by James Taylor | May 1, 2019 | Business Intelligence, Business Re-Design, Decision Management, Decision Modeling, Digital Business, Insurance, Strategy
In February, we published a blog post on “Using Technology to Add Value in Insurance”. That post, referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question?, in which he states that there are only three levers of...
by James Taylor | Apr 2, 2019 | AI, Business Intelligence, Decision Management, Machine Learning, Predictive Analytics, Strategy
Many speakers on predictive analytics, machine learning (ML) and AI talk about the need to allow data science teams to fail. Without failure, without a willingness to fail sometimes, it’s very hard to build a successful data science program. This is true and often a...
by James Taylor | Dec 12, 2018 | AI, Decision Management, Decision Modeling, Predictive Analytics, Strategy
Bill Franks, Tom Davenport and Bob Morison of the International Institute for Analytics recently published their 2019 Analytics Predictions & Priorities. They had some great predictions and suggested priorities around the ethics of analytics, the value of data and...
by DMS Team | May 9, 2018 | Decision Automation, Decision Management, Digital Business, Strategy
Jim Sinur of Aragon Research just published The Decision Management Framework Delivers Better Decisions (subscription required): This research note defines the Decision Management Framework (DMF) so that business and IT leaders will be more equipped to make beneficial...
by James Taylor | Jan 25, 2018 | Business Rules, Decision Automation, Decision Management, Decision Modeling, DecisionsFirst Modeler, Digital Business, DMN, Insurance, Marketing, Predictive Analytics, Strategy
Happy New Year! 2017 saw strong growth in decision management and decision modeling with DMN, especially in claims, underwriting, marketing and origination. Customers increasingly are choosing Decision Management to integrate advanced analytics, business rules and AI...
by Meri Gruber | Jun 13, 2017 | Business Rules, Case Studies, Decision Management, Decision Modeling, Predictive Analytics, Strategy
Digital business provides new revenue and value-creating opportunities, helping organizations to: Improve customer engagement and retention with next best action marketing. Process more claims faster and more accurately. Reduce the cost and difficulty of regulatory...
