data

Last up an executive panel focused on Watson Analytics: How much data, how complex or what kind of data drives value from Watson Analytics? Self-service is core to the value proposition more than the kind of data or volume of data If you have only a little data then one of the interesting aspects is [...]

I recently did some research on the requirements for enterprise-scale analytics and the challenges of using open source R in this context. In my first post (Requirements for Enterprise Scale Analytics with R – Part 1) I outline some of the requirements I see for enterprise scale analytics. In this second post I will discuss the challenges of R [...]

Michael Fitzgerald wrote a great piece of the MIT Sloan Management Review this week – The Four Traps of Predictive Analytics. Michael saw me present at an event for Predixion in Boston and then went on to chat with me a couple of times. It’s a great piece, highlighting four critical issues around predictive analytics: The [...]

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 [...]

Tracy Allison Altman over at Ugly Research has a great new  white paper – Data is easy: Deciding is hard – in which she quotes me (thanks Tracy). It’s a great paper and makes what I think is the critical point – that you don’t need a data culture but a decision culture. And I would add [...]

Alistair Rennie came up next to talking about how IBM is redefining the analytic experience. Some of this is “in the labs” and so may or may not show up in future products. From an experience point of view IBM sees some tension between the IT and business folks in an organization – the business [...]

Fern Halper and I just wrapped up as hosts of the TDWI Solution Summit on Advanced Analytics. We had a great two and a half days with some wonderful case studies, a super-engaged audience and lots of intense 1:1 conversations between attendees, speakers and sponsors. To wrap up Fern and I discussed some of the [...]

Angoss recently released an end to end scorecard building tool –ScorecardBUILDER – based on the same underlying workflow capabilities released in Angoss KnowledgeSEEKER 9.0 (reviewed here). This product is designed to automate or otherwise streamline time consuming manual steps in the process of building a predictive scorecard. As noted, ScorecardBUILDER is based on the new [...]

Since I last wrote about 11 Ants they have increasingly focused on retail analytics to help retailers make the most of their transactional data and loyalty program data. 11 Ants new Retail Analytics Platform is designed to address a number of initiatives in retail – integrating customer behavior deeply into metrics, being consistently customer-centric across [...]

Experian’s PowerCurve platform was released in 2012 (I blogged about it here) and has been expanding and rolling out since then. It consists of a set of Data Management and Decision Management capabilities supporting a set of application across Originations, Customer Management and Debt Management. Fraud prevention and identity verification capabilities can be integrated with [...]

TIBCO Spotfire 6.5 (announced last month) has new capabilities around easier access to data, location analytics and R. To support effective data discovery and visualization, TIBCO believes it is essential to allow users easy access to analytics against the increasingly wide range of data sources that are available. It’s not enough that the visualization tools [...]

I am speaking on Moving to Real-Time Analytic Decision Making with Decision Management at the TDWI Executive Summit in Boston, July 21-23 The right time to make decisions for organizations is increasingly real time. Customers want responses in real time; supply chains must adapt to disruption in real time; fraud must be caught before it gets into [...]

SAS® Model Manager is getting an update soon to release 13.1 (I last blogged about Model Manager 3.1). The vision of SAS Model Manager going forward is to streamline the integration of predictive modeling into the overall environment, make it easier to operationalize analytical models, expand the model portfolio management capabilities and improve governance and [...]

Please describe your current role and title DecisionViz is a management consultant that helps companies build leadership in the processes, people, and culture around data visualization. We work with senior management to elevate visualization from the activity of reporting and making charts to being integrated with their daily decision-making. I founded the company in 2012. [...]

An associate professor at NEOMA Business School, Rouen, France is conducting a survey on how the quality of analytics influences business value, satisfaction and continuance/firm performance: Business Analytics is expected to create huge operational and strategic benefits. In this study we look at how quality of analytics influences business value, satisfaction and continuance/firm performance. The results [...]

This week’s white paper of the week is a short paper on In-database Analytics In-database analytics offer a powerful tool for embedding advanced analytics in a critical component of IT infrastructure. As the amount of data involved has grown and as data infrastructure has become more powerful, the adoption of in-database analytic technology has grown [...]

If you are a data analyst, data scientist, data miner or other analytics professional you should see this. Thanks to @jimsterne for sharing!

I got an update from Actian about their new announcement recently. Actian recently acquired ParAccel (reviewed here) and Pervasive (see my reviews of RushAnalyzer and DataRush) and for 2014 they are bringing all this IP together into a new Actian Analytic Platform. Actian is now a $140m company with strong profits and 10,000+ customers including [...]

The third post in my series on standards in Predictive Analytics is on R, a hot topic in analytic circles these days. R is fundamentally an interpreted language for statistical computing and for the graphical display of results associated with these statistics. Highly extensible, it is available as free and open source software. The core environment [...]