Lityx Software

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About Lityx

LityxIQ is a cloud-based advanced analytics platform for organizations of all sizes. It is an automated machine learning platform, which automates reporting, modeling, and optimization. This solution helps organizations scale their data science capabilities to improve business results. Key features include data preparation, reporting and BI, modeling and scoring, and constrained optimization. Built by data scientists, LityxIQ stands apart from the competition by including a powerful blend of capabilities that cover the full analytics spectrum. Easy to implement and surprisingly affordable, LityxIQ works seamlessly with the tools you already have, integrating easily with other systems, source data platforms, data lakes and data warehouses, as well as the leading visual...

Lityx Pricing

Reserve your rapid Proof of Concept (POC) test to quickly prove the value of machine learning for your organization. Our team of data scientists are ready to help you design a POC that will unleash the power of machine learning on the issues that are important to you and your organization. https://lityx.com/proof-of-concept/

Starting price: 

$58,000.00 per year

Free trial: 

Available

Free version: 

Available

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LityxIQ's easy to use and set up Visual Process Flow

Lityx User Reviews

OVERALL RATING

SECONDARY RATINGS

Ease-of-use

5

Value for money

5

Customer support

5

Functionality

4.5

Showing 10 reviews

Alexa

Verified reviewer

Company size: 201-500 employees

Industry: Marketing and Advertising

Time used: More than 2 years

Review Source: Capterra

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

September 2021

Lityx Models Just Perform Well

Pros

With Lityx, we build and deploy effective predictive models which routinely outperform both business as usual as well as competitor's models, in controlled in-market tests. Lityx includes a variety of algorithms and is constantly implementing new features, algorithms and quality of life upgrades. It's a living, shifting product that responds to current best practices in predictive analytics and machine learning.

Cons

Prior to a recent update, I was not able to import my file type of choice. However, a recent update fixed this issue.

Reasons for switching to Lityx

We used an offshore vendor that required 6 months+ lead time and gave us black box models. After swapping to Lityx, our development time is now less than a day and gives full transparency into the predictors, algorithms and performance.

Roger

Company size: 1 employee

Industry: Marketing and Advertising

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

October 2021

Lityx Solution - Effective, Cost Efficient, Reliable, Time Saving

Its a key component to keep my clients informed of their business in an accurate and timely manner. I also get solid support from the Lityx team as needed.

Pros

Lityx handles a lot of data (some of the mail history files I maintain have close to 50 million records), processes very quickly, and has key functions that intelligently support informed business decisions. You can perform data processing, data queries, advanced analytics (including predictive modeling) and data optimization (which I use for prospect scoring and list selection. In particular, it is a very efficient and effective predictive modeling tool, allowing me to run several iterations of a model in much less time and at much less expense than alternatives such as SAS.

Cons

Like every effective software, there is a learning curve in terms of effective use. While the front end lets me avoid trying to come up with R or SQL commands, you still need to know some syntax in order to run effective queries and handle certain data processing. However, the online help function is very handy when it comes to trouble shooting syntax issues.

Reasons for switching to Lityx

I began contracting with Lityx independently and found that the solution fits for a lot of business challenges. Speed, flexibility, and handling large datasets come in particularly handy.

Brett

Company size: 1 employee

Industry: Management Consulting

Time used: Less than 2 years

Review Source: Capterra

This reviewer was invited by the software vendor to submit an honest review.
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

November 2021

Strong Player in AutoML Market

My experience was great. I was looking for a business partner that would allow me to build out a socially responsible AI product offering at a reasonable cost and work with me as I looked to build my business. [SENSITIVE CONTENT] and his team are experts and were the exact right partners.

Pros

LityxIQ has an easy to use platform that has one of the strongest statistical engines I've seen. Outputs are easy to interpret and they have had excellent customer support in helping me develop solutions for my clients. A particular strength is their optimization functionality which I have not seen so clearly laid out and well integrated in other platforms.

Cons

The two key areas of improvement I have seen is 1) to better separate out the types of modeling approaches vs. specific use cases. Sometimes it can be confusing when choosing an approach. 2) There are limits to the transparency and ability to get to the source code in the platform. Some other leading providers allow true transparency to underlying code which is important in today's system development world. That said, this tends to be a limitation more for the higher end user and Lityx's customer support can provide significant insight into the modeling process.

Reasons for choosing Lityx

Ease of Use, Strength of Platform, Collaboration, and Partnership ability

Reasons for switching to Lityx

Easy of Use, Ability to integrate, No-Coding

Brian

Company size: 2-10 employees

Industry: Banking

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
4

Ease-of-use

out of 5
5

Value for money

out of 5
4

Functionality

out of 5

April 2022

Data processing and predictive modeling platform

Use the tool to lower acquisition costs, identify upsell/cross-well opportunities, and make better business decisions through analysis of data.

