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Back in November I posted a humorous Thanksgiving guest decision model to LinkedIn. I just repeated the exercise with a decision model to help you assess a New Year’s Resolution. While these are just for fun, I thought it might be worth sharing how I built this one. Normally we like to work top-down talking [...]

One of the most persistent problems with decision modeling in my experience is the tendency of people to think of decision modeling as a one-time requirements effort. Many teams are convinced that building a decision model using the Decision Model and Notation (DMN) standard (white paper here) is going to help them with their business rules [...]

I got a briefing on SAS Factory Miner, to be officially released in July. SAS Factory Miner is designed to help organizations scale their analytic efforts, enabling them to solve more problems, faster, more accurately and without adding resources. SAS generally presents the analytic lifecycle with two main loops – a discovery one and a [...]

Next up at the Teradata Influencer event was a session on data lakes and related technology / approaches from the Think Big consulting team. Think Big sees a data lake as an approach to capturing, refining, storing and exploring any form of raw data at scale, enabled by low cost technologies and from which downstream [...]

Ron Bodkin of Think Big (founded in 2010 and acquired by Teradata in late 2014) came up next to talk about their consulting practice around hadoop and other big data infrastructure. They are now over 100 people (on shore and off shore) with a 100% focus on Big Data technology. They are run largely separately [...]

I last got briefed by Sparkling Logic back in August 2012 and I got an update on their new Kyoto release. The new release has a big focus on the user interface and on making the information in the system more accessible. First off SMARTS now immediately shows information about new features including links to [...]

I got an update from Convergys on their real-time decisioning engine recently. Convergys is a services company with 75,000 customer management employees across 69 contact centers around the world. They provide contact center outsourcing, technologies for customer contact centers and customer experience analytics. Convergys’ technologies are designed to support contact centers, covering IVR, campaign management, [...]

I got an update from Exigen Services recently on their OpenL Tablets business rules product. Exigen Services is a global IT company focused on core systems transformations and management consulting. They have 10 delivery centers around the world and about 1,500 professionals.  They work in most industries with a focus on insurance, financial services, pharma, [...]

As part of my ongoing series on Marketing Decision Management Solutions I got my first look at a new take on next best action systems the other day with the folks from Idio. Idio focuses on what they call “intelligent customer experiences through content.” They have what amounts to a real time decisioning platform focused [...]

It has been a while since I was updated on IBM SPSS Modeler and I got an update from IBM recently. IBM SPSS Modeler is, of course, IBM’s primary data mining and predictive analytics workbench. It uses a standard workflow metaphor, letting you string together nodes that process data, run algorithms, score data, etc. Both [...]

It’s been a while since I last got an update from IDIOM – several years since this update on IDIOM charging by the rule. To recap, IDIOM was founded back in 2001, has 12-15 FTE staff and is solidly based in New Zealand with largely NZ investors and about 80% of their revenue from Australia [...]

SAP NetWeaver Decision Service Management is designed to externalize decision-making logic from application code while still supporting deployment to an ABAP environment. Decision Service Management is installed on a central design system. This single system can support multiple deployment/integration systems – as long as they are connected to the central design system the data in [...]

I recently got an update from the team at Sparkling Logic. I first blogged about them back in 2011. As noted previously, the product is built on a collaborative, social platform in which people work on multiple projects. Different roles are supported, allowing everyone to have their own todos and for teams to share these [...]

I recently got an update on release 8 of IBM’s Operational Decision Management product (last reviewed here).With this release, the user experience and the user interface have been completely overhauled and the integration between rules and events has been improved. The look and feel is also increasingly shared with the BPM product and, to be [...]

Experian has recently renovated their decision management platform – now called PowerCurve™. Experian’s clients generally need to achieve one of four goals – increase revenue through market share growth; controlling risk to manage exposure and reduce losses; increased operational efficiency; or compliance. These goals obviously drive you to using Decision Management Systems and to use [...]

Sapiens has been around for over 25 years developing technology solutions around business rules and model-based development, specifically in financial services and insurance. Established in 1982 and NASDAQ traded, they have $100M in annual revenues post a couple of recent mergers. They have over 750 employees in US, Canada, UK, Japan, Australia, Belgium and Israel. [...]

Rapid-I provides open source software for predictive analytics, data mining and text mining. Incorporated in 2006, they are based in Dortmund Germany and have been working on RapidMiner since 2001. They have over 35,000 production deployments and more than 400 customers in 40 countries. Banking and financial services is their largest market followed by Pharma [...]

As you probably know by now, we have released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. This version of the report focuses on four key areas (outlined in the webinar we gave recently and available in our archive here). One of these [...]

We recently released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. This version of the report focuses on four key areas (outlined in the webinar we gave recently and available in our archive here). One of these areas is embedding predictive analytics. For [...]