analytics

Interactive Chat: Decision Management Systems on AllAnalytics

November 8, 2011

[ November 9, 2011; 11:30 am to 12:00 pm. ] I am participating in an interactive chat on AllAnalytics on Wednesday November 9th at 11:30 am Pacific/2:30pm Eastern. Beth Schultz and I are going to chat about Decision Management Systems (both the book and the systems themselves), the role of analytics (especially predictive analytics) and more. Why not join us?

Go to allanalytics.com/messages.asp?piddl_msgthreadid=243067 to participate (don’t [...]

Read the full article →

Analytics: The widening divide. An IBM/MIT Sloan study

November 8, 2011

I listened in to IBM’s call about their recent analytics study conducted with MIT Sloan – The Widening Divide (available from www.ibm.com/thewideningdivide). This is the second year for the analytics study and surveyed 4,500 people from 30 industries and 120 countries – a very broad view. Three key results:

The competitive advantage created by analytics is [...]

Read the full article →

Adaptive Control in Collections at a US Regional Bank #FICOWorld

November 3, 2011

Time for a quick session or two at FICO World. Chip Clarke and Andrew Beckman presented on the use of customer-level TRIAD to continuously improve their collection results for their retail banking products – to do “Adaptive Control”. Adaptive control, for those not familiar with the term, means continually challenging the way you make decisions [...]

Read the full article →

Predictive Analytics in the Cloud – Sneak Peek Results

November 3, 2011

We are announcing the full results of our Predictive Analytics in the Cloud survey next week (Thursday, 10am Pacific) and will be making the results available also as a white paper at the same time. You can register on SmartData Collective for access to the white paper when it is published and for other deliverables [...]

Read the full article →

Begin with the Decision in Mind #BBCCon11

November 2, 2011

I had no slides for my session but I thought I would post my notes or outline:
I have just written a new book called Decision Management Systems about a class of system not widely deployed in organizations. They’re not new systems – I have been talking about them and helping people build them for the [...]

Read the full article →

Wrapping up the Predictive Analytics in the Cloud research

October 31, 2011

The Predictive Analytics in the Cloud research we have been conducting is coming to an end. We have closed the survey having garnered over 200 business and technical professionals. – thanks to all who participated. We are going to publishing the study findings and survey results in a webinar and a white paper on November [...]

Read the full article →

Webinar: Predictive Analytics in the Cloud Survey Results

October 30, 2011

[ November 10, 2011; 10:00 am to 11:30 am. ] We surveyed over 200 business and technical professionals for our study on cloud based predictive analytic solutions. Thanks to all who participated. Study findings and survey results will be presented on Thursday, November 10, 2011 at 10:00 a.m. PT, 1:00 p.m. ET, and will include short presentations from our research sponsors – Clario Analytics, FICO, [...]

Read the full article →

Decision Management Orchestrating Consistent Enterprise-wide Decisions #iod11

October 25, 2011

Erick Brethenoux, Pierre-Henri Clouin and Asit Dan presented on IBM’s Decision Management approach – a nice chance to see both the Business Analytics and WebSphere bits of IBM talking about the same problem. CEOs consistently tell IBM that volatility, uncertainty and complexity are continuing issues. CIOs with a mandate to transform the business are responding [...]

Read the full article →

Business Analytics – the power to meet your priorities #iod11

October 25, 2011

Eric Yau kicked off the business analytics keynote today, saying that they are going to focus in on the 3+3 areas discussed yesterday and with that he introduced Deepak Advani. Deepak introduced some key IT trends – rising data volumes, high volume decisions that require decision automation and LOB demanding more flexibility and independence – [...]

Read the full article →

Transformation in the era of big data and analytics #iod11

October 25, 2011

Steve Mills opened up the discussion talking about Big Data, making the point that the art of the possible when it comes to data has been growing steadily for many years – though the current explosion in data is pretty impressive. For instance 1.3B RFID tags in 2005 and 30B in 2010, 4.6B mobile phones [...]

