data may be obtained from a company’s internal sources, such as its enterprise resource planning application, data warehouses/marts, from a third party data…
    Tags: analytics, data, predictive, prescriptive

Headlines

Using machine learning and optimization to improve refugee integration

Andrew C. Trapp, a professor at the Foisie Business School at Worcester Polytechnic Institute (WPI), received a $320,000 National Science Foundation (NSF) grant to develop a computational tool to help humanitarian aid organizations significantly improve refugees’ chances of successfully resettling and integrating into a new country. Built upon ongoing work with an international team of computer scientists and economists, the tool integrates machine learning and optimization algorithms, along with complex computation of data, to match refugees to communities where they will find appropriate resources, including employment opportunities. Read more →

Gartner releases Healthcare Supply Chain Top 25 rankings

Gartner, Inc. has released its 10th annual Healthcare Supply Chain Top 25 ranking. The rankings recognize organizations across the healthcare value chain that demonstrate leadership in improving human life at sustainable costs. “Healthcare supply chains today face a multitude of challenges: increasing cost pressures and patient expectations, as well as the need to keep up with rapid technology advancement, to name just a few,” says Stephen Meyer, senior director at Gartner. Read more →

Meet CIMON, the first AI-powered astronaut assistant

CIMON, the world’s first artificial intelligence-enabled astronaut assistant, made its debut aboard the International Space Station. The ISS’s newest crew member, developed and built in Germany, was called into action on Nov. 15 with the command, “Wake up, CIMON!,” by German ESA astronaut Alexander Gerst, who has been living and working on the ISS since June 8. Read more →

UPCOMING ANALYTICS EVENTS

INFORMS-SPONSORED EVENTS

INFORMS Computing Society Conference
Jan. 6-8, 2019; Knoxville, Tenn.

INFORMS Conference on Business Analytics & Operations Research
April 14-16, 2019; Austin, Texas

INFORMS International Conference
June 9-12, 2019; Cancun, Mexico

INFORMS Marketing Science Conference
June 20-22; Rome, Italy

INFORMS Applied Probability Conference
July 2-4, 2019; Brisbane, Australia

INFORMS Healthcare Conference
July 27-29, 2019; Boston, Mass.

2019 INFORMS Annual Meeting
Oct. 20-23, 2019; Seattle, Wash.

Winter Simulation Conference
Dec. 8-11, 2019: National Harbor, Md.

OTHER EVENTS

Advancing the Analytics-Driven Organization
Jan. 28–31, 2019, 1 p.m.– 5 p.m. (live online)

CAP® EXAM SCHEDULE

CAP® Exam computer-based testing sites are available in 700 locations worldwide. Take the exam close to home and on your schedule:


 
For more information, go to 
https://www.certifiedanalytics.org.