business decisions

An old friend, Guilhem Molines, has been working with some colleagues on a new book – Intelligent Automation with IBM Cloud Pak for Business Automation – and I got a chance to read it recently. The book covers all the components of IBM’s Cloud Pak for Business Automation. Decision Management Solutions is an IBM Business [...]

Working with companies that are investing in becoming analytic enterprises, we have determined that there are three critical success factors. Whether you are focused on business analytics, data mining, predictive analytics, machine learning, artificial intelligence, or all of the above, these factors will be critical. Check out these videos that talk about them: Analytic Enterprises [...]

Like many of you I am awash in digital photos and have been trying to find a good way to manage them. For various reasons I picked Amazon Photos. One of the key benefits was the family vault – a way to let several people upload photos to a shared space. Of course, another reason [...]

An analytic enterprise uses analytics to solve its most critical run-the-business problems. It takes advantage of new tools and new data sources while ensuring analytic results are used in the real-world. This is the first of three blog posts about how to become an analytic enterprise: Focus on business decision-making (this post). Move beyond reporting [...]

Analytics are only valuable if your enterprise’s decision making changes for the better. You need to build an analytic enterprise that leverages analytics to inform strategy, empower people, and especially drive systems.  An analytic enterprise uses analytics to solve its most critical run-the-business problems, and uses increasingly advanced and diverse analytics to maximize its ability [...]

AI is a decision-making technology. A focus on decisions, not a separate AI initiative, delivers business value and a strong ROI. A recent HBS survey of executives adopting Artificial Intelligence (AI) provides critical context for companies considering how best to invest in AI: Few companies have made much progress to date — most are experimenting. [...]

AI is a hot topic and we get asked a lot by clients how they can succeed with AI or cognitive technology. There’s often a sense of panic – “everyone is doing AI and we’re not!” – and a sense that they have to start a completely separate initiative, throw money at it and hope [...]

I am presenting at DecisionCAMP 2017 – The Role of Decision Models in Analytic Excellence – at 11:25am, Thursday July 14 Organizations are increasingly investing in data analytics to improve decision-making. Dashboards, self-service BI, data mining, predictive analytics, machine learning and cognitive technologies are being evaluated, deployed and used as organizations push to adopt data-driven [...]

I am co-presenting with Jan Purchase at DecisionCAMP 2017 – Mind the Gap-Lessons Learned in the Application of DMN to Large Projects – at 10:15am, Thursday July 13 Since the release of DMN 1.1 by the OMG in 2015, a growing number of organisations have sought to use it to model their key business decisions. [...]

One of our clients was presenting recently at a TDWI conference and was picked up on TechTarget – Analytics teams give data science applications real scientific rigor. It’s a great article with some good tips about using a repeatable methodology like CRISP-DM, especially when combined with decision modeling as a way to capture business understanding and [...]

I am delighted to announce that Jan Purchase, founder of Lux Magi, and I have finished what we believe is the definitive guide to decision modeling with the Object Management Group’s Decision Model and Notation (DMN) standard, Real-World Decision Modeling with DMN. The book is now on general release and available for purchase from Amazon and Barnes [...]

I am giving a webinar with FICO and Automotive News on Strategies for Driving Real-time, 24×7 Business Outcomes through Analytically-Driven Decisions, July 12th at 2:30pm Eastern. The automotive industry has invested heavily in its Big Data, digital, business intelligence, and analytic infrastructures. But insights promised by these investments frequently remain hidden in the vast amount of [...]

We are running our new, highly reviewed Decision Table Modeling with DMN training featuring leading decision table expert Jan Vanthienen July 26-28 9:30am-11:30am Pacific each time. When representing and analyzing business decisions in real business situations and processes, decision tables have always proven a powerful approach. Decision table methodology, however, is more than putting some rules in a few [...]

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 pleased to announce a new Decision Table Modeling online training offering taught by Professor Jan Vanthienen, a leading decision table expert. We are running a pilot of this class February 2-4 an you can get details, and a great price, here. To give you a taste of Jan’s approach, here’s a guest article by him. [...]

My second session at IBM Insight is Hamilton Faris Chief Data and Analytics Officer of MetLIfe – a past customer of ours – talking about Predictive Analytics.  MetLife of course is a big insurer with 100M customers in 47 countries. The group Hamilton runs focuses on bringing analytics to the forefront of the decision-making process [...]

I have blogged about IBM ODM (Operational Decision Management – their Business Rules Management System) many times before (most recently about ODM Advanced here). IBM has a new cloud offering – IBM ODM on Cloud – that was announced in early October. IBM ODM has offered various deployment options for a while – on premise, [...]

I am giving a webinar with IBM on Transforming Operational Systems: Analytics and Decision Management, August 11 at 11am Eastern Organizations today face rapidly changing environments where operational systems need to do more than just process high volume transactions quickly. They must also be able to execute informed business decisions for greater customer service and personalization. This [...]