best practice

Since 2012 we have published a comprehensive report on the software technologies and products available to build Decision Management Systems – the Decision Management Systems Platform Technologies Report. Tested and established in many industries, these technologies include Business Rules Management Systems, data mining or Predictive Analytic Workbenches and Optimization suites as well as new in-database [...]

One of the questions I asked Andrea Scarso co-founder and COO of MoneyFarm when I interviewed him was “In your experience what are some of the top challenges for analytic professionals in terms of maximizing the business impact of what they do?” In this post I’ll take a couple of his comments and expand on them [...]

I recently checked out The Evolution of Decision Making – How leading organizations are adopting a data-driven culture, a new white paper from the Harvard Business Review sponsored by SAS: People have long preached the benefits of relying on data and insights from business intelligence (BI) and analytics to help make better and timelier decisions. A reliance [...]

I am giving a 30 minute webinar at 10:30am Pacific/1:30pm Eastern on August 1 on the 4 Ways Decision Modeling Creates a Data-Driven Culture. Decision modeling plays a key role as organizations transition to a data-driven culture. A recent Harvard Business Review survey revealed that data-driven decision-making is taking root in leading organizations and showing a [...]

The folks at Tableau have a nice little white paper 10 Tips to Create Useful & Beautiful Visualizations (registration required). Many of these are pretty straightforward, if still valuable reminders of best practice. I particularly liked Tip #1 – “tell a story” – as this is obviously critical for a powerful visualization. But I have one more [...]

Les Rechan and Niel Isford came up to wrap up the first day to talk about IBM’s focus on Client Experience. The products, as was noted earlier, are focusing on being Easy, Simple and Fast to make them easier to consume. From a licensing perspective IBM is working with clients on an IBM Unlimited License [...]

Another customer panel followed focused on big data and analytics use cases with a particular focus on streaming data, data in motion. Customers were University of Ontario Institute of Technology and Aginity. Dr Carolyn McGregor from UOIT is someone I have blogged about before. Her focus was on using analytics to process the data from [...]

I am speaking with Dean Abbott at the TDWI Executive Summit  in San Diego, August 20th at 4:15pm on Ten Best Practices in Operational Analytics One of the most powerful ways to apply advanced analytics is by putting it to work in operational systems. Using analytics to improve the way every transaction, every customer, and every website visitor [...]

I am attending IBM IMPACT and this is a duplicate post for one running on the IBM IMPACT Blog. Business rules get everywhere – we have business rules in our user interfaces, in data quality, in business processes and more. But when organizations adopt a business rules management system they are focused on improving decision-making. [...]

I last got an update from KXEN when they launched InfiniteInsight Genius. Since then they have been rolling out cloud-based analytic applications built around their core modeling engine. In particular they have launched a new product, KXEN’s Predictive Offers, their second cloud-based predictive analytic application. KXEN has historically been focused on B2C companies, especially large [...]

I have been getting a bit behind with my blogging and tweeting recently but I was struck by a comment on Howard Dresner’s thread (@howarddresner) based on preliminary results from his survey (http://wisdomsurvey.com). #BetterDecisionMaking (so far) is the top goal for #BusinessIntelligence – wisdomsurvey.com #BIWisdom — Howard Dresner (@howarddresner) March 8, 2013 and Boris Evelson [...]

Several years ago I did some work with Silverlink – speaking at a series of roadshows for their product – and I got an update recently. Silverlink focuses on helping healthcare organizations engage their members more effectively with personalized, multi-channel outreach. Silverlink works with health plans and pharmacy benefit managers to get their members to [...]

Version 3 of our widely read report on Decision Management System platform technologies is now available. Many thousands of people have downloaded this report since we started publishing it – remember it is free to download and share. This release contains a large section on use cases, giving lots of examples of Decision Management Systems and [...]

We recently updated our popular Decision Management Systems Platform Technologies Report for 2012. Available online or as a downloadable PDF, this report is the most comprehensive description of the technologies available for building Decision Management Systems. It covers business rules and Business Rules Management Systems, data mining and predictive analytics workbenches, optimization suites and solvers as [...]

As many of you know, Decision Management Solutions publishes a report on Decision Management Systems platform technologies. We have just released a new version with more vendor information, links to product reviews and great new content on best practices and key product characteristics. To recap: Decision Management Systems are agile, analytic and adaptive. They are [...]