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First Look: DataRobot

DataRobot is focused on automated machine learning and on helping customers build an AI driven business, especially by focusing on decisions that can be automated using machine learning and other AI technologies. DataRobot was founded in 2012 and currently has nearly 300 staff including 150+ data scientists. Since it was founded, well over 200M models have [...]

I recently worked with Tho Nguyen of Teradata on a white paper called Illuminate Dark Data for Deeper Insights While organizations of all sizes across all industries are keen on becoming data-driven, most focus on only a fraction of the many types of available data. Not accessing a fuller spectrum of data, including those from “dark [...]

State Farm presented at IBM InterConnect 2017 on their challenges with large scale deployment of IBM Operational Decision Manager (ODM) – IBM’s Business Rules Management System. State Farm has a set of specific things it wants out of its BRMS: Well defined artifact lifecycle for auditing Rigorous deployment process support for confidentiality and consistency Self-service so authorized users [...]

I am giving a webinar with the International Institute for Analytics on Bringing Clarity to Analytics Projects with Decision Modeling: A Case Study on February 2 at Noon Eastern To succeed, an analytics or data science team must effectively engage with business experts who are often inexperienced with advanced analytics, machine learning and data science. They need a [...]

JMP 13 and JMP Pro 13 launched in September 2016. JMP is a business unit of SAS with more than $60M in revenue with growth and a focus in manufacturing and life sciences. Lots of engineers, analysts, researchers and scientists as users. JMP has specialty products in Genomics and Life Sciences but this release is [...]

I am participating in a webinar on “The citizen data scientist: Can you democratize analytics for better business outcomes?” with Information Management, sponsored by Dell. Analytics is about better understanding customers, markets, and other phenomena that impact business performance. So while PhDs in mathematics and computer science play an important role in analytics success, employees with [...]

Last session for me at IBM’s World of Watson is the keynote from IBM CEO, Ginni Rometty. Another very slick video on the different ways IBM’s cognitive, cloud and analytic solutions are being used around the world got us started. And again, IBM emphasized “with Watson” as part of their ongoing positioning of Watson as additive to people, [...]

First Look: Enova Decisions

Enova Decisions was launched in January of 2016 as an outgrowth of Enova International’s existing technology and analytics capabilities, which are used to offer online consumer and small business loans to 11 brands in six countries including NetCredit and Headway Capital. Launched in 2004 as an online lender, Enova does all its own analytics for [...]

One of my students (from the UCI Extension Predictive Analytics Certificate in which I teach Business Goals for Predictive Analytics) sent me this article on Toyota Financial Services and its use of data science, predictive analytics, in collections. It’s a great example of how to use analytics to improve your business outcomes and well worth a [...]

There is a great article from Bain and Company from 2013 that Elena Makurochkina (@elenamdata) pointed me to today – Infobesity: The enemy of good decisions. This is not only a fabulous phrase – infobesity feels viscerally correct as soon as you see it – but a great article too. Some quotes: Companies have overindulged in information. Some [...]

We are running our regularly scheduled, and highly reviewed, Decision Modeling with DMN training again July 19-21, 9:30am-11:30am Pacific each time. Decision modeling with the new Decision Model and Notation (DMN) standard is fast becoming the definitive approach for building more effective processes and for specifying requirements for business rules and predictive analytic projects. With decision modeling, [...]

I am faculty member of the International Institute for Analytics and Bob Morison has recently published some great research (to which I made a very modest contribution) on Field Experience In Embedded Analytics – a topic that includes Decision management. If you want access to the full research you will need to become an Enterprise Research [...]

Interested in Big Data Governance?

I got an email today from a doctoral student trying to complete their dissertation. They are looking for 10 or so participants to complete data collection for a study on The Role of Data Governance Mechanism in Managing the Big Data Environment. If you’re interested, please contact Stephanie by email for more information: Stephanie Cutter sstreich@capellauniversity.edu

Sometimes Scott Adams just nails it and late last year I saw this great strip on The Generic Graph. Work with analytics long enough and you see something akin to this – something Mychelle Mollot of Klipfolio called Building a One-size-fits-all Dashboard – one of the 6 mistakes she talks about in this article that she pithily summarizes as the “this sucks for [...]

We are running our regularly scheduled, and highly reviewed, Introduction to Decision Management training again February 23-25, 10am-11:30am Pacific each time. Decision Management allows the effective automation of decision-making combined with increased business agility and greater effectiveness. Decision Management is a proven approach for adopting business rules and predictive analytics technology. Used with these technologies, [...]

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 [...]

Mark Clare, the Global Head of Data/Information Management and CDO at HSBC, came up next to be interviewed by Jill Dyche of SAS. Mark has been a CDO previously and took his latest role in large part because it is a business role focused on driving data into the operations of several division. He and [...]

Final session today focused on systems and architecture for Big Data Analytics. It began by talking about the friction between business and IT and how this is increasing, especially around information and analytics where business users want to be able to work with data without worrying about IT. This creates challenges for IT specifically: The [...]

First Look: Dataiku 2.0

I last got an update from Dataiku in November of 2014. Since then they have raised money and opened an office in New York. New features and capabilities have been added to the product and they are seeing good interest in the product from US customers as they expand here. The 2.0 version has been [...]

I am giving a workshop tutorial at BBC 2015 on Business Analysis and Architecture with Decision Modeling Monday November 2, 1:30pm: The proven technique of decision modeling is fast becoming the go-to approach for extending business architectures and system requirements to include business decisions. Modeling business decisions as peers to business processes is central to accurately [...]