The frequently asked questions below should help you in solving your most common inquiries. The questions below address the most commonly asked questions with regard to IBM SPSS software.
The letters “SPSS” mean something different today than they did when the product was conceived. In 1968, when the company was founded, SPSS stood for Statistical Package for the Social Sciences.
Evolving from our academic roots to becoming a leading analytical solutions provider today, we simply use the name SPSS. Our solutions now are is helping our customers realise significant business value by becoming more predictive and making smarter business decisions.
Predictive analytics helps connect data to effective action by drawing reliable conclusions about current conditions and future events.
Predictive analytics, like enterprise resource planning (ERP) and customer relationship management (CRM), is both a business process and a set of related technologies. Predictive analytics leverages an organization’s business knowledge by applying sophisticated analysis techniques to enterprise data. The resulting insights can lead to actions that demonstrably change how people behave as customers, employees, patients, students, and citizens.
The predictive analytics process begins by exploring how specific business issues relate to data describing people’s characteristics, attitudes, and behavior. These numeric and free-form data sets, which originate from both internal systems and third party providers, are cleansed, transformed, and evaluated using statistical, mathematical, and other algorithmic techniques. These techniques generate models for classification, segmentation, forecasting, pattern recognition, sequence and association detection, anomaly identification, profiling, propensity scoring, rule induction, text mining, and advanced visualization.
Combining predictive analytics models with organizational business knowledge provides insight into such critical issues as customer acquisition and retention, up-selling and cross-selling, fraud detection, and outcome improvement. Through measuring uncertainty surrounding these issues, predictive analytics enables proactive risk management, refining key decision making processes through controlled, iterative testing of potential actions and their likely intended-and unintended-consequences. These findings and their corresponding business rules can then be deployed within front-line operational systems to identify new revenue opportunities, measurable cost savings, repeatable process improvements, and sustainable competitive advantages.
Predictive analytics carries strategic and tactical ramifications for organizations that recognize the inherent value locked within their existing enterprise data. Strategically, predictive analytics provides a quantitative foundation for rapidly identifying, objectively evaluating, and confidently pursuing new market opportunities. Tactically, predictive analytics identifies precisely whom to target, how to reach them, when to make contact, and what messages should be communicated.
The cost of IBM SPSS software depends of:
- The number of users.
- The type of license, i.e. concurrent or named user.
For more information on the costs of specific software please contact us directly.
A single-user license (also known as a named-user license) allows you to install the software on a fixed number of machines. You will have a different license code for each machine.
A concurrent-based license allows an unlimited number of installations of the software but only a specific number of users to access the software at one time. The users may be based across multiple departments i.e. if you purchase a two user concurrent license, an unlimited number of users can install the software on their computers, but only two users will be able to access the software simultaneously.
There are 2 term types of SPSS licence:
- Fixed Term Licences: These last for 12 months only. After 12 months the licence expires. This comes with 12 months of Technical Support.
- Perpetual Licence: These licences do not expire, however they only have 12 months of IT Support. Technical Support can be renewed annually.
The annual maintenance fee includes ongoing use of the software, ad-hoc technical and statistical support and all software upgrades. The maintenance is invoiced annually on the anniversary of purchase.
For more information the Licensing and Installation FAQs section answers to the most commonly asked questions regarding licensing and installation.