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[December 27, 2001]
SPSS's Clementine Version 6.5 Data Mining
Software Includes New CRM Features
SPSS Inc. announced the release of
Clementine 6.5, the latest version of its data mining software. Many
organizations -- from financial firms to telecommunications companies to
retail outfits -- use Clementine to increase customer lifetime value by
better attracting, cross-selling and retaining customers.
Clementine 6.5 includes a new Clementine Application Template (CAT) for
customer relationship management (CRM). CATs are complete, pre-built
project outlines tailored to specific data mining applications that can
produce significant, valuable results right out of the box. The new CAT
will help users get a jump-start on data mining projects for CRM, and
focuses on increasing lifetime customer value, reducing customer turnover
or "churn," and predicting promotional response rates. The
software is currently shipping worldwide.
"Organizations are now coming to realize what many market analysts
have been saying for some time: advanced analytics are imperative to the
success of CRM applications," said Peter Caron, SPSS BI senior
marketing manager. "Clementine's CRM CAT makes it incredibly easy to
add this analytical power. The CAT, in effect, provides a detailed roadmap
that organizations can follow to get their CRM data mining projects off
the ground faster, make fewer errors along the way and achieve better
results in less time.
"The introduction of the CRM CAT also serves as a sign to
prospective users that we are committed to ensuring that Clementine
remains an indispensable tool for the continuously growing CRM
market," Caron said. "As shown by the annual doubling of its
sales revenue and regular topping of user surveys such as the KDnuggets
polls, Clementine continues to be the No. 1 choice for data mining
software."
Clementine takes a visual, interactive approach to data mining. Users
build a map of their data mining project--called a "stream"--by
selecting icons--called "nodes"--that represent steps in the
process. Along the way, users can include their business knowledge for
better results.
CATs are collections of pre-built streams, sample data and user guides
designed for specific applications. Clementine 6.5 also includes CATs for
analysis of Web site data to improve site efficiency and analysis of
customer data in the telecommunications industry.
Other new features in Clementine 6.5 include:
- New sequence algorithm: This new algorithm detects patterns in
time-ordered data and makes sequential predictions, enabling users to
analyze information such as clickstream data from Web sites.
- Enhanced Web mining CAT: Fourteen new streams have been added to the
Web mining CAT. Additional improvements include new sample data that
represent popular Web log formats, more complicated field derivations
and new methods for dealing with returning customers.
- Operation reordering: Clementine now automatically reorders
operations to push even more of Clementine's execution into the
database. This results in improved performance and reduced network
traffic.
- Expression builder: The mouse-driven expression builder boosts
productivity and reduces errors, as users no longer have to type
complex or lengthy expressions.
- Multiple derive node: Multiple new variables can now be created in a
single node, saving time and reducing stream complexity.
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