DataRobot vs. IBM ILOG CPLEX Optimization Studio

DataRobot can be used for risk assessment, such as predicting the likelihood of loan default. It can handle both classification and regression tasks effectively. It relies on historical data for model training. If you have limited historical data or the data quality is poor, it may not be the best choice as it requires a sufficient amount of high-quality data for accurate model building.

Incentivized

In my opinon, if the problem is less than 5000 variables, one should try to solve with free available solver rather than directly going for a commercial license of IBM CPLEX Optimization Studio. In my opinion, if the priority is not in terms of solving time with higher number of variables, even then one can go for free solvers like CBC, IPOPT, SCIP. In my opinion, if priority is solving time and number of variables is also high, only in that case one should prefer going for a commercial license.

• The breadth of models available to use is helpful and allows much more analytical power than programming them all yourself.
• The built-in variable diagnostics are helpful when testing large variable sets to see which perform the best.
• Many of the adjustments on the models are easy to use/it's easy to re-run and kick off new models as you want to try new things.

Incentivized

• Linear Programming
• Mixed-Integer Linear Programming
• Non-Linear Convex-Optimization
• Visualization
• Shadow Price Analysis
• Parameter Tuning

• Further improvements to their text analysis tool, to be more like the Qualtrics text analysis tool, would be a great addition. Qualtrics has templates built into their text analysis tool for customer service, quality control, etc, and will automatically slot your text responses into categories associated with certain sub areas of those larger categories.

Incentivized

• Data handling from different sources like Note Pad, etc.
• Large size of MILP problems.
• Various parameters to set.

DataRobot presents a machine-learning platform designed by data scientists from an array of backgrounds, to construct and develop precise predictive modeling in a fraction of the time previously taken. The tech invloved addresses the critical shortage of data scientists by changing the speed and economics of predictive analytics. DataRobot utilizes parallel processing to evaluate models in R, Python, Spark MLlib, H2O and other open source databases. It searches for possible permutations and algorithms, features, transformation, processes, steps and tuning to yield the best models for the dataset and predictive goal.

Incentivized

It's nice to use and with good optimization.

As I am writing this report I am participating with Datarobot Engineers in an complex environment and we have their whole support. We are in Mexico and is not common to have this commitment from companies without expensive contract services. Installing is on premise and the client does not want us to take control and they, the client, is also limited because of internal IT regulations ,,, soo we are just doing magic and everybody is committed.

Incentivized

Honestly, to say, I never contacted CPLEX but used its forum to know/clarify any issues I faced.

I've done machine learning through python before, however having to code and test each model individually was very time consuming and required a lot of expertise. The data Robot approach, is an excellent way of getting to a well placed starting point. You can then pick up the model from there and fine tune further if you need.

Incentivized

Compared with MATLAB, CPLEX is a more user-friendly and simpler structure for writing models. This one also has a good return on investment.

• We have been able to cut costs by not buying leads that we will not be able to sell on
• We have been able to deploy loan eligibility reporting which brought in new business
• We have been able to improve the performance of our credit providers and our partners which has helped to retain business

Incentivized

• Better for price.
• Many model parameters/features.
• No visualization.