BARC Score Advanced Analytics expands its scope to cover the global market
Selection of vendors
There are specific inclusion criteria for vendors to be listed in this BARC Score: the first is associated with the characteristics of the vendor’s product, the second is linked to the financial results and installed user base of those products and the third refers to the regional distribution and support of the software.
To be evaluated in this BARC Score, a vendor has to supply the following platform portfolio:
- It must offer algorithms in the areas of unsupervised learning, supervised learning and time series analysis.
- The software must offer the ability to specify custom workflows.
- The software must support the entire analytical cycle (data preparation, modeling, model evaluation and operationalization).
- A user interface for model development must be provided.
In addition, the vendor has to generate a minimum of 1 million EUR in license revenue per year with the above product set, spread across two regions of the world. In order to include vendors with an open source business model that have also gained popularity in commercial applications, we included software that has an installed user base of at least 10,000 users.
Every vendor is evaluated on two dimensions, ‘Portfolio Capabilities’ and ‘Market Execution’, each representing one axis on the BARC Score chart. Click here to find out more about the BARC Score methodology.