Decision Management Solution Blog
Live Event: Predictively Enabling Your Organization (Boston)
I am speaking at a Predixion hosted event on Predictively Enabling Your Organization, 4-7pm on July 23 in Boston:
Predictive Analytics are something every organization wants – the potential pay-off is huge – but not every organization understands how to leverage them correctly. James Taylor, an analytics expert and author, will simplify it for you by sharing practical tips on how to leverage predictive analytics to improve results across your business.
This session will cover:
- The power of Predictive Analytics
- How to get started with Predictive Analytics
- How to scale Predictive Analytics across your organization
Plus there will be time to network over cocktails and appetizers.
Sign up here.
Cross-posted fr
Enterprise-Scale Agile Development with DecisionsFirst Modeler
The Agile Development movement is in search of a reliable mechanism for scaling successful agile projects into larger enterprise-wide implementations. A key challenge involves stitching together all applicable ‘stories’ into a logical big picture that can drive enterprise project management, architecture alignment, change management, impact analysis and operations. Current story-aggregation mechanisms like ‘epics’ or functional […]
Live Event: BPM Panel at Siemens Innovations for Healthcare IT
I am participating on a Business Process Management panel at the Siemens Innovations for Healthcare IT event in Tampa, August 10-13.
I will be joined by Sandy Kemsley among others and we will be discussing the role of Business Process Management and Decision Management in addressing healthcare challenges, where we see these technologies headed in Healthcare, what examples and best practices we see in other industries that are relevant and much more.
You can get more information on the event here.
Cross-posted from JTonEDM.
40% discount on my book thanks to IBM Press
IBM Press is 10 years old this month and to celebrate all books and eBooks are 40% off through the end of July! You can buy my book, Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics and get this discount. Just buy it here and use discount code <strong style="co
Decision Management Systems Past and Future: A video
A short video in which I discuss the past and future of Decision Management as part of celebrating IBM Press’ 10th year.
I published Decision Management Systems:A Practical Guide to Using Business Rules and Predictive Analytics with IBM Press at the end of 2011 and you can but it direct from IBM Press here or amazon.com here<img style="border: none !imp
Live Tutorial: Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics
I am giving a tutorial on Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics at this year’s Building Business Capability conference in the afternoon of Sunday November 2.
Decision Modeling has recently been added to the Business Analyst Body of Knowledge® Guide v3 while a new standard, the Decision Model and Notation standard, has also been released. Decision modeling with DMN complements existing process modeling techniques such as those using BPMN, extending process models to fully incorporate business rules and analytics.
Although based on years of experience with business rules and analytics, decision modeling is new to many analysts. This workshop introduces this powerful technique so that business analysts, enterprise architects and all those involved with business rules or analytic projects can use it effectivel
Great Hurwitz Report on Predictive Analytic tools
The Hurwitz Group just published their Victory Index for Predictive Analytics. This is a great report on the core predictive analytic vendors written by Marcia Kaufman and Daniel Kirsch. The report covers Angoss, IBM, Megaputer, Pegasystems, Predixion, RapidMiner, Revolution Analytics, SAS, SAP, StatSoft. The report aims to assess four things about each vendor:
- Vision – how good the company’s strategy for predictive analytics is
- Viability – how sustainable the company’s presence in the market is
- Validity – how customers perceive the technical benefits and capabilities of the company’s product
- Value – how much business value customers achieve with the company’s product
This assessment is based on vendor surveys, vendor s
Alteryx Inspire 14 Influencer Summit – Product General Session
My final session of the event is George Mathew’s General Session on the product and its roadmap. George recapped Alteryx’s laser focus on data analysts – who make up a big chunk of the audience here – and their focus on making the next best decision. It’s great to see the focus on decision-making not just on data and analysis.
George went on to talk about the typical project for a data analyst, often a solo effort with lots of pressure on time and resources. At the same time, he points out, analytics is increasingly differentiating winners. Bain, for instance, found only 4% of companies were really using analytics to drive their business but they were 2x as likely to be a top quartile performer, 3x more likely to act on their decisions and 5x more likely to make good decisions. To deliver the value of analytics in a timely fashion, he says,analysts need better tools – better than spreadsheets, better than web spreadsheets, better th
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