business analytics

New article on predictive analytics in the cloud

May 23, 2012

I recently participated in an article in the Teradata magazine - A Beautiful, Cloudy Forecast – based on our research on predictive analytics in the cloud. As the article says:
The basic value proposition of predictive analytics in the cloud is clear: Organizations can make predictive analytics more scalable, more pervasive and easier to deploy. For many [...]

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Still time to register for our European Decision Management Training

May 3, 2012

There’s still time to register for the 2-day workshop in Europe next month. This covers the essentials of Decision Management, the effective use of business rules and Business Rules Management Systems and the role of analytics:

Berlin – June 4/5 – Register here.

The class covers:

An introduction to Decisions and Decision Management
Categorizing and identifying decisions
Characteristics and design of [...]

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Early bird pricing on European training expiring

April 23, 2012

The early bird pricing on our 2-day workshop in Europe expires this week. This workshop cover the essentials of Decision Management, the effective use of business rules and Business Rules Management Systems and the role of analytics:

Berlin – June 4/5 – Register here.

The class covers:

An introduction to Decisions and Decision Management
Categorizing and identifying decisions
Characteristics and design [...]

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First Look – BigML

April 10, 2012

While there are many machine learning packages out there, BigML is trying to make them usable by people with just a little experience – to improve the learning curve of machine learning techniques. At the same time they also address the scale challenge as Gigabytes of data override the traditional algorithms. Their product is therefore [...]

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Is Machine Learning v Domain expertise the wrong question?

April 5, 2012

KDNuggets had an interesting poll this week in which readers expressed themselves as Skeptical of Machine Learning replacing Domain Expertise. This struck me not because I disagree but because I think it is in some ways the wrong question:

Any given decision is made based on a combination of information, know-how and pre-cursor decisions.
The know-how can be [...]

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First Look – Pervasive RushAnalyzer

March 29, 2012

Pervasive is best known for its data integration products but has recently been developing and releasing a series of products focused on analytics. RushAnalyzer is a combination of the KNIME data mining workbench (reviewed here) and Pervasive DataRush, a platform for parallelization and automatic scaling of data manipulation and analysis (reviewed here).
In the combined product, [...]

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First Look – Rapid Insight Analytics

March 28, 2012

Rapid Insight was founded 10 years ago to develop tools that were easier for analysts to use to quickly extract meaning from data. Rapid Insight has been focused in higher education until recently and is expanding into fund raising and other areas. Rapid Insight Analytics is a pure data mining or predictive analytic workbench designed [...]

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First Look – Rapid-I

March 27, 2012

Rapid-I provides open source software for predictive analytics, data mining and text mining. Incorporated in 2006, they are based in Dortmund Germany and have been working on RapidMiner since 2001. They have over 35,000 production deployments and more than 400 customers in 40 countries. Banking and financial services is their largest market followed by Pharma [...]

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Smarter Analytics Leadership Summit Opening #smarteranalytics

March 20, 2012

Steve Mills kicked off the IBM Smarter Analytics Leadership Summit. Business Analytics matter, he says, as shown by the focus of CEOs (8 out of 10 expect complexity to increase, enterprises applying analytics are more successful etc). The need for analytics is pervasive, with every industry seeing a massive expansion in the volume of data [...]

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Decision Management Systems Platform Technologies online now

March 20, 2012

Our new report on Decision Management Systems Platform Technologies has been available for download for a while now and thousands of you have downloaded it. To make it even easier to access (the PDF does not require a registration even) we have made it available online in the main report webpage – just scroll down [...]

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First Look – Fuzzy Logix In-Database Analytics

March 20, 2012

Fuzzy Logix is an advanced analytics software solution and services company headquartered in Charlotte North Carolina, with offices in Cupertino California, Richmond, Virginia and distribution channels throughout the world. Fuzzy Logix provides an in-database analytics solution, supporting both in-database model construction and in-database scoring.  They also offer in-GPU solutions, which allow users to access potentially [...]

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New Report on Decision Management Technologies – The Four Capabilities

February 28, 2012

As regular readers know, we have released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. The core of this version of the report is the description of four aspects of building a Decision Management System that drive organizations to adopt new, Decision Management [...]

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Business Analytics in Action at SAS

February 27, 2012

This session is focusing on three specific functional areas – customer intelligence, financial crimes/fraud and risk management.

Customer Intelligence
The landscape of Customer Intelligence involves the growth of empowered consumers thanks to the proliferation of channels, the explosion of data and the evolving CMO role as they have to balance analytical and creative. SAS’s vision is to [...]

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Enabling Business Analytics at SAS – Cloud

February 27, 2012

SAS is making a big push around cloud. They want to provide a cloud enabled platform, manage their existing SAS Applications in the cloud, build new applications in the cloud and create a cloud app store for their customers. They want to ensure that all the business analytics solutions based on SAS – whether SAS [...]

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Enabling Business Analytics at SAS – Decision Management

February 27, 2012

For me the most interesting piece now – how SAS sees Decision Management and operational decisions. This involves a new product coming soon – SAS Rules Studio – as well as continued innovation around workflow, analytic model management and more. A great demo kicks it off with business rules in a tabular layout as one [...]

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Enabling Business Analytics at SAS – Data Management

February 27, 2012

SAS sees Information Management as being about treating data as a strategic asset. Changes in competition, regulatory environment and more are driving this to be more importance. Information Management for SAS includes Data Management, Decision Management (mixing rules and analytics to drive operational decisions in decision services) and Analytics Management (supporting what I call an [...]

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Enabling Business Analytics at SAS – Business Visualization

February 27, 2012

Four themes in business visualization:

Consumer-oriented BI
Walk up and use, understanding through visualization, self-service
Deriving value from big data
Analytics and visualization that scales with in-memory
Approachable analytics
Integration into the user’s world
Outlook, Office, mobile

The new product (coming in March) has four components:

Environment Manager for setup and monitoring
Visual Analytics Explorer for ad-hoc analysis and discovery
Visual Design for report design (web or [...]

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Enabling Business Analytics at SAS – High Performance Analytics

February 27, 2012

High Performance Analytics first. As already noted this is a key focus area for SAS.  The three pillars, remember, are:

Grid Computing
Allocating out analytic tasks to multiple processors and cores in a managed fashion.
In-Database Analytics
Using database servers for analytic computing to minimize data movement and improve performance.
In-Memory Analytics
The key area in many ways for highest end [...]

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SAS Executive Viewpoint 2012

February 27, 2012

Dr Goodnight kicked it off the executive viewpoint at the 2012 SAS Inside Intelligence session. SAS had another growth year in 2011 ($2.7B and growth of 12.1%) as Jim highlighted both its continued investment in new buildings around the world and the fact that many SAS locations around the world, and SAS overall, continue to [...]

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Now available – a new report on platform technologies for Decision Management Systems

February 22, 2012

Organizations are adopting a new class of operational systems called Decision Management Systems to meet the demands of consumers, regulators and markets because traditional systems are too inflexible, fail to learn and adapt and crucially cannot apply analytics to take advantage of “Big Data.” Decision Management Systems, as I described in my book, are agile, [...]

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