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 [...]
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Syndicated from Smart Data Collective There’s a lot of talk about advanced analytics these days – the use of data mining and predictive analytics is growing rapidly so lots of articles, books (like Tom Davenport’s latest) and blog posts are being written. One of these was by Jeff Kelly over on TechTarget on Data analytics [...]
Syndicated from ebizQ Barb von Halle and Larry Goldberg had an interesting article titled Use Cases and Business Rules – can they work together over on Modern Analyst. In the article they discuss the role of the Decision Model and business rules in use cases. They make some good points and I have a simple [...]
Thomas Tileston of Warner Bros Home Entertainment (DVDs, games and digital distribution part of Warner Bros) was next talking about their use of SAS and Teradata. He started with a little history as he has been using SAS for 20 years or so. In the early days analytical data set preparation was 70% of the [...]
Guest intelligence is something Target use to drive marketing and merchandising decisions. Target, of course, is a large US retailer that does business in 49 states and has a major web presence. Target has guest data from panel surveys, store surveys and operational data and regards these all as valid sources of guest data, without [...]
I recently spoke to an interesting company getting serious about analytics and looking for some staff. Drop me a line james@decisionmanagementsolutions.com if you are interested and I will forward your resume along: Data Mining / Analytics Business Analyst Senior Business Analyst with data mining and predictive analytics experience to lead the establishment of a decision [...]
Three job openings today. Decision Management Solutions partner Technology Blue is looking for a couple of experienced Blaze Advisor resources for a project starting March 1: Senior Business Analyst: Full time resource with experience in business rule harvesting and analysis, process oriented, able to develop and implement processes, must be comfortable leading knowledge transfer and [...]
I got a briefing from Quantivo recently. This is a company focused on behavioral analytics – uncovering patterns within the mountains of customer data that companies have – web analytics and point of sale data for instance. They help companies find these patterns, find the insight that they are not seeing with their current tools, [...]
I received a pre-release copy of Tom Davenport’s new book Analytics at Work: Smarter Decisions, Better Results. The book is a follow-on to Competing on Analytics (reviewed here) and is a shorter, pithier book than its predecessor. Once again Tom collaborates with Jeanne Harris and this time Robert Morison of the Concours group. Where the [...]
I got a chance to catch up with Aha! recently. Aha! is based in the Denver Tech Center and was founded back in 2006. Aha!’s premise is that it is now possible to build analytics into a platform and to focus on how to operationalize predictive models and deliver analytics within business processes. Initial customers [...]
I hosted a panel last week on predictive analytics at the Business Analytics Summit. I was joined by Richard Boire of the Boire-Filler Group, Jean-Paul Isson of Monster.com and Michael Berry of Data Miners (and author of Data Mining Techniques, one of my favorite Data mining books). I asked a series of questions and we [...]
I am giving a tutorial and a presentation on putting predictive analytics to work at the forthcoming Predictive Analytics World show in Washington DC (October 20th-21st with tutorials on the 19th). I always like to illustrate my points with real examples and while I was preparing the presentation I had a chance to talk to [...]
Syndicated from ebizQ As the summer doldrums roll on I thought I would try and stir things up a little with a “2.0” post – specifically some thoughts on a software stack for “Application Development 2.0”. Such a stack would: Model processes, events and decisions as first class objects Support declarative (rules-based) approaches to developing [...]
UPDATED BASED ON CALL – see below In NY for IBM’s Analytics announcements. The original agenda has been overtaken by events – IBM bought SPSS this morning. Ambuj Goyal came on to talk about SPSS and focused on their predictive analytics software. SPSS is very widely used – 250,000 customers in all sorts of industries [...]
James Governor of Redmonk shared a great tweet today (he is @monkchips) @dhague: 6 degrees of separation between developers and end-users is 3 too many. It’s hard to keep users happy with that disconnect Now here’s one way to think about the degrees of separation between your users and your developers: Users tell an analyst [...]
clario Analytics was founded back in 2002 largely by folks from Fingerhut. The team had been working on mailstream optimization – how to manage catalogs. The best customers of a catalog marketer can get literally 100 catalogs per year and this is not good. Initially a consulting company they raised money in 2006 and launched [...]
If you work at a Financial Services organization there is a great new source of free information. Chris Pratt, formerly of Tower Group and Financial Insights has started her own firm – Pratt Associates. She covers credit solutions, scoring/analytics, core banking and BPM solutions. Chris really knows the space and understands how banks work and [...]
Yesterday Innovations Software Technology announced the latest release of Visual Rules – 4.5. This is the third in a series of related release and the enterprise components of Visual Rules (Team Server, Execution Server) have been the focus of the last few releases (4.3, 4.4 and now 4.5). I talked about 4.3/4.4 previously and got [...]
Syndicated from BeyeNetwork Timo Elliot had an interesting post Gartner on Collaborative Decision Making in which he discussed a report from Gartner called The Rise of Collaborative Decision Making (and thanks to Nic Smith of Microsoft for the link). This kind of ad-hoc, collaborative decision making is critical in companies and technology to support it [...]
I got a chance to see Lyzasoft‘s new product in action recently. Lyzasoft aims to provide a desktop product for business people to do analysis that can seamlessly scale up, unlike (say) spreadsheet based analysis. The product is based around a column store. Workbooks are the core metaphor and these are used to assemble flows. [...]

