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Next up at IBM Insights is the Advanced Analytics keynote with a focus on how to get insight out of all these new data sources and infrastructure. The session is focused on Spark, on hybrid cloud-on premise solutions and on trusted data. Companies are moving up maturity curve they say, moving from cost reduction to [...]

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 [...]

Back in May of last year, Wayne Eckerson published “Making Predictive Analytics Pervasive“. It’s a great report with some really useful data but one of the key headline result is that implementation rates are not rising – in fact fewer organizations are reporting successful implementation of predictive analytics (from 21% to 18%). This despite the [...]

First Look: Predixion 4.0

Predixion released 4.0 of Predixion Insight in October 2014 and I got a product update recently. First, some quick background on Predixion: They started back in 2009 based in California and Washington and recently added an office in Europe. 70 employees now with a core set of partners and investors. Their focus is on making [...]

Yseop Update

I got an update from Yseop recently, having last been briefed back in August 2013.Yseop has repackaged its capabilities into two products – Yseop Smart NLG (Natural Language Generation) and Yseop Smart Machine. Yseop Smart NLG is software that turns data into text and narrative, primarily working in finance, business analytics and business intelligence while [...]

Tom Debevoise and I gave a webinar this week on 4 key benefits of using the Business Process Model and Notation (BPMN) and the Decision Model and Notation (DMN) standards. We highlighted the power of these two standards in combination, specifically in terms of: Streamlined processes A combination of process modeling and decision modeling produces simpler [...]

I am often asked to give a business or an IT perspective on Decision Management. As part of some recent work with SAS on Decision Management we created two decision management videos – one aimed at business users and one at IT professionals: For Business Users an interview between Fiona McNeil of SAS and me on SAS® Decision Manager Insights: A high-level [...]

I blogged a little about the tech preview of IBM’s Operational Decision Manager – Advanced product when I was at IMPACT and I recently got a full briefing on the new ODM Advanced release. ODM Advanced has been under development for about 2 years with early access for customers back in late 2013 and technology [...]

Decision modeling as part of the requirements phase or iteratively during agile projects makes it easier for business users to fully participate in Drools implementations and maintenance. If you missed our webinar, Engaging Business Users with Drools, the presentation and webcast are now available. In the webinar Mariano De Maio, CTO of Drools experts Plugtree and I present how [...]

Earlier this week we announced the release of the Enterprise Edition of our cloud-based decision modeling software, DecisionsFirst Modeler. This new Enterprise Edition extends our user-friendly, DMN standards-based graphical decision models by integrating them with implementation platforms such as business rules management systems (BRMS) and predictive analytic workbenches. By linking business user-friendly decision requirements models to often complex [...]

Next up a customer panel with cspire, xo communications and Purdue University. First question was what new things can you do with Watson Analytics? Easily convert data into a story in the context of a business The cloud supports a very distributed workforce allowing  more people to access more advanced analytics Empowering people who would [...]

Dave Laverty kicked off IBM’s big Watson Analytics announcement event in New York.  The focus today, he says, is the reinvention of the analytic experience with a degree of simplicity that puts analytic power in the hands of everyone. Bob Picciano joined him to make the key announcements. Back in January IBM announced the Watson business unit, a vertically [...]

I am giving a webinar on Plugtree, on October 8 at 10am Pacific/1pm Eastern: Drools is a technically strong, high performance Business Rules Management System (BRMS). Drools has editors that can be configured so business analysts and business users can maintain and update business rules but many organizations trying to engage their business users in this [...]

I am giving a webinar on Improve Your Process Models by Modeling Decisions for the IIBA on September 18 at 11am Eastern: Business analysts know that modeling business processes, rather than writing about them, defines them more accurately. Business process models make it easier to validate requirements, easier to see opportunities for improvement and easier to manage [...]

It’s been a while since I had an update on Progress Corticon – the last time was an update for v5.2 back in 2012. Progress Corticon is a mainstream Business Rules Management System with the usual Corticon Studio, Corticon Server and Corticon Enterprise Data Connector. In addition there is the Corticon BRMS for OpenEdge, linking [...]

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 [...]

Angoss has been selling analytic software, installed and increasingly hosted, for about 20 years. Angoss aims to satisfy advanced statisticians as well as business users with the skills and acumen to develop advanced analytics. Angoss  KnowledgeSEEKER 9.0 is the latest release of their flagship product. Release 9.0 adds automated workflow to the existing decision tree [...]

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 co-chair, with Fern Halper,of the TDWI Solution Summit: Beyond BI to Advanced Analytics for Business Advantage in San Diego, June 1-3. Business analytics has become an important new trend for companies that want to be competitive—and stay that way. While certain kinds of advanced analytics have been on the market for decades, adoption is [...]