Posts Tagged ‘Innovation’

18th May 2009

Going Beyond Budgeting!

I spoke last week at a conference hosted by the Beyond Budgeting Roundtable. I spoke, as you might expect, on the topic of decision management and how it can deliver the kinds of systems a modern company needs. The conference overall was on the (frankly very appealing) idea that budgets can and should be replaced [...]

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posted by James Taylor in Decision Management, Strategy | 0 Comments

5th March 2009

First Look – Visual Rules

I sat down with Innovations Software Technology, now part of the Bosch group, to get my first good look at Visual Rules in a while. Release 4.4 is the current version (they released 4.3 in November and 4.4 just this week).
The tool is written in Java and based on Eclipse. About half their users are [...]

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posted by James Taylor in Business Rules, Product News | Comments Off

20th February 2009

The unrealized power of data

Syndicated from Smart Data Collective
Andreas Weigend, former amazon.com Chief Scientist, gave a keynote on the unrealized power of data. He started with a historical perspective. In the 70s perhaps 10M used computers, mostly in the back office. By the 80s this had reached 100M and the front office. By the 90s the internet and search [...]

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posted by James Taylor in Analytics, Strategy | 0 Comments

16th January 2009

With Data Mining you can even scare Walmart…

BusinessWeek had an interesting article in December about the growth of Tesco, a British grocery chain, and on its use of data mining as a competitive weapon. Here’s a quote:
Analysts say that Tesco’s big advantage over major international rivals, which also include Germany’s Aldi and Lidl, is its unrivaled ability to manage vast reams of [...]

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posted by James Taylor in Data Mining, Decision Management | Comments Off

2nd December 2008

From Data Warehousing to Strategic Data Assets

Usama Fayyad, previously Chief Data Officer of Yahoo, presented a keynote on From Data Warehousing to Strategic Data Assets – Case Studies on the Web: Social Networking, Direct-Response Marketing and Understanding Customer Behavior.
The number of users on the web continues to grow rapidly, approaching 1Bn. The data created as these users move around the web [...]

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posted by James Taylor in Analytics, BI, Data Mining | 0 Comments

2nd December 2008

Live from BIWA Summit – Competing on Analytics

At the Business Intelligence Warehousing and Analytics Summit at Oracle today. BIWA is part of the Oracle User Group focused on BI, analytics and data warehousing. Jeanne Harris of Accenture (author, with Tom Davenport, of Competing on Analytics) started off the day. The subtitle of her presentation is “Building Competitive Strategies Around Data-driven Insights”.
Analytics are [...]

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posted by James Taylor in Analytics, Data Mining | 0 Comments

2nd November 2008

EDM Summit – Emerging Trends Panel

Not really live this post as I am working from notes I took – after all I was on the panel and it’s hard to participate and blog at the same time. Joining me on the panel were Don Baisley of Microsoft, Ron Ross and Jim Sinur (of Gartner) – Neil had to leave. We [...]

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posted by James Taylor in Business Rules, Decision Management, News | 0 Comments

28th October 2008

Live from the EDM Summit – From Here to Agility

I am at the EDM Summit this week and will be blogging live from some of the sessions and posting random thoughts and comments in addition. Despite the difficult market conditions, attendance looks good with a nice full room for the keynote and attendees from 17 countries. This year’s event also has a dozen new [...]

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posted by James Taylor in BPM, Business Rules, Decision Management, Strategy | 4 Comments

15th October 2008

First Look – Chordiant’s Visual Business Director

Today Chordiant announced their new Visual Business Director (CxVBD). I saw an early prototype of this some months back and got a more detailed look at the finished product at their recent Customer Advisory Board. I really like CxVBD as I think it shows the critical business value of externalizing decisions. I have yet to [...]

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posted by James Taylor in BI, Decision Management, Product News, Strategy | 1 Comment

29th September 2008

Repositories, processes, decisions and more

Bruce Silver had an interesting article recently on The Next Innovation in BPMS in which he discusses the need for repository capabilities in BPM. Bruce makes the point that “next generation” repositories for process management must not only support process models, they must also support “decision models”, business object definitions, performance measurement information and service [...]

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posted by James Taylor in Decision Management | 0 Comments

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