The summit continued with a group of newly certified Alteryx Analytic Certified Experts – ACEs. As always with a panel I will just try and capture a few nuggets in no particular order or structure: The combination of Tableau and Alteryx, in geospatial analysis for instance, is more powerful than either independently. In particular Tableau benefits [...]
big data
Next up at the Alteryx Influencer Summit a discussion of their partner program and strategy. This strategy has three parts: Enable technology partner ecosystem and engage their user base Extensibility partners like Qlik, Tableau, Revolution, Salesforce Big Data infrastructure partners like Teradata, cloudera, Pivotal, Hortonworks etc. Some of these are go to market partners – Qlik, [...]
Last breakout session at the IBM Big Data and Analytics day in on the Internet of Things and Predictive Asset Maintenance. The IoT is creating new opportunities in all sorts of industries from route optimization to border control, power management in buildings to managing ATM infrastructure. Increasingly organizations want to respond in real-time to things being detected [...]
IBM recently introduced a Predictive Customer Intelligence solution. Like the counter fraud solution earlier, this is one of IBM’s multi-product and services signature solutions. The focus of this solution is the increasing need to be truly customer-centric, focusing marketing on individual customers not on segments or campaigns, not on pre-existing mental models or ideas. This matters [...]
An update next on IBM’s solution for counter-fraud. For IBM fraud involves an intentional act that misrepresents and is both illegal and designed for financial gain. They further divide this into organized and opportunistic fraudsters for whom different kind of detection is required. Fraud is growing problem because: Fraud schemes are increasingly sophisticated with organized crime moving [...]
Continuing the IBM Big Data and Analytics event we come to Watson. Watson is designed to understand natural language, human-style communication. Watson then trawls through a potentially very large amount of material to create and score some hypotheses as answers for these questions and returns them. With each interaction it also learns what works, what the better answer [...]
Cloud, says IBM, is changing people’s expectations – they want the same kind of pricing, time to value, flexible access, ease of install for analytics that they get from other cloud applications. IBM is therefore very focused on delivering analytics in the cloud through a mixture of private, public and hybrid clouds. They are going to use [...]
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 [...]
Beth Smith and Fred Balboni kicked things off at the IBM Big Data & Analytics Summit. IBM has been making big investments in data, Big Data and analytics. Increasingly they see customers using data for competitive advantage in new ways, taking advantage of the cloud for development and deployment. In particular they see their customers using [...]
McKinsey came on stage talking about digitization. They see that different industries are at different points in the digital disruption. New trends begin and early adopters grow, start transforming mainstream companies and then a tipping point is reached where some incumbents die. So, for instance, disruption of retail banking is just starting while traditional media/video stores, for instance, [...]
Kerim Akgonul came up next to talk products, in particular Pega 7. Pega 7 was released last year and is being used around the world. Pega 7 focused on several elements: Visibility through the common case interface Speed and accuracy through automation of processes and decisions Speed and accuracy also of development, making it easier [...]
Zementis, the company behind the ADAPA PMML engine (last reviewed here and a sponsor of our Standards in Predictive Analytics research), has been busy making their technology for deploying models based on the Predictive Model Markup Language or PMML more pervasive. They have launched on the Amazon AWS Marketplace. While they have supported AWS for [...]
I am giving a class at the TDWI World Conference “Evolving Your Requirements Approach to Advanced Analytics with Decision Management” in Boston, July 20-25. This is a new class for TDWI that builds on my successful class at the University of California Irvine Extension program. Big data makes it hard to scale human interpretation, forces [...]
Some data-centric technical experts participated in a second panel at IMPACT. There were a number o data-centric announcements at IMPACT and they quickly recapped these announcements: New Power Systems Real-time actionable insight – capturing events and data at high speed, predicting probabilities from this data, driving this into decisions by embedding existing their Decision Management [...]
Marie Wieck came back to discuss how to create the kind of composable business IBM discussed on day 1. It’s critical, she says, to keep customers at the center and drive a new process from this. It’s key to use data to make better decisions, and it’s important to have the kind of scalable infrastructure [...]
Tangerine Bank, an IBM customer, kicked off IBM IMPACT 2014 discussing how they are using technology to re-imagining and simplifying banking. In particular Tangerine is focused on becoming a mobile-centric or mobile first bank. They are trying to raise the bar on mobile banking applications, adding things such as voice activation and offline access. Working with [...]
SAP recently summarized their Advanced Analytic solution stack, putting all their various advanced analytic components into a single solution stack. SAP sees advanced analytics as important as being competitive in the future will rely on an ability to leverage all kinds of data. They see Big Data, the Internet of Things, the need for increasingly [...]
I recently got an update from Pegasystems focused on their recent release 7 of the Pegasystems Decision Management product. Last year (2013) Pegasystems had a good year, breaking $500M in revenue while showing a 55% increase in license and backlog. They are forecasting $576M in 2014 and report particular interest in predictive analytics, analytic marketing [...]
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 [...]
FICO has recently acquired InfoCentricity, makers of two advanced analytics products – Xeno (for building predictive scorecards, reviewed here) and StrategyTrees (decision trees). InfoCentricity has about 40 clients (some with over 100 modelers, some smaller). Most of these companies are also FICO clients though not generally for analytic modeling tools. Clients use the tools in [...]
