predictive model

Real-time Infrastructure for Decision Management

April 18, 2012

It used to be that analytics were applied in batch, updating the database with a score or customer segment based on yesterday’s data.
It used to be that these models could take months to implement, so that the models themselves were based on data that might be months out of date.
It used to be that analytic [...]

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First Look – Skytree Server

April 17, 2012

Skytree is singularly focused on advanced analytics, machine learning on massive datasets. They have been in development for several years and are based in Silicon Valley (with engineering teams there and in Atlanta) and the product was officially launched in 2012. They believe that machine learning will be at the core of solutions for big [...]

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First Look – EigenDog

March 5, 2012

EigenDog was founded in 2011 and launched their service for scalable predictive modeling in December 2011. Their objective was to provide scalability in machine learning. As we are all aware these days, more data tends to result in better predictive analytic models while better models can result in better business results. EigenDog’s perspective is that [...]

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First Look – Predixion Insight 2.0

March 1, 2012

I got an update from Predixion Software recently. Predixion, as I have blogged before, was founded in 2009 and is focused on disrupting the predictive analytics market by making it easier to build and deploy predictive analytics. Their core belief is that success with predictive analytics is going to require the broadening of the range [...]

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Enabling Business Analytics at SAS – Cloud

February 27, 2012

SAS is making a big push around cloud. They want to provide a cloud enabled platform, manage their existing SAS Applications in the cloud, build new applications in the cloud and create a cloud app store for their customers. They want to ensure that all the business analytics solutions based on SAS – whether SAS [...]

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First Look – FICO Model Central

February 16, 2012

FICO Model Central is the latest addition to FICO’s Decision Management platform and is focused on lifecycle management of predictive analytic models in the context of an overall Decision Management implementation. The original driver was a growing regulatory requirement in the banking industry to have a regular cycle of model validation and monitoring of predictive [...]

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First Look – Zoot

February 9, 2012

Zoot was founded in 1990 and has been providing hosted decision management solutions since 1992. With a focus on financial services, Zoot’s clients include 3 of the top 5 U.S. banks and they work with clients of all sizes and across all lines of business.  Instant credit decisioning is one of their critical offerings, but [...]

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Some thoughts on Industrializing Analytics

January 31, 2012

Some time back I wrote a post called “It’s time to industrialize analytics“. In an ongoing twitter conversation (I am @jamet123) I referenced it and provoked some interesting responses that seem worth addressing in more than 140 characters. The conversation was between @JAdP, @deanabb, @merv, @ajbowles and myself and they are all worth following.
We spent some time [...]

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First Look – Zementis Update

January 24, 2012

I spoke to Zementis back in June of 2011 and got an update on their Universal PMML Plug-in among other things. Since then they report growing client interest with a particular focus on real-time decision-making using real-time scoring in fraud detection for instance. They have also been updating their products. ADAPA, their analytic decision deployment [...]

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Webinar: Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise

December 1, 2011

[ December 15, 2011; 11:00 am to 12:00 pm. ] I am giving a webinar for All Analytics on Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise, Thursday, December 15, 2011 at 11:00 a.m. PT, 2:00 p.m. ET.
Enterprises must go from measurement and reporting to predictions and decision management. With ever-increasing amounts of historical data ready for mining, the right predictive analytic models can help an [...]

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First Look – SAS Enterprise Miner 7.1

November 11, 2011

I got an update on Enterprise Miner™ from the folks at SAS recently. Enterprise Miner is their development tool for data miners and predictive analytic specialists and is a graphical environment for designing and executing the steps in the creation of a predictive analytic model. Enterprise Miner 7.1 was part of the SAS 9.3 release [...]

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Predictive Modeling Tools for Analytic Teams #FICOWorld

November 3, 2011

The other session I got to see at FICO World was a panel discussion on analytic modeling tools with representatives from UniCredit (Italy), Ferratum (Finland), Nedbank (South Africa), and Citi.
Challenges and rewards of building an analytic modeling team

Always start from scratch with fresh, inexperienced teams and this is both challenging and rewarding
Challenges are personal and [...]

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Decision Management Orchestrating Consistent Enterprise-wide Decisions #iod11

October 25, 2011

Erick Brethenoux, Pierre-Henri Clouin and Asit Dan presented on IBM’s Decision Management approach – a nice chance to see both the Business Analytics and WebSphere bits of IBM talking about the same problem. CEOs consistently tell IBM that volatility, uncertainty and complexity are continuing issues. CIOs with a mandate to transform the business are responding [...]

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First Look – Causata

August 11, 2011

Causata is a software company founded in early 2009 with a heritage from the online space – behavioral targeting on the web and database marketing. They are headquartered here in Silicon Valley with engineering in London and the team has experience across companies like Touch Clarity, Omniture, Interwoven, DoubleClick, RedHat, Skype, eBay and others.
Causata sees [...]

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First Look – Modern Analytics

July 21, 2011

Modern Analytics was founded in 2001 by a team that originally met building analytical capabilities for a major European bank. They wanted to see if they could make it easier to deliver the kind of analytic infrastructure they had developed for the bank. Since then, they have worked in many industries and have developed this [...]

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Decision Management Product News Recap Q2 2011

June 29, 2011

Here is a recap of Decision Management product news for Q2 2011
Business Rules

First Look Corticon 5
A long established vendor in the business rules management space, Corticon describe themselves as focused on delivering better, faster decisions by automating business rules.
First Look – OpenRules Decision Management System
OpenRules allows business users to manage rules directly in Excel, OpenOffice [...]

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First Look – 11Ants Analytics

June 7, 2011

I got a chance to catch up with 11Ants Analytics recently. 11Ants Analytics is a spin-off out of the University of Waikato (the source of the WEKA project), and has commercialized technology for automating the production of predictive models. The technology was inspired by research at Waikato – a leading center for machine learning.. 11Ants [...]

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First Look – Oracle Real-Time Decisions Manager

June 6, 2011

Oracle Real-Time Decisions (RTD) is Oracle’s core Decision Management product and I have reviewed it before (see this First Look – Oracle RTD 3 and this one on the Oracle RTD Roadmap). With the release of “Oracle RTD Base Application Release 3.1” in May 2011 Oracle introduced their new “Decision Manager” application. Oracle RTD now [...]

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Smarter Customer Analytics and Decision Management with IBM

June 2, 2011

We got a quick overview of SPSS Decision Management (see my post on SPSS DM 6 or indeed the whole blog for my view of this). SPSS Decision Management combines predictive analytics, business rules and optimization/simulation to optimize high volume decisions like “should I search this car at the border” or “should I investigate this [...]

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Social Media Analytics with IBM

June 2, 2011

IBM sees Social Media Analytics as part of Customer Analytics rather than as a separate category – the reason for analyzing social media is to better understand customers and what they are thinking. It is not enough, says IBM, to understand and analyze social media. This understanding must be integrated with other kinds of analytics [...]

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