Teradata Unifed Data Architecture #TD3PI

June 4, 2015

Next up is Randy Lea with a discussion of Teradata’s UDA – Unified Data Architecture. The challenges of managing and analyzing data have not really changed in years – people still worry about complexity, volume and ease of analysis just like they always have. Competitive differentiation continues to require management  of data and delivery of […]

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Teradata Strategy Overview #TD3PI

June 4, 2015

Day two of the Teradata Influencers event started with Hermann Wimmer, co-president. Hermann gave us an introduction to the overall company strategy. Teradata has two co-presidents, one focused on data and analytics and one focused on marketing applications with some shared services. This allows  them to focus on the three markets there see for their […]

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Teradata Marketing and MGM #td3pi

June 3, 2015

Next up was a discussion of the Teradata Marketing applications with a presentation from MGM Resorts. I wrote about their marketing solutions back in 2013. These solutions have evolved and include in-house and acquired technology like Market Helm, Aprimo and others. These solutions are designed to bring cross-channel consistency and customer specificity. Individualization, real-time interaction, […]

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Teradata Technology Innovation #TD3PI

June 3, 2015

I am attending the Teradata Influencers Summit in lovely Del Mar, California. First up is Oliver Ratzesberger, Senior VP of Software, to talk about recent technology innovations and technology strategy. Oliver highlighted some of the key trends and themes for Teradata. He began with a maturity model for “the sentiment enterprise” (video here):

Agile Data Platform
Managed […]

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Updated white paper on improving claims processing with Decision Management

May 26, 2015

We have just posted a new white paper on Next Generation Claims Systems
Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and reduce costs. Insurers can achieve significant speed-to-market gains, reduce fraud and create innovative new claims processes.
Today’s insurance claims systems deliver value to […]

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Another analytic practitioner speaks: an interview with Matt Kitching of Apption

May 19, 2015

As part of my ongoing series of interviews with analytic practitioners I caught up recently with Matthew Kitching, Senior Data Scientist at Apption. I am giving a webinar with Matt Kitching, Senior Data Scientist at Apption at 10am Pacific, May 27 on The Value of Predictive Analytics and How Using Decision Modeling Helps You Succeed.
Apption is a […]

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New white paper on framing analytic requirements

May 18, 2015

We just published a new white paper on Framing Analytic Requirements.
This paper shows how you can achieve analytical, data-driven decisions by using decision modeling and the Decision Model and Notation (DMN) standard to frame your analytical requirements. The value proposition of analytics is almost always to improve decision-making. Whether you are data mining, building predictive analytic models, designing […]

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First Look: IBM Decision Optimization Cloud

May 15, 2015

IBM’s advanced analytics portfolio contains its descriptive analytics, predictive analytics and prescriptive analytics products (everything from Cognos to SPSS to optimization and decision management). Within this portfolio is IBM’s decision optimization portfolio that contains the solver technology embedded in many IBM and external products. This demand for decision optimization involves enterprise Operations Research (OR) teams, […]

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Improve your rules and analytics projects – learn about decision modeling with DMN

May 6, 2015

We have been doing more and more work with decision modeling and the new Decision Model and Notation standard recently – we have a large FSI rolling out decision modeling and DMN worldwide, we have trained over 700 people in DMN, and we are using DMN with clients in manufacturing, banking, insurance and healthcare. And […]

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InRule Update 2015

May 5, 2015

I last got an update on InRule back in 2014 when I was updated on 4.6. Catching up with them recently I got a company and product update. They continue to focus on healthcare (insurance and delivery), insurance, banking and government. Some of their new customers are using InRule with Microsoft Dynamics CRM as part […]

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RapidMiner 2015 Update

May 4, 2015

It’s been a while since I last got an update on RapidMiner (RapidMiner 6 was the last version I reviewed) and they have some new positioning and product capabilities I wanted to catch up on. RapidMiner began as an open source product company founded in 2007. They moved to Open Core in 2010 and now […]

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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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Take the Rexer Analytics Data Miner Survey!

March 23, 2015

The 2015 Rexer Analytics Data Miner Survey has launched. This survey is a great asset for the analytic and data mining community. Like many who look forward to the results I would like to ensure that the survey reaches a large and diverse group of analytic professionals, students and academics. The survey is for all analytic […]

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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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First Look: Blue Yonder

March 3, 2015

Blue Yonder is based in Germany (Karlsruhe) and was founded in 2008 by an ex-CERN researcher, Prof. Michael Feindt and focusing on solving big data problems such as demand estimation. Several solutions targeted at retail were released over subsequent years. In 2013 they launched their Data Science Academy. The Blue Yonder platform for predictive applications […]

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Using Decision Modeling to make Predictive Analytics more pervasive

February 24, 2015

Back in May of last year, Wayne Eckerson published “Making Predictive Analytics Pervasive“. It’s a great report with some really useful data but one of the key headline result is that implementation rates are not rising – in fact fewer organizations are reporting successful implementation of predictive analytics (from 21% to 18%). This despite 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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How to frame requirements for predictive analytic projects with decision modeling

February 10, 2015

One of my big focus areas right now is using decision requirements models to frame predictive analytic projects. We are working with a few insurance companies as well as a couple of manufacturing companies to apply decision requirements modeling in their analytic requirements process and I am excited by the potential. I recently wrote an article for […]

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