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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Analytics Features and Functions



Predictive Analytics

Analytics may be divided into two groups--core analytics and predictive analytics.

Predictive analytics is the branch of data mining concerned with the prediction of future probabilities and trends. The central element of predictive analytics is the predictor, a variable that can be measured for an individual or other entity to predict future behavior.

Data, Text, and Web Mining

 Data mining is sorting through data to identify patterns and establish relationships that can be used to predict future behavior. Text Mining is about looking for patterns in natural language text, and may be defined as the porcess of analyzing text and extract information from it for particular purpose. Web mining is the integration of information gathered by traditional data mining methodologies and techniques with information gathered over the World Wide Web.

OLAP

Core Analytics

Administration

Business Intelligence (BI) Features and Functions
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