business analytics

I was recently listed as one of the top Big Data/Data Science leaders on LinkedIn by KDnuggets. I was delighted to be on the list and to share it with some great thinkers and writers. My interest, as regular readers of the blog will know, is not really on how you build analytic models or apply data science techniques [...]

I am participating in a webinar Building Outstanding Customer Relationships: Delivering Relevant Next Best Actions for Retail Bank Customers on September 21st at 12 Noon Eastern/9am Pacific with Steven Noels of NGDATA. Next best action marketing is a tactic that has been around for a while, but few marketers have been able to fully take part [...]

The folks over at ZS Associates sponsored a study by the Economist Information Unit on analytics titled “Broken Links: Why analytics investments have yet to pay off”. This report showed the classic challenge of analytics – 70% think analytics is very or extremely important but only 2% say their analytics efforts have a broad, positive impact. In [...]

I am participating in an International Institute for Analytics webinar, 9am Pacific on June 23 “Prescribing the Right Decisions with Prescriptive Analytics” Automation of everyday activities holds the promise of consistency, accuracy and relevancy. When applied to business operations, the additional benefits of governance, adaptability and risk avoidance are realized. Prescriptive analytic empowers both systems [...]

Back when I was attending the SAS Inside Intelligence analyst day they briefed us under embargo about their new Viya platform. This was announced today from SAS Global Forum. Ultimately all the SAS products will be moving to the SAS Viya platform and the platform is designed to ensure that all SAS products have some common characteristics: All [...]

Jan Purchase of LuxMagi and I are working away on our new book, Available now! Real-World Decision Modeling with DMN and one of the questions we have been asking ourselves is who we are aiming the book at – who builds decision models? Jan had a great post on Who Models Business Decisions? recently to address this question and I wanted [...]

I am delighted to announce a collaboration with Jan Purchase of LuxMagi on a new book, Real-World Decision Modeling with DMN. You can read the full announcement here and Real-world Decision Modeling with DMN will be available from MK Press in print and Kindle versions. As Richard Soley, who has graciously agreed to write a foreword for us, says: “A [...]

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 [...]

I have spoken at Predictive Analytics World a few times and it’s a great event. Predictive Analytics World for Business is coming up April 3-7, 2016 in San Francisco. This is one of the best events for predictive analytics professionals, managers and commercial practitioners. The conference focuses on case studies about data science, on their business impact and [...]

I am faculty member for the International Institute for Analytics (IIA) and recently completed a new research brief on Framing Requirements for Predictive Analytic Projects with Decision Modeling. The Research Brief is behind the paywall for IIA clients with an Enterprise Research Subscription. If you are interested in IIA membership and the research that IIA produces check out the site. IIA does a [...]

I have been thinking a lot about using decision modeling for advanced analytic projects recently as we have several clients in this area as well as a number of users of DecisionsFirst Modeler in this space. So much so I thought I would do a white paper of the week  for our paper on Framing Analytic [...]

Next up was a discussion of the Teradata Marketing applications with a presentation from MGM Resorts. I wrote about their marketing solutions back in 2013. These solutions have evolved and include in-house and acquired technology like Market Helm, Aprimo and others. These solutions are designed to bring cross-channel consistency and customer specificity. Individualization, real-time interaction, [...]

I am speaking on A New Approach to Defining BI Requirements at the Bay Area Microsoft BI User Group on July 2nd I will introduce the core concepts of DMN and show how it can be used to drive more effective requirements for BI, dashboard, and analytic projects.  You’ll also see a demo of DecisionsFirst Modeler, a decision [...]

We have just posted a new white paper on Next Generation Claims Systems Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and reduce costs. Insurers can achieve significant speed-to-market gains, reduce fraud and create innovative new claims processes. Today’s insurance claims systems deliver [...]

We just published a new white paper on Framing Analytic Requirements. This paper shows how you can achieve analytical, data-driven decisions by using decision modeling and the Decision Model and Notation (DMN) standard to frame your analytical requirements. The value proposition of analytics is almost always to improve decision-making. Whether you are data mining, building predictive analytic models, [...]

I am giving a webinar on Advanced Analytics for the Business Professional 10am Pacific on May 28 Advanced Analytics is not just for data scientists anymore. Many businesses adopt their analytics by degree of complexity, limiting business professionals to reporting and dashboard views of their business. But recent research has found that with modern tools [...]

I am giving a webinar with Angoss May 21 at 11am ET/8am PT on “Putting Your Predictive Analytics to Work” When it comes to getting the most from your analytics, your ROI is only as good as your implementation. So join Angoss software and the foremost expert in Decision Management, James Taylor, to learn some key [...]

If you are a business analyst and a member of the International Institute of Business Analysis (IIBA) then, like me, you have been waiting for the new version of the Business Analyst Body of Knowledge or BABOK to be released. A little while back this wait was finally over and BABOK 3 was released (details here). If you [...]

The 2015 Rexer Analytics Data Miner Survey has launched. This survey is a great asset for the analytic and data mining community. Like many who look forward to the results I would like to ensure that the survey reaches a large and diverse group of analytic professionals, students and academics. The survey is for all analytic [...]