Viscovery AI Alliance Blog
Welcome to the Viscovery AI Alliance blog!
Here you can find everything about our latest news, articles, projects, and use cases.
Viscovery launches major release of its visual data-mining platform
[News Viscovery]
Vienna / Austria, 15 May 2013 Data-mining specialist Viscovery unveiled the latest major release of the Viscovery ® Software Suite, designed to help customers uncover high-value insights in complex data sets. Viscovery version 6.0 offers numerous enhancements, a more intuitive user interface, and several new features with particular importance for biomedical and genetic analysis. The new version is the culmination of years of software development.
Building on Viscovery’s unique, patented technology for explorative analysis and statistical modeling of complex data, many of the new features emerged from the company’s successful expansion into the life sciences. The Group comparison feature and the Cluster characteristics feature have proven to be particularly crucial for data-mining customers in bioscience and medical research.
Other improvements are designed to monitor process states, display images of clustered objects directly over the analytical model, and provide analytical features, such as a correlation- independent measure for the influence of individual attributes on a target attribute. A re-designed graphical interface, enhanced workflow management and other usability improvements round out the latest version of the Viscovery suite. Download a summary of the new features from www.viscovery.net/data-sheets.
“One of the things customers like most about the new release is that the identification of interesting attributes in very high-dimensional data comes with a multiple testing correction which helps avoid false positives, particularly when the data being analyzed contain thousands of variables,” says Dr. Gerhard Kranner, CEO of Viscovery Software. “By revealing high-value insights, whether they are in customer analytics or biomarker identification, without the time and cost of traditional analysis, Viscovery gives organizations the ability to quickly and intuitively extract critical knowledge from complex data sets.”
Viscovery version 6.0 is a full major release and is available immediately. Existing customers are already being upgraded. A free trial version is available at www.viscovery.net.
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Data-Mining Specialist Viscovery Reports Profits for 2012
[News Viscovery]
Vienna / Austria, 14 March 2013 Vienna-based Viscovery achieved good results again in 2012. With licenses and services making 85% of the business volume, profits have clearly exhibited stable growth since 2011. Above average increase was realized in the Asia-Pacific region. SOM business (data mining using self- organizing maps) continues in 2013 to take hold in a wider international market.
New customers acquired in 2012 include Japan Aerospace, Honda R&D, the online-game provider Funstage, the Ministry of Finance in Singapore, and the loyalty-program specialist Pinpoint, among others. Meanwhile, Deloitte have expanded their implementation of Viscovery software for their professional services into more than 10 countries. Numerous research institutes and universities continued to work with Viscovery software in 2012, including newcomers Louisiana State University Health Sciences Center, Michigan Technological University, Tokyo University, and University of Southern Queensland.
In cooperation with parent company Biomax Informatics AG, projects in the Life Science were further expanded particularly in the areas of medical research and biomarker identification. Thus, Viscovery provided data mining software and consulting to the new CIRO+ data center in the Netherlands — one of the most outstanding centers of excellence in Europe for diagnosis and treatment of chronic obstructive pulmonary disease.
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Data Mining-specialist Viscovery success continued in 2011
[News Viscovery]
Vienna / Austria, March 2012 Vienna-based Viscovery Software GmbH reported successful results for 2011. As in the previous year, licensing generated 70% of the revenue. The SOM business (data mining based on self-organizing maps) underwent continued internationalization: over 90% of the volume was from international customers representing all continents. New customers acquired in 2011 include Qantas Airways, Oklahoma State Department of Health, iiNet Limited, Toyota Motor Corporation, Emirates Telecommunications Corporation, and Kissei Pharmaceutical Co., Ltd.
In addition, many research institutes and universities chose Viscovery in 2011, including University of Pretoria, University of Strathclyde, Osaka City University, Kyoto University, Tokyo Institute of Technology, and Micro Ram Enterprise. Product-distribution partnerships were further strengthened, in particular with Dynelytics (formerly SPSS Switzerland) which was extended to countries outside of Switzerland.
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Consulting companies use Viscovery in analytics services
[News Viscovery]
Vienna / Austria, August 2011 Consulting companies of all sizes have used Viscovery in diverse consulting projects for many years. Now Viscovery has entered into an agreement to provide Deloitte, the global professional services organization, with a Viscovery SOMine license, in connection with Deloitte’s AsOne client service offering (www.deloitte.com/asone).
The AsOne archetypes are presented in the book AsOne by Merdad Baghai and James Quigley (www.asone.org), which was listed in the New York Times Top 10 economic books. These eight archetypes of work behavior were defined using clusters created with the Viscovery software from customer data.
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Data mining specialist Viscovery expands into the Life Sciences
[News Viscovery]
Vienna / Austria, May 2011 The data mining specialist Viscovery successfully established itself in the Life Science sector in 2010. In positive synergy with its parent company, Biomax Informatics, they carried out projects in the food industry and in pharmaceutical and medical research. In these fields, Viscovery® Data Mining with SOMs (Self-Organizing Maps) helps researchers find potential biomarker candidates by analyzing and clustering clinical and genetic data.
Viscovery's participation as a partner in the international CANCERMOTISYS research project studying the specific effect of drugs against stomach cancer (www.cancermotisys.eu) is already in its third year. In this project, Viscovery is examining, among other things, the relationship between the motility of cancer cells and gene expression data.
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Data mining specialist Viscoverys globalization efforts on track
[News Viscovery]
Vienna / Austria, April 2011 With strong net revenue growth, the Vienna-based Viscovery had one of the best financial years in its history. The Austrian data mining specialist & SOM expert cites its licensing business, which makes up over 70% of sales, as the reason for their growth. Over 90% of Viscovery's business takes place internationally. In addition to Australia and Japan, the company extended its business to Arab countries in the last year. Besides financial services and telecommunications, Viscovery successfully positioned itself in the life sciences by building on positive synergy with its parent company, Biomax Informatics AG.
Selected new customers include: National Australia Bank, Insurance Australia Group, Etisalat Group (Emirates Telecommunications Corporation), as well as renowned international research institutes such as the Western Australian Institute of Medical Research, consulting firms like Deloitte and Wolters Kluwer, and many universities.
A particularly elegant example of the use of Viscovery SOMs can be found in the book AsOne by Merdad Baghai and James Quigley (www.asone.org), which is listed in the New York Times Top 10 economic books. The book presents eight archetypes of work behavior that have been defined on the basis of clusters created with the Viscovery software.
In the commercial sector, classifications of socio-demographic data or data from social networks are also increasingly used. Users can find an entertaining demo of such a classification on www.viscovery.net/demos/music-styles, where the visitor can answer a few simple questions to classify his or her preferred styles of music. Viscovery created the demo using a small portion of a data set provided by the Parship online dating service.
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Viscovery boosts sales and profit
[News Viscovery]
Vienna / Austria, July 2010 Despite the global financial crisis, the Austrian specialist for data mining and predictive analytics reports for 2009 a considerable growth in sales, profit and market share and continues to demonstrate success in the international arena.
New customers acquired in the reported period include Northrop Grumman Information Systems (USA), Deloitte & Touche Forensic & Investigative Services, Inc. (Canada) and Telstra Corporation (Australia). An additional large customer in Australia has entered into final negotiations.
This period also saw the release of Viscovery Suite version 5.2, which includes a new licensing system and further improvements for handling and usability as well as enhanced features for microcluster prediction and high-dimensional data analysis features that are essential for text mining and clustering of gene expression data.
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