Posts tagged as:

scorecard

First Look – Scorto

January 5, 2010

I caught up with a new (to me at least) decisioning platform recently. Scorto works with credit organizations to manage credit risks and make objective decisions when selling mass credit products. They offer what they refer to as decision support (but I would call blended decision management and decision support) in everything from personal/small commercial [...]

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KPI framework for a competitive edge

November 12, 2009

I am hosting a panel on Predictive Analytics at the Business Analytics Summit and I got a chance to attend a session beforehand where Dave Stodder presented on performance management and Key Performance Indicators.
Dave began by emphasizing that performance management is both a business and IT issue and that it needs to [...]

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Webinar: Getting your first predictive model up and running

November 10, 2009

[ December 8, 2009; 10:00 am to 11:00 am. ] Another webinar in the ongoing series this fall. Predictive models,  aka scorecards, have been extensively used across industries in driving tangible benefits – both to the top line and bottom line.  This session covers the critical success factors and an analytical framework that will help get you there.  Real-life examples will also be provided.

Anunay Gupta, [...]

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Two more dimensions of analytic speed

September 15, 2009

Syndicated from BeyeNetwork
Curt Monash has been Thinking About Analytic Speed over on The Intelligent Enterprise Blog and makes some good points about the different kinds of analytic speed. One area I find lots of confusion in discussions of analytic speed that Curt does not touch on is the difference in time to build an analytic [...]

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First Look – Angoss 7

June 11, 2009

Angoss has just released a new version of their data mining and predictive analytics software, version 7.0. Key themes for 7 were:

Optimization
Mining enhancements like data weighting, in-database analytics, new statistics
Support for more complex IT environments
Usability

Angoss has long supported the development of strategies or decision trees – models that define the relevant customer segments for a [...]

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Decision Management Event Calendar

June 5, 2009

I have decided to start running a post at the end of the week highlighting relevant web events for the following week. If you work at a vendor and want to tell me about yours, please send me an email at james@decisionmanagementsolutions.com. Likewise if you hear of something you think other readers of the blog [...]

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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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First Look – DeltaR onRules

April 22, 2009

Delta-R’s product onRules is Java-based, service oriented application. Based on open source like the Spring, Hibernate, Java Server Faces r UI, Groovy for scripting etc. It is fully web based – thin client – and the resulting services are deployed as web services. It is available in English and Spanish.
The software starts with a tree/pane [...]

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First Look – Visual Rules

March 5, 2009

I sat down with Innovations Software Technology, now part of the Bosch group, to get my first good look at Visual Rules in a while. Release 4.4 is the current version (they released 4.3 in November and 4.4 just this week).
The tool is written in Java and based on Eclipse. About half their users are [...]

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SAS Warranty Solutions First Look

February 26, 2009

Some weeks ago I got a chance to review the SAS Warranty Analysis product. I was doing some due-diligence before my speech on “Next Generation Warranty Systems” to the Warranty Chain Management Conference in April.  The folks from SAS began with an Aberdeen quote from 2006:
Warranty analytics is the number one differentiator between Best in [...]

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Rules in tables, spreadsheets and diagrams

October 29, 2008

Jan presented on Rules in tables, spreadsheets and diagrams: Towards High Definition Communication. Decision tables are ways to represent sets of rules and there are many ways to represent sets of rules including trees and graphs. Some ways of representing rules are clearer than others and some are better for validation of the rules. You [...]

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From Scores to Strategies

September 23, 2008

The use of analytics in business decisions, presented by one of InfoCentricity’s customers, was next. In many organizations modelers are busy building predictive models that they then throw over the wall to a business analyst. To bridge this gap you need a collaboration platform that allows modelers to do their thing while allowing business analysts [...]

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Scorecard Development Efficiencies with Xeno

September 22, 2008

Sue Gonella presented on some efficiencies in building predictive scorecards. In particular she covered the   use of sampling data vs using all records into a model development exercise.
Rather than using all records she advocated using stratified random sampling where a sample of each group of interest is used to build and validate the models. [...]

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A reader asks about scorecards and why people use them

August 12, 2008

A reader sent me an interesting question after watching the ILOG seminar on scorecards and rules in which I participated earlier this week (recording of this rules and scorecards seminar is available). Here’s a summary of what he said:
One immediate comment I would have is that scorecarding seems to insert an extra unnecessary step. Rather [...]

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