Software-as-a-Service (SaaS) company
Enova Decisions has launched a new ‘decisions management’ solution. Part of Enova International, Inc., Enova Decisions has headquarters in Chicago, Illinois, United States. Established in 2016, the company’s cloud-based services leverage Artificial Intelligence (AI) and machine learning to allow companies to “automate and optimize operational decisions, in real-time and at scale” using the data they generate. The company specializes in multinational financial services and its (AI)-driven technology provides predictive and prescriptive analytics that address areas as diverse as fraud detection and credit risk management.
The Enova Decisions Cloud is powered by Amazon Web Services (AWS) and ‘Sparkling Logic’ - a decision management and modeling tool that optimizes operational decisions in enterprise applications and processes. The solution targets “mid-market” companies and gives them “self-service decision management capabilities”. Enova Decisions Cloud gives companies access to the third-party data that will help them drive business decisions. Users can upload and deploy machine learning models without any coding or technical capability.
Sparkling Logic, Inc. has headquarters in Sunnyvale, California, United States and specializes in an SaaS-based decision management platform with machine learning and predictive analytics tools. Its solutions use predetermined business rules to “discover, test, simulate, deploy and continuously improve data-informed business decisions”. Enova Decisions selected Sparkling Logic “for its comprehensive decision management features, flexible deployment and integration options, and intuitive user-interface”. Enova Decisions Cloud is currently only available to companies within the United States.
“In order to manage the complexity of decisioning, it’s important to have an application that can orchestrate the key components of a decision in an intuitive interface,” explained Enova Decisions’ Head of Analytics Services, Sean Naismith. “Leveraging technologies like Sparkling Logic in our cloud service allows our clients to oversee the fine details of the decision algorithm without feeling overburdened by the complexity of what they’re designing.”
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