predictive analytics

IBM Analytical Decision Management Update 2015

April 29, 2015

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 on […]

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Take the Rexer Analytics Data Miner Survey!

March 23, 2015

The 2015 Rexer Analytics Data Miner Survey has launched. This survey is a great asset for the analytic and data mining community. Like many who look forward to the results I would like to ensure that the survey reaches a large and diverse group of analytic professionals, students and academics. The survey is for all analytic […]

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Webinar: Identifying the Right Analytic Capabilities in the Era of Big Data

March 17, 2015

[ March 25, 2015; 11:00 am to 12:00 pm. ] I am giving a webinar with FICO on March 25th at 11am Pacific/2pm Eastern on “Identifying the Right Analytic Capabilities in the Era of Big Data”
There is an increasingly broad portfolio of analytic capabilities available to enterprises today. These range from traditional Business Intelligence capabilities like reporting and ad-hoc query to modern visualization and data […]

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Decisions, Decision Management and an architecture for digital transformation

March 11, 2015

Ray Wang of Constellation Research published a report early this year “The Elements of Business Architecture for Digital Transformation.” In the report Ray identifies some interesting boardroom priorities (this is just some of them):

Consistent Customer Experience
Mass automation
Insights-driven business models
Cost-effective regulatory compliance

All of these are reasons given by our clients as they invest in Decision Management and in […]

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Webinar: Framing Analytic Requirements with Decision Modeling

March 4, 2015

[ April 2, 2015; 9:00 am to 10:00 am. ] I am giving a webinar on “Framing Analytic Requirements with Decision Modeling” April 2, 9am Pacific/Noon Eastern:
One of the most important steps in a predictive analytic effort is correctly framing the problem a way that creates a shared understanding of the business problem across business, IT and analytics teams. Established analytic approaches such as CRISP-DM stress the […]

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Using Decision Modeling to make Predictive Analytics more pervasive

February 24, 2015

Back in May of last year, Wayne Eckerson published “Making Predictive Analytics Pervasive“. It’s a great report with some really useful data but one of the key headline result is that implementation rates are not rising – in fact fewer organizations are reporting successful implementation of predictive analytics (from 21% to 18%). This despite the […]

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First Look: Predixion 4.0

February 11, 2015

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 […]

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How to frame requirements for predictive analytic projects with decision modeling

February 10, 2015

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 […]

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Free Version of Decision Modeling Software DecisionsFirst Modeler Now Available

February 3, 2015

At Decision Management Solutions we have a long history of providing free resources to help drive the adoption of Decision Management, Decision Management technology and Decision Modeling. Today we continued this with our announcement of a free version of our decision modeling software, DecisionsFirst Modeler.
The free Basic Version delivers user-friendly, DMN standards-based graphical decision models for up […]

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Webinar: Decision Modeling for Decision Led Analytics

February 2, 2015

[ February 19, 2015; 9:00 am to 10:00 am. ] I am giving a webinar on Decision Modeling for Decision Led Analytics, February 19 at 9am Pacific.
Organizations today are turning to analytic capabilities to drive decision-making. But with the different types of decisions that need to be made, multiplied by the different types of BI and analytic capabilities available, it can be difficult for organizations […]

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New Column on Information Management

February 1, 2015

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.

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Conference Presentation: A New Approach to Defining BI Requirements

January 26, 2015

[ April 20, 2015 to April 22, 2015. ] I am speaking at PASS Business Analytics 2015, April 20-22 in Santa Clara CA,on A New Approach to Defining BI Requirements
Most organizations lack an approach that lets them specify their requirements for BI or for analytics more broadly. Their ability to find opportunities for, and successfully use, more advanced analytics is limited. In this session, […]

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New research on identifying the right analytic capabilities for success

January 20, 2015

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 […]

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Webinar: Making the Best Decisions Possible with Enterprise Decision Management

January 15, 2015

[ February 19, 2015; 11:00 am to 12:00 pm. ] I am giving a webinar for the International Institute for Analytics at 2:00pm ET on February 19 “Making the Best Decisions Possible with Enterprise Decision Management”
We all make tactical and strategic decisions every day. With the presence of big data, are we making the right or the best decisions possible as data volume, velocity and […]

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BigML Update 2015

January 8, 2015

I last got an update from BigML back in 2013 when they updated us on their predictive analytics/machine learning platform. Since then they have been adding new algorithms, especially in unsupervised machine learning techniques, and generally updating the interface and workflow. With about 15,000 registered users Big ML is moving into enterprise customers more and […]

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Predictive Analytics World: Decision Modeling for Predictive Analytic Projects

December 2, 2014

[ March 31, 2015; 2:40 pm to 3:00 pm. ] Steve Knode of the University of Maryland University College (UMUC) and I will be talking about how you can use Decision Modeling to specify requirements for predictive analytic projects at 2:40pm on March 31, 2015
Establishing a shared understanding of the business problem across business, IT and analytics teams is critical for successful predictive analytics projects. Recently decision […]

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New Article on in-database analytics

November 19, 2014

I recently published a new article in the Teradata Magazine – Get Closer to Your Data
If data holds the secrets to better business decisions, then advanced analytics is the means to getting data to reveal that information. That’s why organizations striving to be more data driven are adopting advanced analytics.
New and improved techniques offer solutions to business […]

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#IBMInsight Powerful Analytics for Everyone

October 27, 2014

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 […]

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Opening #IBMInsight Keynote: Seize This Moment: Envision Your Future

October 27, 2014

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 on […]

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Live at IBM Insight: Customer-Centric Enterprises Leverage IBM ODM Advanced to React Accurately to Risks and Opportunities

October 27, 2014

[ October 28, 2014; 1:45 pm to 2:45 pm. ] 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 defined […]

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