real-time

Next up is Randy Lea with a discussion of Teradata’s UDA – Unified Data Architecture. The challenges of managing and analyzing data have not really changed in years – people still worry about complexity, volume and ease of analysis just like they always have. Competitive differentiation continues to require management  of data and delivery of [...]

Jake Porway came back to talk about the coming explosion of data. With the Internet of Things, drones and more sensors everywhere, our current view of “big data” is going to seem quaint in the not too distant future. So much more data is going to come flooding in we have to adopt new technologies and new [...]

Shanker Ramamurthy kicked off the session, describing how, as the world’s economy is digitized, the use of Big Data and analytics to compete in the new real-time economy becomes essential. The latency with which enterprises much develop and implement solutions is collapsing to zero. Customers are demanding more value for money at the same time, requiring not just faster [...]

At IBM Insight 2014 this week to hear about IBM’s latest data and analytics offerings. Tomorrow I will be speaking myself on how event-centric decisions represent an inflection point in real-time decision making. For now though it’s going to be all IBM. After some great rah-rah intro material from Jake Porway and Jeff Jonas, Bob Picciano came [...]

I am speaking at IBM Insight on Customer-Centric Enterprises Leverage IBM ODM Advanced to React Accurately to Risks and Opportunities at 1:45pm Pacific in Mariners B. Business rules combined with predictive analytics address a proven solution to a wide array of traditional business problems where micro decisions are to be made about individual customers at well [...]

I blogged a little about the tech preview of IBM’s Operational Decision Manager – Advanced product when I was at IMPACT and I recently got a full briefing on the new ODM Advanced release. ODM Advanced has been under development for about 2 years with early access for customers back in late 2013 and technology [...]

I recently did some work with the folks at SAS on Decision Management and they helped me create some new decision management assets. We recorded three short webinars on core decision management topics: Operationalizing Analytics With Decision Management. Where decision management fits in your analytic environment. How to modernize analytical business processes. The value of operational analytics. Manage Business [...]

I got an update from WebAction recently. WebAction was founded in 2012, is backed by Summit Partners and is headquartered in Palo Alto, CA. The founders come from working together at GoldenGate and some prior companies, such as WebLogic. WebAction’s focus is on what they call “Data Driven Apps” – on moving from data presentation [...]

I recently did some research on the requirements for enterprise-scale analytics and the challenges of using open source R in this context. In this first post I wanted to outline some of the requirements I see for enterprise scale analytics and in a second post I will discuss the challenges of R in that context. As advanced [...]

Check out this article – Business leaders need Rs not Vs: The 5 Rs of Big Data. I met Merritt,the author, at the TDWI Solution Summit on Advanced Analytics this spring. In the post, and in his subsequent work, he makes some great points. I really like his 5Rs and think they illustrate the power of [...]

Last breakout session at the IBM Big Data and Analytics day in on the Internet of Things and Predictive Asset Maintenance. The IoT is creating new opportunities in all sorts of industries from route optimization to border control, power management in buildings to managing ATM infrastructure. Increasingly organizations want to respond in real-time to things being detected [...]

IBM recently introduced a Predictive Customer Intelligence solution. Like the counter fraud solution earlier, this is one of IBM’s multi-product and services signature solutions. The focus of this solution is the increasing need to be truly customer-centric, focusing marketing on individual customers not on segments or campaigns, not on pre-existing mental models or ideas. This matters [...]

Next up is a client panel with Verizon, FleetRisk Advisors and UBS AG. Verizon has created a specific Big Data and Analytics R&D group to diversify their portfolio of services, looking for new opportunities in data and analytics to leverage Verizon’s DAILY 12PB of data. FleetRisk Advisors is a business founded on predictive analytics for the trucking industry [...]

Beth Smith and Fred Balboni kicked things off at the IBM Big Data & Analytics Summit. IBM has been making big investments in data, Big Data and analytics. Increasingly they see customers using data for competitive advantage in new ways, taking advantage of the cloud for development and deployment. In particular they see their customers using [...]

McKinsey came on stage talking about digitization. They see that different industries are at different points in the digital disruption. New trends begin and early adopters grow, start transforming mainstream companies and then a tipping point is reached where some incumbents die. So, for instance, disruption of retail banking is just starting while traditional media/video stores, for instance, [...]

I am attending PegaWorld 2014 and we kicked off with the opening keynotes with a focus on becoming a digital enterprise.  New channels, more devices are driving an unprecedented degree of change according to Alan Trefler, CEO. Organizations must become digital by design, intentionally, focusing on three key areas: The power to engage with customers, [...]

TDWI just published a new article of mine on Moving to Real-Time Decisions (it’s in a members-only newsletter so you will need to be registered to view). When it comes to analytics, many organizations focus on using analytic insight to improve executive decision making. Yet there is often an even greater opportunity when using analytics [...]

I am speaking on Moving to Real-Time Analytic Decision Making with Decision Management at the TDWI Executive Summit in Boston, July 21-23 The right time to make decisions for organizations is increasingly real time. Customers want responses in real time; supply chains must adapt to disruption in real time; fraud must be caught before it gets into [...]

I just presented on The Mobile Enterprise: Driving the Need for Better Decisions & Smarter Processes. Here are the slides: The Mobile Enterprise: Driving the Need for Better Decisions & Smarter Processes from Decision Management Solutions The consumerization of technology in enterprises, increasingly mobile employees and the demands of more social, mobile and connected consumers [...]