Two live events in July on Predictively Enabling Your Organization

July 17, 2014

I am presenting at a couple of evening events in July on Predictively Enabling your Organization. Sponsored by Predixion, these events will introduce you to predictive analytics and will share practical tips on how to leverage predictive analytics to improve results across your business. I’ll discuss the power of Predictive Analytics, how to get started and how to [...]

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40% discount on my book thanks to IBM Press

July 3, 2014

IBM Press is 10 years old this month and to celebrate all books and eBooks are 40% off through the end of July! You can buy my book, Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics and get this discount. Just buy it here and use discount code IBM10YEARS during checkout.

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Decision Management Systems Past and Future: A video

July 2, 2014

A short video in which I discuss the past and future of Decision Management as part of celebrating IBM Press’ 10th year.

I published Decision Management Systems:A Practical Guide to Using Business Rules and Predictive Analytics with IBM Press at the end of 2011 and you can but it direct from IBM Press here or amazon.com here.

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First Look: RulePlex

July 1, 2014

RulePlex is a business rules environment startup based in Orlando FL. The basic product consists of a Rule Manager that allows access to a set of policies. Each policy contains business rules and these rules can be written in different languages – Javascript, C# and Visual Basic with Python and Ruby to follow. Each policy [...]

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First Look: Teradata Aster R

June 26, 2014

While R has become very popular in recent years the fact remains that as an open source product it has some scalability and performance issues (discussed in our paper on Standards in Predictive Analytics for instance). Base open source R is not really designed for the kind of large data volumes, Big Data, that are [...]

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First Look: InRule 4.6 update

June 25, 2014

I last got an update on InRule back in 2011 with v4. They see four pillars to their Business Rules Management System:

Rule Authoring
Rule Storage and Management
Rule Execution
Rule Integration (SDK)

V4 focused on the rule authoring experience and since then they have had a couple of additional releases. 4.1 focused on improving the rule storage and management [...]

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Great Hurwitz Report on Predictive Analytic tools

June 24, 2014

The Hurwitz Group just published their Victory Index for Predictive Analytics. This is a great report on the core predictive analytic vendors written by Marcia Kaufman and Daniel Kirsch. The report covers Angoss, IBM, Megaputer, Pegasystems, Predixion, RapidMiner, Revolution Analytics, SAS, SAP, StatSoft. The report aims to assess four things about each vendor:

Vision – how good the company’s strategy for [...]

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Alteryx Inspire 14 Influencer Summit – Product General Session

June 18, 2014

My final session of the event is George Mathew’s General Session on the product and its roadmap. George recapped Alteryx’s laser focus on data analysts – who make up a big chunk of the audience here – and their focus on making the next best decision. It’s great to see the focus on decision-making not just [...]

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A Q&A on the role of decision modeling in analytics

June 18, 2014

Jim Powell just published a Q&A with me on Using Decision Management to Maximize Analytics. We covered a bunch of things:

What, exactly,is decision management and what does it have to do with advanced analytics?
What’s the history of decision management – where did it come from and does it work?
What kind of decisions are we talking about [...]

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Alteryx Inspire 14 Influencer Summit – A panel of experts

June 17, 2014

The summit continued with a group of newly certified Alteryx Analytic Certified Experts – ACEs. As always with a panel I will just try and capture a few nuggets in no particular order or structure:

The combination of Tableau and Alteryx, in geospatial analysis for instance, is more powerful than either independently. In particular Tableau benefits from [...]

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Alteryx Inspire 14 Influencer Summit – Partner Strategy

June 17, 2014

Next up at the Alteryx Influencer Summit a discussion of their partner program and strategy. This strategy has three parts:

Enable technology partner ecosystem and engage their user base

Extensibility partners like Qlik, Tableau, Revolution, Salesforce
Big Data infrastructure partners like Teradata, cloudera, Pivotal, Hortonworks etc.
Some of these are go to market partners – Qlik, Tableau, Datasift and Revolution [...]

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Alteryx Inspire 14 Influencer Summit – Growth Strategy

June 17, 2014

Next up at the Alteryx Influencer Summit was a discussion of the overall growth strategy from Rick Schultz and Paul Evans (Marketing and Sales). Most of this is under NDA, as you would expect, but Alteryx was willing to discuss how they have been improving their customer acquisition approach:

A laser focus on the business analyst as their #1 [...]

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Alteryx Inspire 14 Influencer Summit – Alteryx 9 and beyond

June 17, 2014

Paul Ross kicked off the Alteryx Influencer Summit by reiterating Alteryx’s focus on their core audience – analysts in the line of business. Alteryx wants to empower these analysts and is investing in its tools and strategy with this in mind. First up was George Matthew talking about market and product strategy (mostly under NDA).
Alteryx [...]

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IBM Big Data & Analytics: Internet of Things and Predictive Maintenance

June 12, 2014

Last breakout session at the IBM Big Data and Analytics day in on the Internet of Things and Predictive Asset Maintenance. The IoT is creating new opportunities in all sorts of industries from route optimization to border control, power management in buildings to managing ATM infrastructure. Increasingly organizations want to respond in real-time to things being detected [...]

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IBM Big Data & Analytics: Predictive Customer Intelligence

June 12, 2014

IBM recently introduced a Predictive Customer Intelligence solution. Like the counter fraud solution earlier, this is one of IBM’s multi-product and services signature solutions. The focus of this solution is the increasing need to be truly customer-centric, focusing marketing on individual customers not on segments or campaigns, not on pre-existing mental models or ideas. This matters [...]

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IBM Big Data & Analytics: Analytics and Fighting Fraud

June 12, 2014

An update next on IBM’s solution for counter-fraud.  For IBM fraud involves an intentional act that misrepresents and is both illegal and designed for financial gain. They further divide this into organized and opportunistic fraudsters for whom different kind of detection is required. Fraud is growing problem because:

Fraud schemes are increasingly sophisticated with organized crime moving it [...]

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IBM Big Data & Analytics: Watson and Cognitive Computing

June 12, 2014

Continuing the IBM Big Data and Analytics event we come to Watson. Watson is designed to understand natural language, human-style communication. Watson then trawls through a potentially very large amount of material to create and score some hypotheses as answers for these questions and returns them. With each interaction it also learns what works, what the better answer [...]

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IBM Big Data & Analytics: Transform adoption with cloud

June 11, 2014

Cloud, says IBM, is changing people’s expectations – they want the same kind of pricing, time to value, flexible access, ease of install for analytics that they get from other cloud applications. IBM is therefore very focused on delivering analytics in the cloud through a mixture of private, public and hybrid clouds. They are going to use [...]

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IBM Big Data & Analytics: Deepen Business Relevance

June 11, 2014

Glenn finch and John Murphy talked about deepening business relevance. The challenge, he says, with much of the work around analytics and data is how easily it drops into discussions of security, integration, scalability, performance etc. What clients care about though is business relevance – business value – being created by the use of this plumbing. [...]

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IBM Big Data & Analytics: Redefine the experience

June 11, 2014

Alistair Rennie came up next to talking about how IBM is redefining the analytic experience. Some of this is “in the labs” and so may or may not show up in future products. From an experience point of view IBM sees some tension between the IT and business folks in an organization – the business [...]

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