analytics

First Look – IBM’s Next Step in Decision Management

October 6, 2011

IBM is announcing a new product and product positioning today. With the tag line “Turning Automated Decision Management into Real-time Operational Advantage” they have announced WebSphere Operational Decision Management.
This new product is an evolution of the market-leading business rules management system, WebSphere ILOG JRules BRMS, united with IBM’s WebSphere Business Events. It brings business rules [...]

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Does IT management think about predictive analytics in the cloud?

October 3, 2011

I have been reviewing the first set of responses to our Predictive Analytics in the Cloud survey over at SmartData Collective and there are a couple of interesting demographic notes. First there is a complete absence of IT Management. We have a pretty good sprinkling of IT Executive Leadership – not as many as Line [...]

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FICO World Presentation: Predictive Analytics in the Cloud

October 3, 2011

[ November 3, 2011; 10:15 am to 11:15 am. ] Just announced: I am speaking on Predictive Analytics in the Cloud at FICO World on Thursday November 3rd at 10:15 ET
Predictive analytics and cloud technologies are hot topics individually, but how can you use them together? In this session industry expert James Taylor will discuss the use cases for predictive analytics in the cloud. He [...]

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New Predictive Analytics in the Cloud deliverable

September 29, 2011

We just posted a second deliverable from the Predictive Analytics in the cloud study. In addition to the position paper there is now a quick introductory webinar. Covering similar information to the position paper with some great case studies, this webinar lays out the key areas of potential for Predictive Analytics in the Cloud solutions.
To [...]

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Predictive Analytics in the Cloud survey update

September 27, 2011

Just a quick note to update you on the Predictive Analytics in the Cloud research we are conducting. We have about 100 survey results already and some interesting trends are developing in the results.
Don’t forget, if you took the survey, that the results are anonymous and you need to register at smartdatacollective.com/predictive-analytics-cloud to get the [...]

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CRISP-DM data mining methodology in hypertext form

September 24, 2011

CRISP-DM – Cross-Industry Standard Process for Data Mining – is the best known data mining methodology out there. It’s been around a long time but ownership/management of the consortium that developed it has gotten complex recently (the CRISP-DM.ORG site is down at present for instance but you can get some details in the CRISP-DM Wikipedia [...]

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Predictive Analytics in the Cloud position paper available

September 22, 2011

The Predictive Analytics in the Cloud research we are conducting is moving on. The survey is open for you to give us your opinion and the position paper is now available. The position paper discusses the value propositions for 5 ways to use predictive analytics in the cloud:

Pre-packaged Cloud Based Solutions
Predictive Analytics for SaaS
Predictive Analytics [...]

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First Look SAS Model Manager 3.1

September 22, 2011

SAS 9.3 shipped a couple of months ago and it included an update of SAS Model Manager 3.1. Model Manager (reviewed here) is a product for managing the analytic model lifecycle once a model is built – validating, deploying, monitoring and retraining predictive analytic models. Model Manager is designed to help with some of the [...]

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Ready to pre-order my new book? How about a 35% discount

September 21, 2011

Well my new book has shipped to the printers and it should be available in mid-October. The nice folks at IBM Press have set up a 35% discount code TAYLOR4389 and the book is ready for pre-order here on IBM Press. Just go to their site, order the book and enter the code. You can also [...]

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Survey on Predictive Analytics in the Cloud – tell us what you think

September 20, 2011

Decision Management Solutions, the company of which I am CEO, is running a study on Predictive Analytics in the Cloud. Both Predictive Analytics and Cloud are hot topics and the intersection has tremendous potential. Whether it is using cloud-based decision management systems powered by predictive analytics, using the cloud to deliver predictive analytics to SaaS [...]

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Pervasive BI: Top Factors for Success

September 19, 2011

Brian McDonough of IDC talked about the drivers for pervasive BI in organizations. He identified various metrics for measuring pervasiveness. Each of these could be assessed (from beginner to expert for instance) to see how well an organization is doing.

Data Update Frequency
Percent of Power Users
Degree of Internal Use
Degree of External Use
Analytical Orientation
Number of Domains

IDC found [...]

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Trends in smarter business analytics

September 19, 2011

Don Campbell, CTO Of IBM’s Business Intelligence group, presented on trends in smarter business analytics. He sees four focus areas – improving customer understanding, optimizing real-time decisions, better enterprise visibility and improved collaboration. All underpinned by managed, trusted data. IBM’s customers tell them that the 3 big challenges are

A lack of understanding of how to [...]

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Predictive Analytics in Healthcare

September 19, 2011

I am attending the Computerworld Business Intelligence and Analytics Perspective conference and just gave the opening keynote “From Business Intelligence to Predictive Analytics.” Following me is the team from Blue Health Intelligence about their innovative use of predictive analytics.
The US healthcare system that is more expensive, less effective and less safe than many other countries’ [...]

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New research council being launched

September 9, 2011

I am a faculty member for the International Institute for Analytics and we are launching a new research effort – the IT Analytics Research Council. Here’s what the official promotional text says:
The International Institute for Analytics (IIA) uses an experience-based research approach to uncover “what’s working” and more importantly “what’s next” in the area of [...]

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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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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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