13th
May
2009
Syndicated from BeyeNetwork
In Is Data a new defensibility? Abhishek Tiwari argues that even data is not defensible any more. He argues that data integration and the use of new sources of data are key skills but that companies cannot use unique data to differentiate because there is too much data and too much of it [...]
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posted by James Taylor in Analytics, BI, Data Mining, Decision Management |
12th
May
2009
Mike Zeller of Zementis is hosting an interesting panel for those of you attending the summer KDD in Paris (details here). The panel is going to discuss PMML with
a particular focus on the practical use of statistical algorithms, reliable production deployment of models and the integration of predictive analytics within other systems
Check out the details [...]
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posted by James Taylor in Analytics, Data Mining |
4th
May
2009
Well here we are at another IMPACT. The event has 5,000+ attendees. Keynotes begin with some humor from Billy Crystal. Steve Mills got the serious section kicked of by reminding us that technology is so pervasive it is easy to forget what we rely on it for. Billions of transistors, billions of people connected to [...]
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posted by James Taylor in BPM, Business Rules, Decision Management, Optimization |
1st
May
2009
SPSS Inc. likes to say they focus on helping customers capture all the information they need, predict outcomes and then, using their Decision Management products, act on these insights by embedding analytic results into business processes. Within this family, the PASW Decision Management tools add actions, business rules, to analytics to enable action to be [...]
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posted by James Taylor in Analytics, Data Mining, Decision Management |
1st
May
2009
CRM Magazine has a great article on decision management this month and it is available on line. As the summary says:
Neither your best guess nor your gut instinct is good enough anymore. Fortunately, with enterprise decision management, the technology and methodology now exist to help you reach a better conclusion.
Check it out, along with some [...]
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posted by James Taylor in Analytics, Decision Management |
20th
April
2009
Tom Davenport wrote a nice piece last year that recently showed up on my radar – 10 Principles of the New Business Intelligence – on HarvardBusiness.org. His first principle was particularly good:
Decisions are the unit of work to which BI initiatives should be applied.
Whether you are just looking to make your reporting and dashboards more [...]
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posted by James Taylor in Analytics, BI, Data Mining, Decision Management |
16th
April
2009
I just gave a webinar with the folks over at Better Management.com on Putting Predictive Analytics to Work. We had over 400 register – which was great – and I hope everyone who attended found it useful. If you did not hear it, check it out – the recording is available here. I also have [...]
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posted by James Taylor in Analytics, Data Mining, Decision Management |
14th
April
2009
I am attending IBM’s launch event for its new Business Analytics and Optimization service line and scheduled a quick post to point readers to the announcement – there is a press kit at www.ibm.com/press/analytics.
I am excited about this. Firstly it’s a big deal for IBM Global Business Services to add a service line so it [...]
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posted by James Taylor in Analytics, BI, Decision Management, Optimization |
10th
April
2009
A little while ago I got an update from Unica. While Unica may seem like a slightly tangential topic for me it actually is not. Not only do I think that many efforts to adopt decision management start with customer marketing decisions (Unica’s focus as part of Enterprise Marketing Management) but Unica has done a [...]
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posted by James Taylor in Analytics, Business Rules, Decision Management, Product News |
7th
April
2009
I got a chance to chat with the folks from KNIME recently to discuss their workbench. KNIME is essentially a workbench to define the pipeline of operations you want throw at your data, typically as part of doing analytic work. It allows you to do complex things to the data and document your process – [...]
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posted by James Taylor in Analytics, Data Mining, Product News |