Decision Management

Update on Predictive Analytics in the Cloud

August 31, 2011

Our Predictive Analytics in the Cloud research is moving forward. We announced this multi-stage, multi-client project a week ago and are busy developing the survey (plan is to launch this mid-September) and the initial position paper. I’ve had some great interviews with our sponsors (Clario Analytics, FICO, Opera Solutions, Predixion Software, SAS, Teradata, and Toovio) [...]

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Here’s how to use Decision Management to improve cross-channel experience

August 29, 2011

Retailing today had an interesting article – “Best Buy, Sears, Target tops in cross-channel performance” – about the importance and challenges of becoming a cross-channel retailer. I was struck by the potential of Decision Management Systems to improve cross-channel experiences in a couple of key areas:

60% had inconsistency across in-store and online promotions;
Obviously inconsistency is [...]

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Speaking at IBM Business Analytics Forum: Decisions that drive success

August 25, 2011

[ October 24, 2011; 2:15 pm to 3:15 pm. ] I am participating, with Rob Risany of IBM and Martin O’Connor of Equifax, on a panel to discuss “Decisions that drive success: focusing on the point of interaction”. The panel is at 2:25pm on Monday October 24 at IBM’s Business Analytics Forum.
Analytics only provide value if they help your decision makers. In this interactive workshop, [...]

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Webinar: How to build Decision Management Systems – Part 3 Decision Analysis

August 23, 2011

[ November 29, 2011; 10:00 am to 11:00 am. ] Decision Management Systems are the next generation of information systems. Agile, analytic and adaptive, Decision Management Systems put business rules management systems, predictive analytics and optimization to work improving the effectiveness and efficiency of your operations. Decision Management Systems are agile – easy to change, easy to keep compliant and transparent in their behavior. They [...]

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Webinar: How to build Decision Management Systems – Part 2 Decision Services

August 23, 2011

[ October 27, 2011; 10:00 am to 11:00 am. ] Decision Management Systems are the next generation of information systems. Agile, analytic and adaptive, Decision Management Systems put business rules management systems, predictive analytics and optimization to work improving the effectiveness and efficiency of your operations. Decision Management Systems are agile – easy to change, easy to keep compliant and transparent in their behavior. They [...]

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Webinar: How to build Decision Management Systems – Part 1 Decision Discovery

August 23, 2011

[ September 21, 2011; 10:00 am to 11:00 am. ] Decision Management Systems are the next generation of information systems. Agile, analytic and adaptive, Decision Management Systems put business rules management systems, predictive analytics and optimization to work improving the effectiveness and efficiency of your operations. Decision Management Systems are agile – easy to change, easy to keep compliant and transparent in their behavior. They [...]

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Webinar Series: How to build Decision Management Systems

August 23, 2011

I will be hosting a three part free webinar series How to Build Decision Management Systems this Fall.
Decision Management Systems are the next generation of information systems. Agile, analytic and adaptive, Decision Management Systems put business rules management systems, predictive analytics and optimization to work improving the effectiveness and efficiency of your operations. Decision Management [...]

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Decision Management related events Fall 2011

August 23, 2011

This is an update of an earlier post on Decision Technology Events for October 2011
There are a number of great events related to Decision Management themes and technology platforms this Fall.  Here’s my list so far:

Computerworld BI & Analytics Perspectives 2011, 18-20 September, Phoenix, AZ @BIAPCW
I am giving the opening keynote “From Business Intelligence to Predictive [...]

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Webinar: Active Decisions for the “Aware” Organization

August 23, 2011

[ September 29, 2011; 10:00 am to 11:00 am. ] I am giving a webinar on Active Decisions for the “Aware” Organization with RedHat on September 29  at 10am Pacific.

Organizations need systems that allow them to respond to fast changing conditions. These systems must be easy to change as requirements change and be able to respond to what is happening in real-time. Rules-based decision management systems [...]

