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We are running our regularly scheduled, and highly reviewed, Decision Modeling with DMN training again December 4-6, 9:30am-11:30am Pacific each time. Decision modeling with the new Decision Model and Notation (DMN) standard is fast becoming the definitive approach for building more effective processes and for specifying requirements for business rules and predictive analytic projects. With decision modeling, [...]

An analytic enterprise uses analytics to solve its most critical run-the-business problems. It takes advantage of new tools and new data sources while ensuring analytic results are used in the real-world. An analytic enterprise uses analytics to solve its most critical run-the-business problems. It takes advantage of new tools and new data sources while ensuring [...]

We are running our regularly scheduled, and highly reviewed, Decision Modeling with DMN training again October 3-5, 9:30am-11:30am Pacific each time. Decision modeling with the new Decision Model and Notation (DMN) standard is fast becoming the definitive approach for building more effective processes and for specifying requirements for business rules and predictive analytic projects. With decision modeling, [...]

JMP 13 and JMP Pro 13 launched in September 2016. JMP is a business unit of SAS with more than $60M in revenue with growth and a focus in manufacturing and life sciences. Lots of engineers, analysts, researchers and scientists as users. JMP has specialty products in Genomics and Life Sciences but this release is [...]

I recently participated in an International Institute for Analytics webinar,  Prescribing The Right Decision With Prescriptive Analytics (I am a faculty member of IIA). In the webinar we did some surveys that had some interesting results. First off we asked the audience what they were using analytics for. This was interesting to me as it overlapped [...]

Mark Clare, the Global Head of Data/Information Management and CDO at HSBC, came up next to be interviewed by Jill Dyche of SAS. Mark has been a CDO previously and took his latest role in large part because it is a business role focused on driving data into the operations of several division. He and [...]

Next up at IBM Insights is the Advanced Analytics keynote with a focus on how to get insight out of all these new data sources and infrastructure. The session is focused on Spark, on hybrid cloud-on premise solutions and on trusted data. Companies are moving up maturity curve they say, moving from cost reduction to [...]

Real Time Big Data #TD3PI

Another Think Big employee came up to talk about real-time big data especially around event analytics. Real-time, he says, is generally something happening in a second or so not minutes or hours. Might be push or pull but what matters is the time from data in to data out. Real-time responses, he pointed out,  need [...]

I am giving a webinar on Advanced Analytics for the Business Professional 10am Pacific on May 28 Advanced Analytics is not just for data scientists anymore. Many businesses adopt their analytics by degree of complexity, limiting business professionals to reporting and dashboard views of their business. But recent research has found that with modern tools [...]

I am giving a webinar with FICO on March 25th at 11am Pacific/2pm Eastern on “Identifying the Right Analytic Capabilities in the Era of Big Data” There is an increasingly broad portfolio of analytic capabilities available to enterprises today. These range from traditional Business Intelligence capabilities like reporting and ad-hoc query to modern visualization and [...]

One of my big focus areas right now is using decision requirements models to frame predictive analytic projects. We are working with a few insurance companies as well as a couple of manufacturing companies to apply decision requirements modeling in their analytic requirements process and I am excited by the potential. I recently wrote an article for [...]

It’s clear when you analyze analytic capabilities that there are three main reasons people use analytics: A need to report on some aspect of the organization A need to monitor the organization’s behavior or performance A need for the organization to make data-driven decisions As part of my recently completed research on the analytic capability landscape, [...]

I have recently completed some research on the increasingly broad portfolio of analytic capabilities available today. These capabilities range from traditional Business Intelligence (BI) capabilities like reporting and ad-hoc query to modern visualization and data discovery capabilities as well as data mining and advanced analytics. These capabilities are often presented as part of a maturity curve, where [...]

I am giving a webinar with FICO on How Global Leaders are Achieving Success with Predictive Analytics in the Cloud, July 24th at 2pm Eastern. Analyst James Taylor answers the question: Are Companies Adopting Predictive Analytics in the Cloud? And, if so, how are they approaching it and overcoming obstacles to success? Mr. Taylor recently surveyed [...]

Alistair Rennie came up next to talking about how IBM is redefining the analytic experience. Some of this is “in the labs” and so may or may not show up in future products. From an experience point of view IBM sees some tension between the IT and business folks in an organization – the business [...]

Please describe your current role and title DecisionViz is a management consultant that helps companies build leadership in the processes, people, and culture around data visualization. We work with senior management to elevate visualization from the activity of reporting and making charts to being integrated with their daily decision-making. I founded the company in 2012. [...]

I am co-chair, with Fern Halper,of the TDWI Solution Summit: Beyond BI to Advanced Analytics for Business Advantage in San Diego, June 1-3. Business analytics has become an important new trend for companies that want to be competitive—and stay that way. While certain kinds of advanced analytics have been on the market for decades, adoption is [...]

Hurwitz & Associates will update their Victory Index on Advanced Analytics in 2014. This report will summarize key trends in advanced analytics, provide information on vendor offerings, and report on vendor strengths and weaknesses from an end user perspective. In order to help guide end users who are making a decision on selecting an advanced [...]

To wrap up the series I have been writing on standards in predictive analytics, here’s the report I have been working on. This report discusses each of the topics in the series – R, Hadoop and PMML – in more detail and pulls it all together in a single paper. You can get the Standards in Predictive [...]

First Look: Valen InsureRight

Valen Analytics has been around since 2004 and is focused on providing proprietary data, analytics and predictive modeling to the Property and Casualty market with 25 customers in production. To help carriers manage and segment their portfolios to drive underwriting profitability, Valen develops productized models based on pooled consortium data for carriers. Valen’s InsureRight platform [...]