Charlie Lewis of Air Products described how they have been using workflow and business rules (FICO Blaze Advisor). Air Products is a Fortune 300 company that primarily supplies industrial gases in a variety of markets. Charlie begun by describing the communication and work challenges of a diverse company across many countries where different groups have [...]
fico
Syndicated from ebizQ Following on from yesterday’s post on analytics, let’s talk about predictive analytics. Another phrase I picked up while working at FICO was this one: Predictive analytics turn uncertainty about the future into usable probability Again, I don’t know if the phrase originated there or was just in common usage but it always [...]
Syndicated from ebizQ With IBM’s announcement this week that it was acquiring SPSS I have been talking to a lot of folks about analytics. Analytics is one of those topics that is often on the edge of what IT people know so I thought a couple of posts on analytics might be useful. Now analytics [...]
Last week I responded to some concerns raised about the dark side of analytics and this prompted a very thoughtful comment from Will Dwinnell who said My fear is that much of the nuance about what a predictive model is really saying about airline passenger THX1138 is lost, and the security guard at the gate [...]
This week’s event calendar is below. The intent of this weekly post is to focus on web events coming in the next few weeks and conferences in the coming months. If you know about web or physical events around business rules, analytics, optimization or decision management, please let me know – james@decisionmanagementsolutions.com. Web Events: Silverlink: [...]
This week’s event calendar is below. The intent of this weekly post is to focus on web events coming in the next few weeks though I will start to add some longer term conference links. Anyone who knows about web or physical events around business rules, analytics, optimization or decision management, please let me know [...]
I have decided to start running a post at the end of the week highlighting relevant web events for the following week. If you work at a vendor and want to tell me about yours, please send me an email at james@decisionmanagementsolutions.com. Likewise if you hear of something you think other readers of the blog [...]
Back in March FICO released 6.7 of their BRMS Blaze Advisor. I got a chance to catch up with the release just recently. The focus of this release was the business user experience – an improved out of the box experience for business users. The business user experience has become increasingly critical as business users [...]
[amazonify]0316172324:right[/amazonify][amazonify]0316172324::text::::Blink: The Power of Thinking Without Thinking[/amazonify] The book is an easy read and full of wonderful stories and vignettes that illustrate Malcolm’s points. Essentially the book is about how people make rapid decisions, often before consciously processing the available data, and the good and bad consequences of this. We are all familiar with some [...]
