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Stone Analytics Valuation Science Now Available as a Fully Integrated Extension of ESRI's ArcView and ArcView Business Analyst.


Business Editors and High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--Nov. 5, 2002

Stone Analytics(R), a leading provider of embeddable analytic software and an ESRI (Environmental Systems Research Institute, Inc., Redlands, CA, www.esri.com) The world's leading developer of geographic information systems (GIS) software, including programs that plot ZIP codes and addresses, demographic information and detailed, color-coded data. (R) Business Partner, today announced the availability of Valuation Science(TM) as a fully integrated extension of ESRI's popular GIS (1) (Geographic Information System) An information system that deals with spatial information. Often called "mapping software," it links attributes and characteristics of an area to its geographic location.  and mapping software ArcView(R).

Valuation Science, which is also compatible with the ArcView business product Business Analyst, is an analytic engine that can be embedded Inserted into. See embedded system.  in enterprise applications that process and store information about sales, marketing, and customer activity.

Valuation Science generates statistical models that identify the underlying patterns in company information. Business managers can use Valuation Science to understand and forecast purchase behavior, measure customer value, and better allocate sales, marketing, and customer-relationship resources.

"We are very excited about releasing a second product integrated with ESRI's ArcView," said Stone Analytics CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Christy chris·ty  
n.
Variant of christie.
 Joiner-Congleton. "Valuation Science provides additional functionality to ESRI's ArcView users and strengthens the relationship between the companies. Combining Valuation Science's analytic capabilities with Business Analyst's EBIS EBIS Employee Benefits Information System
EBIS Electron Beam Ion Source (accelerator technology)
EBIS Enterprise Business Intelligence Suite
EBIS Electron Beam Imaging System
EBIS Enterprise BI
 demographic and business data, and ArcView's geographic display allows business managers to gain additional insight into their information, and then display their findings in an understandable manner. This synergy of technologies and data has many applications. It would be particularly useful when doing site location, because users could clearly identify where to place their next store so as to maximize expected revenue and profit."

Valuation Science employs some of the most robust and effective modeling techniques available, including Stone Analytics' proprietary Automatic Analyst(TM) technology, which enables users to carry out advanced statistical analysis without any prior training. Automatic Analyst automates the modeling process, including data exploration and preprocessing A preliminary processing of data in order to prepare it for the primary processing or for further analysis. The term can be applied to any first or preparatory processing stage when there are several steps required to prepare data for the user. , which typically takes 60 to 80% of an analyst's time during a modeling project. Automatic Analyst also handles problematic data, such as missing records and outliers, and automatically partitions the data set into random test and train subsets to protect against sample bias. Automatic Analyst offers the benefits of predictive modeling without requiring a statistician.

Valuation Science can be obtained through Stone Analytics Authorized Resellers, a list of which can be found by visiting Stone Analytics at www.stoneanalytics.com.

About Stone Analytics

Stone Analytics develops and builds analytic software for integration into enterprise applications. Designed with the business user in mind, these engines increase the value and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  of data-rich application environments by enabling users to leverage the data stored in these systems. In addition to software products, Stone Analytics provides a wide range of analytical consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 tailored to the customer's need. Based in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Stone Analytics is owned by Stone Capital, and is the founding sponsor of SecondMoment(R), a news and business resource for applied analytics. For more information, visit www.stoneanalytics.com.

Stone Analytics is a registered trademark of Stone Analytics Inc.; Scoring Science and Valuation Science are trademarks of Stone Analytics Inc. ESRI, the ESRI globe logo, and ArcView are registered trademarks of Environmental Systems Research Institute Inc.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 5, 2002
Words:489
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