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JMP 13 and JMP Pro 13 launched in September 2016. JMP is a business unit of SAS with more than $60M in revenue with growth and a focus in manufacturing and life sciences. Lots of engineers, analysts, researchers and scientists as users. JMP has specialty products in Genomics and Life Sciences but this release is [...]

It's opening keynote time at IBM's World of Watson 2016 and we kicked off with a video history of Watson from Jeopardy to today. Dr John Kelly of IBM got us started, emphasizing how rapidly interest in Watson has grown over the last year or two.  In August 2007, he says, a small team of researchers [...]

Jerome Boyer of IBM presented a methodology - Best Practices for Managing a Cognitive Business Operations (CBO) Journey Proven Method. Cognitive, in this context, is about extracting intent from unstructured text using natural language and thus improve process execution. By adding Watson services to a BPM/ODM installation, organizations can improve interactions, improve assignments, improve advice and deliver faster reactions. For [...]

This was my first briefing on Statistica since I reviewed v11 in 2012. Statsoft was established in 1984 and acquired by Dell in March 2014. The product has been continuously developed to the point where it has over 16,000 integrated functions.  Since acquisition, Dell has been focused on integrating it into Dell systems and processes [...]

FICO made a series of announcements today at FICOWorld 2016. The event kicked off with a fun retrospective of the 60 year history of FICO. Bill Fair and Early Isaac founded the company in 1956 to use data and analytics to improve decision-making. This focus has not changed really in all the years since - FICO is still [...]

Mark Clare, the Global Head of Data/Information Management and CDO at HSBC, came up next to be interviewed by Jill Dyche of SAS. Mark has been a CDO previously and took his latest role in large part because it is a business role focused on driving data into the operations of several division. He and [...]

Second day at Insight 2014 and the opening keynote is about transforming your industry. Mike Rhodin kicked things off by discussing how people think - by observing, interpreting what we see based on our experience and biases, and then we decide what we are going to do.  But there is a limit to how well we can do [...]

I am speaking at IBM Insight on Customer-Centric Enterprises Leverage IBM ODM Advanced to React Accurately to Risks and Opportunities at 1:45pm Pacific in Mariners B. Business rules combined with predictive analytics address a proven solution to a wide array of traditional business problems where micro decisions are to be made about individual customers at well [...]

Next up is a client panel with Verizon, FleetRisk Advisors and UBS AG. Verizon has created a specific Big Data and Analytics R&D group to diversify their portfolio of services, looking for new opportunities in data and analytics to leverage Verizon's DAILY 12PB of data. FleetRisk Advisors is a business founded on predictive analytics for the trucking industry [...]

I am part of a panel at IBM's IMPACT 2014 on New Systems Meet New Business Challenges: Turn Data into Insight to Make More Accurate Decisions  (BDL-1378), Monday April 28 at 5:15pm Interactive systems, mobile devices, and social networks generate more data every day - and this is not going to stop. Making sense of this astronomic amount [...]

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 [...]

A couple of weeks ago I posted a sneak peek of some of the results from our survey on Predictive Analytics in the Cloud. With a week to go until the results webinar over on Information Management I thought I would post a few more. If you want to see the webinar or a recording of it, [...]

First, there's still time to take our survey on Predictive Analytics in the Cloud - just go to www.surveymonkey.com/s/PACloud2013. If you have already taken it, or even if you haven't, why not register for the results webinar over on Information Management? To encourage you to do either or both of these things, here are some sneak peek [...]

FICO has just released Model Builder 7.4, the first “Big Data” release of their analytic modeling tool (I reviewed 7.2 here and the 7.4 press release is here). Four things make this release: Text analytics and semantic scorecards High Volume Processing with Hadoop - including algorithms moved to MapReduce R Integration And drifting away from Big [...]

First Look: Yseop

I recently caught up with Yseop (“Easy-op”), artificial intelligence software designed to write the way a human would do helping turn analytics and other information into natural language. Yseop was founded in 2008 by a technologist and an angel investor but the product is based on over 20 years of research. Yseop is headquartered in [...]

The second in my series on the impact of Big Data on Decision Management Systems: The impact of Variety. Big Data involves adding more types of data, from more sources inside and outside of the organization, to your analytic toolkit. Social, mobile, local and cloud data sources are exploding and organization must find ways to [...]

A new week and a new white paper. This week’s it's focused on two hot topic - customer relationships and Big Data: Optimizing Customer Relationships in the Era of Big Data Companies face a new and growing challenge – how to fully leverage the benefits of big data for increased customer insights without being submerged under [...]

Next up is a session on the new infrastructure and platforms for analytics. IBM's view (and I would agree) is that use cases for analytics are evolving to increasingly combine traditional structured data and newer unstructured, more dynamic, "Big Data" sources. As customers change the time frames in which they need to make decisions (more [...]

Jason Verlen and Bernard Spang took one of the breakout sessions on analytic innovations. IBM, as noted yesterday, sees a progression of analytics from descriptive to predictive, prescriptive and ultimately cognitive. The purpose, of course, of big data and analytics is to drive better decisions. Managing big data is a necessary step but acts only [...]

It has been a while since I was updated on IBM SPSS Modeler and I got an update from IBM recently. IBM SPSS Modeler is, of course, IBM’s primary data mining and predictive analytics workbench. It uses a standard workflow metaphor, letting you string together nodes that process data, run algorithms, score data, etc. Both [...]