A big focus area right now for organizations looking to adopt or expand operational predictive analytics is using decision requirements models to frame requirements for their predictive analytic projects. We are working with a few insurance companies as well as a couple of manufacturing companies to apply decision requirements modeling in their analytic requirements process and I am excited by the potential.
I recently wrote an article for Predictive Analytic Times on this topic – Effective Framing of Predictive Analytic Projects (registration required) – and I am presenting on Decision Modeling for Predictive Analytic Projects with Professor Steve Knode of UMUC at the upcoming Predictive Analytics World (March 31, 2015 in San Francisco). The article and the presentation are great introductions to this exciting area. If you want more information, download our white paper on Decision Modeling with DMN or sign up for the free Basic version of DecisionsFirst Modeler, our decision modeling tool.
Cross-posted from www.jtonedm.com.