After Academia - Ph.D.s Solve Real World Communications Problems; Athene Software's Advanced Technology Group Tackles Communications Challenges.BOULDER, Colo.--(BUSINESS WIRE)--Oct. 5, 1999-- Statistical Modeling, Machine Learning, Neural Networks neural network or neural computing, computer architecture modeled upon the human brain's interconnected system of neurons. Neural networks imitate the brain's ability to sort out patterns and learn from trial and error, discerning and extracting , Decision Trees...sound intimidating? Not to this group. Athene Software, Inc. has formed an Advanced Technology Group (ATG ATG antithymocyte globulin. lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG) Atgam Pharmacologic class: Immunoglobulin Therapeutic class: Immunosuppressant ) and gathered a team of the best and brightest Ph.D.s in the area of advanced statistics and machine learning to help develop software that solves the most pressing problems vexing Communications Service Providers A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. (CSPs) today. Increased competition has resulted in growing pressures on CSP's profit margins, increasing churn rates (1) The percentage of customers who cancel their online, cellphone or other subscription service during a certain time period. (2) The percentage of employees who leave the company during a certain time period. See churning. , declining revenue per user, difficulties in accurately predicting customer behavior and the need to manage individual customer profitability Customer profitability (CP) is the difference between the revenues earned from and the costs associated with the customer relationship in a specified period. According to Philip Kotler,"a profitable customer is a person,household or a company that overtime,yields a revenue . By applying state-of-the-art machine learning models and advanced statistical techniques in a native web software application, Athene's ATG is able to provide customer-specific prediction and customer-centric solutions to maximize customer retention and allow management of customers by their profitability potential. Two of the newest members to the Athene's Advanced Technology Group, Cesar Guerra and Lian Yan, have been working in machine learning for over seven years. Cesar earned his Ph.D. in Computer Science from ITESM ITESM Instituto Tecnologico y de Estudios Superiores de Monterrey with a research focus in the area of genetic search-based feature selection. Lian received his Ph.D. in Electrical Engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. at Penn State, focusing his research on machine learning, time series analyses, data mining, neural networks, and telecommunications. "Athene Software is a company that utilizes all of the advancements made in the area of machine learning," stated Dr. Richard Wolniewicz, vice president of engineering for Athene. "By applying leading edge technology to the challenges facing CSPs, Athene is able to offer the most technically advanced solutions to real-world problems. The Advanced Technology Group is on the leading edge of predictive technology. They continue to find new, innovative, and unique solutions to problems facing the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. ." About Machine Learning Machine Learning algorithms, including techniques such as neural networks and decision trees, allow computers to discover complex and often opaque relationships from the combination of historical data and sophisticated domain expertise to make accurate predictions. About Athene Software Based in Boulder, Colorado The City of Boulder (, Mountain Time Zone) is a home rule municipality located in Boulder County, Colorado, United States. Boulder is the 11th most populous city in the State of Colorado, as well as the most populous city and the county , Athene Software, Inc. specializes in providing iCRM(TM) - Intelligent Customer Relationship Management software applications to the communications industry which better qualify new customers, develop effective customer retention strategies, and manage ongoing customer profitability and credit risk. The company is privately held. For more information, visit the company's Web site at www.athenesoft.com. Athene Software, Advanced Predictive Technology Platform, APT, APT Churn, APT Profitability, APT Predictor, APT Credit and iCRM are trademarks of Athene Software, Inc. |
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