Data Mining

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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Webinar: Up Your R Game

July 15, 2014

[ July 29, 2014; 10:00 am to 11:00 am. ] I am giving a webinar Up Your R Game with Bill Franks of Teradata on July 29th at 1pm Eastern time:
Open source R is no longer a fad or a tool used in the academic world. According to the Rexer survey,* R is the analytic software of choice for data scientists, business analysts, and data miners [...]

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Live Event: Predictively Enabling Your Organization (Chicago)

July 15, 2014

[ July 30, 2014; 2:00 pm to 5:00 pm. ] I am speaking at a Predixion hosted event on Predictively Enabling Your Organization, 4-7pm on July 30 in Chicago:
Predictive Analytics are something every organization wants – the potential pay-off is huge – but not every organization understands how to leverage them correctly. James Taylor, an analytics expert and author, will simplify it for you by sharing [...]

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Webinar: How Global Leaders are Achieving Success with Predictive Analytics in the Cloud

July 14, 2014

[ July 24, 2014; 11:00 am to 12:00 pm. ] I am giving a webinar with FICO on How Global Leaders are Achieving Success with Predictive Analytics in the Cloud, July 24th at 2pm Eastern.
Analyst James Taylor answers the question: Are Companies Adopting Predictive Analytics in the Cloud? And, if so, how are they approaching it and overcoming obstacles to success?

Mr. Taylor recently surveyed hundreds of [...]

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Live Event: Predictively Enabling Your Organization (Boston)

July 11, 2014

[ July 23, 2014; 1:00 pm to 4:00 pm. ] I am speaking at a Predixion hosted event on Predictively Enabling Your Organization, 4-7pm on July 23 in Boston:
Predictive Analytics are something every organization wants – the potential pay-off is huge – but not every organization understands how to leverage them correctly. James Taylor, an analytics expert and author, will simplify it for you by [...]

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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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Live Tutorial: Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics

June 30, 2014

[ November 2, 2014; 10:30 am to 1:30 pm. ] I am giving a tutorial on Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics at this year’s Building Business Capability conference in the afternoon of Sunday November 2.
Decision Modeling has recently been added to the Business Analyst Body of Knowledge® Guide v3 while a new standard, the Decision Model and Notation standard, [...]

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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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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 – 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 – 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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Webinar: 6 Opportunities for Business Improvement with Decision Management

June 13, 2014

[ June 18, 2014; 9:00 am to 10:00 am. ] I am giving a webinar at 9am Pacific on June 25 – “6 Opportunities for Business Improvement with Decision Management”
What opportunities are you looking for to improve your business performance? In this webinar you will learn six opportunities that are readily available when you adopt a decision management approach to business rules and predictive analytics. [...]

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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: Customer Panel

June 11, 2014

Next up is a client panel with Verizon, FleetRisk Advisors and UBS AG.

Verizon has created a specific Big Data and Analytics R&D group to diversify their portfolio of services, looking for new opportunities in data and analytics to leverage Verizon’s DAILY 12PB of data.
FleetRisk Advisors is a business founded on predictive analytics for the trucking industry that rapidly [...]

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IBM Big Data & Analytics: Transforming Industries with Data

June 11, 2014

Beth Smith and Fred Balboni kicked things off at the IBM Big Data & Analytics Summit. IBM has been making big investments in data, Big Data and analytics. Increasingly they see customers using data for competitive advantage in new ways, taking advantage of the cloud for development and deployment. In particular they see their customers using [...]

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PegaWorld – Rob Walker, Decision Management and 1:1 Customer Engagement

June 10, 2014

Rob Walker kicked off day 2 of PegaWorld talking about Decision Management and the role of analytics in customer engagement. He began by talking about John Boyd and his theory of engagement – the OODA loop – Observe, Orient, Decide and Act (something I referenced in Decision Management Systems: A Practical Guide to Using Business Rules and [...]

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