I presented today at the TDWI Executive Summit in San Diego on Moving to Real-Time Analytic Decision Making with Decision Management and I thought I would post a few thoughts. The right time to make a decision is increasingly in real time – customers want responses in real time, supply chains must adapt to disruption [...]
decision latency
The third and final post in my series on the impact of Big Data on Decision Management Systems: The impact of Velocity. As more data arrives more quickly we have to deal with velocity in two ways – we have to decide more quickly and we have to deal with data “in motion” – streaming [...]
I got caught up with Informatica recently, checking in with them on their Complex Event Processing (CEP) technologies. They have recently been talking about decision management, especially in healthcare where their new Informatica Proactive Healthcare Decision Management solution is based on their CEP engine. Like me Informatica see a historical, summarization focus in business intelligence [...]
I have long been a fan of Richard Hackathorn’s view of decision latency and use it regularly in both consulting and training. He uses the concept of the value-time curve. This curve is designed to show that the longer you take to respond to new data, business events, the less value there is in your [...]
Paul Vincent of Tibco presented to the OMG Decision Modeling Notation day on the impact of event processing and real-time event handling on decision management. In particular the increasing need for true real-time, almost snap decisions. Tibco sees demand for these kinds of decisions across banking and trading, supply chains, telecommunications and more. Paul used [...]
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 [...]
Dave Schrader presented on 3 years of Active Enterprise Intelligence progress, giving the same presentation he uses to talk to customers, especially business customers. He has been showing customers that their peers have been adopting Active Enterprise Intelligence (some 146 case studies) and discussing some of the challenges (which are people problems, of course). Active [...]
Syndicated from BeyeNetwork In Is Data a new defensibility? Abhishek Tiwari argues that even data is not defensible any more. He argues that data integration and the use of new sources of data are key skills but that companies cannot use unique data to differentiate because there is too much data and too much of [...]
