≡ Menu

business analytics

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 [...]

I have been thinking a lot about using decision modeling for advanced analytic projects recently as we have several clients in this area as well as a number of users of DecisionsFirst Modeler in this space. So much so I thought I would do a white paper of the week  for our paper on Framing Analytic [...]

Next up was a discussion of the Teradata Marketing applications with a presentation from MGM Resorts. I wrote about their marketing solutions back in 2013. These solutions have evolved and include in-house and acquired technology like Market Helm, Aprimo and others. These solutions are designed to bring cross-channel consistency and customer specificity. Individualization, real-time interaction, [...]

I am speaking on A New Approach to Defining BI Requirements at the Bay Area Microsoft BI User Group on July 2nd I will introduce the core concepts of DMN and show how it can be used to drive more effective requirements for BI, dashboard, and analytic projects.  You’ll also see a demo of DecisionsFirst Modeler, a decision [...]

We have just posted a new white paper on Next Generation Claims Systems Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and reduce costs. Insurers can achieve significant speed-to-market gains, reduce fraud and create innovative new claims processes. Today’s insurance claims systems deliver [...]

We just published a new white paper on Framing Analytic Requirements. This paper shows how you can achieve analytical, data-driven decisions by using decision modeling and the Decision Model and Notation (DMN) standard to frame your analytical requirements. The value proposition of analytics is almost always to improve decision-making. Whether you are data mining, building predictive analytic models, [...]

I am giving a webinar on Advanced Analytics for the Business Professional 10am Pacific on May 28 Advanced Analytics is not just for data scientists anymore. Many businesses adopt their analytics by degree of complexity, limiting business professionals to reporting and dashboard views of their business. But recent research has found that with modern tools [...]

I am giving a webinar with Angoss May 21 at 11am ET/8am PT on “Putting Your Predictive Analytics to Work” When it comes to getting the most from your analytics, your ROI is only as good as your implementation. So join Angoss software and the foremost expert in Decision Management, James Taylor, to learn some key [...]

If you are a business analyst and a member of the International Institute of Business Analysis (IIBA) then, like me, you have been waiting for the new version of the Business Analyst Body of Knowledge or BABOK to be released. A little while back this wait was finally over and BABOK 3 was released (details here). If you [...]

The 2015 Rexer Analytics Data Miner Survey has launched. This survey is a great asset for the analytic and data mining community. Like many who look forward to the results I would like to ensure that the survey reaches a large and diverse group of analytic professionals, students and academics. The survey is for all analytic [...]

I am giving a webinar with FICO on March 25th at 11am Pacific/2pm Eastern on “Identifying the Right Analytic Capabilities in the Era of Big Data” There is an increasingly broad portfolio of analytic capabilities available to enterprises today. These range from traditional Business Intelligence capabilities like reporting and ad-hoc query to modern visualization and [...]

Ray Wang of Constellation Research published a report early this year “The Elements of Business Architecture for Digital Transformation.” In the report Ray identifies some interesting boardroom priorities (this is just some of them): Consistent Customer Experience Mass automation Insights-driven business models Cost-effective regulatory compliance All of these are reasons given by our clients as they invest [...]

I am giving a webinar on “Framing Analytic Requirements with Decision Modeling” April 2, 9am Pacific/Noon Eastern: One of the most important steps in a predictive analytic effort is correctly framing the problem a way that creates a shared understanding of the business problem across business, IT and analytics teams. Established analytic approaches such as CRISP-DM stress [...]

I am giving a webinar on Decision Modeling for Decision Led Analytics, February 19 at 9am Pacific. Organizations today are turning to analytic capabilities to drive decision-making. But with the different types of decisions that need to be made, multiplied by the different types of BI and analytic capabilities available, it can be difficult for [...]

Information Management just published my latest column An Analytics Capability Landscape discussing our recent research on decision-led, role-centric, style-based selection of analytic capabilities.

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Finally style-based: With a clear understanding of the [...]

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Next up role-centric: Decision-making problems can be solved [...]