Posts tagged as:

Analytics

Use decision management to make systems smarter

June 5, 2009

Syndicated from BeyeNetwork
Michael Vizard had an interesting post (via @merv) – Making Business Intelligence Applications Smarter in which he began with the great phrase:
One perplexing oxymoron of IT industry is the simple fact that most business intelligence applications are not all that smart
In Smart (Enough) Systems Neil and I argued that the way to make [...]

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First Look – Pervasive DataRush

June 4, 2009

Pervasive is a global software company with 200+ employees that has been profitable for the last 8 years and best known for btrieve (now Pervasive PSQL) and their data integration products. The company is busy expanding into new markets and Pervasive DataRush is one of their new products. They see a new generation of data [...]

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Which X is likely to do Y and so what?

May 28, 2009

Syndicated from BeyeNetwork
Gary Cokins had a great post – Fill in the blanks: Which X is Most Likely to X? in which he identifies some great uses for predictive analytics.Increasing employee retention, increasing customer profitability and increased shelf opportunity are classic uses. What Gary does so well in this post, though, is point out that [...]

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Chordiant Decision Management Update

May 19, 2009

I got a chance to sit down with Rob Walker last week for an update on Chordiant Decision Manager. Rob covered some of the new features in Chordiant Decision Management 6.2 as well as some general background that has not appeared in any of my posts before (check out First Look – Chordiant Decision Management [...]

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Beyond Predictive BI

May 15, 2009

Syndicated from ebizQ
David Linthicum’s recent blog post Approaching Predictive BI made me want to reiterate some of my thinking around BI (on which I have a whole category) on my blog. I often talk about going “beyond BI” with decision management. I distinguish between BI and Decision Management because BI helps you understand your business [...]

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Data is still defensible

May 13, 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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Interesting Panel at KDD 2009

May 12, 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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Live from IMPACT 2009 – Keynotes

May 4, 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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First Look – SPSS PASW Decision Management Solutions

May 1, 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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CRM Magazine highlights the power of Decision Management

May 1, 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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Do not underestimate the need for automation in decision making

April 20, 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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New Webinar on Putting Predictive Analytics to Work

April 16, 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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IBM announces new Business Analytics and Optimization services

April 14, 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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First Look – Unica

April 10, 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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First Look – KNIME

April 7, 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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First Look – SPSS Predictive Analytic Software 13

April 6, 2009

Today SPSS Inc. announced new product releases and new naming for its product families. Predictive Analytics Software (PASW) is the new umbrella and the four families are layered below this. The four families are Data Collection, Statistics, Modeling, and Deployment. This week’s enhancements are to the modeling family. In addition, Clementine becomes PASW Modeler 13 [...]

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Customer Stories from the SAS Global Forum

April 1, 2009

Syndicated from BeyeNetwork
Last week I posted a couple of times about my impressions from the SAS Global Forum. In one post I said that “SAS customers talk about the great results they get when they put their predictive analytics to work in operational systems” so I thought I should expand on that a little, using [...]

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Here’s how to build on Business Analytics

March 31, 2009

As I blogged earlier, at the SAS Global Forum this week some SAS speakers drew a distinction between Business Intelligence – BI – and Business Analytics. I worry that this is a distinction without a difference and that it fell short of what SAS can offer its customers. Neil Raden, on his blog, dismissed the [...]

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Decision management can improve warranty claims and customer experience

March 27, 2009

Warranty Week (Computer Warranty Trends, 26 March 2009) had an interesting article this week about the rising rate of warranty claims in computer companies:
While other industries are seeing claim rates rise and accrual rates fall, warranty providers in the computer industry are seeing claims rise slightly and accruals rise a lot

This prompted me to write [...]

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Webinar Putting Predictive Analytics to Work Using Decision Management

March 25, 2009

I am presenting on putting predictive analytics to work with decision management on April 3rd at 10:30am PDT. As the invitation says “Predictive analytics, applied to operational decision making, is the next wave of business innovation. Organizations that are currently leveraging the power of analytics understand that they are realizing significant improvements in their decision-making processes through the use of this technology, and [...]

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