Business

New webinar series for those in Europe (or on the East Coast)

February 8, 2012

Working with our European partners (BCS), Decision Management Solutions has scheduled a series of three webinars at 7am Pacific/10am Eastern/16:00CET. Designed to be  live events that work for those in Europe, this is a foundation series on three core topics – Decision Management, Business Rules and Predictive Analytics. There is no restriction on attendance – [...]

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Workshop: Decisions and Decision Management (Berlin, Germany)

February 8, 2012

[ June 5, 2012; ] I am giving a live 2-day workshop in Berlin, Germany this summer on Decisions and Decision Management.

Organizations must understand how to identify and classify decisions and how to assess the potential for business rules and analytics to support and improve those decisions. They need to understand the available technologies and approaches and the long and [...]

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Rules Developer/Junior Developer position in Louisville, KY

February 7, 2012

Brooksource in Louisville, KY is searching for a Rules Management Developer for a Fortune 100 client in the healthcare industry. This position is within the Clinical Guidance group and they are seeking someone that has a development background and has experience working with the business side of the house.  This is a unique position that has [...]

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Keynote: The Intelligent Enterprise:From BI to Predictive Analytics with Decision Management

January 19, 2012

[ February 9, 2012; 3:30 pm to 4:30 pm. ] I am giving the closing keynote on day 1 of Predictive Analytics and Business Insights 2012 in San Francisco on February 9th at 3:30pm. I will be speaking on “The Intelligent Enterprise: Utilize decision management to move from Business Intelligence to Predictive Analytics” and attending the networking reception afterwards. Other speakers at the event include Saum Mathur – Vice President, [...]

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Webinar: Models Collecting Dust? How to Transform Your Results from Interesting to Impactful

January 11, 2012

[ March 14, 2012; 10:00 am to 11:00 am. ] I am giving a webinar on Thursday March 14, 2012 10 am Pacific with Revolution Analytics on “Models Collecting Dust? How to Transform Your Results from Interesting to Impactful”
Data scientists sometimes lament, “Why can’t I get anyone to use my predictions?” Great models that make accurate predictions are sometimes disconnected from organizational decision-making. This hurts [...]

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Workshop: Business-friendly Data Mining with Decision Management

December 19, 2011

[ March 8, 2012; ] I am running a workshop on Business-Friendly Data Mining with Decision Management at Predictive Analytics World in San Francisco March 8, 2012. Aimed at analytic, business and IT professionals interested in improving their business with advanced analytics, this one day workshop on business friendly data mining with Decision Management will show you how to:

Improve business/analytics/IT collaboration [...]

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Analytics: The widening divide. An IBM/MIT Sloan study

November 8, 2011

I listened in to IBM’s call about their recent analytics study conducted with MIT Sloan – The Widening Divide (available from www.ibm.com/thewideningdivide). This is the second year for the analytics study and surveyed 4,500 people from 30 industries and 120 countries – a very broad view. Three key results:

The competitive advantage created by analytics is [...]

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Adaptive Control in Collections at a US Regional Bank #FICOWorld

November 3, 2011

Time for a quick session or two at FICO World. Chip Clarke and Andrew Beckman presented on the use of customer-level TRIAD to continuously improve their collection results for their retail banking products – to do “Adaptive Control”. Adaptive control, for those not familiar with the term, means continually challenging the way you make decisions [...]

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Wrapping up the Predictive Analytics in the Cloud research

October 31, 2011

The Predictive Analytics in the Cloud research we have been conducting is coming to an end. We have closed the survey having garnered over 200 business and technical professionals. – thanks to all who participated. We are going to publishing the study findings and survey results in a webinar and a white paper on November [...]

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Analytics Keynote #iod11

October 24, 2011

Deepak Advani kicked off the first day’s analytics keynote by noting the number of different analytics communities that are now part of IBM – Cognos, SPSS, Algorithmics and more. Analytics, he says, is a broad change that is just beginning and will impact everyone. Rob Ashe followed and made the point that the opening keynote [...]

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Interactive Chat: Business Agility Radio

October 24, 2011

[ October 27, 2011; 11:30 am to 12:30 pm. ] I am participating in a Business Agility Radio event on Thursday October 27th at 11:30 am Pacific/2:30pm Eastern (NOTE CHANGED TIME). We’re going to talk for 25-30 minutes about my new book; about what we mean when we talk about decision management; where it is best used and where it’s best left alone; how DM [...]

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First Look – Silvertail Systems

July 19, 2011

Silver Tail Systems was founded in 2008 by founders with a background in web search, trend analytics and fraud detection. After joining eBay to fight phishing and other kinds of fraud like fake auctions and fake bids, the team sat down and figured out the tools that would have been helpful tackling these fraud challenges. [...]

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IBM Analytics customer stories

June 1, 2011

A number of customers participated in a panel of analytics success stories. Each one was interesting and powerful in its own right and each prompted a Decision Management suggestion for someone at that stage in developing and deploying analytics.
Argos Risk is a web-based online subscription risk management service. Argos offers actionable risk insight for business [...]

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Decision Management, Big Data and McKinsey

May 13, 2011

Cross posted at International Institute for Analytics
McKinsey just published a new study “Big Data: the next frontier for innovation, competition and productivity” that is definitely worth reading. With lots of detail – it runs to more than 150 pages – it discusses why there is so much more data, what that means and how this [...]

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First Look – OpenRules Rule Solver and Rule Learner

May 12, 2011

I recently published a First Look on the open source OpenRules Decision Management System. Along with traditional Business Rules components, OpenRules includes two other important decision management components:

Rules Solver for solving optimization problems
Rule Learner for predictive analytics.

OpenRules Rule Solver is based on Constraint Programming (CP) [...]

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New White Paper: Maximizing the Value of Business Rules

May 6, 2011

A new white paper is posted to Decision Management Solutions company site, “Maximizing the Value of Business Rules - Decision Management streamlines and focuses business rules projects for faster, more effective deployment“.
Summary: Business rules management systems deliver on the promise of costs savings, agility and happy customers. Yet for many companies, business rules efforts remain point solutions. [...]

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Reminder – free webinar on Increasing BPM agility and effectiveness with Decision Management

May 4, 2011

Tomorrow, May 5th, at 10am Pacific/1pm Eastern I am giving a free webinar on “Increasing BPM agility and effectiveness with Decision Management”. Combining BPM with Decision Management results in simpler, more agile processes and increases straight through processing and operational effectiveness. I will cover how combining Decision Management with BPM:

Delivers simpler, more [...]

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10 Questions to Ask about your Business Rules Project

April 27, 2011

Here are 10 questions to ask about your business rules project that I developed some time ago but never ran on the blog – enjoy.

What is the business decision at the heart of your project?

How often is it made? What triggers it? Who makes it today? How repeatable is it?

Is this [...]

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Increasing customer satisfaction in claims processing with rules and process

April 12, 2011

Final IBM IMPACT session for me this year is If P&C Insurance talking about the role of process and rules in claims processing. If is the largest property and casualty insurer in the Nordic region and covers all sorts of risks across personal and commercial lines of business. Insurance Customer Satisfaction can seem like an [...]

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Nationwide Implements a Business Rules Solution to Improve Financial Processes Across the Enterprise

April 12, 2011

Three folks from Nationwide Insurance introduced their ILOG business rules implementation. Nationwide is one of the largest insurance and financial services companies with multiple brands offering products in property and casualty, mortgages, lines of credit, retirement plans and more. They are 124 on the Fortune 500, 16M policies and 32,000 staff. This project focused on [...]

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