big data

Bill Fair, one of the founders of Fair Isaac, once said that to succeed with analytics you had to “grab the decision by the throat and don’t let go”. As Big Data and analytics become ever more central to organizations, and as more and more money is spent on analytics, this advice seems particularly timely. As [...]

I am speaking at this year’s Deluxe Exchange Feb 8-10 in Boca Raton, Florida. I am presenting on “How to Create Big Data Opportunities” at 10:30am Eastern on the 9th: Many companies today are struggling to take advantage of “Big Data.” Join James Taylor as he defines just we mean by Big Data, what it [...]

Gagan Saxena, also of Decision Management Solutions kicked off the first day of sessions for me at this year’s Building Business Capability show in Las Vegas. Gagan has been working on a large financial services client’s regulatory initiative and presented on the role of decisions and DMN-based decision models on regulatory compliance. A business architecture [...]

Jack Philips kicked off this year’s International Institute for Analytics Chief Analytics Officer Summit emphasizing the power and pervasiveness of analytics. Analytics, he says, is a classic disruptive innovation with most companies seeing a slow start and then a sudden inflexion point to rapid adoption and growth. Now the challenge is how to scale analytics, [...]

Final session today focused on systems and architecture for Big Data Analytics. It began by talking about the friction between business and IT and how this is increasing, especially around information and analytics where business users want to be able to work with data without worrying about IT. This creates challenges for IT specifically: The [...]

Karl Rexer sent me a few highlights from his 2015 Data Science Survey. This was formerly known as the Rexer Data Miner Survey but the term Data Scientist has surged in popularity so it has been renamed. I have blogged in the past about the survey and like many in the business I look forward to the [...]

John Thume wrapped up the day with a session on Aster Operationalizing Analytics and the new Aster AppCenter. Success in Big Data Analytics requires several things he said: It’s all about People and Process not technology he says. The technology has evolved hugely but the people and the process they have to change remain challenging. [...]

Randy Lea came back on o talk about Teradata Aster. He started by re-emphasizing what he sees as the value of big data and big data management. Teradata, he says, has a strong infrastructure for acquisition, integration and access to data. Adding Big Data into this environment is about allowing data to be landed quickly [...]

Another Think Big employee came up to talk about real-time big data especially around event analytics. Real-time, he says, is generally something happening in a second or so not minutes or hours. Might be push or pull but what matters is the time from data in to data out. Real-time responses, he pointed out,  need [...]

Next up at the Teradata Influencer event was a session on data lakes and related technology / approaches from the Think Big consulting team. Think Big sees a data lake as an approach to capturing, refining, storing and exploring any form of raw data at scale, enabled by low cost technologies and from which downstream [...]

Ron Bodkin of Think Big (founded in 2010 and acquired by Teradata in late 2014) came up next to talk about their consulting practice around hadoop and other big data infrastructure. They are now over 100 people (on shore and off shore) with a 100% focus on Big Data technology. They are run largely separately [...]

Next up is Randy Lea with a discussion of Teradata’s UDA – Unified Data Architecture. The challenges of managing and analyzing data have not really changed in years – people still worry about complexity, volume and ease of analysis just like they always have. Competitive differentiation continues to require management  of data and delivery of [...]

Day two of the Teradata Influencers event started with Hermann Wimmer, co-president. Hermann gave us an introduction to the overall company strategy. Teradata has two co-presidents, one focused on data and analytics and one focused on marketing applications with some shared services. This allows  them to focus on the three markets there see for their [...]

As part of my ongoing series of interviews with analytic practitioners I caught up recently with Matthew Kitching, Senior Data Scientist at Apption. I am giving a webinar with Matt Kitching, Senior Data Scientist at Apption at 10am Pacific, May 27 on The Value of Predictive Analytics and How Using Decision Modeling Helps You Succeed. Apption is [...]

I am giving a webinar with Matt Kitching, Senior Data Scientist at Apption at 10am Pacific, May 27 on The Value of Predictive Analytics and How Using Decision Modeling Helps You Succeed Successful predictive analytic projects follow a well defined approach from requirements to modeling, implementation and deployment, embedding the analytic results in operational systems that [...]

It’s been a while since I last got an update on RapidMiner (RapidMiner 6 was the last version I reviewed) and they have some new positioning and product capabilities I wanted to catch up on. RapidMiner began as an open source product company founded in 2007. They moved to Open Core in 2010 and now [...]

I last got an update on SPSS early last year. In March 2015, IBM released an update for the complete set of products in its advanced analytical portfolio. Analytical Decision Management (ADM) is positioned as part of this portfolio of predictive and prescriptive analytic tools. IBM’s advanced analytic portfolio is focused on having meaningful impact [...]

I am giving a webinar with FICO on March 25th at 11am Pacific/2pm Eastern on “Identifying the Right Analytic Capabilities in the Era of Big Data” There is an increasingly broad portfolio of analytic capabilities available to enterprises today. These range from traditional Business Intelligence capabilities like reporting and ad-hoc query to modern visualization and [...]

Ray Wang of Constellation Research published a report early this year “The Elements of Business Architecture for Digital Transformation.” In the report Ray identifies some interesting boardroom priorities (this is just some of them): Consistent Customer Experience Mass automation Insights-driven business models Cost-effective regulatory compliance All of these are reasons given by our clients as they invest [...]