Decision Management

Decision CAMP 2014: Decision Management 101

September 30, 2014

[ October 13, 2014; 1:00 pm to 3:00 pm. ] Decision Management is both an approach and a technology stack. In this opening day workshop at Decision CAMP 2014, Decision Management consultant and author James Taylor will introduce both.

We’ll begin with the discovery and modeling of suitable decisions, move into the construction of decision services and wrap up with the importance of decision analysis for [...]

Read the full article →

WEBINAR: Making Decisions at the Velocity of Change

September 29, 2014

[ October 29, 2014; 11:00 am to 12:00 pm. ] I am giving a webinar with Emericon on October 29 at 2pm ET/11am PT on Making Decisions at the Velocity of Change
Many leading organizations see the need to align business and IT to better meet market demand. The velocity of change is continually increasing and organizations are expected to keep pace to stay competitive and relevant. [...]

Read the full article →

New Decision Management MarketScape from IDC

September 15, 2014

Brian McDonough has been writing (with Dan Vesset, Steve Hendrick, Henry Morris and others) on Decision Management at IDC for many years and he has recently published an IDC MarketScape: Worldwide Decision Management Software Platform 2014 Vendor Assessment. The report has an IDC MarketScape figure, IDC’s opinion on the Decision Management market, process and software as well as some [...]

Read the full article →

Help us with some research on mobile platform capabilities

September 15, 2014

Sandy Kemsley (of column2.com fame) and I are doing some research into the potential for BPM and Decision Management technology in mobile application development. As part of this research we are gathering information on the use, development and support of mobile applications and we would like your help – we would like you to take our survey:
surveymonkey.com/s/smartermobile
The [...]

Read the full article →

Webinar: Don’t Move Your Data: Deeper Analysis, Faster Results, Lower Cost

September 8, 2014

[ October 1, 2014; 10:00 am to 11:00 am. ] I am giving a webinar on October 1, 2014  at 1:00 p.m. Eastern / 10:00 a.m. Pacific with Teradata on Don’t Move Your Data: Deeper Analysis, Faster Results, Lower Cost
Are your analysts spending too much time and effort analyzing growing data volumes? Free your analysts from the limitations and restrictions of the traditional analytic architecture that [...]

Read the full article →

Challenges Scaling Open Source R – Part 2

September 4, 2014

I recently did some research on the requirements for enterprise-scale analytics and the challenges of using open source R in this context. In my first post (Requirements for Enterprise Scale Analytics with R – Part 1) I outline some of the requirements I see for enterprise scale analytics. In this second post I will discuss the challenges of R [...]

Read the full article →

Webinar: Engaging Business Users with Drools

September 2, 2014

[ October 8, 2014; 10:00 am to 11:00 am. ] I am giving a webinar on Engaging Business Users with Drools with our partner, Plugtree, on October 8 at 10am Pacific/1pm Eastern:
Drools is a technically strong, high performance Business Rules Management System (BRMS). Drools has editors that can be configured so business analysts and business users can maintain and update business rules but many organizations trying [...]

Read the full article →

Requirements for Enterprise Scale Analytics with R – Part 1

September 2, 2014

I recently did some research on the requirements for enterprise-scale analytics and the challenges of using open source R in this context. In this first post I wanted to outline some of the requirements I see for enterprise scale analytics and in a second post I will discuss the challenges of R in that context.
As advanced analytics, [...]

Read the full article →

MITSloan Article: Four traps of predictive analytics

August 27, 2014

Michael Fitzgerald wrote a great piece of the MIT Sloan Management Review this week – The Four Traps of Predictive Analytics. Michael saw me present at an event for Predixion in Boston and then went on to chat with me a couple of times. It’s a great piece, highlighting four critical issues around predictive analytics:

The need [...]

Read the full article →

White Paper of the Week: The Case for Centralized Customer Decisioning

August 25, 2014

This week’s white paper is an oldie but goodie – The Case for Centralized Customer Decisioning

An Imperative for Every Channel, Every Interaction
Marketing understands customers better than any other single group, and should own customer treatment decisions.
As marketers strive for a genuine dialogue with their customers, an interactive and personalized experience that builds brand and develops relationships, [...]

