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analytical decision management

Silvie Spreeuwenburg of LibRT came up after lunch to talk about a rules-based approach to traffic management. Traffic management is a rapidly changing area, of course, thanks to IoT and self-driving cars among others. When one is considering traffic, there are many stakeholders. Not just the road user, also businesses reliant on road transport, safety [...]

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 [...]

First Look: IBM SPSS Modeler 16

IBM has recently released IBM SPSS Modeler 16 with three distinct packages: Professional with everything for structured data Premium adds text analytics, entity analytics and social network analysis Gold adds the Decision Management capabilities to the Premium package IBM SPSS Analytical Decision Management (ADM) will increasingly be included in the IBM SPSS Modeler Gold package [...]

Back in 2008 I wrote this post - The small impact of business rules on the big players, bemoaning the lack of serious investment in business rules on the part of major software companies. As we enter 2014 I thought I would revisit this post and consider what a difference 5 years makes. Let's consider some [...]

A solution-focused session next with Marcus Hearne talking about analytic marketing solutions. Marketing remains focused on its traditional imperatives - how to focus on customers to maximize the value of each interaction, how to measure effectiveness, what marketing mix to use etc. However the new empowered, social consumer is putting pressure on marketing as people [...]

Jason Verlen and Bernard Spang took one of the breakout sessions on analytic innovations. IBM, as noted yesterday, sees a progression of analytics from descriptive to predictive, prescriptive and ultimately cognitive. The purpose, of course, of big data and analytics is to drive better decisions. Managing big data is a necessary step but acts only [...]

Les Rechan and Niel Isford came up to wrap up the first day to talk about IBM's focus on Client Experience. The products, as was noted earlier, are focusing on being Easy, Simple and Fast to make them easier to consume. From a licensing perspective IBM is working with clients on an IBM Unlimited License [...]

It has been a while since I was updated on IBM SPSS Modeler and I got an update from IBM recently. IBM SPSS Modeler is, of course, IBM’s primary data mining and predictive analytics workbench. It uses a standard workflow metaphor, letting you string together nodes that process data, run algorithms, score data, etc. Both [...]

As part of our ongoing work on technologies for Decision Management Systems I recently completed a product review for IBM's Analytical Decision Management. You can get the full review from IBM here and my (much less detailed) first look is here. A new version of the report itself is also imminent....