Using Decision Management to avoid pointless and reckless

August 11, 2015

John Boyd, author of the OODA Loop (Observe, Orient, Decide, Act) once said
Decisions without actions are pointless. Actions without decisions are reckless
This seems to me to be a clarion call for Decision Management and its combination of operational and analytic systems into Decision Management Systems:

A typical analytic system, a Business Intelligence or dashboard system for instance, […]

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Upcoming Decision Management and Decision Modeling Training Opportunities

August 10, 2015

If you are interested in Decision Management or Decision Modeling with the new Decision Model and Notation (DMN) standard, check out these three training opportunities:
Online Training: Introduction to Decision Management August 25-27, 10:00-11:30am Pacific
This 3-part online live training class will prepare you to adopt Decision Management or expand existing business rules/analytic efforts into true Decision Management […]

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New IIA research brief on framing analytic requirements

August 6, 2015

I am faculty member for the International Institute for Analytics (IIA) and recently completed a new research brief on Framing Requirements for Predictive Analytic Projects with Decision Modeling. The Research Brief is behind the paywall for IIA clients with an Enterprise Research Subscription. If you are interested in IIA membership and the research that IIA produces check out the site. IIA does a […]

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White Paper of the Week: Framing Analytic Requirements

July 20, 2015

I have been thinking a lot about using decision modeling for advanced analytic projects recently as we have several clients in this area as well as a number of users of DecisionsFirst Modeler in this space. So much so I thought I would do a white paper of the week  for our paper on Framing Analytic […]

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Gartner talking Decision Management and real-time analytics

June 24, 2015

Roy Schulte of Gartner gave a webinar last week on “Best Practices for Real-Time Analytics and Decision Management”
Digital business is driving CIO and senior IT leader awareness of decision management, an emerging discipline comparable to data management and business process management. Decision management improves business effectiveness by embedding real-time analytics and business rules into the […]

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White paper of the week: Maximizing the Value of Business Rules (Updated)

June 22, 2015

We have just released an updated version of Maximizing the Value of Business Rules
Components of a BRMSDecision Management streamlines and focuses business rules projects for faster, more effective deployment.
Business Rules Management Systems (BRMS) deliver on the promise of costs savings, agility and happy customers. Yet for many organizations, these efforts remain point solutions. Decision Management is […]

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Live Training in the UK in July: Decision Management and Decision Modeling

June 18, 2015

Our Partner Azinta is running a Decision Management and Decision Modeling class in the UK in July:
Decision modeling with the new Decision Model and Notation (DMN) standard is fast becoming the definitive approach for building more effective processes and for specifying requirements for projects that integrate process models, business rules and predictive analytics.  Watch this […]

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Decision Modeling – a technique for Process Modelers

June 15, 2015

Paul Harmon of BPTrends had an interesting post last month – What Techniques Should a Process Methodology Support? – that made me want to make a pitch for decision modeling as a core technique for process modelers. In his article he quotes a friend as saying that this friend
“didn’t include Decision Management (or Business Rules) in process, but […]

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Teradata Aster AppCenter #td3pi

June 4, 2015

John Thume wrapped up the day with a session on Aster Operationalizing Analytics and the new Aster AppCenter. Success in Big Data Analytics requires several things he said:

It’s all about People and Process not technology he says. The technology has evolved hugely but the people and the process they have to change remain challenging.
Aster is […]

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Teradata Aster Comments #TD3PI

June 4, 2015

Randy Lea came back on o talk about Teradata Aster. He started by re-emphasizing what he sees as the value of big data and big data management. Teradata, he says, has a strong infrastructure for acquisition, integration and access to data. Adding Big Data into this environment is about allowing data to be landed quickly […]

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Real Time Big Data #TD3PI

June 4, 2015

Another Think Big employee came up to talk about real-time big data especially around event analytics. Real-time, he says, is generally something happening in a second or so not minutes or hours. Might be push or pull but what matters is the time from data in to data out. Real-time responses, he pointed out,  need […]

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Teradata Listener #TD3PI

June 4, 2015

Continuing at the Teradata Influencers event with a discussion of Teradata Listener. Teradata Listener provides real time streaming data support., intending to make it easy to allow multiple projects in an enterprise to listen to streaming data, capture it and make it available for later analysis. It’s based on open source and software only. It […]

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Teradata Unifed Data Architecture #TD3PI

June 4, 2015

Next up is Randy Lea with a discussion of Teradata’s UDA – Unified Data Architecture. The challenges of managing and analyzing data have not really changed in years – people still worry about complexity, volume and ease of analysis just like they always have. Competitive differentiation continues to require management  of data and delivery of […]

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Teradata Strategy Overview #TD3PI

June 4, 2015

Day two of the Teradata Influencers event started with Hermann Wimmer, co-president. Hermann gave us an introduction to the overall company strategy. Teradata has two co-presidents, one focused on data and analytics and one focused on marketing applications with some shared services. This allows  them to focus on the three markets there see for their […]

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Teradata Marketing and MGM #td3pi

June 3, 2015

Next up was a discussion of the Teradata Marketing applications with a presentation from MGM Resorts. I wrote about their marketing solutions back in 2013. These solutions have evolved and include in-house and acquired technology like Market Helm, Aprimo and others. These solutions are designed to bring cross-channel consistency and customer specificity. Individualization, real-time interaction, […]

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Teradata Technology Innovation #TD3PI

June 3, 2015

I am attending the Teradata Influencers Summit in lovely Del Mar, California. First up is Oliver Ratzesberger, Senior VP of Software, to talk about recent technology innovations and technology strategy. Oliver highlighted some of the key trends and themes for Teradata. He began with a maturity model for “the sentiment enterprise” (video here):

Agile Data Platform
Managed […]

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Updated white paper on improving claims processing with Decision Management

May 26, 2015

We have just posted a new white paper on Next Generation Claims Systems
Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and reduce costs. Insurers can achieve significant speed-to-market gains, reduce fraud and create innovative new claims processes.
Today’s insurance claims systems deliver value to […]

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