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Predictive Analytics in the Cloud

August 23, 2011

We announced are newest research today – Predictive Analytics in the Cloud. This is a multi-stage, multi-client project that will run over the next few months. We’ve had strong interest and have a great set of sponsors that should be familiar to readers from our First Looks – Clario Analytics, FICO, Opera Solutions, Predixion Software, [...]

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SAS Forum Netherlands 2011 Keynote – Transforming your business with analytics

August 22, 2011

[ October 5, 2011; 5:00 am to 6:00 am. ] I am giving a keynote on “Transforming your business with analytics” at at SAS Forum Netherlands 2011 on October 5, 2011.

The power of analytics lies in its ability to transform decision-making. Focusing on decisions, especially on operational decisions, focuses advanced analytics to drive measurable business results. By delivering the right action at the right time, [...]

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CIOs are getting serious about business rules and decision management

August 18, 2011

My friends at Corticon had an interesting press release today about a survey they just conducted – More Than 40 Percent of CIOs and CTOs Surveyed Plan to Automate Decision Management Processes. There were some interesting results in this. First, as their headline notes, we are starting to get some serious consideration of automated decision-making, [...]

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Decision Management Systems don’t get decision fatigue

August 18, 2011

I was recently pointed to this great NY Times article – Do You Suffer From Decision Fatigue? The article reports on a series of experiments to evaluate the effect of making many decisions in a row. It turns out that people don’t do well with this and that “decision fatigue” sets in, reducing not only [...]

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First Look – FICO Model Builder 7.2

August 18, 2011

Model Builder is FICO’s predictive analytic workbench remains focused on superior scorecard technology with advanced inferencing and reject inference (described in my review of Model Builder 7.1). Integration with the Blaze Advisor BRMS and integration for common variable libraries remains a largely unique feature. The focus of the newly announced Model Builder 7.2 is on [...]

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First Look – Causata

August 11, 2011

Causata is a software company founded in early 2009 with a heritage from the online space – behavioral targeting on the web and database marketing. They are headquartered here in Silicon Valley with engineering in London and the team has experience across companies like Touch Clarity, Omniture, Interwoven, DoubleClick, RedHat, Skype, eBay and others.
Causata sees [...]

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First Look – IBM In-Database Analytics

August 2, 2011

IBM SPSS has been supporting in-database analytic modeling for a while now. Their objective is to make it possible for analysts to run the complete data mining process end-to-end in-database – from accessing the data to data transformation and model building/scoring. In particular, they try to enable analysts to push data transformation and data preparation [...]

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Jobs – Nomis Solutions hiring

July 27, 2011

One of my clients, Nomis Solutions has a number of jobs open: Client Director, Data Architect, Senior Optimization Engineer, Agile Developer, Technical/Customer Support Director, and Software Architect.
Nomis Solutions provides Pricing and Profitability Management solutions to the financial services industry. Nomis Solutions is headquartered in San Bruno, California, with offices in London and representation in New [...]

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First Look – Clario Core

July 26, 2011

Clario Analytics has been marketing cloud-based analytic solutions since 2008. The company has been going to market with a general purpose analytic platform – Clario Platform, offering predictive analytic model development in the cloud – across multiple verticals. In addition, they leveraged their deep experience in marketing optimization and developed Clario Stream, a marketing optimization [...]

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Computerworld BI Keynote – From Business Intelligence to Predictive Analytics

July 25, 2011

[ September 19, 2011; 8:45 am to 9:30 am. 8:45 am to 9:30 am. ] I am giving the opening keynote at the Computerworld BI & Analytics Perspective Conference on September 19 2011.

The data you have, the way you analyze it, and the way you act on this analysis drives better business outcomes. To make the most of your data you need to do more than just adopt predictive analytics [...]

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First Look – Silvertail Systems

July 19, 2011

Silver Tail Systems was founded in 2008 by founders with a background in web search, trend analytics and fraud detection. After joining eBay to fight phishing and other kinds of fraud like fake auctions and fake bids, the team sat down and figured out the tools that would have been helpful tackling these fraud challenges. [...]

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