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Everyone knows that enterprise software is an intensely competitive business. Today “Big Data” and “Analytics” are two of the hottest topics in organizations of any size and  as companies race to invest in this new space, product managers must find ways to respond. The functionality of enterprise software products must be extended to include new analytic [...]

First Look: Yseop

I recently caught up with Yseop (“Easy-op”), artificial intelligence software designed to write the way a human would do helping turn analytics and other information into natural language. Yseop was founded in 2008 by a technologist and an angel investor but the product is based on over 20 years of research. Yseop is headquartered in [...]

Adaptive Planning was founded just over 10 years ago to deliver cloud financial planning solutions. They have about 1,600 customers across all industries in 80 countries with about 400 partners worldwide. Focused on management planning, reporting, consolidation and analysis they are increasingly in use beyond the finance organization, moving into sales and other operational areas. [...]

Next up is a session on the new infrastructure and platforms for analytics. IBM’s view (and I would agree) is that use cases for analytics are evolving to increasingly combine traditional structured data and newer unstructured, more dynamic, “Big Data” sources. As customers change the time frames in which they need to make decisions (more [...]

Bob Picciano and Les Rechan came up next to discuss Big Data and Analytics: Fueling Competitive Advantage in the New Era of Smart. Five years ago IBM launched the Smarter Planet initiative. On a smarter planet, they say, everything is connected and instrumented and this is reflected in the explosion of Big Data. To drive value [...]

I got an update from GDS Link on their Decision Intelligence product recently. This was developed initially as a consulting tool and is now available as a licensed product. The purpose of Decision Intelligence is to help customers anticipate business corrections before there is an impact on the business. Decision Intelligence provides scorecard monitoring or [...]

First Look: Decisions

I caught up with the wonderfully named Decisions recently. Back in the 90s the founders started OOP.com to separate what programmers did (build new components) from business users (who assembled and managed components) in complex decisions. This was sold to become the platform for a voice recognition product in the UK. In 2004 they started [...]

Les Rechan came up to discuss “realizing the value” with analytics for big data. Les reminds us that analytic organizations out perform others so its about using analytics not just data. Again he’s focused on time to insight (where I think the focus should  be time to action, not insight). Anyway he is focused on [...]

Tim Vincent, CTO of Information Management, came next to talk about DB2 with BLU Acceleration. He began by identifying several different kinds of workloads and scenarios that the new solution is designed to address and pointed out the context for this is rapidly changing hardware capabilities and pricing. Memory prices are falling,bandwidth inside machines is increasing, [...]

I am attending the IBM Big Data Management launch today and will do my best to blog it as it happens. Steve Mills, on video, kicked things off. Steve began by pointing out that the price performance boost of recent years has made a whole new class of use cases reasonable. In particular more data [...]

First Look: Aha! Update

I got an update from Aha! recently on their Aha! Analytics Platform. Aha! believes that organizations must embed and automate analytic disciplines at the operational level so that people running the business day to day can apply analytics. To deliver on this they have been expanding their analytic platform capabilities, supporting big data and more. [...]

Jim Davis kicked off the annual SAS analyst event. SAS sees their work on in-memory analytics in recent years as another major change in the way companies handle data and develop analytics, especially when combined with their work on taking advantage of this with their new visual analytics interfaces. This, he says, is going to [...]

Version 3 of our widely read report on Decision Management System platform technologies is now available. Many thousands of people have downloaded this report since we started publishing it – remember it is free to download and share. This release contains a large section on use cases, giving lots of examples of Decision Management Systems and [...]

First Look – Scorto Update

I last looked at Scorto back in 2010 (see this First Look). The firm continues to be focused on Decision Management and risk management solutions and now has 7 offices around the world focused on insurance and banking customers. In particular Scorto focuses on debt collection, customer acquisition, loan origination and risk management. The products [...]

As many of you know, Decision Management Solutions publishes a report on Decision Management Systems platform technologies. We have just released a new version with more vendor information, links to product reviews and great new content on best practices and key product characteristics. To recap: Decision Management Systems are agile, analytic and adaptive. They are [...]

I am giving the opening session for the Oracle Business Intelligence, Warehousing and Analytics SIG on August 15th at 11am ET/8am PT The data you have, the way you analyze it, and the way you act on this analysis drives better business outcomes.  James Taylor, CEO of Decision Management Solutions, Faculty Member at International Institute [...]

Neil Raden of Hired Brains recently published a new report – “BI is Dead! Long Live BI! Making the Transition From Data to Decisions“. Neil and I go back a ways – he and I wrote Smart Enough Systems: How to Deliver Competitive Advantage by Automating Hidden Decisions, the first book on Decision Management, back [...]

I recently completed and Teradata has just published a new case study- Beyond the Data Warehouse – Telenor Pakistan’s journey into Advanced Analytics. This was an interesting case study to write, covering multiple data-centric applications that went well beyond the basics of reporting and dashboards. Data and analytic insight are being used to route calls, make cross-sell [...]

The TIBCO Spotfire blog had a nice post – Tips to Get Your Organization Ready for Big Data – and it struck me that these tips were all good advice for someone trying to do “Big Decision Management” – that is Decision Management with Big Data. I would add a few comments though: Collaboration is [...]

Rapid Insight was founded 10 years ago to develop tools that were easier for analysts to use to quickly extract meaning from data. Rapid Insight has been focused in higher education until recently and is expanding into fund raising and other areas. Rapid Insight Analytics is a pure data mining or predictive analytic workbench designed [...]