Decision Management

IBM Analytical Decision Management Update 2015

April 29, 2015

I last got an update on SPSS early last year. In March 2015, IBM released an update for the complete set of products in its advanced analytical portfolio. Analytical Decision Management (ADM) is positioned as part of this portfolio of predictive and prescriptive analytic tools.
IBM’s advanced analytic portfolio is focused on having meaningful impact on […]

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Decision Modeling now standard for Business Analysts

April 28, 2015

If you are a business analyst and a member of the International Institute of Business Analysis (IIBA) then, like me, you have been waiting for the new version of the Business Analyst Body of Knowledge or BABOK to be released. A little while back this wait was finally over and BABOK 3 was released (details here). If you […]

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Online Training: Decision Modeling with DMN

April 27, 2015

[ May 12, 2015 to May 14, 2015. ] I am giving live Online training on Decision Modeling with DMN, May 12 – 14, 2015 10:00 am – 11:30 am PDT each day

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 business rules and predictive analytic projects. With decision […]

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Tutorial Workshop at BBC: Business Analysis and Architecture with Decision Modeling

April 22, 2015

[ November 2, 2015; 1:30 pm to 4:30 pm. ] I am giving a workshop tutorial at BBC 2015 on Business Analysis and Architecture with Decision Modeling Monday November 2, 1:30pm:
The proven technique of decision modeling is fast becoming the go-to approach for extending business architectures and system requirements to include business decisions. Modeling business decisions as peers to business processes is central to accurately conceptualizing, […]

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First Look: Erudine Behaviour Engine Update

March 12, 2015

A long time ago I came across a company called Erudine and blogged about the Erudine Behaviour Engine. At that time, Erudine came out of the defence, aerospace and nuclear power industries where the slightest mistake can lead to disaster. Today, Erudine’s more recent focus has been in the banking, financial services and investment sectors. […]

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Decisions, Decision Management and an architecture for digital transformation

March 11, 2015

Ray Wang of Constellation Research published a report early this year “The Elements of Business Architecture for Digital Transformation.” In the report Ray identifies some interesting boardroom priorities (this is just some of them):

Consistent Customer Experience
Mass automation
Insights-driven business models
Cost-effective regulatory compliance

All of these are reasons given by our clients as they invest in Decision Management and in […]

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Webinar: Framing Analytic Requirements with Decision Modeling

March 4, 2015

[ April 2, 2015; 9:00 am to 10:00 am. ] I am giving a webinar on “Framing Analytic Requirements with Decision Modeling” April 2, 9am Pacific/Noon Eastern:
One of the most important steps in a predictive analytic effort is correctly framing the problem a way that creates a shared understanding of the business problem across business, IT and analytics teams. Established analytic approaches such as CRISP-DM stress the […]

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First Look: Predixion 4.0

February 11, 2015

Predixion released 4.0 of Predixion Insight in October 2014 and I got a product update recently. First, some quick background on Predixion: They started back in 2009 based in California and Washington and recently added an office in Europe. 70 employees now with a core set of partners and investors. Their focus is on making […]

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Free Version of Decision Modeling Software DecisionsFirst Modeler Now Available

February 3, 2015

At Decision Management Solutions we have a long history of providing free resources to help drive the adoption of Decision Management, Decision Management technology and Decision Modeling. Today we continued this with our announcement of a free version of our decision modeling software, DecisionsFirst Modeler.
The free Basic Version delivers user-friendly, DMN standards-based graphical decision models for up […]

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Decision Modeling book – free chapter

February 2, 2015

As you may know, Tom Debevoise and I recently published The MicroGuide to Process and Decision Modeling in BPMN/DMN: Building More Effective Processes by Integrating Process Modeling with Decision Modeling. The Business Process Model and Notation, BPMN 2.0, has established itself as the dominant standard for process modeling since its release in 2011. The publication […]

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Webinar: Decision Modeling for Decision Led Analytics

February 2, 2015

[ February 19, 2015; 9:00 am to 10:00 am. ] I am giving a webinar on Decision Modeling for Decision Led Analytics, February 19 at 9am Pacific.
Organizations today are turning to analytic capabilities to drive decision-making. But with the different types of decisions that need to be made, multiplied by the different types of BI and analytic capabilities available, it can be difficult for organizations […]

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Analytics Capability Landscape: Style-based

January 29, 2015

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Finally style-based:
With a clear understanding of the decision […]

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Analytics Capability Landscape: Role-centric

January 28, 2015

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Next up role-centric:
Decision-making problems can be solved in […]

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Analytics Capability Landscape: Decision-led

January 27, 2015

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. First decision-led:
Given the focus we saw earlier […]

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First thoughts on the OpenText/Actuate acquisition

January 22, 2015

Last week OpenText acquired Actuate and their CEO, Mark Barrenechea, blogged about the acquisition. As Mark says “analytics are a hot technology” so mergers and acquisitions in the analytic space are to be expected. With OpenText‘s focus on Enterprise Information Management and its strong content management capabilities, an analytics firm like Actuate makes good sense. OpenText already had content management, business process […]

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Analytics Capability Landscape: The importance of decisions

January 22, 2015

It’s clear when you analyze analytic capabilities that there are three main reasons people use analytics:

A need to report on some aspect of the organization
A need to monitor the organization’s behavior or performance
A need for the organization to make data-driven decisions

As part of my recently completed research on the analytic capability landscape, we did an interesting […]

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New research on identifying the right analytic capabilities for success

January 20, 2015

I have recently completed some research on the increasingly broad portfolio of analytic capabilities available today. These capabilities range from traditional Business Intelligence (BI) capabilities like reporting and ad-hoc query to modern visualization and data discovery capabilities as well as data mining and advanced analytics. These capabilities are often presented as part of a maturity curve, where […]

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Webinar: Making the Best Decisions Possible with Enterprise Decision Management

January 15, 2015

[ February 19, 2015; 11:00 am to 12:00 pm. ] I am giving a webinar for the International Institute for Analytics at 2:00pm ET on February 19 “Making the Best Decisions Possible with Enterprise Decision Management”
We all make tactical and strategic decisions every day. With the presence of big data, are we making the right or the best decisions possible as data volume, velocity and […]

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New podcast on decision modeling and DMN

January 2, 2015

Joe Dager of Business901 interviewed me for his podcast series recently – check out The systems and processes of Decision Management. In it we talk about Decision Management, Decision Modeling with the new Decision Model and Notation standard and more. You can also download the MP3, check out the Business901 iTunes Store, the mobile version or the Android APP.
If you […]

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Kick off the new year with DMN training

December 31, 2014

Happy New Year everyone. Now that the Decision Model and Notation standard (DMN) has been approved by the OMG, why not kick off the new year with our online training in Decision Modeling with DMN? Still time to register – class starts on Tuesday January 6!

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