||Classic tools, provided by predictive analytics vendors
||ClearPredictions.com online platform
||Requires professional services of statisticians, data scientists, developers and BI experts for data management, automation and modeling.
||No statistical knowledge required, only common sense. Just use it!
||Dependent of IT planning. Installation and setup procedures, strong licensing bounds and ties.
||No IT involvement. SaaS based, secure, immediate results, simple licensing, no strings attached.
|Time required to develop models and start predicting?
||Weeks to months.
||Hours to days.
|Quality of predictions?
||Accurate. But often only one machine learning algorithm used.
||Accurate. 8 different machine learning algorithms are deployed, best performing one in your specific situation is used during predictions.
|Handling changing data or updated business requirements?
||Version bound configuration.
||Requires training and statistical-analytical know-how
||Every business manager can use it!