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What is LexisNexis Predictive Modeling?

Enhance your customer acquisition and retention strategies by employing advanced analytics models that adeptly identify and attract your ideal target audience based on your unique requirements and goals. By monitoring the initial loss report throughout the entirety of the claims process, the integration of predictive analytics can lead to a notable decrease in the duration of claims, enable prompt fraud detection, uncover hidden trends, and ensure that resources are allocated effectively to high-priority cases. Partner with an expert analytics firm that specializes in crafting predictive models tailored to help insurance companies achieve their specific business targets. A dedicated and experienced team will work closely with pertinent state regulatory bodies throughout both the design and execution stages, facilitating responses to queries and gathering essential insights. Furthermore, by accurately categorizing risks through these predictive models, you can boost both your claim volume and overall profitability, while remaining proactive in navigating industry developments and obstacles. This proactive approach not only enhances your operational efficiency but also establishes a competitive edge in a constantly evolving market.

What is Altair Knowledge Studio?

Data scientists and business analysts utilize Altair to derive valuable insights from their data. Knowledge Studio emerges as a top-tier, intuitive platform for machine learning and predictive analytics, enabling quick data visualization and producing straightforward, interpretable results without the need for coding. As a prominent figure in the analytics field, Knowledge Studio boosts transparency and streamlines machine learning tasks through features like AutoML and explainable AI, offering users the ability to customize and refine models effectively. This platform promotes teamwork across the organization, allowing teams to address complex projects in mere minutes or hours rather than extending them over weeks or months. The results achieved are not only readily available but also easily shareable with stakeholders. By simplifying the modeling process and automating numerous steps, Knowledge Studio empowers data scientists to create a higher volume of machine learning models at an accelerated rate, enhancing efficiency and fostering innovation. Furthermore, this capability allows organizations to remain competitive in a rapidly evolving data landscape.

Media

Media

Integrations Supported

Bridger Insight XG
Juris
LexisNexis Prospect Portfolio
Nexis Data+
Nexis Diligence
Nexis Social Analytics
UniVoIP
UniVoIP Cloud Contact Center
VerifyRX
eCitation

Integrations Supported

Bridger Insight XG
Juris
LexisNexis Prospect Portfolio
Nexis Data+
Nexis Diligence
Nexis Social Analytics
UniVoIP
UniVoIP Cloud Contact Center
VerifyRX
eCitation

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/products/predictive-modeling

Company Facts

Organization Name

Altair

Date Founded

1985

Company Location

United States

Company Website

www.altair.com/knowledge-studio/

Categories and Features

Predictive Analytics

AI / Machine Learning
Benchmarking
Data Blending
Data Mining
Demand Forecasting
For Education
For Healthcare
Modeling & Simulation
Sentiment Analysis

Categories and Features

Artificial Intelligence

Chatbot
For Healthcare
For Sales
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Natural Language Processing
Predictive Analytics
Process/Workflow Automation
Rules-Based Automation
Virtual Personal Assistant (VPA)

Business Intelligence

Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

Machine Learning

Deep Learning
ML Algorithm Library
Model Training
Natural Language Processing (NLP)
Predictive Modeling
Statistical / Mathematical Tools
Templates
Visualization

Predictive Analytics

AI / Machine Learning
Benchmarking
Data Blending
Data Mining
Demand Forecasting
For Education
For Healthcare
Modeling & Simulation
Sentiment Analysis

Statistical Analysis

Analytics
Association Discovery
Compliance Tracking
File Management
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Process Control
Statistical Simulation
Survival Analysis
Time Series
Visualization

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