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I am attending this year's Building Business Capability conference and blogging sessions like this one from Jim Sinur of Aragon Research. I gave a tutorial earlier in the week on decision modeling with DMN and will be speaking later in the week with David Herring of Kaiser Permanente (and signing my new book, Available now! Real-World Decision Modeling [...]

At IBM Insight 2014 this week to hear about IBM's latest data and analytics offerings. Tomorrow I will be speaking myself on how event-centric decisions represent an inflection point in real-time decision making. For now though it's going to be all IBM. After some great rah-rah intro material from Jake Porway and Jeff Jonas, Bob Picciano came [...]

A short video in which I discuss the past and future of Decision Management as part of celebrating IBM Press' 10th year. I published Decision Management Systems:A Practical Guide to Using Business Rules and Predictive Analytics with IBM Press at the end of 2011 and you can but it direct from IBM Press here or amazon.com here.

In this series so far we have discussed a number of standards - R, PMML and Hadoop - that are well established. There are also some future developments that are worth considering—the emergence of the Decision Model and Notation standard, growing acceptance of Hadoop 2 and planned updates to PMML specifically. As regular readers of [...]

I recently gave a webinar on the results of our Predictive Analytics in the Cloud research (you can watch a replay here on Information Management). During the webinar we had some great questions and, as I did not get to all of them, I promised to write a blog post to address them. Meanwhile the [...]

There's just a day left before we present the results of our Predictive Analytics in the Cloud 2013 survey and research. The webinar is on Tuesday October 22 and is hosted by Information Management - you can register for it here. It's entitled Predictive Analytics in the Cloud 2013 - Opportunities, Trends and the Impact of [...]

A couple of weeks ago I posted a sneak peek of some of the results from our survey on Predictive Analytics in the Cloud. With a week to go until the results webinar over on Information Management I thought I would post a few more. If you want to see the webinar or a recording of it, [...]

Michael Karasick from the Almaden lab came up next to discuss Big Data and its role in the IBM research agenda. Almaden's mission is "science and data to extend human capability." IBM invests heavily in 12 research labs around the world and focuses on pure research as well as R&D for products. Once a year [...]

As many of you know, Decision Management Solutions publishes a report on Decision Management Systems platform technologies. We have just released a new version with more vendor information, links to product reviews and great new content on best practices and key product characteristics. To recap: Decision Management Systems are agile, analytic and adaptive. They are [...]

Brenda Dietrich from IBM research wrapped up the morning with a discussion of some of IBM's research. This involved both managing uncertain data at scale and driving analytics for this data. Projects cover systems of people, the future Watson, Outcome-based business and resilient business and services. As everyone knows there's a lot more data out [...]

Organizations are adopting a new class of operational systems called Decision Management Systems to meet the demands of consumers, regulators and markets because traditional systems are too inflexible, fail to learn and adapt and crucially cannot apply analytics to take advantage of “Big Data.” Decision Management Systems, as I described in my book, are agile, [...]

Trends in smarter business analytics

Don Campbell, CTO Of IBM's Business Intelligence group, presented on trends in smarter business analytics. He sees four focus areas - improving customer understanding, optimizing real-time decisions, better enterprise visibility and improved collaboration. All underpinned by managed, trusted data. IBM's customers tell them that the 3 big challenges are A lack of understanding of how [...]

IBM identified three big trends in predictive analytics that will drive some of its development efforts around predictive analytics: New Data New data types such as images and video as well as new sources like RFID and mobile devices must be accounted for and become part of how predictive analytics are built. Access to this [...]

IBM recently surveyed CIOs as part of their ongoing CxO research. This was the second time they did this – 2009 was the first. They just released the results of their analysis of the 3,000 interviews they conducted in 71 countries. The results are summarized in the body of the post along with some Decision [...]

I am giving the closing keynote at IM 2011 - from information to decisions on October 12th in Copenhagen, Denmark. The data you have, the way you analyze it and use it, and the way you act on this analysis can drive better results and business outcomes. This ability to improve decision making – to [...]

Gartner BPM 11 Closing Keynote

Daryl Plummer gave the closing keynote - "If I had a time machine". He began by differentiating between science fiction and fantasy - science fiction being a vision of the future that is based on some extrapolation of currently understood science and facts. Fantasy is completely based on the whims of the visionary. What he [...]

The folks at IDC (Dan Vesset, Maureen Fleming, Steve Hendrick, Henry Morris and others) have just released Worldwide Decision Management Software 2010–2014 Forecast: A Fast-Growing Opportunity to Drive the Intelligent Economy – the first ever market sizing for “Decision Management”. This is exciting – it’s great to have a leading research organization like IDC pull [...]

IBM and MIT/Sloan recently published "Analytics - the new path to value". This study had a lot of interesting points and was very decision management centric in my mind. Some thoughts: The main challenges for companies adopting analytics were innovating to be deliver competitive differentiation and growing revenue. Reducing costs, gaining efficiencies and profitably retaining [...]

Integration Roadmap #inext2010

The key goals or areas of focus for Pervasive in developing its roadmap are: Connectivity Verticals Cloud Data Quality/MDM Internationalization Management and Administration Performance and scalability ... and partnerships to fill in any gaps So, product by product, here are the things I thought were interesting The Connectivity roadmap includes a focus on not just [...]

Top 10 analytic mistakes

Syndicated from Smart Data Collective One of my favorite presenters, John Elder, presented his top 10 analytic mistakes at Teradata Partners. Lack Data is problem zero - obviously you need data to do data mining and analytics. Without data that is relevant to the problem you cannot use analytics to solve it. In particular it [...]