Click the image below to to watch the Release Version 2022.1 summary video:
Published on February 19, 2022. This document provides information about the Version 2022.1 Release Notes deployed to the Othot Platform.
Othot is pleased to announced release 2022.1 of the Othot Platform. The release adds a variety of new features and enhancements, as well as significant improvements to overall performance and predictive capabilities.
Refining the experience and increasing the ease of getting to insights is a focus of each release. Many of the new features added are suggestions or feedback from our Partners and valuable for our entire community.
The Othot team has a thorough understanding of the many challenging decisions that need to be made every day at all levels of a Strategic Enrollment Management team. The new Strategize tab found in the Insights page presents a new user experience to help you make these critical decisions faster and more easily by simply answering a few straight-forward questions. More Strategies will be introduced over time, while the first two being made available are focused on helping with Financial Aid offers that occur after initial packaging:
- Yield Booster
It’s often a guessing game for deciding how to allocate discretionary awards when making the final push towards reaching enrollment goals. With Yield Booster, simply answer a few questions about your situation then be presented with the optimal allocation by student expected to maximize your limited aid resources, specifically to increase yield.
- Appeals Manager*
When students or their parents submit a financial aid appeal, it can be incredibly difficult to decide if it should be granted and, if so, to what extent. Whether it’s a single student or many students who’ve made the request, use the Appeals Manager to see the impact of either the optimal decision or any amount that you would consider offering for these critical funds.
*Will automatically become available with the first 2022.1 patch within weeks following the release date.
Dynamic Progress-based Likelihood Scores
In addition to the hundreds or thousands of variables that can be used to predict outcomes, the impact of time relative to deadlines is often significant. Othot’s Likelihood Scores now automatically factor in the progress already observed in your funnel or life cycle to better account for the temporal nature of the path towards enrollment or retention.
For example, an Applicant with qualities that would typically result in a high Likelihood Score will now possess a much lower prediction if enough students have been admitted and deposited already. This dynamic update based on progress will enable you to better focus your resources on the right students at the right time.
This update to Likelihood Scores will persist everywhere in the Analyze page when the Rewind feature is not in use, including but not limited to individual student pages, in prescriptive modules (i.e. What-if, Sensitivity, Matrix, and Scenario), Pivot, and visualizations.
Financial Aid Sensitivity Smoothing
Your ability to make confident decisions with your financial aid resources by predicting the outcomes before acting is one of Othot’s highest priorities. Our data science engine has significantly improved its ability to detect outliers in simulated financial aid offers and make appropriate adjustments automatically. This enhancement results in predictions that better represent a student’s price sensitivity when using any prescriptive features in the Platform.
User Experience Improvements and Other Enhancements
As with every release, many existing features have been improved or expanded. A few of the more notable items are:
- Individual Page Lifecycle Phase Selection UI
- Support for filtering in Advisor
- Download data from Dashboard table visualization widgets
- Map visualizations for Dashboard widgets
- Impacts by variable for Misc. column in Waterfall visualization
Adding enhancements occasionally results in the introduction of software bugs. Our team has fixed as many issues as possible and gives top priority to user-reported problems. Here is a list of the more notable items addressed:
- Unable to filter What-If columns in Scenario
- Maintain filters in a cloned Matrix after updating Decisions
- Some users unable to see templated Dashboards
- Dashboard filter picklist not populating
- Scenario inconsistently showing all What-If columns
- Advisor Dashboard contents not caching with each predict
- Filter by List not applying when viewing a What-If
- Aggregate row rounding not precise enough
- Dashboard scrolling is too sensitive
The Othot development team is already working on the next release, 2022.2. This release is scheduled to go into production in Q2 2022. For more details about the features planned for the 2022.2 release, contact Othot Partner Success or Othot Sales.