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First Look – OpenRules Rule Solver and Rule Learner

May 12, 2011

I recently published a First Look on the open source OpenRules Decision Management System. Along with traditional Business Rules components, OpenRules includes two other important decision management components:

Rules Solver for solving optimization problems
Rule Learner for predictive analytics.

OpenRules Rule Solver is based on Constraint Programming (CP) [...]

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First Look – Talent Analytics Advisor

April 20, 2011

I got a demo of the Talent Analytics platform recently. Talent Analytics is a company that develops solutions that provide relevant information to help companies anticipate the impact talent has on their business goals. Advisor, their platform, is a web-based SaaS platform.
At the top level the product allows one or more organizations to be managed [...]

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5 ways predictive analytics cuts enterprise risk

March 14, 2011

Eric Siegel opened Predictive Analytics World with a view of using predictive analytics in enterprise risk management. Eric began by giving some examples of “macro” risk – single, catastrophic risk events. But his focus, and the focus of predictive analytics, is on “micro” risk – risk-based micro decisions in my terminology. These are risk decisions [...]

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First Look – Kount

March 8, 2011

I got a chance to catch up with Kount recently, a 4 year old company that is a wholly owned subsidiary of Keynetics (a 13 year old e-commerce company) focused on preventing fraud in e-commerce. They offer an all-in-one SaaS solution aimed at detecting fraud fast (intra-transaction real-time) while giving customers flexibility and usability. They [...]

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First Look – Attensity 5.5

February 16, 2011

I got a chance to catch up with Attensity after a long absence recently (I last blogged about Attensity in 2008). Attensity has been doing text analytics and customer experience monitoring for 10 years or more. Their approach includesfour steps –  Listen, Analyze, Relate, Act (from a decision management perspective it is nice to see [...]

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First Look – Tibco Spotfire

February 15, 2011

I got an update from TIBCO Spotfire recently, with my usual focus on operational decisions. Spotfire aim at what they call the analysis gap. Their customers typically have applications that are tailored and customized but too expensive to change, reporting that is widely distributed but inefficient (prompting users to use additional tools when needs change) [...]

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First Look – FICO Model Builder 7.1

January 25, 2011

I got an update from the folks at FICO on the new release of Model Builder, their predictive analytics workbench. My last update was for Blaze Advisor 6.9 and Model Builder 7.0 and this release, Model Builder 7.1, is the first point release for Model Builder on the new 7.x platform.
For those of you who [...]

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Top 10 analytic mistakes

October 29, 2010

Syndicated from Smart Data Collective
One of my favorite presenters, John Elder, presented his top 10 analytic mistakes at Teradata Partners.
Lack Data is problem zero – obviously you need data to do data mining and analytics. Without data that is relevant to the problem you cannot use analytics to solve it. In particular [...]

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Predixion, Zementis and Lyzasoft

October 26, 2010

Interesting announcements last week from three companies I have reviewed recently – Predixion, Zementis and Lyzasoft. Predixion has developed some interesting cloud-based predictive analytic technology – tools to load data from Excel and build predictive models from it – while Lyzasoft has a nice collaborative business intelligence environment and [...]

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Oracle – Recommendation engine for OpenWorld #pawcon

October 20, 2010

Mark Hornick of Oracle’s Data Mining Technologies Group presented on the use of the Oracle Data Mining technology to drive recommendations at Oracle OpenWorld (OOW). The challenge in a show like Oracle OpenWorld is that there are thousands of sessions and attendees need help finding the sessions that will match their interests. Three groups were [...]

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First Look – Portrait Software

October 19, 2010

Portrait Software, now part of Pitney Bowes Business Insight – has a tag line of “Make every interaction count” so, with my focus on micro decisions, I wanted to get an update. Since the early days of Quadstone (acquired by Portrait some years ago) the focus of this team has been to help people get [...]

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First Look – in2clouds

September 29, 2010

in2clouds is focused on helping companies use Predictive Analytics to improve their business performance. Founded by MicroStrategy alumni and launched in 2009, in2clouds is a small company that has been working in hi-tech, financial services and retail. Seeing analytics as “the next big thing” they want to reduce the friction for mainstream adoption and help [...]

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First Look – Rapid Predictive Modeler

September 2, 2010

SAS today announced SAS Rapid Predictive Modeler today. Some time ago I got a pre-release look at this most interesting product.
Today SAS sees quantitative modelers working on developing and validating models in conjunction with database architects to manage data preparation tasks. Like me they also find that business analysts work on the application of the [...]

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First Look – DataInfoCom

September 1, 2010

I caught up with DataInfoCom recently – a research-oriented software company headquartered in Austin, Texas. Their focus is on what they call Predictive Decision Management. Their software product, OSMOSYS, delivers predictive decisioning over the Internet – Decisions as a Service or DaaS as I call it. Their customers include a couple of well known, Fortune [...]

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FICO Decision Management Platform – update

August 31, 2010

Model Builder 7.0, Decision Optimizer 6.1, Blaze Advisor 6.9
Decision Management remains the core focus for FICO with both a Decision Management platform and decisioning applications. The applications are increasingly built on top of the platform, sharing execution and modeling infrastructure. FICO still sees business rules as the basis for decisions, being improved and extended with [...]

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Scorecards – one place where rules and analytics meet

August 18, 2010

Eric Charpentier had a nice introduction to scorecards overs on his blog. He does a nice job of describing an additive scorecard, that is a scorecard designed to represent a predictive analytic algorithm (not to be confused with a dashboard-like scorecard). He does not talk much about reason codes – the ability of a scorecard [...]

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First Look – Modellica Decision Engine

May 20, 2010

I got an update on Modellica’s Decision Engine recently. I was referred to Modellica by the folks at GDS Link who use the Modellica rules capability in their DataView 360 product. Modellica is a European rules and decision management solution with 20 or so projects for 10 clients (one in the US, the rest in [...]

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First Look – ADAPA 3.0: Decision Management in the cloud

May 4, 2010

Business rules and analytics on the cloud! Finally!
Seriously, the folks at Zementis have long had their PMML deployment engine running on the amazon.com compute cloud and have had an on-premise solution that combines business rules (based on Drools) and PMML.  ADAPA – Adaptive Decision and Predictive Analytics – is the Zementis product that manages and [...]

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First Look – Oracle Data Mining

April 27, 2010

I got an update on Oracle Data Mining – the in-database solution for data mining and predictive analytics offered by Oracle – recently. They have made ODM available on the amazon compute cloud so you can easily try it and they have been doing some interesting work on a new GUI and on integration with [...]

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Zappos (and others) and business analytics

April 1, 2010

Meri Gruber had an interesting post on her Competing on Execution blog this week – Zappos: Make Me Happier with Business Analytics – that prompted me to want to add my own thoughts. She says:
Why is Zappos only offering me help from other customers, when they are sitting on a wealth of order (and [...]

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