Posts tagged as:

roi

Early results from the Rexer data mining survey

November 23, 2009

Karl Rexer of Rexer Analytics sent me a note the other day about some early results of the 3rd Annual Data Miner Survey in the Spring of 2009.  Like the previous surveys (I blogged about the 2008 survey), it  examined data miners’ algorithms and tools, opinions and views, types of data analyzed, challenges encountered, and [...]

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Some thoughts after attending Predictive Analytics World

February 24, 2009

Syndicated from b-eye network
Last week I was at Predictive Analytics World, a brand new show on the business value of predictive analytics. The show was a great success, I think, as it attracted a decent audience in very tough times and succeeded in bringing together not just those building predictive analytic models, but also those [...]

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The High ROI of Data Mining for Innovative Organizations

February 19, 2009

Syndicated from Smart Data Collective
John Elder presented a collection of case studies to showcase the ROI of data mining. John started by making the point that many of his case studies had technical success but not business success – an interesting statistic. John sees three major ways that predictive analytics can help – streamlining, eliminating [...]

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DIALOG Sodexo – Workforce Management

February 5, 2009

Sodexo provides all sorts of services around food and facilities management. Labor is the number one cost for Sodexo. Each of their businesses, and they have businesses in 7,000 locations, is run somewhat separately. Most staff are hourly, many are unionized and each State has different rules. Tracking and managing hours worked is critical to [...]

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Webinar on the ROI of business rules in decision management

January 8, 2009

On January 28, 2009 I am going to be participating in a webinar with InRule on “Quantifying Improved Decision Management: The Value of Rules“. The webinar is free runs for an hour starting at 8am Pacific (11am Eastern). The webinar will discuss decision management and business rules and the kind of ROI people see. It [...]

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Critical Success Factors for successful BI and analytic implementations

December 2, 2008

A panel of the keynote presenters discussed critical success factors for BI and analytics. Panels are tricky to blog so this is just going to be a list of thoughts generated by the panelists with no attempt to assign them to the individuals. Critical success factors, then, include:

You must understand what drives high performance for [...]

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On Best Buy’s success and being decision-centric

November 19, 2008

Last week I saw a post comparing Best Buy and Circuit City – one thriving and one going into bankruptcy – and it made me think about the role of decision management in Best Buy’s success. I have head Best Buy present various times an a number of elements of their successful customer-centricity strategy are [...]

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EDM Summit – Emerging Trends Panel

November 2, 2008

Not really live this post as I am working from notes I took – after all I was on the panel and it’s hard to participate and blog at the same time. Joining me on the panel were Don Baisley of Microsoft, Ron Ross and Jim Sinur (of Gartner) – Neil had to leave. We [...]

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Hotwire.com Revenue Management

October 28, 2008

Darren Koch presented on Hotwire.com’s use of ILOG business rules in revenue management. Summary:

Ongoing segmentation and optimization help businesses serve customers
Smart testing + flexibility = better service = higher profits
Continues to show ROI that is increasing over time

Hotwire.com was founded in 1999 to help travel partners (who invested) sell excess inventory without driving down prices [...]

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Fertile Ground for ROI in BPM – Decisions!

July 23, 2008

Ronan Bradley had an interesting article on ebizQ this week – Fertile Ground for ROI in BPM: Three Unlikely Areas. In it he outlined some areas of banking where business process management (BPM) could deliver an ROI.

Keeping up with regulations
In which he points out that “a feature of BPM systems (over custom [...]

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