Pros

Several key features - avoid siloed workflows in a company by keeping all data, processes, programming, and modeling in one platform. Replaces need for complex coding by end users and standardizes all on a single platform. Automation simple to set up, the data mining algorithms are powerful, and one of best features is optimization module.

Cons

Like with all tools there is a learning curve. More technical users will come to really appreciate all the flexibility to customize setup, but they've also set it up to run 'as is.

Reasons for switching to Lityx

value

William

Company size: 2-10 employees

Industry: Marketing and Advertising

Time used: Less than 2 years

Review Source: Capterra

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

September 2021

Robust tool / Great support

LityxIQ was implemented as part of an analytic environment to support CRM and analytics for a large travel and entertainment company. We do significant data manipulation, model building and implementation, and statistical analysis. LityxIQ has been extremely easy to work with and very responsive. This includes adding a significant capability in the model scoring process that saved our project! They got on the phone with us, understood our issue, and built/tested/added this new capability within a week.

Pros

The software is very easy to get started with, you can find yourself building models almost immediately. Some software that's easy to use has limited capability and flexibility which is definitely NOT the case with LityxIQ. As your experience with the software grows you'll find more and more capabilities that are intuitive, powerful, and very useful.

Cons

There are some minor navigational and functional things that could be improved. A search function could help for things like variable tracing. Some of these things have already been addressed and implemented.

Bill

Company size: 501-1,000 employees

Industry: Chemicals

Time used: Less than 2 years

Review Source: Capterra

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

September 2021

Lityx Saves Millions for Manufacturing Company

We Lityx we have to potential to make all the processing vessels within the company more efficient. We are now working on the second unit with 6 or 7 to go.

Pros

The Lityx software is very impressive. Within hours of using the software it pointed us the proper direction to reduce waste in one of our wax processing towers. It was easy to load our data into the software and soon it was producing recommendations on how to adjust the temperatures, pressures and flows within the tower. These recommendations led us to a 4% reduction in waste, which has resulted in millions of dollars in increased revenue for the company.

Cons

There was nothing not to like. Data integration was easy, the price was competitive and learning the software has been quite easy.

Reasons for choosing Lityx

We did look at another product. It was much more expensive was going to require a team of consultants. The other product was unable to produce the results Lityx did in much more time.

Greg

Company size: 1,001-5,000 employees

Industry: Education Management

Time used: More than 2 years

Review Source: Capterra

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

September 2021

Excellent AI and Auto ML Platform

Very positive experience so far as we continue to expand our use of the product within our department.

Pros

The ability to visualize and manage the entire pipeline of data management, model development, deployment and optimization. The ability to manage all the way thru a real problem with predictive model development, maintenance and optimization is a huge step forward in this rapidly evolving world of Data Science. Also, integrations with other data sources/tools allowed us to utilize this platform along with our team's prefered tools within our architecture.

Cons

No major drawbacks to the software. New features addressing additional data types and modeling techniques are welcome additions as they are released.

Radoslaw

Company size: 2-10 employees

Industry: Investment Management

Time used: Less than 2 years

Review Source: Capterra

4

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

September 2021

Analytics lead as a boutique consulting firm

Overall, it exceeded our expectations as a platform to host our data in a secure environment, enable analytics and overall flexible and easy to integrate with.

Pros

Relatively low cost entry point, quick learning curve, ability to serve as both data and analytics platform

Cons

There were no major issues, but unique workflow and some coding standards take some getting used to

Reasons for choosing Lityx

It offered a good combination of features and capabilities at an affordable price point.

Mark

Company size: 11-50 employees

Industry: Consumer Electronics

Time used: More than 2 years

Review Source: Capterra

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

October 2021

Big Fan of Lityx

Pros

Ease of setup, ability to integrate with our internal tools and processes, scalability, supporting services

Cons

Would like to see more flexibility and exposure of the feature engineering function.

Austin

Company size: 5,001-10,000 employees

Industry: Entertainment

Time used: Less than 12 months

Review Source: Capterra

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

September 2021

Senior Marketing Data Analyst

Lityx has been a joy to use overall. The software performs quickly with extremely few bugs. When bugs do arise the Lityx team is quick to resolve them.

Pros

Organization. This software does a great job of keeping datasets, models, and analysis organized in an easy to use and logical fashion.

Cons

Window sizing. When moving between different size screens the software does not resize automatically. Often a refresh is required.