IBM clearly realizes that people, process and technology all must go together to deliver value. This means that clients need both software and services and was the subject of this next session. Business Analytics and Optimization is a segment that crosses hardware, software and services at IBM. IBM is committed to growing this business from [...]
reporting
A number of customers participated in a panel of analytics success stories. Each one was interesting and powerful in its own right and each prompted a Decision Management suggestion for someone at that stage in developing and deploying analytics. Argos Risk is a web-based online subscription risk management service. Argos offers actionable risk insight for [...]
I recently got a briefing from Information Builders, an independent business intelligence (BI) and enterprise information integration/management (EIM) vendor founded in 1975. They sell their BI and EIM solutions separately, though they are increasingly selling these solutions together. They have 1,350 employees and 12,000 customer sites as well as a strong OEM portfolio. They find [...]
On June 7th, 10am Pacific/1pm Eastern I am giving a free webinar “From Business Intelligence to Predictive Analytics”. Companies are taking the next step from Business Intelligence to a truly intelligent business by integrating predictive analytics into their operations. Companies need to build on their investments in reporting, visualization and dashboards to move up the [...]
Nationwide Implements a Business Rules Solution to Improve Financial Processes Across the Enterprise
Three folks from Nationwide Insurance introduced their ILOG business rules implementation. Nationwide is one of the largest insurance and financial services companies with multiple brands offering products in property and casualty, mortgages, lines of credit, retirement plans and more. They are 124 on the Fortune 500, 16M policies and 32,000 staff. This project focused on [...]
Warning, long post follows – SAS has a lot of products and even this summary was a lot. A big session on the product portfolio – 2010 and 2011 highlights in some specific focus areas. New releases in 2010 included: Customer Link Analytics – released in Q1 this product focused on using links between customers [...]
I am attending the SAS analyst day this week – SAS Inside Intelligence. Jim Goodnight kicked off the SAS analyst event. Numbers look good for a tough economy – 5.2% worldwide growth in US Dollars or 6.7% without currency fluctuation. Latin America, Canada and Asia Pacific were all very strong but regions were good across [...]
I got an update from the folks at Ingres the other data to talk about Ingres VectorWise. Like many of the companies I have spoken to recently, Ingres is focused on how to provide an analytic infrastructure that handles the increasing volume and complexity of data so that analysis can be done on up to [...]
Talking about claims and using Decision Management to improve claims I recently caught up with Donald Light of Celent. Donald recently wrote a new report for Celent – Claims Systems Vendors, North American P/C Insurance 2011. This is the most recent update of the Celent study that evaluates vendors in the claims processing space. The [...]
Running smarter is the key theme of the BI 4/EIM4 launch (though the online event is apparently not running at all, let alone running smarter). The launch of the two together – Business Intelligence and Enterprise Information Management –is deliberate on SAP’s part. Information is power and being able to discover, integrate, cleanse and use [...]
Insurers face new and growing challenges as the market moves into recovery in 2011: more delivery channels, demographic shifts, a changing competitive landscape and a rapidly evolving regulatory and compliance environment. Many insurers are faced with meeting this challenges hampered by inflexible legacy applications, underutilized data from internal systems and external sources, and manual spreadsheets [...]
I was recently sent a copy of a Gleanster report. Gleanster for those who have not heard of it is a new company (founded by an old colleague of mine, Jeff Zabin, and others) that delivers free research. It is not clear what its business model, exactly, but for readers of the blog it represents [...]
As part of the build up to today’s tweet jam on advanced analytics, Jim Kobelius discussed some of the questions they are planning to use in a blog post – Advance your analytics strategy. There’s a lot of good stuff in the article but I do have to take issue with a few things. First, [...]
IBM and MIT/Sloan recently published “Analytics – the new path to value“. This study had a lot of interesting points and was very decision management centric in my mind. Some thoughts: The main challenges for companies adopting analytics were innovating to be deliver competitive differentiation and growing revenue. Reducing costs, gaining efficiencies and profitably retaining [...]
One of my favorite web analytics bloggers, Avinash Kaushik at Occam’s Razor had a great post recently – Rebel! Refuse Report Requests. Only Answer Business Questions, FTW. In this post he argues that web analytics professionals should refuse requests for reports like How much traffic is coming to our website? I want a conversion rate [...]
Syndicated from BeyeNetwork A friend sent me a link to a webinar on “The End of BI as We Know It” that promised “A fresh look at what business analytics means”. It wasn’t clear who was speaking or what company was sponsoring but the title intrigued me (as it was meant to). But when I [...]
Predixion Software launched their new product – Predixion Insight – this week and I got a pre-launch briefing. Founded in 2009 based in Southern California and Redmond (development team is ex-Microsoft and the chairman is ex-Datallegro), their focus is on self-service predictive analytics, delivered through the cloud and accessible via Excel. Information workers are the [...]
I got an update from Microsoft recently. We covered lots of different products in and around data/analytics – some public, some under NDA. Microsoft is making a serious investment in SQL Server as well as into SharePoint and Excel. BI tools, they say, are not getting to most people and Microsoft sees this as an [...]
Analytics means putting all your data, not just your web data, to work improving the way your web site works. It means using your historical data not for reporting but for predicting and driving new and more effective behavior across the company. It means putting all your data to work improving decision-making. This webinar will [...]
Syndicated from Smart Data Collective There’s a lot of talk about advanced analytics these days – the use of data mining and predictive analytics is growing rapidly so lots of articles, books (like Tom Davenport’s latest) and blog posts are being written. One of these was by Jeff Kelly over on TechTarget on Data analytics [...]
