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business analytics

Little bit of  a late start for me so I am starting with Geoffrey De Smet from Red Hat talking about constraint planning. He points out that some decisions cannot be easily solved with rules-based approaches – they can be described as decision (and as a DMN decision model in our experience) but not readily [...]

When the famous nerd webcomic XKCD pokes fun at how you use technology, it’s probably time to try a different approach. Recently he posted on Machine Learning and took a swipe at the mindless way some people approach machine learning.  His characters discuss a “machine learning system” that involves pouring data into a big pile of linear [...]

The Rexer Data Science survey is one of the best and longest running polls of data mining, analytic and data science professionals. I regularly refer to it and blog about it. It’s time to take this year’s survey – and the survey is aimed at all analytic people, no matter whether they consider themselves to be Data Analysts, [...]

I recently worked with Tho Nguyen of Teradata on a white paper called Illuminate Dark Data for Deeper Insights While organizations of all sizes across all industries are keen on becoming data-driven, most focus on only a fraction of the many types of available data. Not accessing a fuller spectrum of data, including those from “dark [...]

I am presenting at DecisionCAMP 2017 – The Role of Decision Models in Analytic Excellence – at 11:25am, Thursday July 14 Organizations are increasingly investing in data analytics to improve decision-making. Dashboards, self-service BI, data mining, predictive analytics, machine learning and cognitive technologies are being evaluated, deployed and used as organizations push to adopt data-driven [...]

I am speaking with Tina Owenmark of Cisco on The Role of Decision Modeling in Creating Data Science Excellence at Predictive Analytics World in San Francisco. Cisco’s Data Science Office focuses not just on data science, but also on shaping the questions and answers for Cisco’s operational groups. They focus not on technology or algorithms but [...]

JMP 13 and JMP Pro 13 launched in September 2016. JMP is a business unit of SAS with more than $60M in revenue with growth and a focus in manufacturing and life sciences. Lots of engineers, analysts, researchers and scientists as users. JMP has specialty products in Genomics and Life Sciences but this release is [...]

I am participating in a webinar on “The citizen data scientist: Can you democratize analytics for better business outcomes?” with Information Management, sponsored by Dell. Analytics is about better understanding customers, markets, and other phenomena that impact business performance. So while PhDs in mathematics and computer science play an important role in analytics success, employees with [...]

I am attending this year’s Building Business Capability conference and blogging sessions like this one from Jim Sinur of Aragon Research. I gave a tutorial earlier in the week on decision modeling with DMN and will be speaking later in the week with David Herring of Kaiser Permanente (and signing my new book, Available now! Real-World Decision Modeling [...]

AllAnalytics recently asked its readers “What is the greatest danger spot for analytics projects?” and the results are pretty clear. Here’s a snapshot (the percentages have been pretty stable): Top of the heap is “Identifying the Business Problem” with over 40% Then it’s a close run thing between “Data sourcing” and “Putting data into action”, both at 20% [...]

I was recently listed as one of the top Big Data/Data Science leaders on LinkedIn by KDnuggets. I was delighted to be on the list and to share it with some great thinkers and writers. My interest, as regular readers of the blog will know, is not really on how you build analytic models or apply data science techniques [...]

I am participating in a webinar Building Outstanding Customer Relationships: Delivering Relevant Next Best Actions for Retail Bank Customers on September 21st at 12 Noon Eastern/9am Pacific with Steven Noels of NGDATA. Next best action marketing is a tactic that has been around for a while, but few marketers have been able to fully take part [...]

The folks over at ZS Associates sponsored a study by the Economist Information Unit on analytics titled “Broken Links: Why analytics investments have yet to pay off”. This report showed the classic challenge of analytics – 70% think analytics is very or extremely important but only 2% say their analytics efforts have a broad, positive impact. In [...]

I am participating in an International Institute for Analytics webinar, 9am Pacific on June 23 “Prescribing the Right Decisions with Prescriptive Analytics” Automation of everyday activities holds the promise of consistency, accuracy and relevancy. When applied to business operations, the additional benefits of governance, adaptability and risk avoidance are realized. Prescriptive analytic empowers both systems [...]

First Look – SAS Viya

Back when I was attending the SAS Inside Intelligence analyst day they briefed us under embargo about their new Viya platform. This was announced today from SAS Global Forum. Ultimately all the SAS products will be moving to the SAS Viya platform and the platform is designed to ensure that all SAS products have some common characteristics: All [...]

Jan Purchase of LuxMagi and I are working away on our new book, Available now! Real-World Decision Modeling with DMN and one of the questions we have been asking ourselves is who we are aiming the book at – who builds decision models? Jan had a great post on Who Models Business Decisions? recently to address this question and I wanted [...]

I am delighted to announce a collaboration with Jan Purchase of LuxMagi on a new book, Real-World Decision Modeling with DMN. You can read the full announcement here and Real-world Decision Modeling with DMN will be available from MK Press in print and Kindle versions. As Richard Soley, who has graciously agreed to write a foreword for us, says: “A [...]

I am speaking at this year’s Deluxe Exchange Feb 8-10 in Boca Raton, Florida. I am presenting on “How to Create Big Data Opportunities” at 10:30am Eastern on the 9th: Many companies today are struggling to take advantage of “Big Data.” Join James Taylor as he defines just we mean by Big Data, what it [...]

I have spoken at Predictive Analytics World a few times and it’s a great event. Predictive Analytics World for Business is coming up April 3-7, 2016 in San Francisco. This is one of the best events for predictive analytics professionals, managers and commercial practitioners. The conference focuses on case studies about data science, on their business impact and [...]

I am faculty member for the International Institute for Analytics (IIA) and recently completed a new research brief on Framing Requirements for Predictive Analytic Projects with Decision Modeling. The Research Brief is behind the paywall for IIA clients with an Enterprise Research Subscription. If you are interested in IIA membership and the research that IIA produces check out the site. IIA does a [...]