Posts tagged as:

OR

BPM Optimization and Simulation

October 5, 2009

Jim Sinur is up next on optimization and simulation. The world is changing fast so he sees the use of optimization and simulation becoming broader than its traditional role of improving existing process. Optimization and simulation allows:

Try new processes in a safe environment
Give business people power to try changes before they go live
Help in scenario [...]

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First Look – TOA Technologies

September 9, 2009

I got a quick overview of TOA Technologies recently. TOA Technologies was founded about 5 years ago to solve “the cable guy” problem – customers waiting at home for hours without knowing when the cable guy, or any other appointment, is going to arrive. Their core idea was that they would predict, with a high [...]

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Top 10 mistakes on data mining – on YouTube!

July 10, 2009

Syndicated from BeyeNetwork
John Elder of Elder Research is well known in data mining circles and speaks/teaches regularly. Not only has John recently released a new book (Handbook of Statistical Analysis and Data Mining Applications), he has now released his great seminar on the top 10 mistakes in data mining on YouTube! Highly recommended for anyone [...]

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Optimization and Business Processes

May 6, 2009

ILOG and XM presented on optimization and business processes. Optimization in this context is about mathematical optimization aimed at decision support or Operations Research. Creating plans and schedules to optimize use of resources. Optimization helps business create best possible schedules or plans, explore their alternatives and understand trade-offs between conflicting goals. For instance, how much [...]

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The 2009 Rexer Data Mining Survey – A conversation with Karl Rexer

March 4, 2009

Syndicated from BeyeNetwork
I recently had the chance to talk with Karl Rexer, President of Rexer Analytics, about their recently launched Data Miner Survey. This is the 3rd year they have run it and I blogged about the results from last year’s back in October.
JAMES: This is your third year conducting this survey, what new [...]

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The High ROI of Data Mining for Innovative Organizations

February 19, 2009

Syndicated from Smart Data Collective
John Elder presented a collection of case studies to showcase the ROI of data mining. John started by making the point that many of his case studies had technical success but not business success – an interesting statistic. John sees three major ways that predictive analytics can help – streamlining, eliminating [...]

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DIALOG closing thoughts – better decisions for a smarter planet

February 12, 2009

One of the best things about being at DIALOG was the opportunity to meet a bunch of ILOG customers and learn how they are making better decisions in their organizations. It seems to me that every one of these customers is, in a very practical way, helping to build a smarter planet. The first group [...]

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DIALOG Product Roadmap (not really)

February 4, 2009

Nicolas Robbe came next to give some updates on the product roadmaps. To be honest what he mostly did was summarize recent developments – nothing really about futures.
First he talked about optimization and CPLEX’s 20 year history. With CPLEX 11 they feel they can solve 70% of the very hardest optimization problems – way up [...]

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IBM and ILOG for a smarter planet

January 27, 2009

One of IBM’s big initiatives is their focus on a smarter planet. One of the ways IBM could really use ILOG is to make the construction of smarter systems (or smart (enough) systems) easier and faster. To illustrate what I mean I took some quotes from Sam Palmisano’s Smarter Planet speech
our world is becoming instrumented

Absolutely [...]

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Rexer Analytics Data Mining Survey Results Released

October 2, 2008

Karl let me know that the results from his survey are available – you can find them on the Rexer Analytics site – so I thought I would take a look and blog about them. Karl collected 348 responses from individuals in 44 countries and I found the results worth a read. A few highlights:

CRM/Marketing [...]

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An interesting poll on data miners and PMML

August 7, 2008

PMML – The Predictive Modeling Markup Language – is the primary XML format for describing predictive analytic models so that a modeling tool can share a model with either another modeling tool or, more usefully, with a deployment environment. The folks over at KDNuggets recently ran a poll asking their readers about their use of [...]

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First Look – Visual Numerics

June 27, 2008

Visual Numerics is a 100 person, privately held company that’s been around for a while – nearly 40 years – and yet is largely under the radar thanks to the size of other “analytics” companies. As the business world moves from BI to analytics it is sometimes finding that BI tools are really focused on [...]

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Gartner, BI and Smart (Enough) Systems

May 5, 2008

Two of Gartner’s smartest analysts – Kurt Schlegel and Gareth Herschel (shameless plug) – just published an excellent little paper called “Business Intelligence and Decision Making“. This paper was one of Gartner’s Strategic Planning Assumptions and the (free) summary says:
A subset of organizations that seek a competitive advantage will evolve the primary role of their [...]

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Decision Management, Operations Research and BI

May 5, 2008

I spoke to Seth Grimes last week about an article he was writing that just published on Intelligent Enterprise -What BI Practitioners Can Learn From Operations Research. As I was reading the article I also noticed a response over on Michael Trick’s OR blog -Business Intelligence and Operations Research. Both Seth’s article and Michael’s response [...]

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