Altair Updates Knowledge Studio Machine Learning and Predictive Analytics Solution | #fraudprevention | #corporatefraud | ceo

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Altair Updates Knowledge Studio Machine Learning and Predictive Analytics Solution

New version includes enhancements for data scientists and citizen data analysts.

Note: TDWI’s editors carefully choose press releases related to the data and analytics industry. We have edited and/or condensed this release to highlight key features but make no claims as to the accuracy of the author’s statements.

Altair, a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, has released a new version of Altair Knowledge Studio that brings even greater speed, flexibility, and transparency to data modeling and predictive analytics.

According to Sam Mahalingam, Altair chief technology officer, “Without requiring a single line of code, Knowledge Studio visualizes data fast and quickly generates explainable results.”

Accessible to a wide audience of business analysts and data scientists working in areas including fraud prevention, collections optimization, marketing, sales, CRM analytics, product design, and engineering, Knowledge Studio now employs automated machine learning (autoML) to optimize the modeling process while offering users insight and understanding of how results are achieved.

Available via Altair’s flexible, units-based licensing model, the new version streamlines the entire workflow. At the outset, data is improved automatically by replacing missing values and dealing with outliers. AutoML then builds and compares many different models to identify the best available option. Compared to manual approaches, results are optimized in minutes rather than hours. Greater transparency gives citizen data scientists the opportunity and freedom to learn quickly. Improved control enables data scientists to modify models and fine tune performance.

Knowledge Studio does not adopt a “black box” approach that shuts out users. Fully committed to the principles of responsible and explainable artificial intelligence (AI), Knowledge Studio instead lifts the lid on the inner workings of models developed. Although models are developed automatically, explainable AI gives users the confidence that regardless of the model type, the process can be easily understood, interpreted, and evaluated.

Other features new to Knowledge Studio include:

  • Automated Python code generation that supports all predictive modeling; deployment-ready models can be created fast without requiring any coding skill
  • Direct data export to Altair Monarch, Altair’s industry-leading data preparation tool
  • Support for R code 4.0 and higher.

For more information, visit altair.com/knowledge-studio .



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