business analytics

If you have been following the new Decision Model and Notation standard and want to understand a little more about how to do decision modeling using the approach, check out our white paper Decision Modeling with DMN. This white paper describes the four iterative steps to complete a Decision Requirements Model using the forthcoming Decision Model and [...]

Hurwitz & Associates will update their Victory Index on Advanced Analytics in 2014. This report will summarize key trends in advanced analytics, provide information on vendor offerings, and report on vendor strengths and weaknesses from an end user perspective. In order to help guide end users who are making a decision on selecting an advanced [...]

To wrap up the series I have been writing on standards in predictive analytics, here’s the report I have been working on. This report discusses each of the topics in the series – R, Hadoop and PMML – in more detail and pulls it all together in a single paper. You can get the Standards in Predictive [...]

I am giving a webinar on Nurture Customer Loyalty With Personalized Messages and Channel Alignment for the Association of Strategic Marketing on March 17 at 1:00pm Eastern More customers are using more channels and with the growth in mobile and other automated channels it’s challenging to deliver personalized, targeted messages across channels and over time. One-size-doesn’t-really-fit-anyone [...]

IBM has recently released IBM SPSS Modeler 16 with three distinct packages: Professional with everything for structured data Premium adds text analytics, entity analytics and social network analysis Gold adds the Decision Management capabilities to the Premium package IBM SPSS Analytical Decision Management (ADM) will increasingly be included in the IBM SPSS Modeler Gold package [...]

I have been thinking about insurance claims processing a lot recently and working with a client to apply decision modeling to focus predictive analytics effectively in the claims process so this week’s white paper is Next Generation Claims Systems with Decision Management Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and [...]

I last got an update on RapidMiner back in March 2012. The company was founded in 2007 and has 40 employees worldwide. The free product has reached 10,000 downloads a month and the product has some 35,000 active deployments with over 500 customers worldwide (40 added in the last 6 months). The company recently secured [...]

This week’s white paper is Putting Predictive Analytics to Work We have recently updated this white paper on using Decision Management to make your operational systems analytical and improve customer treatment. Applying predictive analytics to operational decision making is the next wave of business innovation. Operational decisions drive interactions and determine the actions taken by [...]

I am giving the opening keynote at the Oracle BIWA Summit 2014 in Redwood Shores, California. I will be speaking on “Big Data, Little Decisions: Using Decision Management Systems to improve day to day operations” at 8:45am on January 14. As companies invest in Big Data infrastructure they are looking for ways to show a [...]

I have been giving a class on Defining Business Goals for Predictive Analytics as part of the University of California Irvine Extension’s Predictive Analytics Certificate program. Predictive analytics can be used to seek out increasingly small margins and understand a company’s customers, products, channels, partners, and more. However, predictive analytics is only part of the [...]

There was a great article in Predictive Analytics Times recently by my friend Dean Abbott – A Good Business Objective Beats a Good Algorithm. Dean, like me, talks about the importance of the “three legged stool” of business, analytics and IT. But it was the title that particularly struck me. As Dean says, it’s easy to [...]

I had a great conversation with Claudia Imhoff at the Teradata Partners conference recently on “Big Data in the Operational World Requires a Different Mind-Set.” BeyeNetwork has recently published the transcript of our conversation here and the original podcast is available here.  

I am giving a webinar at 9am Pacific/Noon Eastern on November 20 on “The Decision Management Manifesto Explained” The Decision Management Manifesto lays out key principles of Decision Management. It explains why decisions are central to your requirements process and why you need to explicitly design decisions before applying technology. It lays out the core [...]

I am giving a webinar with SAP on Predictive Analytics in the Cloud, November 7 at 1pm EST. Use predictive analytics throughout your operations with the cloud Recent independent research shows that the power of predictive analytics in the cloud to transform business results is clear. As more organizations transform their business using cloud-based predictive [...]

I presented on 5 Benefits of Customer Decision Management at Teradata Partners this year. Here are the slides: Contact me if you have questions about how to apply customer decision management in your company.

I am participating in a panel “Decisions from a Business Perspective” at 3:20pm on Thursday at this years Building Business Capabilities conference in Las Vegas This first-ever industry panel on decisions as part of business capability will feature the foremost world experts in the field. Each panelist will give a 5-minute position statement, followed by [...]

I am speaking at the Insurance Analytics Symposium this week so I thought I would post a link to a white paper relevant to the insurance industry – Next Generation Claims Systems with Decision Management. Decision Management delivers next generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and [...]

I am really looking forward to the first Decision CAMP this year in San Jose, November 4-6. Billed as everything you always wanted to know about Business Rules and Decision Management (but were afraid to ask), the agenda for this FREE event is now posted here. I am going to be participating in the first [...]

This is the last week for our 2013 survey on Predictive Analytics in the Cloud – Use Cases, Trends and Big Data.  Please go right now and take the survey here – it’s quick , anonymous and you have a chance to win a $100 Amazon gift card. There’s been tremendous growth cloud and predictive analytics both [...]