data

First Look – Zoot

February 9, 2012

Zoot was founded in 1990 and has been providing hosted decision management solutions since 1992. With a focus on financial services, Zoot’s clients include 3 of the top 5 U.S. banks and they work with clients of all sizes and across all lines of business.  Instant credit decisioning is one of their critical offerings, but [...]

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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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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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Know any good free resources on predictive analytics?

February 6, 2012

I got a comment on one of my recent posts asking if I knew of any good free video resources on predictive analytics. While I have some videos up on the Decision Management Solutions YouTube Channel (youtube.com/user/DecisionManagement) I figured some of my readers must know of others. So, if you do, why not post a comment [...]

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Register for the first Decision Management Systems Platform Report webinar

February 3, 2012

The first webinar from my ongoing research into Decision Management Systems Platforms is coming up on February 16th at 10am PT – register here  for Four platform capabilities for Decision Management Systems.
This webinar kicks off what will be a continuing series of webinars as our definitive report on Decision Management Systems Technology Platforms comes to fruition [...]

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First Look – StatSoft STATISTICA

January 31, 2012

StatSoft was founded in 1984 and started building statistical software when it first became practical to deliver on the PC. STATISTICA is an enterprise predictive analytics platform on the Windows platform with role-based access, connections to the various data sources that companies have and support for data exploration through to deployment. The product has four [...]

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Some thoughts on decision terminology

January 30, 2012

An interesting thread over on LinkedIn got into a discussion of terminology and I thought I would share my opinion on this here:

Decision Management is an approach for supporting, automating, managing and improving decisions.

Decision Management Systems are systems that automate and manage repeatable decisions.
Decision Support Systems support people manage decisions, both repeatable and one-off.

To build [...]

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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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Here’s how focusing on decisions aligns analytics and business

January 17, 2012

In a recent article over on All Analytics – Analytics-Business Alignment Needs Work – Beth Schultz discussed a set of Gartner predictions written up by Doug Laney. In particular she highlights Gartner’s finding that companies
cited …aligning BI initiatives with corporate strategy and objectives nearly three times as often as they called out technology-related issues
This is [...]

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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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Webinar: Breaking Down Integration Silos with Holistic Integration

January 10, 2012

[ February 7, 2012; 11:00 am to 12:00 pm. ] I am giving a webinar with Talend on February 7th at 11am Pacific/2pm Eastern on holistic integration – the combination of data management, application integration and business process management for best in class integration.

You can register for the webinar here.

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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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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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First Look – Netuitive

December 8, 2011

Netuitive provides predictive analytics for IT. Based in Reston VA and founded in 2002 they have over 50large enterprise customers and 300 more through OEMs. Their solution is designed to prevent degradations and outages to critical applications and services by providing an intelligence layer on top of existing monitoring systems. Companies use the software for [...]

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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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First Look – Spotfire 4.0

November 14, 2011

I got a quick update on Spotfire 4.0 recently (announced today – I last reviewed Spotfire in February). This release was aimed primarily at getting analytics to a wider audience through analytic dashboards and social collaboration. As we all know, many people work with others in different locations and time zones. This requires strong context [...]

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