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SAP BusinessObjects Predictive Analytics 3.1 is the current release of the SAP predictive analytic suite. Like most in the analytics space, SAP sees its clients struggling to make use of massive amounts of data that are newly available while facing ever increasing business expectations, faster business decision cycles and an analytical skill gap. SAP therefore [...]

I recently worked with Tho Nguyen of Teradata on a white paper called Illuminate Dark Data for Deeper Insights While organizations of all sizes across all industries are keen on becoming data-driven, most focus on only a fraction of the many types of available data. Not accessing a fuller spectrum of data, including those from “dark [...]

First Look: Conductrics 3.0

I caught up with the folks from Conductrics to learn about their 3.0 release (I have blogged about Conductrics before). Conductrics has been in the decision optimization business for many years now. At its core Conductrics is about assigning customers to experiences. They recently released 3.0 with some new features. Conductrics Express is a point-and-click [...]

I am speaking with Tina Owenmark of Cisco on The Role of Decision Modeling in Creating Data Science Excellence at Predictive Analytics World in San Francisco. Cisco's Data Science Office focuses not just on data science, but also on shaping the questions and answers for Cisco's operational groups. They focus not on technology or algorithms but [...]

I am giving a webinar with the International Institute for Analytics on Bringing Clarity to Analytics Projects with Decision Modeling: A Case Study on February 2 at Noon Eastern To succeed, an analytics or data science team must effectively engage with business experts who are often inexperienced with advanced analytics, machine learning and data science. They need a [...]

JMP 13 and JMP Pro 13 launched in September 2016. JMP is a business unit of SAS with more than $60M in revenue with growth and a focus in manufacturing and life sciences. Lots of engineers, analysts, researchers and scientists as users. JMP has specialty products in Genomics and Life Sciences but this release is [...]

I am giving a webinar on November 16 at 10am Pacific/1pm Eastern with Oracle on "Innovations Driving the ROI of Real-Time Analytics" New innovations are making it more practical than ever to deliver real-time operational analytics. As costs decline and technical barriers are overcome, organizations in every industry can improve their operational decisions with better, [...]

Continuing blogging from Building Business Capability and it's time for Jan Vanthienen to talk decision modeling for the business analyst. Jan is a leading researcher into decision modeling and decision tables at the University of Leuven. Observation 1: Decisions are important for business, not only processes. Too often, he says, the process is modeled with no [...]

An additional blog post here on a session at Building Business Capability that I missed - Business Analysis for Data Science teams. I know Susan Meyer who presented it and we talked several times about her presentation. It's a really key topic so I wanted to present a summary. Here goes: There is a lot [...]

Continuing with presentations at Building Business Capability, Kaiser Permanente and IBM presented on their decision management and cognitive platform for application development innovation. For those of you that don’t know, Kaiser is the Nation’s largest not-for-profit health plan. They do everything from inpatient, to home health, hospitals, hospice, pharmacy, and insurance. 10M+ members, 17,000 doctors and [...]

AllAnalytics recently asked its readers "What is the greatest danger spot for analytics projects?" and the results are pretty clear. Here's a snapshot (the percentages have been pretty stable): Top of the heap is "Identifying the Business Problem" with over 40% Then it's a close run thing between "Data sourcing" and "Putting data into action", both at 20% [...]

Continuing in the analyst program at IBM World of Watson we got an update on the evolution of IBM's Cloud Platform from Bill Karpovich. Cloud, he says, is strategic. Vendors must disrupt with cloud or be disrupted by it. Over the last few years, cloud has evolved from efficient public cloud infrastructure to new applications [...]

One of the announcements at IBM's World of Watson is of the new Watson Machine Learning Service. I got a chance to ask a few questions about this new capability. A couple of key elements emerged regarding the current platform and the immediate announcement. First, some context. The Watson Data Platform (also announced at World of [...]

Second keynote at IBM's World of Watson is on the role of cloud and data as the foundation for cognitive systems and businesses. Bob Picciano from IBM's analytics business kicked things off. Bob began with a discussion of how IT's value has changed - from a focus on processing and how fast/cheap it can be done to a [...]

Jerome Boyer of IBM presented a methodology - Best Practices for Managing a Cognitive Business Operations (CBO) Journey Proven Method. Cognitive, in this context, is about extracting intent from unstructured text using natural language and thus improve process execution. By adding Watson services to a BPM/ODM installation, organizations can improve interactions, improve assignments, improve advice and deliver faster reactions. For [...]

I participated in a webinar Building Outstanding Customer Relationships: Delivering Relevant Next Best Actions for Retail Bank Customers with Steven Noels of NGDATA. We discussed next best action marketing, where each customer becomes a “segment of one” versus a “segment of many,” improving marketing action precision and relevancy. Implementing next best action marketing requires the right technology to give you [...]

I am participating in a webinar Building Outstanding Customer Relationships: Delivering Relevant Next Best Actions for Retail Bank Customers on September 21st at 12 Noon Eastern/9am Pacific with Steven Noels of NGDATA. Next best action marketing is a tactic that has been around for a while, but few marketers have been able to fully take part [...]

I am giving a webinar with FICO and Automotive News on Strategies for Driving Real-time, 24x7 Business Outcomes through Analytically-Driven Decisions, July 12th at 2:30pm Eastern. The automotive industry has invested heavily in its Big Data, digital, business intelligence, and analytic infrastructures. But insights promised by these investments frequently remain hidden in the vast amount of [...]

I am participating in an International Institute for Analytics webinar, 9am Pacific on June 23 "Prescribing the Right Decisions with Prescriptive Analytics" Automation of everyday activities holds the promise of consistency, accuracy and relevancy. When applied to business operations, the additional benefits of governance, adaptability and risk avoidance are realized. Prescriptive analytic empowers both systems [...]

First Look: Modelshop

Modelshop was founded by Tom Tobin, someone who has spent his career building analytic applications in credit origination, portfolio optimization, risk management and fraud detection for major financial institutions. Tom’s vision for Modelshop is to make the technologies that enable these types of solutions available to all organizations so they can make their analytics actionable. [...]