PMML is a standard for presenting predictive analytic models, created by DMG, that allows for easy sharing of models between applications. Major providers like IBM, SAS, MicroStrategy, Oracle, and SAP support PMML. The XML-based language makes it possible to develop models in one system and move them to another for testing.
The Power of Predictive Model Markup Language (PMML)
What is PMML?
Predictive Model Markup Language (PMML) is a standard for presenting predictive analytic models created by the Data Mining Group (DMG). PMML is an XML-based programming language that enables the sharing of predictive models between applications, allowing for seamless integration and performance evaluation.
Leading business analytics solutions providers such as IBM, SAS, MicroStrategy, Oracle, and SAP support the use of PMML, allowing for efficient and effective model sharing and integration.
What are the Benefits of PMML?
PMML offers numerous benefits to businesses and organizations looking to utilize predictive analytics in their operations. Some of these benefits include:
Seamless Integration Between Applications
One of the most important benefits of PMML is the ability to share predictive models between applications. This makes it possible for businesses to develop a model in one system and move it to another to assess its performance using test data. This integration opens up new possibilities for utilizing predictive analytics to improve business operations and decision-making.
Increased Efficiency and Cost-Effectiveness
Without PMML, organizations would need to develop custom code or rely on proprietary tools to create, share, and use predictive models. This can be a costly and time-consuming process. With PMML, businesses can utilize existing tools and resources to create and integrate predictive models, saving time and money.
Flexibility and Scalability
PMML provides flexibility and scalability to businesses, allowing them to make use of predictive models in a way that suits their unique needs. This means that businesses can create and share models that are tailored to their specific requirements, rather than relying on generic, one-size-fits-all solutions.
To sum up
Predictive Model Markup Language (PMML) is a powerful tool that enables businesses to share and integrate predictive models between applications. PMML offers numerous benefits, including increased efficiency and cost-effectiveness, flexibility, and scalability. With the support of leading analytics providers, PMML is a valuable resource for businesses looking to make use of predictive analytics in their operations.