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decision management

Register for the first Decision Management Systems Platform Report Webinar

February 3, 2012 by James Taylor
with 21 views
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The first webinar from my ongoing research into Decision Management Systems Platforms is coming up on February 16th at 10am PT – register here  for Four platform capabilities for Decision Management Systems. This webinar kicks off what will be a continuing series of webinars as our definitive report on Decision Management... [read more]

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Take the Predictive Analytics in the Cloud survey

September 20, 2011 by James Taylor
with 99 views
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"Decision Management Solutions, the company of which I am CEO, is running a study on Predictive Analytics in the Cloud with the folks here at SmartData Collective. Both Predictive Analytics and Cloud are hot topics and the intersection has tremendous potential....To find out what you think we have opened a survey and you can take it right now here on SmartData Collective..." [read more]

Data Visualization: Accelerating the Decision Management Process

February 7, 2011 by Brett Stupakevich
with 560 views
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International Data Corporation (IDC) recently released a new study – Worldwide Decision Management Software 2010-2014: A Fast-Growing Opportunity to Drive the Intelligent Economy, which emphasizes a systematic approach to the process of decision making across the organization. The study press release gives three reasons for increasing... [read more]

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Right Time Business Optimization

October 28, 2010 by James Taylor
with 1,538 views
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Mike Ferguson presented on Right Time Business Optimization using on-demand and event-driven analytics at the Teradata Partners conference. Business optimization, Mike says, is about continuously knowing what is the best action to take and when to take it in every business process to dynamically keep a business running optimally... [read more]

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The three legged stool - business, analytics, IT

October 25, 2010 by James Taylor
with 2,020 views
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I was inspired to write something this week on the need to get people to collaborate by a post Jim Harris wrote called The Business versus IT—Tear down this wall! and the response Gary Cokins made in That Wall Dividing IT and Users. Both Jim and Gary make the point that collaboration between business and IT organizations and people is... [read more]

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Analytics and the myth of the aha moment

September 23, 2010 by James Taylor
with 1,937 views
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I often hear people talk about analytics, especially advanced analytics like data mining or predictive analytic modeling, as though the value comes from "aha moments". Sudden moments of clarity, defining moments, where the analytics deliver some piece of dramatic insight that enables a company to see some fantastic new market... [read more]

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It's time to industrialize analytics

August 19, 2010 by James Taylor
with 3,086 views
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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 team’s needs and, while I agree with some of what was... [read more]

Yesterday's DM Radio broadcast on data federation

June 18, 2010 by Rick Sherman
with 378 views
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I enjoyed appearing on the The DM Radio session yesterday The Extended Enterprise: Federated Data Models hosted by Eric Kavanagh and Jim Ericson, editorial director of Information Management. The guests, besides me, were Bob Eve, Composite Software; Bradley Wright, Progress DataDirect; Diby Malakar, Informatica; and Jeff Stutz, Denodo... [read more]

Smart meters need smart systems, not a better user interface

May 19, 2010 by James Taylor
with 280 views
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Copyright © 2010 http://jtonedm.com James Taylor This article on CNET caught my eye this morning: Study: Smart meters need better user interface. I am always interested in smart meter stories as it has always struck me that this is a powerful way to reduce energy usage with all the long term benefits for consumers and producers... [read more]

Flexible yet permanent – the power of business rules

May 18, 2010 by James Taylor
with 837 views
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Copyright © 2010 http://jtonedm.com James Taylor Syndicated from ebizQ Sapphire, SAP’s big show, is on this week and I have been following the twitter stream (I was invited but couldn’t make it). Merv Adrian (@merv) had a sequence of posts about some SAP customers (Shell and Unilever) that really struck me: Shell … “Once you... [read more]

Winning the first game in a baseball series: a harbinger, or not?

May 17, 2010 by David Smith
with 211 views
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For those not familiar with the major-league baseball in the US (and despite living here for more than 10 years, I still include myself in that category), the games usually played in series: team A visits the home of team B, and the two teams play two or more games against each other on successive days. It's common wisdom that if team A... [read more]

Decision engines in financial services

April 26, 2010 by James Taylor
with 358 views
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This is a piece I wrote for Chris Pratt’s quarterly financial institutions newsletter The use of technology to automate and manage decisions, especially high volume decisions essential to day-to-day operational execution, is expanding rapidly. Beginning with the consumer credit business, use of decision engines and decision management... [read more]

Getting the other 90% of analytic adoption to happen

April 23, 2010 by James Taylor
with 973 views
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  Analytics is a hot topic these days, with more and more companies adopting analytics to improve their competitiveness, target customers more effectively, detect more fraud and much more. Increasingly those adopting analytics think about data mining and predictive analytics not just reporting and dashboards. The kind of analytics... [read more]

Silverlink update

April 21, 2010 by James Taylor
with 183 views
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I did some work with Silverlink some time ago and was really impressed by their use of decision management to improve the communication of health plans and others in the healthcare space with members and patients. I got a chance to catch up with them recently to discuss progress and their use of adaptive control – also known as... [read more]

The power of business analytics

March 17, 2010 by James Taylor
with 656 views
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  I recently presented at IBM's CIO Leadership Exchange on the power of business analytics. With 300+ of IBM's top CIO customers this was a great event and it is clear that CIOs the world over are keen to adopt business analytics. They recognize, I believe, that they are the custodians of all this data and that business analytics... [read more]

Scorecards in PMML: A Primer

February 22, 2010 by Michael Zeller
with 343 views
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Scorecards are extremely popular, since they provide a clear and effective to way to predict outcome for a variety of situations. By clear I mean that the logic behind the scores obtained via a scorecard can be easily understood and appreciated. Scorecards are effective for situations in which you want to predict the probability of... [read more]