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First Look: Predixion 4.0

Predixion released 4.0 of Predixion Insight in October 2014 and I got a product update recently. First, some quick background on Predixion: They started back in 2009 based in California and Washington and recently added an office in Europe. 70 employees now with a core set of partners and investors. Their focus is on making [...]

One of my big focus areas right now is using decision requirements models to frame predictive analytic projects. We are working with a few insurance companies as well as a couple of manufacturing companies to apply decision requirements modeling in their analytic requirements process and I am excited by the potential. I recently wrote an article for [...]

Information Management just published my latest column An Analytics Capability Landscape discussing our recent research on decision-led, role-centric, style-based selection of analytic capabilities.

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Finally style-based: With a clear understanding of the [...]

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. Next up role-centric: Decision-making problems can be solved [...]

As part of my recently completed research on the analytic capability landscape, I introduced an approach to selecting analytic capability that is decision-led, role-centric and style-based. I go into the approach more in the research report but I wanted to highlight a few points in a series of blog posts. First decision-led: Given the focus we saw [...]

Last week OpenText acquired Actuate and their CEO, Mark Barrenechea, blogged about the acquisition. As Mark says "analytics are a hot technology" so mergers and acquisitions in the analytic space are to be expected. With OpenText's focus on Enterprise Information Management and its strong content management capabilities, an analytics firm like Actuate makes good sense. OpenText already had content management, business process [...]

It's clear when you analyze analytic capabilities that there are three main reasons people use analytics: A need to report on some aspect of the organization A need to monitor the organization’s behavior or performance A need for the organization to make data-driven decisions As part of my recently completed research on the analytic capability landscape, [...]

Yseop Update

I got an update from Yseop recently, having last been briefed back in August 2013.Yseop has repackaged its capabilities into two products - Yseop Smart NLG (Natural Language Generation) and Yseop Smart Machine. Yseop Smart NLG is software that turns data into text and narrative, primarily working in finance, business analytics and business intelligence while [...]

I have recently completed some research on the increasingly broad portfolio of analytic capabilities available today. These capabilities range from traditional Business Intelligence (BI) capabilities like reporting and ad-hoc query to modern visualization and data discovery capabilities as well as data mining and advanced analytics. These capabilities are often presented as part of a maturity curve, where [...]

I got a quick update on TIBCO Spotfire recently having last been updated on TIBCO Spotfire 6.5. Since then TIBCO has acquired Jaspersoft and created their TIBCO Analytics group. In addition TIBCO has been taken private though no organizational or business strategy changes have resulted. The various analytic products continue to be fairly independent though [...]

Dataiku, a company founded in 2013 and based in France, launched their product, Data Science Studio (DSS), in February 2014. DSS is a web-based analytic software platform designed for data scientists and analysts. The product is designed to improve the effectiveness and productivity of data teams especially when it comes to turning raw data into [...]

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 [...]

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. [...]

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 [...]

First Look: WebAction

I got an update from WebAction recently. WebAction was founded in 2012, is backed by Summit Partners and is headquartered in Palo Alto, CA. The founders come from working together at GoldenGate and some prior companies, such as WebLogic. WebAction’s focus is on what they call “Data Driven Apps” - on moving from data presentation [...]

Tracy Allison Altman over at Ugly Research has a great new  white paper - Data is easy: Deciding is hard - in which she quotes me (thanks Tracy). It's a great paper and makes what I think is the critical point - that you don't need a data culture but a decision culture. And I would add [...]

Beth Smith and Fred Balboni kicked things off at the IBM Big Data & Analytics Summit. IBM has been making big investments in data, Big Data and analytics. Increasingly they see customers using data for competitive advantage in new ways, taking advantage of the cloud for development and deployment. In particular they see their customers using [...]

Rob Walker kicked off day 2 of PegaWorld talking about Decision Management and the role of analytics in customer engagement. He began by talking about John Boyd and his theory of engagement - the OODA loop - Observe, Orient, Decide and Act (something I referenced in Decision Management Systems: A Practical Guide to Using Business Rules and [...]

Next up an executive panel on digital transformation from the C-Suite with a CTO, a CIO and a CFO from Lloyds Bank, UnitedHealthcare and the FBI. UnitedHealthcare's key element for digital transformation was a focus on members, consumers rather than on enterprise customers. For instance this means delivering customer service interactions that are not disjointed based on internal processes. [...]