Data Mining

Webinar: The use of predictive analytics in Decision Management Systems

February 7, 2012

[ April 11, 2012; 7:00 am to 8:00 am. ] This webinar is at 7am PT, 10am ET and 16:00 CET to support our European customers.

To ensure that Decision Management Systems are analytic and adaptive you must embed the results of data mining and predictive analytics in them. In this webinar you will learn what can be discovered using data mining and predictive analytic techniques [...]

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Dealing with the age old barrier to analytics – business understanding

February 7, 2012

Patrick over at Figurs sent out a newsletter that highlighted an article from 2010 Biggest Barriers to Business Analytics Adoption: People. The article highlighted the people and organizational issues in adopting business analytics and #1 was “Lack of understanding of how to use analytics to improve the business”. While it’s been a while since this was [...]

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Here’s how a Decision Management System would manage review fraud

January 30, 2012

My eye was drawn to an article in the New York Time last week – For $2 a Star, an Online Retailer Gets 5-Star Product Reviews.  This article drew attention to the ongoing and growing problem of fake reviews. Like many of us I increasingly rely on reviews on sites like amazon.com or yelp.com to [...]

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First Look – Zementis Update

January 24, 2012

I spoke to Zementis back in June of 2011 and got an update on their Universal PMML Plug-in among other things. Since then they report growing client interest with a particular focus on real-time decision-making using real-time scoring in fraud detection for instance. They have also been updating their products. ADAPA, their analytic decision deployment [...]

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First Look – KNIME Analytics Workbench update

January 23, 2012

KNIME is an open source data analytics product based in Zurich, Switzerland that I last wrote about a couple of years ago. They have been working away on the product since then (having started development in 2004 and released their enterprise components in 2010) and have been refining their business plan at the same time. [...]

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New White Paper: Managing the Next Best Activity Decision

January 20, 2012

I have recently finished a new white paper on Managing the Next Best Activity Decision, sponsored by KXEN.
Every interaction with your customers is an opportunity to build your relationship. It could be a personalized marketing offer or proactive customer service. To make sure this interaction maximizes the value of your customer relationship, many organizations are developing [...]

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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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Check out my Information Management Column

January 17, 2012

I have recently begun writing a column for Information Management magazine and a new one just published. The magazine is now completely online at www.information-management.com/ and you can follow their twitter feed @infomgmt. Here are my columns so far:

Requirements for Advanced Analytics
How to use decision management techniques to effectively gather the requirements for data mining and predictive [...]

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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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First Look – Quiterian

January 10, 2012

Quiterian is a Spanish company with offices in the US, Mexico and Europe. Quiterian Analytics aims to be complementary to traditional tools for reporting by helping companies get more value from their data sooner. In particular they aim to help companies anticipate the future by providing simple to use predictive analytics and by empowering users while [...]

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Discount for Predictive Analytics World San Francisco 2012

January 9, 2012

Predictive Analytics World San Francisco 2012 is coming at the beginning of March and as a speaker (I am presenting Five Growth Scenarios for Predictive Analytics in the Cloud on the 5th), a workshop host (Business-friendly Data Mining with Decision Management on the 8th) and a blog partner I have  a discount code for you all. Use DMSBP12 to [...]

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Are your systems just interfaces to a data structure?

December 29, 2011

Tad Anderson just wrote a great review of Decision Management Systems, my new book, over on his blog on the SOA World Magazine site. Two of his comments struck me particularly. The first summarized what I consider to be the biggest limiting factor in information systems today:
There are not too many systems being created today [...]

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Webinar: Managing the Next Best Activity Decision with Predictive Analytics

December 21, 2011

[ January 24, 2012; 11:00 am to 12:00 pm. ] I am giving a webinar with KXEN on January 24th at 11am Pacific/2pm Eastern on Next Best Activity decisions
Every interaction with your customers is an opportunity to build your relationship. It could be a personalized marketing offer or proactive customer service. To make sure this interaction maximizes the value of your customer relationship, many organizations [...]

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Building a predictive enterprise – webinar recording

December 19, 2011

I gave a webinar with AllAnalytics on “Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise” last week and Shawn Hessinger has just published a nice blog post with a summary. The recorded webinar is here and the slide are below and on SlideShare. As I said in the presentation I believe there are 5 key elements [...]

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New podcast about Decision Management Systems

December 15, 2011

Listen to Peter Schoof podcast with James Taylor, head of Decision Management Solutions and the foremost thinker and writer on decision management. James has a new book, Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics, which we discuss in the podcast as well as predictive analytics and BPM.
You can get access to the [...]

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Webinar: International Institute for Analytics 2012 Predictions

December 8, 2011

[ December 14, 2011; 11:00 am to 12:00 pm. ] I am participating in the 2012 predictions call by the International Institute for Analytics December 14th at 11am Pacific. Tom Davenport will be hosting a session to focus on the institute’s 2012 Predictions for Analytics. First, we’ll review how clear our crystal ball was a year ago as we cast our predictions for 2011. Then, Tom [...]

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First Look – KXEN InfiniteInsight Express

December 6, 2011

KXEN has been building out a series of elements over the past few years – InfiniteInsight™Explorer to create a semantic layer to manage your data layer and create/manage an analytic dataset; InfiniteInsight™ Modeler to automate the process of building predictive analytic models; InfiniteInsight™Scorer to deploy the results of models; and InfiniteInsight™ Factory to “industrialize” or [...]

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Webinar: Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise

December 1, 2011

[ December 15, 2011; 11:00 am to 12:00 pm. ] I am giving a webinar for All Analytics on Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise, Thursday, December 15, 2011 at 11:00 a.m. PT, 2:00 p.m. ET.
Enterprises must go from measurement and reporting to predictions and decision management. With ever-increasing amounts of historical data ready for mining, the right predictive analytic models can help an [...]

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Some thoughts on the levels of automation of a decision

November 18, 2011

A recent post on the IBM Good Decisions Blog – When Should You Automate a Business Decision? contains a list of ten levels of automation from a paper by Parasuraman, Sheridan and Wickens (available to IEEE members here). This set of 10 levels runs from 1 (computer offers no assistance) to 10 (computer acts autonomously). [...]

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Predictive Analytics World Session: Five Growth Scenarios for Predictive Analytics in the Cloud

November 18, 2011

[ March 5, 2012; 10:40 am to 11:00 am. ] I am speaking at Predictive Analytics World San Francisco,  March 5th on Five Growth Scenarios for Predictive Analytics in the Cloud.
Predictive analytics and cloud technologies are hot topics individually, but how can you use them together? In this session industry expert James Taylor will discuss the use cases for predictive analytics in the cloud. He [...]

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