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Equifax has been expanding beyond credit bureau data in recent years by providing better access to a broad range of their own fraud, employment, wealth, commercial and alternative data sources as well as 3rd party data to position themselves as an insights company. As part of this focus, their Decision Management platform, InterConnect, was rebuilt [...]

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 [...]

Sparkling Logic is focused on enabling business and data analysts to manage automate decisions better and faster – what they call Analytics driven Decision Management. Sparkling Logic was founded in 2010 and I have blogged a few times about their decisioning platform (most recently here). Customers include Equifax, Paypal, FirstRate, Accela, Northrop Grumman and others [...]

First Look – ACTICO Rules

I got an update from a new player in the decision management market today - ACTICO. They aren’t really new, though, as they are using the Bosch SI business rules management system, Visual Rules (last reviewed by me in 2010). The Visual Rules business has been split with Bosch SI focusing on IoT and manufacturing and ACTICO focusing [...]

I last got an update from Rapid Insight in 2014 and caught up again with them recently to discuss their 3.0 release. Rapid Insight was founded in 2003 and has over 200 client sites across education, healthcare and other companies. The product set is focused on predictive analytics, ad-hoc analysis and self-service data preparation. Rapid [...]

Jan Vanthienen of the University of Leuven presented on business and decision analysis. We visualize the business using process, data and rules models he says to visualize it, to automate it and to eliminate confusion and ambiguity. But there are concerns about just modeling processes. In particular if one tries to model the whole of one's [...]

First Look: CRIF

I got an update from CRIF recently. CRIF is headquartered in Italy with $450M in revenue and 1,884 employees. They have customers in over 50 countries, offer credit bureau services in over 15 countries and credit decisioning solutions worldwide. Most customers are financial institutions though they have customers in other industries such as telco, utilities, [...]

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 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 [...]

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. [...]

BigML Update 2015

I last got an update from BigML back in 2013 when they updated us on their predictive analytics/machine learning platform. Since then they have been adding new algorithms, especially in unsupervised machine learning techniques, and generally updating the interface and workflow. With about 15,000 registered users Big ML is moving into enterprise customers more and [...]

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 [...]

Angoss has been selling analytic software, installed and increasingly hosted, for about 20 years. Angoss aims to satisfy advanced statisticians as well as business users with the skills and acumen to develop advanced analytics. Angoss  KnowledgeSEEKER 9.0 is the latest release of their flagship product. Release 9.0 adds automated workflow to the existing decision tree [...]

SAS is upgrading its in-memory analytics products with SAS® Visual Statistics (forthcoming) and SAS® In-Memory Statistics for Hadoop. SAS In-Memory Statistics for Hadoop is available now and SAS Visual Statistics is going to be shipping in July of 2014. SAS Visual Statistics is based on the SAS® LASR™ Analytic Server for in-memory processing and is [...]

FICO has recently acquired InfoCentricity, makers of two advanced analytics products - Xeno (for building predictive scorecards, reviewed here) and StrategyTrees (decision trees). InfoCentricity has about 40 clients (some with over 100 modelers, some smaller). Most of these companies are also FICO clients though not generally for analytic modeling tools. Clients use the tools in [...]

Rexer Data Mining Survey 2013

Karl Rexer just published his summary of this year's Rexer Data Mining survey. As always there's lots of good information but here are my favorite takeaways: As in our own work on Predictive Analytics in the Cloud, the survey fond that a focus on customers and on customer experience/engagement was top of mind. CRM/Marketing is [...]

First Look: Datameer

As part of an ongoing expansion of our ecosystem mapping to include more Hadoop-based products I recently got an update from Datameer. Datameer was founded back in 2009 by Stefan Groschupf, who was one of the original contributors to Nutch, the open source project that spun off Hadoop. Prior to starting Datameer, he and the [...]

First Look: BigML Update

I got an update from BigML recently – I first blogged about them back in December. BigML has continued to grow since then, opening the product to general use (you can sign up here). They now have over 4,600 users and more than 100 paying customers. The product still offers a simple interface underpinned by [...]

I got an update on Marketswitch Optimization as part of my series on marketing decision management solutions. Experian positions Marketswitch Optimization for the most advanced stage of decisioning– as clients move from profiling and segmenting their customers, to predictive scoring and business rules to optimization. They see some interesting numbers for improvement through this lifecycle [...]

Decision optimizer is one of FICO’s Decision Management Tools and is designed to address some specific challenges in customer decisioning, particularly that there are often competing objectives and very large numbers of customers (and thus customer decisions) involved. Combine this with the many possible action combinations, uncertainty about what customers might do, as well as [...]