Read the full article →

IIBA Webinar: Improve Your Process Models by Modeling Decisions

August 21, 2014

[ September 18, 2014; 8:00 am to 9:00 am. ] I am giving a webinar on Improve Your Process Models by Modeling Decisions for the IIBA on September 18 at 11am Eastern:
Business analysts know that modeling business processes, rather than writing about them, defines them more accurately. Business process models make it easier to validate requirements, easier to see opportunities for improvement and easier to manage the [...]

Read the full article →

Some thoughts on KDNuggets’ top trends ahead of Strata Hadoop NYC

August 21, 2014

Gregory over at KDNuggets had an interesting post with some Top Analytics and Big Data trends ahead of Strata Hadoop NYC Conference based on input from their readers. Three trends struck me:

The challenge of communicating complex analyses to non-technical clients/partners
We are having increasing success using logical decision models to show how data and analytics drive better decision making. [...]

Read the full article →

First Look Progress Corticon 5.4 Update

August 19, 2014

It’s been a while since I had an update on Progress Corticon – the last time was an update for v5.2 back in 2012.
Progress Corticon is a mainstream Business Rules Management System with the usual Corticon Studio, Corticon Server and Corticon Enterprise Data Connector. In addition there is the Corticon BRMS for OpenEdge, linking Corticon [...]

Read the full article →

Interview on Ugly Research

August 18, 2014

Tracy Altman (@EvidenceSoup), who I interviewed here, interviewed me for her blog recently. We talked decisions, decision management and analytics. You can find the interview on the Evidence Soup blog here.
Enjoy.

Read the full article →

Decision Management and a business perspective on Big Data

August 14, 2014

Check out this article – Business leaders need Rs not Vs: The 5 Rs of Big Data. I met Merritt,the author, at the TDWI Solution Summit on Advanced Analytics this spring. In the post, and in his subsequent work, he makes some great points.
I really like his 5Rs and think they illustrate the power of Decision [...]

Read the full article →

Seth Godin: No Analytics without Action!

August 12, 2014

One of my students at UCI pointed me to this great Seth Godin post:
Don’t measure anything unless the data helps you make a better decision or change your actions.
If you’re not prepared to change your diet or your workouts, don’t get on the scale.
Seth’s always worth listening too (I regularly quote his blow up your home [...]

Read the full article →

Live Event: Speaking on Decision Management at the GenRe Summit

August 7, 2014

[ October 6, 2014; ] I am speaking on October 6th at this year’s GenRe summit for the US life and Health insurance industry in Charleston, SC. The program covers innovation, analytics, agility, transformation and much more. I am delighted to be one of the speakers this year and I will be speaking about decision analytics and the importance of focusing on operational [...]

Read the full article →

Measurement, behavior, decisions and KPIs

August 7, 2014

One of the students on my UCI Class Business Goals for Predictive Analytics quoted his mentor in a discussion we were having about cross-referencing metrics or KPIs with the decisions that influence them.
 
Only measure those things you are willing to change and be willing to change the things you measure.
 
I really liked this quote because [...]

Read the full article →

Live Event: Insurance Analytics Symposium 2014: Industrializing Analytics

August 5, 2014

[ October 17, 2014; 6:45 am to 7:15 am. ] I am speaking on Industrializing Analytics for Better Decisions Everywhere at the Insurance Analytics Symposium in New Orleans, October 17.
Insurers of all sizes know they must adopt analytics, especially predictive analytics, to maximize the value of their customers, manage risk and compete effectively. One-off, ad-hoc approaches to analytics can demonstrate the value of analytics but [...]

Read the full article →

Webinar: Getting Started with Decision Discovery

August 4, 2014

[ September 9, 2014; 10:00 am to 11:00 am. ] I am giving a webinar with Juergen Pitschke, our partner in Germany, on Getting Started with Decision Discovery September 9 at 10am Pacific.
The path to a better bottom line is paved by large numbers of operational decisions made by people, by processes and by software applications. Systematically improving each operational decision – at scale – is [...]

Read the full article →