≡ Menu

optimization

FICO Xpress Optimization Suite is part of the FICO Decision Management tools suite. It can be used in conjunction with various FICO applications too. It is used directly with their Marketing product and is embedded in their Decision Optimizer product that can generate optimal rules for their Originations, Customer Management, Collections and Fraud products. Outside [...]

IBM has two core Decision Management products, Operational Decision Management and Analytical Decision Management. As noted yesterday CIOs see a need to drive better real time decisions while CEOs see the need to differentiate their organizations by translating insight into actions (by making decisions). The Decision Management solutions are focused on optimizing decisions – not [...]

Day 2 at the IBM Analytics Summit a little more restricted in terms of blogging with more content under NDA. The first session was an overview of the IBM analytics strategy. IBM’s Business Analytics Strategy involves solutions for customer analytics, performance management and risk analytics built on capabilities for personal analytics, Decision Management and Big [...]

Deepak Advani came back on stage to give more details on Decision Management software from IBM. Obviously Decision Management 6 came out a while ago, bring rules and analytics together. With the new release there are several new features: Integration of CPLEX The new release integrates the ILOG CPLEX Optimization engine Entity Analytics The integration [...]

IBM made a big announcement about Decision Management today. They are marking what they see as a new era of computing, cognitive computing that allows us to build systems that learn and, in my words, make decisions. All these new technologies, analytics and more, are about making better decisions. As Mike Rodin put it, the [...]

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 [...]

Steve Mills kicked off the IBM Smarter Analytics Leadership Summit. Business Analytics matter, he says, as shown by the focus of CEOs (8 out of 10 expect complexity to increase, enterprises applying analytics are more successful etc). The need for analytics is pervasive, with every industry seeing a massive expansion in the volume of data [...]

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 [...]

Fuzzy Logix is an advanced analytics software solution and services company headquartered in Charlotte North Carolina, with offices in Cupertino California, Richmond, Virginia and distribution channels throughout the world. Fuzzy Logix provides an in-database analytics solution, supporting both in-database model construction and in-database scoring.  They also offer in-GPU solutions, which allow users to access potentially [...]

As you probably know by now, we have released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. This version of the report focuses on four key areas (outlined in the webinar we gave recently and available in our archive here). One of these [...]

We have released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. One of the challenges is that multiple product categories exist in the market for the capabilities we discuss in the report. These product categories often overlap. While there are many Business Rules [...]

As regular readers know, we have released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. This version of the report focuses on four key areas (outlined in the webinar we gave recently and available in our archive here). It also discusses some of [...]

As regular readers know, we have released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. The core of this version of the report is the description of four aspects of building a Decision Management System that drive organizations to adopt new, Decision Management [...]

SAS Executive Viewpoint 2012

Dr Goodnight kicked it off the executive viewpoint at the 2012 SAS Inside Intelligence session. SAS had another growth year in 2011 ($2.7B and growth of 12.1%) as Jim highlighted both its continued investment in new buildings around the world and the fact that many SAS locations around the world, and SAS overall, continue to [...]

Organizations are adopting a new class of operational systems called Decision Management Systems to meet the demands of consumers, regulators and markets because traditional systems are too inflexible, fail to learn and adapt and crucially cannot apply analytics to take advantage of “Big Data.” Decision Management Systems, as I described in my book, are agile, [...]

First Look – FICO Model Central

FICO Model Central is the latest addition to FICO’s Decision Management platform and is focused on lifecycle management of predictive analytic models in the context of an overall Decision Management implementation. The original driver was a growing regulatory requirement in the banking industry to have a regular cycle of model validation and monitoring of predictive [...]

We are closing in on the first release of our definitive report on platform technologies for Decision Management Systems. We expect to make the first version available early next week (once we have completed a few production steps). This will provide an overall architecture for these technologies, describe the core product categories (Business Rules Management Systems, [...]

The first webinar from my ongoing research into Decision Management Systems Platforms is coming up on February 16th at 10am PT – register here  for Four platform capabilities for Decision Management Systems. This webinar kicks off what will be a continuing series of webinars as our definitive report on Decision Management Systems Technology Platforms comes to [...]

I will be giving a webinar on Four platform capabilities for Decision Management Systems on February 16th at 10am Pacific. This webinar kicks off the first installment of our definitive report on Decision Management Systems Technology Platforms. This report describes the wide range of technology available for building this exciting class of systems – Business Rules [...]

StatSoft was founded in 1984 and started building statistical software when it first became practical to deliver on the PC. STATISTICA is an enterprise predictive analytics platform on the Windows platform with role-based access, connections to the various data sources that companies have and support for data exploration through to deployment. The product has four [...]