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First Look – USoft

February 14, 2012

USoft has been a vendor in the Decision Management space for a while. They started as Comtecno in 1986, become part of Unisys in 1995 then Ness Benelux in 1999 before returning to their current status as an independent Dutch software company in 2010 as USoft B.V. The software has had a much more consistent [...]

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Here’s how to learn more about Decision Management Systems Platform Technologies

February 13, 2012

We are closing in on the first release of our definitive report on platform technologies for Decision Management Systems. We expect to make the first version available early next week (once we have completed a few production steps). This will provide an overall architecture for these technologies, describe the core product categories (Business Rules Management Systems, [...]

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First Look – Zoot

February 9, 2012

Zoot was founded in 1990 and has been providing hosted decision management solutions since 1992. With a focus on financial services, Zoot’s clients include 3 of the top 5 U.S. banks and they work with clients of all sizes and across all lines of business.  Instant credit decisioning is one of their critical offerings, but [...]

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New webinar series for those in Europe (or on the East Coast)

February 8, 2012

Working with our European partners (BCS), Decision Management Solutions has scheduled a series of three webinars at 7am Pacific/10am Eastern/16:00CET. Designed to be  live events that work for those in Europe, this is a foundation series on three core topics – Decision Management, Business Rules and Predictive Analytics. There is no restriction on attendance – [...]

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First Look – Oracle Advanced Analytics

February 8, 2012

Oracle Advanced Analytics is a new Oracle database option (announced today) that bundles Oracle R Enterprise and Oracle Data Mining (reviewed previously). With this release, R becomes a first class native interface for the Oracle database along with SQL and the graphic interface that ships with Oracle Data Mining.  This allows analytic modeling code to [...]

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Rules Developer/Junior Developer position in Louisville, KY

February 7, 2012

Brooksource in Louisville, KY is searching for a Rules Management Developer for a Fortune 100 client in the healthcare industry. This position is within the Clinical Guidance group and they are seeking someone that has a development background and has experience working with the business side of the house.  This is a unique position that has [...]

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Dealing with the age old barrier to analytics – business understanding

February 7, 2012

Patrick over at Figurs sent out a newsletter that highlighted an article from 2010 Biggest Barriers to Business Analytics Adoption: People. The article highlighted the people and organizational issues in adopting business analytics and #1 was “Lack of understanding of how to use analytics to improve the business”. While it’s been a while since this was [...]

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A podcast about Decision Management Systems and a chance to win

February 7, 2012

Jim Harris of the OCDQ Blog (Obsessive-Compulsive Data Quality) interviewed me for his OCDQ radio show recently and the podcast is now live – check it out on his blog. In the interview Jim and I discuss the whys and wherefores of Decision Management, the four principles of Decision Management Systems and the three legged [...]

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Know any good free resources on predictive analytics?

February 6, 2012

I got a comment on one of my recent posts asking if I knew of any good free video resources on predictive analytics. While I have some videos up on the Decision Management Solutions YouTube Channel (youtube.com/user/DecisionManagement) I figured some of my readers must know of others. So, if you do, why not post a comment [...]

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Register for the first Decision Management Systems Platform Report webinar

February 3, 2012

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 Systems Technology Platforms comes to fruition [...]

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Some thoughts on Industrializing Analytics

January 31, 2012

Some time back I wrote a post called “It’s time to industrialize analytics“. In an ongoing twitter conversation (I am @jamet123) I referenced it and provoked some interesting responses that seem worth addressing in more than 140 characters. The conversation was between @JAdP, @deanabb, @merv, @ajbowles and myself and they are all worth following.
We spent some time [...]

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First Look – StatSoft STATISTICA

January 31, 2012

StatSoft was founded in 1984 and started building statistical software when it first became practical to deliver on the PC. STATISTICA is an enterprise predictive analytics platform on the Windows platform with role-based access, connections to the various data sources that companies have and support for data exploration through to deployment. The product has four [...]

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Some thoughts on decision terminology

January 30, 2012

An interesting thread over on LinkedIn got into a discussion of terminology and I thought I would share my opinion on this here:

Decision Management is an approach for supporting, automating, managing and improving decisions.

Decision Management Systems are systems that automate and manage repeatable decisions.
Decision Support Systems support people manage decisions, both repeatable and one-off.

To build [...]

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Here’s how a Decision Management System would manage review fraud

January 30, 2012

My eye was drawn to an article in the New York Time last week – For $2 a Star, an Online Retailer Gets 5-Star Product Reviews.  This article drew attention to the ongoing and growing problem of fake reviews. Like many of us I increasingly rely on reviews on sites like amazon.com or yelp.com to [...]

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First Look – Zementis Update

January 24, 2012

I spoke to Zementis back in June of 2011 and got an update on their Universal PMML Plug-in among other things. Since then they report growing client interest with a particular focus on real-time decision-making using real-time scoring in fraud detection for instance. They have also been updating their products. ADAPA, their analytic decision deployment [...]

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First Look – KNIME Analytics Workbench update

January 23, 2012

KNIME is an open source data analytics product based in Zurich, Switzerland that I last wrote about a couple of years ago. They have been working away on the product since then (having started development in 2004 and released their enterprise components in 2010) and have been refining their business plan at the same time. [...]

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New White Paper: Managing the Next Best Activity Decision

January 20, 2012

I have recently finished a new white paper on Managing the Next Best Activity Decision, sponsored by KXEN.
Every interaction with your customers is an opportunity to build your relationship. It could be a personalized marketing offer or proactive customer service. To make sure this interaction maximizes the value of your customer relationship, many organizations are developing [...]

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Here’s how focusing on decisions aligns analytics and business

January 17, 2012

In a recent article over on All Analytics – Analytics-Business Alignment Needs Work – Beth Schultz discussed a set of Gartner predictions written up by Doug Laney. In particular she highlights Gartner’s finding that companies
cited …aligning BI initiatives with corporate strategy and objectives nearly three times as often as they called out technology-related issues
This is [...]

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Check out my Information Management Column

January 17, 2012

I have recently begun writing a column for Information Management magazine and a new one just published. The magazine is now completely online at www.information-management.com/ and you can follow their twitter feed @infomgmt. Here are my columns so far:

Requirements for Advanced Analytics
How to use decision management techniques to effectively gather the requirements for data mining and predictive [...]

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First Look – Quiterian

January 10, 2012

Quiterian is a Spanish company with offices in the US, Mexico and Europe. Quiterian Analytics aims to be complementary to traditional tools for reporting by helping companies get more value from their data sooner. In particular they aim to help companies anticipate the future by providing simple to use predictive analytics and by empowering users while [...]

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