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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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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New Column on Information Management

February 1, 2015

Information Management just published my latest column An Analytics Capability Landscape discussing our recent research on decision-led, role-centric, style-based selection of analytic capabilities.

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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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Yseop Update

January 21, 2015

I got an update from Yseop recently, having last been briefed back in August 2013.Yseop has repackaged its capabilities into two products – Yseop Smart NLG (Natural Language Generation) and Yseop Smart Machine. Yseop Smart NLG is software that turns data into text and narrative, primarily working in finance, business analytics and business intelligence while […]

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