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data governance

I got my hands of a copy of Krishna Pera’s new book, Big Data for Big Decisions recently. I met Krishna several years ago when he published some articles on being decision-driven not data-driven and on why it’s essential to prioritize decisions for your analytic efforts. He’d found some of my articles on being decision-centric [...]

Interested in Big Data Governance?

I got an email today from a doctoral student trying to complete their dissertation. They are looking for 10 or so participants to complete data collection for a study on The Role of Data Governance Mechanism in Managing the Big Data Environment. If you’re interested, please contact Stephanie by email for more information: Stephanie Cutter sstreich@capellauniversity.edu

Jack Philips kicked off this year’s International Institute for Analytics Chief Analytics Officer Summit emphasizing the power and pervasiveness of analytics. Analytics, he says, is a classic disruptive innovation with most companies seeing a slow start and then a sudden inflexion point to rapid adoption and growth. Now the challenge is how to scale analytics, [...]

Final session today focused on systems and architecture for Big Data Analytics. It began by talking about the friction between business and IT and how this is increasing, especially around information and analytics where business users want to be able to work with data without worrying about IT. This creates challenges for IT specifically: The [...]

SAS has been focusing on in-memory analytics recently with its new Visual Analytics products for instance. Teradata and SAS have been working together to enable these in-memory products for Teradata customers and today announced a new appliance. The expansion to the Teradata Appliance for SAS, Model 750 now supports SAS High Performance Analytics (HPA) Products, [...]

Next up at the Teradata Influencer event was a session on data lakes and related technology / approaches from the Think Big consulting team. Think Big sees a data lake as an approach to capturing, refining, storing and exploring any form of raw data at scale, enabled by low cost technologies and from which downstream [...]

First Look: Valen InsureRight

Valen Analytics has been around since 2004 and is focused on providing proprietary data, analytics and predictive modeling to the Property and Casualty market with 25 customers in production. To help carriers manage and segment their portfolios to drive underwriting profitability, Valen develops productized models based on pooled consortium data for carriers. Valen’s InsureRight platform [...]

My colleague at Decision Management Solutions, Gagan Saxena, has just posted on Designing User Experience with SAP Screen Personas. As he and I have worked more with decision modeling (or decision requirements models as they are sometimes known) we have found more and more uses for them. As you can see from the role of decision requirements modeling [...]

One of the sessions I am most looking forward to is next – Ryan Schmiedl and SAS’ view of Decision Management. Ryan kicks it off with examples of operational decision making – credit card approvals, car loan approval, claims payment. Decisions about transactions made in real-time or near real-time. These systems, Decision Management Systems, embed [...]

I recently got a briefing from Information Builders, an independent business intelligence (BI) and enterprise information integration/management (EIM) vendor founded in 1975. They sell their BI and EIM solutions separately, though they are increasingly selling these solutions together. They have 1,350 employees and 12,000 customer sites as well as a strong OEM portfolio. They find [...]

As part of the build up to today’s tweet jam on advanced analytics, Jim Kobelius discussed some of the questions they are planning to use in a blog post – Advance your analytics strategy. There’s a lot of good stuff in the article but I do have to take issue with a few things. First, [...]

Mike Hoskins, Pervasive’s CTO, opened the conference talking about Pervasive Data Innovation. Mike sees a wave of integration innovation coming in the next few year. Pervasive, if you don’t know them, is a 28 year old company with 250 employees and thousands of customers and is particularly strong with partners and ISVs. 39 consecutive profitable [...]

Right Time Business Optimization

Syndicated from Smart Data Collective Mike Ferguson presented on Right Time Business Optimization using on-demand and event-driven analytics at the Teradata Partners conference. Business optimization, Mike says, is about continuously knowing what is the best action to take and when to take it in every business process to dynamically keep a business running optimally while [...]

Several sessions this afternoon on data quality and governance. Rather than blogging these separately, here are some thoughts: Great illustration of data quality problem having a business impact – bad data led a Telco to prepare a large CapEx project to add bandwidth capacity but a physical inspection showed plenty of actual capacity. Bad data [...]