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First Look: IBM SPSS Modeler 16

IBM has recently released IBM SPSS Modeler 16 with three distinct packages: Professional with everything for structured data Premium adds text analytics, entity analytics and social network analysis Gold adds the Decision Management capabilities to the Premium package IBM SPSS Analytical Decision Management (ADM) will increasingly be included in the IBM SPSS Modeler Gold package [...]

I am working on a paper, for publication in early 2014, on the role of standards such as R, Hadoop and PMML in the mainstreaming of predictive analytics.  As I do so I will be publishing a few blog posts. I thought I would start with a quick introduction to the topic now and then [...]

First Look: Valen InsureRight

Valen Analytics has been around since 2004 and is focused on providing proprietary data, analytics and predictive modeling to the Property and Casualty market with 25 customers in production. To help carriers manage and segment their portfolios to drive underwriting profitability, Valen develops productized models based on pooled consortium data for carriers. Valen’s InsureRight platform [...]

First Look: Cloudera Update

It’s been a while since I got an update from Cloudera (last time was in 2010, here). Since then, obviously, much has changed. Back in 2010 Cloudera was focused on storage and batch processing against this data with little focus on advanced analytics. Today, Cloudera has added support for real-time SQL queries through improvements in [...]

First Look: Cascading Pattern

As part of some ongoing research on support for PMML I recently spoke with Concurrent. Concurrent is an enterprise software company focused on simplifying Big Data development on Hadoop. The company’s core product is called Cascading. This is a free, open-source, development framework for Apache Hadoop designed to let developers build sophisticated data processing applications [...]

First Look: BigML Update

I got an update from BigML recently – I first blogged about them back in December. BigML has continued to grow since then, opening the product to general use (you can sign up here). They now have over 4,600 users and more than 100 paying customers. The product still offers a simple interface underpinned by [...]

I recently caught up with Andrea Scarso, co-founder and COO of MoneyFarm. MoneyFarm is a startup whose target is to modernize and democratize the European panorama of retail investment services, leveraging the opportunities offered by the web and by process automation. Andrea designed the main decisioning processes. What’s your background, how did you come to be working in analytics? [...]

I got an update on Marketswitch Optimization as part of my series on marketing decision management solutions. Experian positions Marketswitch Optimization for the most advanced stage of decisioning– as clients move from profiling and segmenting their customers, to predictive scoring and business rules to optimization. They see some interesting numbers for improvement through this lifecycle [...]

As part of the ongoing blog series on Marketing Decision Management Solutions I got an update from SAP on Real-Time Offer Management. This is based on an acquisition made at the end of 2006 of a real time recommendation technology developed for the CRM market, with early adoption mainly by the competitive service industries – [...]

Next session for me at FICO World is one focused on where customer decisioning is going. John Rymer of Forrester began by presenting some of the major trends found in a recent Forrester survey conducted for FICO: Customer modeling is getting much more sophisticated as companies try and understand large numbers of customers more precisely [...]