From the category archives:

Data Mining

First Look – Angoss 7

June 11, 2009

Angoss has just released a new version of their data mining and predictive analytics software, version 7.0. Key themes for 7 were:

Optimization
Mining enhancements like data weighting, in-database analytics, new statistics
Support for more complex IT environments
Usability

Angoss has long supported the development of strategies or decision trees – models that define the relevant customer segments for a [...]

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Here’s how to prevent mistakes in analytic projects with decision management

June 8, 2009

Syndicated from ebizQ
Robert Grossman had a nice post – Five Common Mistakes in Analytic Projects that made me think about the role of decision management in putting predictive analytics to work. Of Robert’s 5 mistakes, 3 are directly addressed by decision management:

There is not a good plan for deploying the model
Because decision management is focused [...]

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Decision Management Event Calendar

June 5, 2009

I have decided to start running a post at the end of the week highlighting relevant web events for the following week. If you work at a vendor and want to tell me about yours, please send me an email at james@decisionmanagementsolutions.com. Likewise if you hear of something you think other readers of the blog [...]

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First Look – Pervasive DataRush

June 4, 2009

Pervasive is a global software company with 200+ employees that has been profitable for the last 8 years and best known for btrieve (now Pervasive PSQL) and their data integration products. The company is busy expanding into new markets and Pervasive DataRush is one of their new products. They see a new generation of data [...]

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Here’s how micro decisions turn blasting into targeting

May 29, 2009

Ginger Conlon had a nice post this week – Don’t Blast. Target. – Think customers: The 1to1 Blog.
many marketers are still drawn to the ease of blasting to a broad audience, instead of targeting for maximum impact among those most likely to respond
If you are trying to make this transition from blasting to targeting – [...]

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Data is still defensible

May 13, 2009

Syndicated from BeyeNetwork
In Is Data a new defensibility? Abhishek Tiwari argues that even data is not defensible any more. He argues that data integration and the use of new sources of data are key skills but that companies cannot use unique data to differentiate because there is too much data and too much of it [...]

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Interesting Panel at KDD 2009

May 12, 2009

Mike Zeller of Zementis is hosting an interesting panel for those of you attending the summer KDD in Paris (details here). The panel is going to discuss PMML with
a particular focus on the practical use of statistical algorithms, reliable production deployment of models and the integration of predictive analytics within other systems
Check out the details [...]

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Rogue Wave Software Acquires Visual Numerics

May 5, 2009

Visual Numerics, a company with some interesting embeddable analytic products (reviewed here and here) has just been acquired by RogueWave, an embeddedble software component company. Details, such as they are, are in the press release. RogueWave’s focus on C++ make them an obvious home for the components VNI has been developing and RogueWave even has [...]

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First Look – SPSS PASW Decision Management Solutions

May 1, 2009

SPSS Inc. likes to say they focus on helping customers capture all the information they need, predict outcomes and then, using their Decision Management products, act on these insights by embedding analytic results into business processes. Within this family, the PASW Decision Management tools add actions, business rules, to analytics to enable action to be [...]

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Do not underestimate the need for automation in decision making

April 20, 2009

Tom Davenport wrote a nice piece last year that recently showed up on my radar – 10 Principles of the New Business Intelligence – on HarvardBusiness.org. His first principle was particularly good:
Decisions are the unit of work to which BI initiatives should be applied.
Whether you are just looking to make your reporting and dashboards more [...]

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New Webinar on Putting Predictive Analytics to Work

April 16, 2009

I just gave a webinar with the folks over at Better Management.com on Putting Predictive Analytics to Work. We had over 400 register – which was great – and I hope everyone who attended found it useful. If you did not hear it, check it out – the recording is available here. I also have [...]

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Business Analytics and IBM

April 15, 2009

Syndicated from BeyeNetwork
I participated in a panel at IBM’s launch of its new Business Analytics and Optimization service line this week. I wrote a quick post to go with the launch and having attended and heard the IBM folks talk about it and had a chance to talk with some of them I thought a [...]

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First Look – New Visual Numerics products

April 8, 2009

I got a second look at VNI’s product this week – I took a first look last year. VNI has been continuing to OEM its products to folks from around the world. Their customers are in many different areas like Investor Analytics (SaaS for financial risk management optimization), Moore Nanotechnology Systems machinery and RiskMetrics Group [...]

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First Look – KNIME

April 7, 2009

I got a chance to chat with the folks from KNIME recently to discuss their workbench. KNIME is essentially a workbench to define the pipeline of operations you want throw at your data, typically as part of doing analytic work. It allows you to do complex things to the data and document your process – [...]

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First Look – SPSS Predictive Analytic Software 13

April 6, 2009

Today SPSS Inc. announced new product releases and new naming for its product families. Predictive Analytics Software (PASW) is the new umbrella and the four families are layered below this. The four families are Data Collection, Statistics, Modeling, and Deployment. This week’s enhancements are to the modeling family. In addition, Clementine becomes PASW Modeler 13 [...]

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Accuracy not just confidence – some thoughts after attending SAS Global Forum 2009

March 24, 2009

Syndicated from BeyeNetwork
I spent a couple of days with thousands of SAS users this week at the SAS Global Forum 2009. There were some great sessions and, as usual with SAS, some terrific customer stories and I suspect I will write a couple of posts. This post, though, is about the theme – Leading with [...]

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Integrating data and text analysis

March 12, 2009

Josh Becker of SubZero Wolf and Dave Froning of SAS presented on integrating text analytics and data analytics to make an impression. Text analytics has a lot of potential but success stories are not as widespread as you would think they should be nor are there many stories of operationalizing text analytics. The challenge, Dave [...]

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First Look Tavant

March 6, 2009

Some weeks back I got a review on Tavant, a 700 person IT services and solutions company with a focus in financial services (mortgage, trading and security), ebusiness and Service Operations such as warranty management. I was interested in their warranty product as part of my research into the warranty claims space. The product – [...]

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Here’s what different in next generation warranty systems

March 5, 2009

Continuing some posts on next generation warranty systems in the build up to speaking at the Warranty Chain management conference I thought I would contrast how current generation warranty systems handle critical decisions with how next generation systems do so.

Decision
Today
Next Generation

Is Claim Valid?
Data validation rules are coded into the user interface that captures [...]

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19th Century Decision Management

March 4, 2009

Syndicated from ebizQ
John Reynolds over on the Thoughtful Programmer had a great post a little while back – 19th Century BPMS. In it he said
I sometime find it useful to describe a BPMS in terms of things and people that you probably would have found in an office or factory in the 1890s
This struck me as [...]

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