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Rapid Insight Introduces Predictive Analytics Add-On for Banner
Predictive analytics and data intelligence software provider Rapid Insight has created QuickStart for Banner, an add-on for Ellucian's Banner student information system focused on reducing the time to build predictive models.
QuickStart's template allows colleges and universities to quickly build and deploy predictive models for enrollment, financial aid outlay and student retention. Using the information provided by these models, schools can put programs in place to enhance recruiting efforts, as well as assist high-risk students and increase retention rates.
"QuickStart for Banner looks to make it even easier to build and implement predictive models by closing the loop between data access, predictive modeling and model scoring," said Jim Olick, senior financial aid systems analyst at Rhode Island-based Johnson & Wales University, in a press release. According to the company, the software allows schools to develop models in days rather than months or years.
For more information, visit the Rapid Insight site.
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