FICO makes artificial intelligence explainable with its analytics workbench


FICO makes artificial intelligence explainable with its analytics workbench


September 28, 2018 • Top Stories

FICO makes artificial intelligence explainable with its analytics workbench

Analytics firm FICO has announced the latest version of FICO Analytics Workbench, a cloud-based advanced analytics development environment that empowers business users and data scientists with sophisticated, yet easy-to-use, data exploration, visual data wrangling, decision strategy design and machine learning.

As new data privacy regulations shine a spotlight on AI and machine learning, the FICO Analytics Workbench xAI Toolkit helps data scientists better understand the machine learning models behind AI-derived decisions.

“As businesses depend on machine learning models more and more, explanation is critical, particularly in the way that AI-derived decisions impact consumers,” said Jari Koister, vice president of product management at FICO.
“Leveraging our more than 60 years of experience in analytics and more than 100 patents filed in machine learning, we are excited at opening up the machine learning black box and making AI explainable. With Analytics Workbench, our customers can gain the insights and transparency needed to support their AI-based decisions.”

“Computers are increasingly a more important part of our lives, and automation is just going to improve over time, so it’s increasingly important to know why these complicated AI and ML systems are making the decisions that they are,” said assistant professor of computer science at the University of California Irvine, Sameer Singh. “The more accurate the algorithm, the harder it is to interpret, especially with deep learning. Explanations are important, they can help non-experts to understand the reasons behind the AI decisions, and help avoid common pitfalls of machine learning.”

Built for both business users and data scientists, the FICO Analytics Workbench™ combines the best elements of FICO’s existing data science tools with several open source technologies, into a single, cloud-ready, machine learning and decision science toolkit, powered by scalable Apache Spark technologies. The Analytics Workbench provides seamless and automated regulatory audit compliance support, producing the necessary documentation for internal review and external regulators.

The Analytics Workbench has been designed for users with a variety of skill sets, from credit risk officers looking for a consistent tool to data scientists and business analysts collaborating and working together to inform and enrich strategic decision making. With an intuitive interface, users can expect faster time-to-value, higher levels of productivity, and significant business improvements through analytically powered decisions.

Edited by Neo Sesinye
Follow Neo Sesinye on Twitter
Follow IT News Africa on Twitter

«





Source link


Like it? Share with your friends!

25
0
25 shares

What's Your Reaction?

eiii eiii
0
eiii
hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
win win
0
win

0 Comments

Your email address will not be published. Required fields are marked *

You may also like

More From: Technology

DON'T MISS

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format