Posts tagged as:

decision

Business processes and decisions – an emerging consensus?

January 21, 2010

Bruce Silver wrote a couple of interesting posts on this topic – Integrating Process and Rules – Part 1 and Part 2. Reading Bruce’s posts, and thinking back on the various posts I have written about business process and business decision management (Risks of pursuing BPM without decisioning, Adding decisioning to your BPM initiative or [...]

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What You Need to Know about Decisioning with Business Rules for 2010 and Beyond with Ron Ross

January 21, 2010

[ February 11, 2010; 10:00 am to 11:00 am. ] Our first webinar of 2010 is Ron Ross on Decisioning with Business Rules for 2010 and Beyond

How can you achieve an order-of-magnitude improvement in your current way of supporting business processes? Learn how other companies have done it – deliberately and with no silver bullets. In this thoughtful discussion, Ron reviews what leading companies are [...]

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A decision-centric organization

January 19, 2010

Syndicated from ebizQ
This week I thought I would write about decision-centric organizations. Organizations face many challenges in today’s business climate. Organizations whose success or failure is determined by the decisions they make (which claims to pay, which customers to target, which transactions to investigate for fraud) are handicapped by systems that are centered on processes [...]

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First Look – SAS Real Time Decision Manager

January 19, 2010

SAS Real-Time Decision Manager (RDM) is designed for inbound communications, complementing outbound communication solutions. It aims at real-time delivery of decisions and recommendations during a customer interaction to optimize that interaction to improve revenue, growth and retention. For example, in retail banking, a customer might come in with a new job with very different income [...]

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Progress Software and Savvion

January 14, 2010

I got a briefing from my friends at Savvion and their new colleagues at Progress Software (Savvion is being acquired by Progress).
Progress has been positioning itself around operational responsiveness – responding to opportunities and threats in real time, to what’s happening right now: What are competitors doing right now and can we adjust pricing, what [...]

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First Look – Aha

January 14, 2010

I got a chance to catch up with Aha! recently. Aha! is based in the Denver Tech Center and was founded back in 2006. Aha!’s premise is that it is now possible to build analytics into a platform and to focus on how to operationalize predictive models and deliver analytics within business processes. Initial customers [...]

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First Look – Dulles Research Carolina

January 14, 2010

I recently met the folks at Dulles Research, a scientific computing outfit focused on analytic solutions for enterprise software. The folks who founded Dulles had previously worked at Marketswitch (focused on large scale optimization and sold to Experian in 2004) and have a long history of working with companies who are serious about using analytics [...]

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Where to start with analytics?

January 6, 2010

Syndicated from BeyeNetwork
One of my google alerts pointed me to this thread on Oracle’s discussion forums OTN Discussion Forums : Text Mining Dictionary …. I got the alert because one of friends at Oracle responded to the question “Where to Start?” by quoting the book (Smart (Enough) Systems) I wrote with Neil Raden:
Wrong: Catalog everything [...]

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First Look – Scorto

January 5, 2010

I caught up with a new (to me at least) decisioning platform recently. Scorto works with credit organizations to manage credit risks and make objective decisions when selling mass credit products. They offer what they refer to as decision support (but I would call blended decision management and decision support) in everything from personal/small commercial [...]

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Quick thoughts on IBM and Lombardi

December 18, 2009

I have been out this week visiting clients and prospective clients on the east coast and so not blogging much. While I was gone IBM announced its acquisition of Lombardi. Now I don’t have much to add to Sandy Kemsley’s excellent post on the topic except to say that Lombardi has also been virulently anti-business [...]

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A predictive enterprise

December 18, 2009

Syndicated from ebizQ
I was reading an old SPSS presentation the other day and found a great definition of a Predictive Enterprise:
A predictive enterprise:

Derives maximum value from its data assets
Understands its business by gaining deep insight
Leverages advanced analytics to predict outcomes
Turns this knowledge into action to optimize decision making across all areas of its operations

I [...]

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Your movements speak for themselves

December 11, 2009

Syndicated from BeyeNetwork
Jeff Jonas had a great post on his blog recently, Your movements speak for themselves: Space-Time Travel Data is Analytic Super-Food! in which he made the point that:
Mobile devices in America are generating something like 600
billion geo-spatially tagged transactions per day.
With such huge volumes involved, this information is only going to be useful [...]

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Predictive analytics – in Excel of all places

December 10, 2009

Syndicated from BeyeNetwork
My friends at Zementis have just launched support for executing predictive analytic models in Excel – check out Predictive Analytics at your fingertips: Scoring data in Microsoft Office Excel. While not, exactly, a high-volume transaction environment, Excel is an interesting place for executing predictive models and I like the way the folks at [...]

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Some new white papers

December 10, 2009

I have added a couple of new white papers to my company site – check out the decisioning white papers page where you can register and download them.
The first is called “Smarter Systems for An Uncertain World” and is similar in concept to the keynote I gave at the Business Rules Forum: In an increasingly [...]

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Decision requirements diagram – a neat idea

December 9, 2009

Alan fish has started a blog on decision requirements and recently blogged on The Decision Requirements Diagram. If you are doing business rules or analytics, or better yet decision management, read this now. Fabulous, if straightforward and “obvious”, this is a diagram you should be using. I certainly plan to.

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Speaking at CT Business Rules User Group 12/17/09

December 9, 2009

[ December 17, 2009; 5:30 pm to 7:30 pm. ] I am presenting on Decision Management – putting rules and analytics to work at the Connecticut Business Rules User Group on Thursday December 17th at 5:30. This event is open to the public and is free. Registration is required – email president@hartford.theiiba.org. The schedule is:

Doors open at 5:30PM for registration and networking
Meeting Intro: [...]

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New IBM study on business analytics and optimization

December 9, 2009

IBM today released a new report on the progress companies are making adopting business analytics and optimization. The paper is called “Smarter decisions for optimized performance” (love it) and focuses on how companies are using analytics and optimization to “breakaway” – a sports analogy such as where a cyclist breaks away from the pack not [...]

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Decision Management and Event Processing

December 2, 2009

Syndicated from ebizQ
My buddy Claye Greene, Principal Consultant at Technology Blue (a Decision Management Solutions partner) wrote a great little article on Decisions and Complex Event Processing that I highly recommend. Like Claye I think Event Processing and Decision Management are highlly complementary and Claye sums it up nicely in his article:
To maximize the success [...]

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Teradata Magazine Online – Prepare for impact

November 30, 2009

Neil Raden and I helped write an article for Teradata Magazine – Prepare for impact – and you can find it online as part of Teradata Magazine Online. The article came out of some research on decisioning technology that Neil and I did together. You can download it from Teradata or from Decision Management Solutions.

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First Look – Convergys

November 30, 2009

While I was attending the Business Rules Forum a few weeks back I got my first chance to learn about Convergys. A major sponsor of the event, Convergys is focused on improving the customer experience and customer relationships using decisioning technologies. Building on a history in customer care and billing, Convergys is now a nearly [...]

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