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TECHNOLOGY

Combine evidence, data and real-world domain knowledge in a powerful model of
prediction using HUGIN Bayesian Network analytics

Bayesian Networks - Because every bit of information counts

HUGIN software is based on Bayesian networks and influence diagram technology, an advanced artificial intelligence technique widely used for supporting decision-making under uncertainty.

A Bayesian network is a graphical modeling tool which organizes the knowledge about a domain into a network of causes and effects between key variables. For each variable associated with a cause, probability is used to specify the extent that one variable affects the other. Bayesian networks can operate with multiple sources of information: historical data and the more subjective observations of experts and other data that is missing, uncertain or complicated but has valuable impact on the decision support model.

A cornerstone of Bayesian networks is they are not dependent on having all information about a problem in order to effectively model it. All variables in a network are encoded with probability. Therefore, Bayesian networks are extremely useful for modeling complex areas in which sound analysis is needed, but where uncertainty exists.

Programmed into computers, HUGIN Bayesian network technology automatically compiles and evaluates network information to deduce probability and identify the best solution to a problem or situation.

The unique capabilities of Bayesian Networks and the growing need for developing intelligent, high-performance solutions that can manage uncertainty make Bayesian network technology a key business intelligence technology for the future.

Advantages of Bayesian network modelling technology:

Graphical, easy-to-visualize method of illustrating a decision problem and its model variables

Can exploit information about past events to predict the likelihood of future events

Optimal for handling and interpreting large data sets

Can be used with incomplete data sets

Can incorporate different types of data within the same model

Provide valuable analysis even when information is incomplete or uncertain

Can quickly assess the impact of many different strategies and scenarios

Can be used to predict or diagnose, depending on your analysis needs

Provide better, more flexible and robust recommendation strategies

Are more compact than rule-based systems

Documentation

Read about our Bayesian Network tools and features and find out how easy it is to integrate advanced decision-making functionality into client applications.

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HUGIN GUI

An interactive model-building tool enabling you to use the facilities of the HUGIN Decision Engine.

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HUGIN API

Downloadable manuals for all API’s for the HUGIN Decision Engine which are included with HUGIN Developer and HUGIN Researcher.

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  • Products
    • HUGIN Development licenses
      • HUGIN Explorer
      • HUGIN Developer
      • HUGIN Educational
      • HUGIN Researcher
    • HUGIN Download Links
      • Download Links
    • HUGIN Deployment license
      • HUGIN OEM
    • Services
      • Training
      • Online Training
      • Consultancy
      • HUGIN Support Pack
    • HUGIN Products
      • HUGIN FiNDR
  • Solutions
    • BayesFraud
    • BayesAML
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