Capture Higher Ed offers higher education’s first ensemble predictive model — Envision — unique to the enrollment management industry because it combines machine-learning algorithms to build highly accurate models for application, enrollment and financial aid.
Having a robust and sophisticated predictive model has never been more important. It’s a tool that admissions offices can use to prioritize their efforts confidently — to get more applicants for the same amount of money. Would you spend $30,000 to save $90,000? An accurate predictive model can make that happen, and there’s not a predictive engine in higher education more accurate than Envision.
Sometimes seeing is believing, and we want everyone in the enrollment management industry to see Envision in action. That’s why we offer a free test drive — an opportunity to compare our predictive engine to your current model vendor. With no risk or obligation, a free Envision Trial involves these four, easy steps:
- Exchange Data
If you have it, we would like three to five years of your enrollment pipeline data. To ensure the security and privacy of this data, we will sign a data security agreement. All data is exchanged via a secure sFTP site. The dataset should be identical to the one provided to your current model vendor.
- TrafficLight Report
In this step, we will use TrafficLight to do an in-depth analysis on the six dimensions of data quality and actionable steps to enhance model performance. If TrafficLight identifies data issues, we will work with you to resolve them prior to using Envision. In cases where the data quality is insufficient we will not continue with the Trial.
- Model Presentation
In this step, we will provide a summary of the model-run accuracy statistics, an analysis of how they compare vs. your existing vendor and a sample of student level results.
- Proposal Development
Envision is the ideal companion to a range of cutting-edge enrollment solutions that Capture offers. In this step, we’ll tailor these solutions to fit your needs.
The process is simple, and you will learn a lot.
What makes Envision special? Unlike other predictive models used for enrollment management — those built on historical data and not easily iterated upon — our predictive engine can continuously look for patterns and make more accurate predictions every time new data is available. It uses machine-learning algorithms, multiple types of data, automatic feature selections and dynamic scoring. And it actually can retrain your prediction model within the enrollment cycle.
If you’re not ready for a free trial but would like to learn more about our predictive engine, a great opportunity is coming Thursday, Oct. 26, when John Foster, Capture’s senior data analyst, and Brad Weiner, director of data science, share their experiences building and using predictive models for institutions across the country. Register for their Webinar “Using Predictive Modeling to Increase Your ROI” and find out how Envision is helping enrollment professionals make more informed decisions every day.
By Kevin Hyde, Senior Content Writer, Capture Higher Ed