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SPSS Announces Winners of 2004 SPSS Insight Awards™, Recognizing Best Practices in the Use of Predictive Analytics
Source: www.spss.com
Copyright SPSS, Inc. 2004
11/30/04
This is a dated announcement. The material in this announcement could be superceded by
more current announcements.
Grand Prize Winner GAGA Digital Brain Recognized at SPSS Directions User
Conference
CHICAGO, 10/25/04 —
SPSS DIRECTIONS USER CONFERENCE, LAS VEGAS - SPSS Inc. (NASDAQ: SPSS), a
leading provider of predictive analytics technology and services,
announced the winners of the 2004 SPSS Insight Awards™ today at the SPSS
Directions User Conference being held this week in Las Vegas. In its
inaugural year, the SPSS Insight Awards recognize SPSS customers that
have achieved significant
business results by applying SPSS predictive analytics.
GAGA Digital Brain, a division of Japan’s largest movie distributor, was
presented with the SPSS Insight Awards grand prize for using SPSS
predictive analytics to create a new methodology for forecasting the
success of Hollywood movies in Japan. Using Amos™ for structural
equation modeling, Clementine® for data mining and SPSS® for statistical
analysis, GAGA Digital Brain developed a Web-based system called
Advanced Data Analysis on the Market (ADAM), which provides moviegoers
with movie recommendations and gathers information about their movie
preferences from hundreds of weekly questionnaires about new movies.
With the successful deployment of
ADAM, GAGA is able to predict the likely success of a new Hollywood
movie in the Japanese market and is expecting a 9.4 percent increase in
company sales and an 18.1 percent increase in
return on equity in the 2003/2004 financial year. In addition, GAGA
Digital Brain Inc. has created a new market segment and established the
company as the first organization in Japan specializing in research and
marketing services for moviegoers.
Other SPSS Insight Awards winners include:
Sequoia Hospital, California’s oldest district hospital, for improving
patient care with the use of SPSS® statistical analysis software. The
cardiac surgery team at Sequoia Hospital has relied on SPSS statistical
software and its modules for clinical data analysis and management
since 2000. By recording patients’ information and treatments in SPSS,
doctors learn from the past and are better equipped to administer the
most effective treatment.
Recruit Company Ltd., a leading human resources recruitment company
based in Japan, uses SPSS data mining and text mining technologies to
better understand what motivates employers to hire
mid-level candidates. Recruit Company Ltd used SPSS text mining
software, LexiQuest Mine™ and Clementine to dissect resumes of
applicants, and analyze the text of each resume, in order to identify
trends across candidates. Recruit Company used SPSS technology to
identify the key terms that distinguish candidates, and what common
denominators existed among those candidates selected for employment.
With SPSS predictive analytics, Recruitment Company recruiters could
better understand the terms that help HR managers to select appropriate
candidates.
Interscope Inc., a market research firm based in Japan uses Clementine
to support a product pricing and profit optimization methodology called
Virtual Retail Conjoint (VRC). VRC is an integrated research framework
that enables product and brand managers to answer pricing
questions to gain better marketing positioning. For example a sales
representatives, can enter scenarios such as the impact of increasing
price by one percent; or can price reduction compensate the weakness of
a brand.
Save Mart Supermarkets, based in Modesto, CA, first used SPSS technology
as a Y2K solution to reproduce an existing non-compliant weekly
performance report. Today, the solution has evolved
into a tool that has added dollars to the bottom line by changing the
way Save Mart looks at their business; it also supports strategic and
tactical business decisions. Every facet of the organization, from
finance, to operations, to accounting, to merchandising, has been
positively affected by the implementation of this SPSS analytic
solution. Examples of improved efficiencies include a reduction in the
time it takes to compute projections (reduced from 20-24 hours to two
hours), and a year-end process in the benefits department was reduced
from
400 hours to eight hours. The solution has played a large part in
keeping Save Mart ahead of their competition.
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