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Knowledge Studio 10.8.3 Released

Knowledge Studio 10.8.3 adds more integration points with Knowledge Hub, Outlier Detection Improvements, and new Variable Transformation features. Improved Integration with Altair Knowledge Hub. All types of predictive models are now supported Altair strengthens the integration between predictive analytics and data preparation by publishing more models created in Knowledge Studio into the Knowledge Hub. Included are: Strategy Trees, Scorecards including the Scorecard editor, Deep Learning (Neural Networks), more regression and regularization models. Outlier Detection…

CEO Perspective: The Strength of Altair and Datawatch

As you may have heard, Altair Engineering Inc., has agreed to acquire Datawatch.  Allow me to take a moment to share with you why I’m so excited about this deal for our customers, our partners and our employees.  This transformative combination holds the potential to greatly expand the role of data analytics and data science in simulation-driven innovation. Altair is part of a handful of companies leading the world of engineering design and decision…

Credit Unions Improved Operational Efficiency, Collaboration and Gained Analytic Insights by Making Data Preparation the Linchpin of Their Data Strategy

More than 800 Credit Unions turn to Datawatch to streamline creation of actionable insights and valuable analyses out of the abundance of data they collect every day about their members and their operations. Credit Union Management Magazine (CUES) recently published an article “Leveraging an Analysis Tool” by Richard Gamble that put the spotlight on two Credit Unions (Vermont State Employees Credit Union and Schools Financial Credit Union) and the cutting-edge data…

New Study Identifies the Fundamental Challenges That Prevent Organizations from Trusting Their Data

Why executives aren’t leveraging analytics to inform critical business decisions and how to change that. Data analytics can be every company’s greatest asset. It can help corporations drive customer growth, increase productivity, and manage risks. Well, at least in theory. Just like you need to trust your co-workers, your employees, your peers and your partners, in order for analytics to yield the intended benefits, business leaders need to trust the data they have so they…

Altair Panopticon Joins Confluent Partner Program

BEDFORD, Mass., Sept. 05, 2018 (GLOBE NEWSWIRE) — Altair Corporation (NASDAQ-CM: DWCH) today announced that it has become a Technology Partner in the Confluent Partner Program. Confluent has verified that the Panopticon Streaming Analytics platform properly integrates with and supports Confluent Platform and Apache Kafka® along with Kafka’s Streams API. Confluent, provider of the leading streaming platform based on Apache Kafka, designed its partner program to enable a rapidly growing ecosystem around Kafka and Confluent. It…

Improving Self-Service Analytics by Harnessing the Data Swarm

NOTE: This post originally appeared on Dataversity.net and was written by Author at Dataversity, Jennifer Zaino. “Self-Service Analytics is great because it empowers business people,” said Frank Moreno, VP of Worldwide Marketing at Datawatch. But as the trend has taken off, so have disconnected data silos that create challenges in understanding Data Provenance, modifications, and currency. So, as business users worked with reporting or visualization tools such as Tableau, there often was no way…

How to Inject Confidence in Data Analytics

NOTE: This post originally appeared on EnterpriseTech.com and was authored by Altair Chief Product Officer, Jon Pilkington.   Ideally, data would be the foundation of every business decision: for optimizing operational processes, for analytical insights and for competitive advantage. But a recent TDWI survey exposes a very different reality. According to the report, only 11 percent of respondents said that they were very satisfied with their companies’ investments in data and analytics projects to meet strategic…

Why Team-Oriented Data Prep is Key to Your Marketing Intelligence Strategy

The roles and responsibilities of marketers have evolved dramatically in the past decade. It is no longer acceptable to launch and promote products and services through various channels without accountability and demonstrable results. Today’s marketer must employ a sound data intelligence strategy that fuels robust operational reporting and marketing analytics. To get there, marketing professionals are increasingly turning to team-oriented advanced data preparation and analytics solutions that clean, transform and combine data into…

From the Trenches: Why Companies Aren’t Optimizing Their Data Strategies

Insights from Gartner Data & Analytics Summit 2018: Dallas, TX Guest Author: Rachel Bland – Sr. Director Product Management at Datawatch If you have been wrestling with trying to make data and analytics work for your company, you’re not alone. We recently attended the Gartner Data & Analytics Summit 2018, during which we had the opportunity to discover the biggest challenges and concerns organizations face when designing and implementing data strategies. Most attendees cited difficulties…

How New Accounting Law ASC 606 Will Affect Your Business

What you need to know about ASC 606/IFRS 15 & how to stay compliant.  For many in the accounting field, implementing the necessary process to stay compliant with the ASC 606/IFRS 15 accounting standards is going to be quite a challenge.  This new revenue accounting law went into effect on December 15, 2017, and all businesses are required to follow the guidelines by the next…