management

The move over recent years has been towards increasingly distributed processing of data, both in terms of the underlying model and in terms of the processing architectures available. More and more of this data is also streaming and SQLstream is focused on effective access to streaming big data. Founded in 2003 and headquartered in San [...]

I was chatting with our VP of business development today and she shared a great phrase that she had heard recently – “the tyranny of the anecdotal.” This refers, of course, to the terrible tendency of people to use anecdotes and stories to make decisions. The regrettable tendency for a doctor to ignore data about [...]

I will be giving a webinar with Don Perkins, an experienced business rules consultant, on Re-inventing Business Requirements with Decision Management, Wednesday November 28 at 11am Pacific/2pm Eastern: Effectively capturing and managing requirements is critical in any IT project. Business analysts and others gathering requirements know how to capture and document processes, data and user tasks. [...]

Big Data is a big topic these days. The combination of predictive analytics and Big Data should create new opportunities for more specific, future-oriented analysis of large amounts of data to create actionable insight. Yet most organizations are not combining predictive analytics and Big Data in this way and I think this is because they are trying [...]

My latest article just published over on Information Management – Predictive Analytics: Making Little Decisions with Big Data Big data and predictive analytics come together in the operational environment. By focusing on operational decisions, we can put big data to work, using it to drive predictions that improve our ability to make good decisions at the [...]

Gagan Saxena, Decision Management Solutions’ VP Consulting is giving a webinar on Business Design for the big-data driven, social and mobile Consumer: A Decision Management Approach at 10am Pacific/1pm Eastern on October 16th. Redesign your business for the big-data driven, social and mobile consumer. Attendees will be introduced to a company trying to build capabilities to [...]

I am speaking at IBM’s IMPACT Comes to You in Costa Mesa, CA on September 12. I will present on BPM and Decision Management for Smarter, Simpler and More Agile Processes: One of the prime causes of over-complex processes is the inclusion of decision-making in process designs. Organizations that identify the decisions in their processes and [...]

Be Informed recently gave me an update on their progress. Based in the Netherlands, they were founded back in 2002 and they released 4.0 last year and have been focused on building a large number of projects across Europe, especially in the Netherlands. Focus areas are public sector and financial services. They are over 200 [...]

I am giving a webinar on the 5 ways Decision Management leads to greater customer value with AllAnalytics.com at 11am Pacific on August 8,2012. Knowing how to create better, more profitable customer relationships starts with an understanding of the strategic and day-to-day operational decisions your company or organization is making about those customers. If you [...]

Last week there was an exciting announcement, reflecting the growing interest in Decision Management and the rapid acceptance that decisions are something that companies and organizations must manage if they are to survive and thrive in the area of big data. I am delighted to announce that Decision Management Solutions, the company of which I [...]

#8. We’re doing fine as we are; why fix what isn’t broken? What this normally means is that there are no obvious decision-centric problems in the current IT portfolio. I am reminded of a story I heard a long time ago. An IT leader was called in and asked to give a report on the [...]

#9: I would like to invest in business rules and decision management but my manager just doesn’t get it This excuse typically arises because “decisions” are too generic to get management attention. Instead, focus on how automating decisions can help with more precise pricing, customer retention or cross-sell offers, better consistency when coping with staff [...]

First my apologies for the lack of blog posts recently – just been a crazy time. I am going to be blogging from some events next week on standards for decision management and updates from IBM on their analytics and decision management products. Plus I plan to re-run some oldies but goodies on using business [...]

My friends at GDS Link (First Look here) are giving a webinar “It’s Not Just About the Approval – Getting to the Optimal Credit Line Assisgnment, Product & Rate” on Thursday June 28 at 1:00pm ET. I will be presenting and taking questions as we go through the role of rules, analytics and optimization in [...]

While there are many machine learning packages out there, BigML is trying to make them usable by people with just a little experience – to improve the learning curve of machine learning techniques. At the same time they also address the scale challenge as Gigabytes of data override the traditional algorithms. Their product is therefore [...]

KDNuggets had an interesting poll this week in which readers expressed themselves as Skeptical of Machine Learning replacing Domain Expertise. This struck me not because I disagree but because I think it is in some ways the wrong question: Any given decision is made based on a combination of information, know-how and pre-cursor decisions. The know-how [...]

Session 2420 at IBM’s IMPACT is titled “From Business Rules to a Decision-Centric Organization” and is being presented jointly by me and a client of mine – Gagan Saxena of Apple Vacations. Apple Vacations is expanding its B2C business by improving consumer experience, adding intelligent personalization and dynamically creating product packages – a dramatic shift [...]

An article on electronic medical records in the New York Times caught my eye recently. In this article was the comment: Computerized patient records are unlikely to cut health care costs and may actually encourage doctors to order expensive tests more often, a study published on Monday concludes. Now I don’t know specifically what about [...]

Our new report on Decision Management Systems Platform Technologies has been available for download for a while now and thousands of you have downloaded it. To make it even easier to access (the PDF does not require a registration even) we have made it available online in the main report webpage – just scroll down [...]