fico

Some thoughts on Industrializing Analytics

January 31, 2012

Some time back I wrote a post called “It’s time to industrialize analytics“. In an ongoing twitter conversation (I am @jamet123) I referenced it and provoked some interesting responses that seem worth addressing in more than 140 characters. The conversation was between @JAdP, @deanabb, @merv, @ajbowles and myself and they are all worth following.
We spent some time [...]

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Predictive Modeling Tools for Analytic Teams #FICOWorld

November 3, 2011

The other session I got to see at FICO World was a panel discussion on analytic modeling tools with representatives from UniCredit (Italy), Ferratum (Finland), Nedbank (South Africa), and Citi.
Challenges and rewards of building an analytic modeling team

Always start from scratch with fresh, inexperienced teams and this is both challenging and rewarding
Challenges are personal and [...]

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Adaptive Control in Collections at a US Regional Bank #FICOWorld

November 3, 2011

Time for a quick session or two at FICO World. Chip Clarke and Andrew Beckman presented on the use of customer-level TRIAD to continuously improve their collection results for their retail banking products – to do “Adaptive Control”. Adaptive control, for those not familiar with the term, means continually challenging the way you make decisions [...]

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Wrapping up the Predictive Analytics in the Cloud research

October 31, 2011

The Predictive Analytics in the Cloud research we have been conducting is coming to an end. We have closed the survey having garnered over 200 business and technical professionals. – thanks to all who participated. We are going to publishing the study findings and survey results in a webinar and a white paper on November [...]

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Webinar: Predictive Analytics in the Cloud Survey Results

October 30, 2011

[ November 10, 2011; 10:00 am to 11:30 am. ] We surveyed over 200 business and technical professionals for our study on cloud based predictive analytic solutions. Thanks to all who participated. Study findings and survey results will be presented on Thursday, November 10, 2011 at 10:00 a.m. PT, 1:00 p.m. ET, and will include short presentations from our research sponsors – Clario Analytics, FICO, [...]

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FICO World Presentation: Predictive Analytics in the Cloud

October 3, 2011

[ November 3, 2011; 10:15 am to 11:15 am. ] Just announced: I am speaking on Predictive Analytics in the Cloud at FICO World on Thursday November 3rd at 10:15 ET
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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Predictive Analytics in the Cloud survey update

September 27, 2011

Just a quick note to update you on the Predictive Analytics in the Cloud research we are conducting. We have about 100 survey results already and some interesting trends are developing in the results.
Don’t forget, if you took the survey, that the results are anonymous and you need to register at smartdatacollective.com/predictive-analytics-cloud to get the [...]

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Blaze Advisor 7 Sneak Peek First Look

September 26, 2011

I got a chance to catch up with FICO to talk about the new release of Blaze Advisor recently. FICO has  a set of decision management solutions consisting of tools (primarily the Blaze Advisor business rules management system, the Model Builder predictive analytic workbench, Decision Optimizer and the Xpress Optimization Suite), applications and analytics (scores [...]

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Survey on Predictive Analytics in the Cloud – tell us what you think

September 20, 2011

Decision Management Solutions, the company of which I am CEO, is running a study on Predictive Analytics in the Cloud. Both Predictive Analytics and Cloud are hot topics and the intersection has tremendous potential. Whether it is using cloud-based decision management systems powered by predictive analytics, using the cloud to deliver predictive analytics to SaaS [...]

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Update on Predictive Analytics in the Cloud

August 31, 2011

Our Predictive Analytics in the Cloud research is moving forward. We announced this multi-stage, multi-client project a week ago and are busy developing the survey (plan is to launch this mid-September) and the initial position paper. I’ve had some great interviews with our sponsors (Clario Analytics, FICO, Opera Solutions, Predixion Software, SAS, Teradata, and Toovio) [...]

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Predictive Analytics in the Cloud

August 23, 2011

We announced are newest research today – Predictive Analytics in the Cloud. This is a multi-stage, multi-client project that will run over the next few months. We’ve had strong interest and have a great set of sponsors that should be familiar to readers from our First Looks – Clario Analytics, FICO, Opera Solutions, Predixion Software, [...]

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First Look – FICO Model Builder 7.2

August 18, 2011

Model Builder is FICO’s predictive analytic workbench remains focused on superior scorecard technology with advanced inferencing and reject inference (described in my review of Model Builder 7.1). Integration with the Blaze Advisor BRMS and integration for common variable libraries remains a largely unique feature. The focus of the newly announced Model Builder 7.2 is on [...]

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Update – Software AG

May 31, 2011

I got an update from Software AG after they announced webMethods 8.2 and ARIS 7.2.These two releases are the end result of work since Software AG acquired both companies. The releases contain features specific to both products based on their long standing roadmaps but Software AG also invested in improved integration of the two products. [...]

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Decision Management Product News Recap Q1 2011

April 6, 2011

Here is a recap of product news for Q1 2011
Analytics

First Look- Eagle Eye Analytics

Advanced predictive modeling for the Property and Casualty insurance market

First Look – SAS High Performance Computing

Distributed grid environment providing parallel job execution across multiple servers with shared physical storage

First Look – Opera Solutions

Analytics service provider that aims to improve machine intelligence and [...]

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First Look – Gurobi Optimization

March 2, 2011

Gurobi is the latest entrant to the mainstream optimization engine market (IBM/ILOG CPLEX and FICO Dash being the two main players with CPLEX having by far the largest market share). Gurobi was founded by Zonghau Gu, Ed Rothberg and Bob Bixby in 2008. The three of them were instrumental in the development of  CPLEX, the [...]

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First Look – FICO Model Builder 7.1

January 25, 2011

I got an update from the folks at FICO on the new release of Model Builder, their predictive analytics workbench. My last update was for Blaze Advisor 6.9 and Model Builder 7.0 and this release, Model Builder 7.1, is the first point release for Model Builder on the new 7.x platform.
For those of you who [...]

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Product Update – FICO Blaze Advisor in the cloud

October 18, 2010

FICO had an interesting announcement today – Blaze Advisor, their business rules management system, is supporting Microsoft’s Windows Azure platform for cloud deployments (the press release is here). The announcement is a first step only – at this stage Microsoft and FICO have focused solely on verifying the deployment of decision services built using Blaze [...]

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FICO Decision Management Platform – update

August 31, 2010

Model Builder 7.0, Decision Optimizer 6.1, Blaze Advisor 6.9
Decision Management remains the core focus for FICO with both a Decision Management platform and decisioning applications. The applications are increasingly built on top of the platform, sharing execution and modeling infrastructure. FICO still sees business rules as the basis for decisions, being improved and extended with [...]

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Scorecards – one place where rules and analytics meet

August 18, 2010

Eric Charpentier had a nice introduction to scorecards overs on his blog. He does a nice job of describing an additive scorecard, that is a scorecard designed to represent a predictive analytic algorithm (not to be confused with a dashboard-like scorecard). He does not talk much about reason codes – the ability of a scorecard [...]

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FICO Banking Analytics Blog

August 12, 2010

The folks over at the FICO Banking Analytics blog responded to my post on experimentation with their own take – The culture of experimentation. Worth a read as is the blog more generally, especially for those working with analytics in banking.

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