First Look – Zementis Update

January 24, 2012

I spoke to Zementis back in June of 2011 and got an update on their Universal PMML Plug-in among other things. Since then they report growing client interest with a particular focus on real-time decision-making using real-time scoring in fraud detection for instance. They have also been updating their products. ADAPA, their analytic decision deployment [...]

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First Look – KNIME Analytics Workbench update

January 23, 2012

KNIME is an open source data analytics product based in Zurich, Switzerland that I last wrote about a couple of years ago. They have been working away on the product since then (having started development in 2004 and released their enterprise components in 2010) and have been refining their business plan at the same time. [...]

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New White Paper: Managing the Next Best Activity Decision

January 20, 2012

I have recently finished a new white paper on Managing the Next Best Activity Decision, sponsored by KXEN.
Every interaction with your customers is an opportunity to build your relationship. It could be a personalized marketing offer or proactive customer service. To make sure this interaction maximizes the value of your customer relationship, many organizations are developing [...]

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Here’s how focusing on decisions aligns analytics and business

January 17, 2012

In a recent article over on All Analytics – Analytics-Business Alignment Needs Work – Beth Schultz discussed a set of Gartner predictions written up by Doug Laney. In particular she highlights Gartner’s finding that companies
cited …aligning BI initiatives with corporate strategy and objectives nearly three times as often as they called out technology-related issues
This is [...]

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Check out my Information Management Column

January 17, 2012

I have recently begun writing a column for Information Management magazine and a new one just published. The magazine is now completely online at www.information-management.com/ and you can follow their twitter feed @infomgmt. Here are my columns so far:

Requirements for Advanced Analytics
How to use decision management techniques to effectively gather the requirements for data mining and predictive [...]

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First Look – Quiterian

January 10, 2012

Quiterian is a Spanish company with offices in the US, Mexico and Europe. Quiterian Analytics aims to be complementary to traditional tools for reporting by helping companies get more value from their data sooner. In particular they aim to help companies anticipate the future by providing simple to use predictive analytics and by empowering users while [...]

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Discount for Predictive Analytics World San Francisco 2012

January 9, 2012

Predictive Analytics World San Francisco 2012 is coming at the beginning of March and as a speaker (I am presenting Five Growth Scenarios for Predictive Analytics in the Cloud on the 5th), a workshop host (Business-friendly Data Mining with Decision Management on the 8th) and a blog partner I have  a discount code for you all. Use DMSBP12 to [...]

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Business rules (Drools) job opening in Ann Arbor

January 9, 2012

A customer of mine is looking for a Drools developer to be based in Ann Arbor, MI:
HealthMedia, a member of Johnson & Johnson’s Family of Companies, is recruiting for a dynamic Java/Drools Developer to join our top-notch software development team, located in Ann Arbor, MI. This talented individual will be building applications using Drools/Java/J2EE (or [...]

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Nice article on predictive analytics in insurance

January 5, 2012

Patrick Sugent wrote a nice article on A Predictive Analytics Arsenal in claims magazine recently. The article is worth a read and, if this is a topic that interests you check out our white paper on next generation claims systems or the series of blog posts on decision management in insurance that I wrote after I did a [...]

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First Look – Talend

January 5, 2012

Talend has been around for about 6 years and the original focus was on “democratizing” data integration – making it cheaper, easier, quicker and less maintenance-heavy. They originally wanted to build an open source alternative for data integration. In particular they wanted to make sure that there was a product that worked for smaller companies [...]

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Start with decisions not with business rules

January 4, 2012

An interesting discussion started on twitter this week with @BigBlueMilky saying “Decision Management is so much more that just using business rules” – something I strongly agree with. @JeffreyGoodReq followed up by adding “But you must start with business rules” and, when I disagreed and said you must start with Decisions added “rules = context [...]

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Giving retail banking customers what they want

January 2, 2012

Jim Davis of SAS had an interesting post back in October - What do retail banking customers want?- in which he talked about the results of some consumer surveys and the banking industry’s response. The three results Jim discussed were clarity and fairness, easy access and quality customer experience. Interestingly I see all three of these [...]

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Are your systems just interfaces to a data structure?

December 29, 2011

Tad Anderson just wrote a great review of Decision Management Systems, my new book, over on his blog on the SOA World Magazine site. Two of his comments struck me particularly. The first summarized what I consider to be the biggest limiting factor in information systems today:
There are not too many systems being created today [...]

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International Institute for Analytics predictions for 2012

December 21, 2011

The International Institute for Analytics predictions for 2012 have been posted to the IIA website. Check out what Tom Davenport, the rest of the faculty and I think about the new year in analytics. And if you are interested in predictive analytics in the cloud (my prediction), go to our company site here.

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Building a predictive enterprise – webinar recording

December 19, 2011

I gave a webinar with AllAnalytics on “Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise” last week and Shawn Hessinger has just published a nice blog post with a summary. The recorded webinar is here and the slide are below and on SlideShare. As I said in the presentation I believe there are 5 key elements [...]

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Definitive Report on Decision Management Systems Platforms coming in 2012

December 15, 2011

2011 has been a great year for market awareness of Decision Management as an approach and of the value of Decision Management Systems. Product, partnership, acquisition and funding announcements have enhanced the available technology. As vendors continue to improve and enhance their product offerings to fully support Decision Management this is only going to reinforce and further [...]

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New podcast about Decision Management Systems

December 15, 2011

Listen to Peter Schoof podcast with James Taylor, head of Decision Management Solutions and the foremost thinker and writer on decision management. James has a new book, Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics, which we discuss in the podcast as well as predictive analytics and BPM.
You can get access to the [...]

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First Look – Starview

December 13, 2011

Starview Inc. have just launched their new platform – Business Analytics and Optimization Platform (BAOP). Growing out of a long standing consulting practice, the company sees an opportunity for a platform aimed at the continuous optimization of decision-making. They are focused on Telco, Finance, Energy and Manufacturing (especially Semiconductor) and they have a vertically-oriented strategy, [...]

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First Look – Update on InfoCentricity Xeno

December 12, 2011

I got an update from InfoCentricity recently. InfoCentricity are a software company focused on delivering a web-based, advanced predictive analytics workbench (Xeno). They were founded back in 2000 have been releasing various components of their Xeno platform since then as well as a first application based on this platform (Campaign Analyzer). Xeno4 is the new [...]

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First Look – Netuitive

December 8, 2011

Netuitive provides predictive analytics for IT. Based in Reston VA and founded in 2002 they have over 50large enterprise customers and 300 more through OEMs. Their solution is designed to prevent degradations and outages to critical applications and services by providing an intelligence layer on top of existing monitoring systems. Companies use the software for [...]

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