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Nonprofit Organizational Assessment

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SAS and its Enterprise Miner

Sidetrade

Stata

Statgraphics

Statistica

Tibco Software

Beside these software packages, specific tools have also been developed for industrial

applications. For example, Watchdog Agent Toolbox has been developed and optimized

for predictive analysis in prognostics and health management applications and is

available for MATLAB and LabVIEW.

The most popular commercial predictive analytics software packages according to the

Rexer Analytics Survey for 2013 are IBM SPSS Modeler, SAS Enterprise Miner, and

Dell Statistica.

PMML

The Predictive Model Markup Language (PMML) was proposed for standard language

for expressing predictive models. Such an XML-based language provides a way for the

different tools to define predictive models and to share them. PMML 4.0 was released in

June, 2009.

Criticism

There are plenty of skeptics when it comes to computers' and algorithms' abilities to

predict the future, including Gary King, a professor from Harvard University and the

director of the Institute for Quantitative Social Science. People are influenced by their

environment in innumerable ways. Predicting perfectly what people will do next requires

that all the influential variables be known and measured accurately. "People's

environments change even more quickly than they themselves do. Everything from the

weather to their relationship with their mother can change the way people think and act.

All of those variables are unpredictable. How they will impact a person is even less

predictable. If put in the exact same situation tomorrow, they may make a completely

different decision. This means that a statistical prediction is only valid in sterile

laboratory conditions, which suddenly isn't as useful as it seemed before."

In a study of 1072 papers published in Information Systems Research and MIS

Quarterly between 1990 and 2006, only 52 empirical papers attempted predictive

claims, of which only 7 carried out proper predictive modeling or testing.

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