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Raddon - Predictive Analytics

  • 1.  Raddon - Predictive Analytics

    Posted Feb 12, 2020 12:54 PM
    ​Looking to connect with someone using Raddon's Predictive Analytics software.
    Curious if anyone is using this tool and if they are finding value in it.

    Korey McMahon
    VP of Sales and Culture
    Oklahoma City OK

  • 2.  RE: Raddon - Predictive Analytics

    Posted Feb 13, 2020 05:53 AM
    Edited by James Stock Feb 13, 2020 05:54 AM
    Sorry, wrong thread I posted to.

  • 3.  RE: Raddon - Predictive Analytics

    Posted Feb 13, 2020 06:05 AM
    I do not use Raddon Predictive Analytics, however I do run multiple predictive packages in R that I batch process the output to SQL server for reporting purposes.  R is free to use and well documented for how each of the statistical packages functions.  It does require knowing the R coding language, which can be quite steep for some of the advanced models.  However for many basic statistical analysis models and forecasting following the documentation will get you there.  You can also find many tutorials online either through YouTube or the DataCamp application.  That said it has a very active community and lots of online resources and examples.  I use it for Decision Trees, Random forest, associative and clustering models for predictions.  Additionally the Bureau of Economic Analysis has a R package which makes getting economic data easier if you are using them for weighting in sales predictions or payment trends.

    I know it's not the answer you are looking for, but I wanted to bring up there are free options available, they do require internal resources you may have to develop though in order to use them efficiently.

    Troy Del Valle
    VP, BI
    Hudson Valley Credit Union
    Poughkeepsie NY

  • 4.  RE: Raddon - Predictive Analytics

    Posted Feb 13, 2020 10:12 AM
    Hi Korey -

    We are currently running Raddon's predictive analytics software. We're live in some aspects and still working to launch others, but would be happy to discuss the process and what we're seeing so far.

    Mark Cardella
    AVP, Marketing and Communications
    Pacific Service CU
    Walnut Creek CA