Read the full article →

Analytics Keynote #iod11

October 24, 2011

Deepak Advani kicked off the first day’s analytics keynote by noting the number of different analytics communities that are now part of IBM – Cognos, SPSS, Algorithmics and more. Analytics, he says, is a broad change that is just beginning and will impact everyone. Rob Ashe followed and made the point that the opening keynote [...]

Read the full article →

Business Analytics Optimization Keynote #iod11

October 24, 2011

Fred Balboni gave the Business Analytics and Optimization keynote. You can get a “faster planet” without analytics, just by automating processes, but you need analytics for a “smarter planet”. Fred began by introducing the results from the IBM Institute for Business Value study. The new survey had three interesting results:

The gap between analytic leaders and [...]

Read the full article →

Opening Keynotes at #iod11

October 24, 2011

Jeff Jonas‘ great ad for analytics, talking about crossing a road as an analogy for the power of predictive analytics, kicked off the first real content of the keynote. Jeff talked about enterprise amnesia, the challenge of enterprises being unable to process all the data they have flowing in. Jeff uses a puzzle metaphor and [...]

Read the full article →

Predictive Analytics in the Cloud – last chance for survey

October 21, 2011

Our Predictive Analytics in the  Cloud survey closes today so this is your last chance to tell us what you think. We’ve had hundreds of replies but we want yours too.Go to smartdatacollective.com/predictive-analytics-cloud-survey to take the survey – should only take you 10 minutes tops. If you started it and never finished, now would be [...]

Read the full article →

Decision Management Systems drive the second economy

October 20, 2011

Cross-posted from International Institute for Analytics
There was a great article recently in the McKinsey Quarterly – The Second Economy. In it W Brian Arthur discusses the fact that
Digitization is creating a second economy that’s vast, automatic, and invisible—thereby bringing the biggest change since the Industrial Revolution.
It’s a good article and worth a read. Brian talks [...]

Read the full article →

Signing my new book at Information on Demand

October 11, 2011

[ October 25, 2011; 12:30 pm to 1:30 pm. 12:30 pm to 1:30 pm. ]
I am speaking at Information on Demand (on Decision Management Systems and on a panel) and will be taking time out to sign my new book – Decision Management Systems: A practical guide to using predictive analytics and business rules – on Tuesday October 25 from  12:30 PM – 1:30 PM. You’ll be able to [...]

Read the full article →

A new Decision Management partnership – Corticon and KXEN

October 11, 2011

Corticon and KXEN have just announced a new partnership. I am always glad when a business rules management system company like Corticon partners with a predictive analytic vendor like KXEN. These two technologies can be used together to automate and improve operational decisions and build powerful Decision Management Systems (the topic of my new book). [...]

Read the full article →

Buy my new book – Decision Management Systems

October 7, 2011

My new book - Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics – is officially shipping – you can now order it (rather than pre-order it) at IBMPressbooks.com, at amazon.com or at InformIT.
Build Systems That Work Actively to Help You Maximize Growth and Profits
Most companies rely on operational systems that are [...]

Read the full article →

Your Vote Please! Which Webinars to Re-Record

October 6, 2011

Most unfortunately, our webinar hosting provider Omnovia has lost the audio on our recorded webinars through last June. I will re-record the audio for the most popular webinars. Please “vote” for your favorites by emailing me (a tweet works, too, to @decisionmgt) your top 3 you would like re-recorded. I’ve given them numbers to make [...]

Read the full article →

First results from the Predictive Analytics in the Cloud survey

October 6, 2011

We have had great response to our Predictive Analytics in the Cloud survey – thanks to KD Nuggets for their support in particular this last week – and I have recorded a podcast with some of the initial highlights. We are leaving the survey open through the end of Predictive Analytics World so you can [...]

Read the full article →

← Previous Entries

Next Entries →