predictions

Pegasystems had good years in 2011 and 2012 they say, with Q4 2012 being particularly strong and good results from their decision management products. They have over 2,000 employees as they go into their 30th year and are targeting $500M this year. Pegasystems maintains its focus on a platform business with a number of specific [...]

Saffron Technology is focused on prediction and sense making using associative memories. Associative Memories automate cognitive thinking by building connections and counts from large amounts of data. Saffron Technology uses a NoSQL / schema free approach and have developed technology to reason in real time by recalling the connections in the context of the raw [...]

Since I last wrote about Revolution Analytics (back when they announced their Netezza relationship) they have added some new management and are growing fast. In particular they see lots of big data experimentation evolving into actual projects. To recap, Revolution Analytics is a commercial analytics company based on the open source R statistics language. The [...]

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 [...]

I caught up with a local real-time decision making start up recently called Inkiru. Inkiru’s mission is to revolutionize real-time decision making by using the increasing volumes of data available to drive both insight and action. The core team is ex-Visa, PayPal, eBay, Chase, amazon with a focus in payments, fraud detection and security. The [...]

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 [...]

Skytree is singularly focused on advanced analytics, machine learning on massive datasets. They have been in development for several years and are based in Silicon Valley (with engineering teams there and in Atlanta) and the product was officially launched in 2012. They believe that machine learning will be at the core of solutions for big [...]

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 [...]

In a recent article over on All Analytics – Analytics-Business Alignment Needs Work – Beth Schultz discussed a set of Gartner predictions written up by Doug Laney. In particular she highlights Gartner’s finding that companies cited …aligning BI initiatives with corporate strategy and objectives nearly three times as often as they called out technology-related issues [...]

I am giving a webinar on Thursday March 14, 2012 10 am Pacific with Revolution Analytics on “Models Collecting Dust? How to Transform Your Results from Interesting to Impactful” Data scientists sometimes lament, “Why can’t I get anyone to use my predictions?” Great models that make accurate predictions are sometimes disconnected from organizational decision-making. This [...]

Jim Davis of SAS had an interesting post back in October – What do retail banking customers want?– in which he talked about the results of some consumer surveys and the banking industry’s response. The three results Jim discussed were clarity and fairness, easy access and quality customer experience. Interestingly I see all three of these [...]

The International Institute for Analytics predictions for 2012 have been posted to the IIA website. Check out what Tom Davenport, the rest of the faculty and I think about the new year in analytics. And if you are interested in predictive analytics in the cloud (my prediction), go to our company site here.

I gave a webinar with AllAnalytics on “Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise” last week and Shawn Hessinger has just published a nice blog post with a summary. The recorded webinar is here and the slide are below and on SlideShare. As I said in the presentation I believe there are 5 key elements [...]

I am participating in the 2012 predictions call by the International Institute for Analytics December 14th at 11am Pacific. Tom Davenport will be hosting a session to focus on the institute’s 2012 Predictions for Analytics. First, we’ll review how clear our crystal ball was a year ago as we cast our predictions for 2011. Then, Tom [...]

I am giving a webinar for All Analytics on Using Predictive Analytics: Secrets to Creating a Successful Predictive Enterprise, Thursday, December 15, 2011 at 11:00 a.m. PT, 2:00 p.m. ET. Enterprises must go from measurement and reporting to predictions and decision management. With ever-increasing amounts of historical data ready for mining, the right predictive analytic models can help [...]

Eric Yau kicked off the business analytics keynote today, saying that they are going to focus in on the 3+3 areas discussed yesterday and with that he introduced Deepak Advani. Deepak introduced some key IT trends – rising data volumes, high volume decisions that require decision automation and LOB demanding more flexibility and independence – [...]

Don Campbell, CTO Of IBM’s Business Intelligence group, presented on trends in smarter business analytics. He sees four focus areas – improving customer understanding, optimizing real-time decisions, better enterprise visibility and improved collaboration. All underpinned by managed, trusted data. IBM’s customers tell them that the 3 big challenges are A lack of understanding of how [...]

I am attending the Computerworld Business Intelligence and Analytics Perspective conference and just gave the opening keynote “From Business Intelligence to Predictive Analytics.” Following me is the team from Blue Health Intelligence about their innovative use of predictive analytics. The US healthcare system that is more expensive, less effective and less safe than many other [...]

I got my first look at JMP recently. JMP originally stood for “John’s Macintosh Project” apparently but is now a major business unit of SAS that has operated independently since 1989. It has about 180 employees and 250,000 users worldwide. The product has long since supported both Windows and Mac platforms and is a full [...]