UPDATED 2/19/2015 for SAS® Decision Manager v 2.2 reflecting ongoing integration of capabilities into the core product as well as new features (in italics). SAS has announced its new Decision Management product – SAS® Decision Manager – back in 2013 and it is now in version 2.2. Over recent years SAS sees an increasing focus [...]
collaboration
Bob Picciano and Les Rechan came up next to discuss Big Data and Analytics: Fueling Competitive Advantage in the New Era of Smart. Five years ago IBM launched the Smarter Planet initiative. On a smarter planet, they say, everything is connected and instrumented and this is reflected in the explosion of Big Data. To drive value [...]
Earlier this week I posted on the value of decision requirements modeling in analytic projects when it comes to coping with some of the analytic skills shortages people face. But this is not the only reason to focus on decision requirements if you are focused on predictive analytics and data mining. In fact decision requirements modeling [...]
Day 2 at IBM IMPACT kicked off with another IBM keynote. Dave Farrell got it started telling us that IBM got record attendance this year and that customers will be talking about how “business in motion” has helped them. First up is Jim King of BMI – a licensing and rights management company in the [...]
In the analyst track we got an update on WebSphere. Marie Wieck kicked off with a quick overview of the WebSphere business and on the persistent themes, largely the same as the ones highlighted in the opening keynote (open, mobile) but also emphasizing IBM’s increased outreach to and support of developers, its focus on improving [...]
I got an update from Aha! recently on their Aha! Analytics Platform. Aha! believes that organizations must embed and automate analytic disciplines at the operational level so that people running the business day to day can apply analytics. To deliver on this they have been expanding their analytic platform capabilities, supporting big data and more. [...]
Berkeley Publisher is a product from Berkeley Bridge, a company based in the Netherlands. Founded by a group with experience in expert systems, especially in government systems, BerkeleyBridge has been focusing on “making knowledge profitable using intelligence software” since 2005, primarily in the legal domain. They are now focused completely on developing their platform as [...]
Getting started at the IBM analyst summit for business process management and decision management. David Millen kicked off with a somewhat rambling introduction to the current state of process and decision management in the market and at IBM. Some key points: Managing business processes, making them more efficient, remains the top priority for companies when [...]
I recently got an update on release 8 of IBM’s Operational Decision Management product (last reviewed here).With this release, the user experience and the user interface have been completely overhauled and the integration between rules and events has been improved. The look and feel is also increasingly shared with the BPM product and, to be [...]
2. Business users wouldn’t know what to do with decision automation if they had it “My business users don’t want to get involved” “But I can’t get users to tell me the rules now” “I don’t want the users telling us how to do our jobs” The first reaction to decision automation technology from some [...]
IBM has two core Decision Management products, Operational Decision Management and Analytical Decision Management. As noted yesterday CIOs see a need to drive better real time decisions while CEOs see the need to differentiate their organizations by translating insight into actions (by making decisions). The Decision Management solutions are focused on optimizing decisions – not [...]
I am speaking on Business Friendly Data Mining on Day 2 (June 26) of Predictive Analytics World Chicago at 10:40am CT. Organizations that are more sophisticated with analytics are more likely to be top business performers. But too often there are gaps in understanding between business, IT and analytics teams. Gaps in building business understanding [...]
Johan Gerber of MasterCard kicked things off on day 2. MasterCard does not actually issue the cards with their logo on, they are a technology company that provides a network to link consumers, 32,000,000 businesses and 22,000 card issuers. The network is very high performance, handling 100 pieces of information and processing each transaction in [...]
The Forbes Mini Main Tent was kicked off by Mike Perlis, CEO of Forbes. Mike focused on how to build a business as strong as the Forbes brand – something with four legs: Keep print business on track Build the digital business for growth Develop brand extensions like conferences and international Become a great technology [...]
The TIBCO Spotfire blog had a nice post – Tips to Get Your Organization Ready for Big Data – and it struck me that these tips were all good advice for someone trying to do “Big Decision Management” – that is Decision Management with Big Data. I would add a few comments though: Collaboration is [...]
Brenda Dietrich from IBM research wrapped up the morning with a discussion of some of IBM’s research. This involved both managing uncertain data at scale and driving analytics for this data. Projects cover systems of people, the future Watson, Outcome-based business and resilient business and services. As everyone knows there’s a lot more data out [...]
I got an update from Predixion Software recently. Predixion, as I have blogged before, was founded in 2009 and is focused on disrupting the predictive analytics market by making it easier to build and deploy predictive analytics. Their core belief is that success with predictive analytics is going to require the broadening of the range [...]
Patrick over at Figurs sent out a newsletter that highlighted an article from 2010 Biggest Barriers to Business Analytics Adoption: People. The article highlighted the people and organizational issues in adopting business analytics and #1 was “Lack of understanding of how to use analytics to improve the business”. While it’s been a while since this was [...]
Predictive Analytics World San Francisco 2012 is coming at the beginning of March and as a speaker (I am presenting Five Growth Scenarios for Predictive Analytics in the Cloud on the 5th), a workshop host (Business-friendly Data Mining with Decision Management on the 8th) and a blog partner I have a discount code for you all. Use DMSBP12 to [...]
I got a quick update on Spotfire 4.0 recently (announced today – I last reviewed Spotfire in February). This release was aimed primarily at getting analytics to a wider audience through analytic dashboards and social collaboration. As we all know, many people work with others in different locations and time zones. This requires strong context [...]
