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#IBMInsight IBM Watson Analytics

After a quick catch up with the IBM Operational Decision Manager (business rules) and IBM SPSS Modeler teams to talk about their cloud and Spark enhancements respectively, it’s time for more on Watson Analytics. I last blogged about Watson Analytics last year so it will be interesting to see what’s been going on since then. [...]

My second session at IBM Insight is Hamilton Faris Chief Data and Analytics Officer of MetLIfe – a past customer of ours – talking about Predictive Analytics.  MetLife of course is a big insurer with 100M customers in 47 countries. The group Hamilton runs focuses on bringing analytics to the forefront of the decision-making process [...]

First Look: IBM ODM on Cloud

I have blogged about IBM ODM (Operational Decision Management – their Business Rules Management System) many times before (most recently about ODM Advanced here). IBM has a new cloud offering – IBM ODM on Cloud – that was announced in early October. IBM ODM has offered various deployment options for a while – on premise, [...]

I am giving a webinar with IBM on Transforming Operational Systems: Analytics and Decision Management, August 11 at 11am Eastern Organizations today face rapidly changing environments where operational systems need to do more than just process high volume transactions quickly. They must also be able to execute informed business decisions for greater customer service and personalization. This [...]

IBM’s advanced analytics portfolio contains its descriptive analytics, predictive analytics and prescriptive analytics products (everything from Cognos to SPSS to optimization and decision management). Within this portfolio is IBM’s decision optimization portfolio that contains the solver technology embedded in many IBM and external products. This demand for decision optimization involves enterprise Operations Research (OR) teams, [...]

I last got an update on SPSS early last year. In March 2015, IBM released an update for the complete set of products in its advanced analytical portfolio. Analytical Decision Management (ADM) is positioned as part of this portfolio of predictive and prescriptive analytic tools. IBM’s advanced analytic portfolio is focused on having meaningful impact [...]

#IBMInsight Internet of Things

Jake Porway came back to talk about the coming explosion of data. With the Internet of Things, drones and more sensors everywhere, our current view of “big data” is going to seem quaint in the not too distant future. So much more data is going to come flooding in we have to adopt new technologies and new [...]

Second day at Insight 2014 and the opening keynote is about transforming your industry. Mike Rhodin kicked things off by discussing how people think – by observing, interpreting what we see based on our experience and biases, and then we decide what we are going to do.  But there is a limit to how well we can do [...]

Pej Javaheri come on to talk about the use of analytics to “be essential”. Analytics, he said, has arrived across marketing, sales, finance, IT and more. The results from applying analytics are clear and powerful, with research showing very strong ROI. IBM, he says, is focused on putting analytics in the hands of everyone while making it easy [...]

Shanker Ramamurthy kicked off the session, describing how, as the world’s economy is digitized, the use of Big Data and analytics to compete in the new real-time economy becomes essential. The latency with which enterprises much develop and implement solutions is collapsing to zero. Customers are demanding more value for money at the same time, requiring not just faster [...]

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 [...]

I am speaking at IBM Insight on Customer-Centric Enterprises Leverage IBM ODM Advanced to React Accurately to Risks and Opportunities at 1:45pm Pacific in Mariners B. Business rules combined with predictive analytics address a proven solution to a wide array of traditional business problems where micro decisions are to be made about individual customers at well [...]

I blogged a little about the tech preview of IBM’s Operational Decision Manager – Advanced product when I was at IMPACT and I recently got a full briefing on the new ODM Advanced release. ODM Advanced has been under development for about 2 years with early access for customers back in late 2013 and technology [...]

Last up an executive panel focused on Watson Analytics: How much data, how complex or what kind of data drives value from Watson Analytics? Self-service is core to the value proposition more than the kind of data or volume of data If you have only a little data then one of the interesting aspects is [...]

Steve Gold came up to talk about how IBM Watson. Watson, of course, started with the focus on analyzing unstructured data to present hypotheses and learn from the results. Watson brought together lots of IBM projects and technology and Watson Analytics is similar – a combination of various technologies and projects to solve a new problem. [...]

Next up at the IBM Watson Analytics Cloud announcement is a partner panel with SugarCRM, AVENT and Truven Health Analytics: AVENT is a global technology company with a deep services company with a group focused on using analytics. SugarCRM is a CRM software company focused on helping businesses create extraordinary customer relationships. Truven Health is focused on using [...]

Next up a customer panel with cspire, xo communications and Purdue University. First question was what new things can you do with Watson Analytics? Easily convert data into a story in the context of a business The cloud supports a very distributed workforce allowing  more people to access more advanced analytics Empowering people who would [...]

Dave Laverty kicked off IBM’s big Watson Analytics announcement event in New York.  The focus today, he says, is the reinvention of the analytic experience with a degree of simplicity that puts analytic power in the hands of everyone. Bob Picciano joined him to make the key announcements. Back in January IBM announced the Watson business unit, a vertically [...]

Brian McDonough has been writing (with Dan Vesset, Steve Hendrick, Henry Morris and others) on Decision Management at IDC for many years and he has recently published an IDC MarketScape: Worldwide Decision Management Software Platform 2014 Vendor Assessment. The report has an IDC MarketScape figure, IDC’s opinion on the Decision Management market, process and software as well as some [...]

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.