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As part of my ongoing series of interviews with analytic practitioners I caught up recently with Matthew Kitching, Senior Data Scientist at Apption. I am giving a webinar with Matt Kitching, Senior Data Scientist at Apption at 10am Pacific, May 27 on The Value of Predictive Analytics and How Using Decision Modeling Helps You Succeed. Apption is [...]

RapidMiner 2015 Update

It’s been a while since I last got an update on RapidMiner (RapidMiner 6 was the last version I reviewed) and they have some new positioning and product capabilities I wanted to catch up on. RapidMiner began as an open source product company founded in 2007. They moved to Open Core in 2010 and now [...]

A long time ago I came across a company called Erudine and blogged about the Erudine Behaviour Engine. At that time, Erudine came out of the defence, aerospace and nuclear power industries where the slightest mistake can lead to disaster. Today, Erudine’s more recent focus has been in the banking, financial services and investment sectors. [...]

At Decision Management Solutions we have a long history of providing free resources to help drive the adoption of Decision Management, Decision Management technology and Decision Modeling. Today we continued this with our announcement of a free version of our decision modeling software, DecisionsFirst Modeler. The free Basic Version delivers user-friendly, DMN standards-based graphical decision models for [...]

FICO Analytic Modeler is FICO’s in-browser analytic tool suite – the evolution of the Model Builder product line post the InfoCentricity acquisition. These offerings are part of the FICO Analytic Cloud, a cloud-based environment for building and managing analytic models and deploying analytics into decisioning applications.  It also features a marketplace for analytic solutions. The [...]

Last up an executive panel focused on Watson Analytics: How much data, how complex or what kind of data drives value from Watson Analytics? Self-service is core to the value proposition more than the kind of data or volume of data If you have only a little data then one of the interesting aspects is [...]

Next up a customer panel with cspire, xo communications and Purdue University. First question was what new things can you do with Watson Analytics? Easily convert data into a story in the context of a business The cloud supports a very distributed workforce allowing  more people to access more advanced analytics Empowering people who would [...]

Paul Ross kicked off the Alteryx Influencer Summit by reiterating Alteryx's focus on their core audience - analysts in the line of business. Alteryx wants to empower these analysts and is investing in its tools and strategy with this in mind. First up was George Matthew talking about market and product strategy (mostly under NDA). [...]

Brad Strock of PayPal presented on innovation. He laid out the three stages of money: Money 1.0 is what you might call traditional coinage and notes. Money 2.0 was the credit revolution with revolving debt, credit and debit cards etc. These have become the pre-eminent means of payment for many people. Money 3.0 is what PayPal [...]

Kerim Akgonul came up next to talk products, in particular Pega 7. Pega 7 was released last year and is being used around the world. Pega 7 focused on several elements: Visibility through the common case interface Speed and accuracy through automation of processes and decisions Speed and accuracy also of development, making it easier [...]

As part of our ongoing "Meet our Partners Series" I caught up with Claye Greene of TechBlue, a Decision Management Solutions partner. Claye and I made this recording of a webinar on legacy modernization. Please describe your current role and title and tell us a little about your company I’m Claye Greene, Managing Director of TechBlue. TechBlue is [...]

Welcome to Part Two  of my interview with Jan Purchase, Director and Co-Founder of LuxMagi (Part One of the interview is here). Lux Magi are experts in helping their clients automate complex, legal and regulatory compliance processes using business rules technology and decision management.  Jan and I gave a webinar on Agile and Cost Effective Financial Compliance: Going [...]

Final session today is Sandy Kemsley talking about Case Management. Sandy began by considering the system we use to work today. How we work, she says, is based on two different approaches illustrated by Taylor's theories of standardized processes for efficiency and Drucker's management by objectives theories. We need to support both and that drives [...]

Jim Sinur, Gartner Emeritus, is next at Building Business Capability talking about the possibilities of transformation resulting from BPM and process models. Businesses, he says, are in a battle to lead in revenue per hour worked. This means a constant focus on increasing productivity and the linkage of every action to desired business outcomes. It [...]

The old way: Business rules projects begin by analyzing all the business rules in a business area. A set of techniques are applied to identify common terms across the whole business and to document every rule. A big book of rules is created that defines the rules for the business, generally in a defined syntax [...]

I am speaking at the Association of Strategic Alliance Professionals Silicon Valley event November 20 on "Collaborating on Customer Decisions; Left-hand Meets Right-hand" Do you ever sense a company’s left-hand doesn’t know what the right-hand is doing? Ever called customer service to learn they know less about a partnership than you do? Customer management has [...]

We recently released The Decision Management Manifesto. In a post last week I explained why we did this. This week I want to talk about a couple of the key elements of the manifesto – its focus on putting Decisions first and its emphasis on Decision Modeling. We have helped many customers adopt business rules [...]

One of the questions I asked Andrea Scarso co-founder and COO of MoneyFarm when I interviewed him was “In your experience what are some of the top challenges for analytic professionals in terms of maximizing the business impact of what they do?" In this post I'll take a couple of his comments and expand on them [...]

Adaptive Planning was founded just over 10 years ago to deliver cloud financial planning solutions. They have about 1,600 customers across all industries in 80 countries with about 400 partners worldwide. Focused on management planning, reporting, consolidation and analysis they are increasingly in use beyond the finance organization, moving into sales and other operational areas. [...]

I am giving a webinar with the International Institute for Analytics August 22 at 11am Eastern on how to Improve Analytic Results with Decision Modeling In this webinar, IIA Faculty Member James Taylor, CEO of Decision Management Solutions, will show how to improve analytic results with decision modeling. Decision modeling focuses analytic efforts, clarifies the business goals [...]