Predixion Software has introduced Predixion Insight 2.0, the latest version of the company's collaborative predictive analytics solution.

Predixion Insight 2.0 provides business intelligence (BI) professionals with predictive analytics in the common interfaces of Excel 2010 and SharePoint.

Predixion has created Excel-based modeling solutions and a deployment framework designed to simplify the process of sharing models across an enterprise, automate predictions directly from source data to SharePoint dashboards, other portals or business applications and squeeze complexity out of the end user experience, resulting in self-service predictive analytics.

The new end-to-end collaborative features in Predixion Insight 2.0 allow users to share models, datasets and results as well as set permissions for shared items by simply sending them to other users or setting up "collections" to which multiple users subscribe. Users can then comment on items within the collection, score models with new or existing data, share the results within the collection or publish them into SharePoint or other portals for a truly collaborative experience.

Predixion's deployment framework enables companies to extend predictive capabilities throughout the enterprise. Predixion's new enterprise automation capabilities enable automation directly from analyst workbooks without requiring recoding of analytical logic.

Automated workflows refresh predictive scores in dashboards, KPIs and business applications at customisable intervals as source data is updated, with users having near real-time actionable data to expedite decision-making.

Predictive results achieved using Predixion Insight 2.0 are now available as interactive visualizations via Predixion's thin client. Line of business managers can review results at the highest level or drill down to detail levels to better understand predictions and make better informed, smarter decisions.

In addition to its off-site public and private cloud offerings, Predixion Insight 2.0 now is available as an on-premise solution for organisations such as healthcare and financial services firms who require it.