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Data Mining

Bill Fair, one of the founders of Fair Isaac, once said that to succeed with analytics you had to “grab the decision by the throat and don’t let go”. As Big Data and analytics become ever more central to organizations, and as more and more money is spent on analytics, this advice seems particularly timely. As [...]

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 [...]

Gagan Saxena, also of Decision Management Solutions kicked off the first day of sessions for me at this year’s Building Business Capability show in Las Vegas. Gagan has been working on a large financial services client’s regulatory initiative and presented on the role of decisions and DMN-based decision models on regulatory compliance. A business architecture [...]

Karl Rexer sent me a few highlights from his 2015 Data Science Survey. This was formerly known as the Rexer Data Miner Survey but the term Data Scientist has surged in popularity so it has been renamed. I have blogged in the past about the survey and like many in the business I look forward to the [...]

I am giving a webinar on How to Succeed with Advanced Analytics at Scale on October 15 at 10am Pacific/1pm Eastern Leading organizations today are looking to scale their advanced analytics capabilities, especially data mining and predictive analytics, to improve business performance, reduce fraud and improve customer responsiveness. However traditional analytic project approaches are hard [...]

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 [...]

I am co-hosting the TDWI Solution Summit “Maximizing your Analytics Investment: Innovative Business through Predictive & Advanced Analytics” with Fern Halper, May 31-June 2 in San Diego. Join an exclusive, hosted gathering of experienced professionals, industry thought leaders, and top solution providers for real-world tips and best practices to help you harness the power of [...]

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 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 [...]

One of my big focus areas right now is using decision requirements models to frame predictive analytic projects. We are working with a few insurance companies as well as a couple of manufacturing companies to apply decision requirements modeling in their analytic requirements process and I am excited by the potential. I recently wrote an article for [...]

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.

I am speaking at PASS Business Analytics 2015, April 20-22 in Santa Clara CA,on A New Approach to Defining BI Requirements Most organizations lack an approach that lets them specify their requirements for BI or for analytics more broadly. Their ability to find opportunities for, and successfully use, more advanced analytics is limited. In this [...]