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predictive analytics

All industry standards offer interchange. Successful standards offer skills interchange not just a technical interchange format. The Decision Model and Notation (DMN) decision modeling standard has a published XML interchange format, of course, and several of the committee’s members are working really hard to iron out the remaining issues and make the XML interchange more [...]

I am joining Eric Kavanagh of the Bloor Group to discuss Easy as Pi – Why Mathematicians Rock Data Science Thursday November 16 at 3pm Eastern. Do the math! Using analytics to drive business value often boils down to a formula of some kind. That’s why mathematicians are in such high demand these days. Whether for [...]

I am giving a webinar on Boost Straight Through Processing in Your Claims System with Decision Automation at 10am Pacific on November 16. Register for this free webinar to see how you can automate decisions to handle more claims without manual intervention. Boost your Jet or Straight Through Processing rates to new heights to reduce costs, [...]

I am giving a webinar on Rapid Deployment of Customer Next Best Action at 10am Pacific/1pm Eastern on November 2. Attend this free webinar to learn how you can quickly deploy next best action decisions that deliver the right marketing or customer service message to each customer, each time you interact with them. Learn from real world [...]

I am giving a webinar on Wednesday, August 2, 2017 at 1:00 PM EDT about 3 Critical Elements of a Digital Business Platform Enterprises increasingly demand digital implementations that differentiate them from their competitors. Digital Business Platforms deliver this differentiation by coordinating goal-directed work and supporting the intelligent interaction of people, software, and machines. These Digital Business Platforms [...]

Little bit of  a late start for me so I am starting with Geoffrey De Smet from Red Hat talking about constraint planning. He points out that some decisions cannot be easily solved with rules-based approaches – they can be described as decision (and as a DMN decision model in our experience) but not readily [...]

When the famous nerd webcomic XKCD pokes fun at how you use technology, it’s probably time to try a different approach. Recently he posted on Machine Learning and took a swipe at the mindless way some people approach machine learning.  His characters discuss a “machine learning system” that involves pouring data into a big pile of linear [...]

The Rexer Data Science survey is one of the best and longest running polls of data mining, analytic and data science professionals. I regularly refer to it and blog about it. It’s time to take this year’s survey – and the survey is aimed at all analytic people, no matter whether they consider themselves to be Data Analysts, [...]

I am giving a webinar on Success in Customer Next Best Action: Decision Modeling, Rules and Analytics Thursday, May 18, 2017 10:00 AM PDT Digitizing, personalizing and improving customer interactions is critical to business growth, customer retention and market engagement. Executives want to ensure that every interaction with every customer adds value – they want [...]

SAP BusinessObjects Predictive Analytics 3.1 is the current release of the SAP predictive analytic suite. Like most in the analytics space, SAP sees its clients struggling to make use of massive amounts of data that are newly available while facing ever increasing business expectations, faster business decision cycles and an analytical skill gap. SAP therefore [...]

First Look: Reltio Cloud

Reltio Cloud is a modern data management Platform as a Service (PaaS) company focused on delivering data-driven applications, founded in 2011 by folks from Siperian which was acquired by Informatica. Unlike most data integration and MDM platforms, which are IT-focused, Reltio’s mission to make it possible for business and IT teams in enterprises to “Be [...]

I am presenting at DecisionCAMP 2017 – The Role of Decision Models in Analytic Excellence – at 11:25am, Thursday July 14 Organizations are increasingly investing in data analytics to improve decision-making. Dashboards, self-service BI, data mining, predictive analytics, machine learning and cognitive technologies are being evaluated, deployed and used as organizations push to adopt data-driven [...]

I am speaking at the Global Big Data Conference in Santa Clara, CA in March and participating in the keynote panel on Solving Business problems using Predictive Analytics This looks like being a great panel – Prateek Joshi (Founder, Pluto AI) is moderating and I will be joined by Feyzi Bagirov (Professor, Faculty of Analytics, Harrisburg [...]

  The Decision Management Systems Platform Technologies Report began in early 2012 as a way to share our research and experience in building Decision Management Systems. Since then we have extended, updated and revised the report many times. This week we released the latest version – Version 8 – with a new, easier to use format. There [...]

First Look: Conductrics 3.0

I caught up with the folks from Conductrics to learn about their 3.0 release (I have blogged about Conductrics before). Conductrics has been in the decision optimization business for many years now. At its core Conductrics is about assigning customers to experiences. They recently released 3.0 with some new features. Conductrics Express is a point-and-click [...]

I am speaking at the Global Big Data Conference in Santa Clara, CA in March on Don’t Apply Big Data Analytics To The Wrong Problem: Put Decisions First One of the biggest challenges for analytics Teams is effective communication with their business partners. Too many projects fail to connect problems in the business environment to [...]

Forrester analyst Mike Gualtieri asks “if analytics does not lead to more informed decisions and more effective actions, then why do it at all?” Specifically in a great post What Exactly The Heck Are Prescriptive Analytics? he says (emphasis mine) Prescriptive analytics is about using data and analytics to improve decisions and therefore the effectiveness of actions. Isn’t [...]

BPM Skills in 2017: Hot or Not?

Zbigniew Misiak posted a great set of tips from practitioners BPM Skills in 2017 – Hot or Not – with my contribution here.  This is a great way to get some quick advice from a wide range of practitioners and experts. As someone with a particular focus on decision management and decision modeling I was struck [...]

I am speaking with Tina Owenmark of Cisco on The Role of Decision Modeling in Creating Data Science Excellence at Predictive Analytics World in San Francisco. Cisco’s Data Science Office focuses not just on data science, but also on shaping the questions and answers for Cisco’s operational groups. They focus not on technology or algorithms but [...]

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 [...]