analytics

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 [...]

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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 [...]

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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 [...]

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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 [...]

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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). [...]

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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 [...]

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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 [...]

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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 [...]

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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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