Lityx

RATING:

5.0

(11)

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

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

Overall Rating

5.0

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Lityx

1 - 5 of 11 Reviews

User Profile

Alexa

Verified reviewer

Marketing and Advertising, 201-500 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed 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

Marketing and Advertising, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed 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

Management Consulting, 1 employee

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed 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.

Reason 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

William

Marketing and Advertising, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed 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.

Brian

Banking, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

FUNCTIONALITY

4

Reviewed 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