Decision Management Solution Blog
Predictive Analytics and Decision Management Video Interview #IBMIMPACT 2014
SiliconANGLE’s theCUBE broadcast from IBM Impact Conference in Las Vegaslast week. Helming theCUBE desk for IBM Impact were John Furrier and Paul Gillin and on Day 1 they interviewed me on how predictive analytics is stepping front & center in the business world. You can read the post here and the video is embedded below:
Cross-posted from JTonEDM.
Insurance Analytics Symposium 2014 – call for papers
I am on the advisory board of the Insurance Analytics Symposium, taking place in New Orleans this October 16 and 17. I spoke on Overcoming Barriers to Predictive Analytic Success – Before You Hit Them at last year’s and I am looking forward to this year’s also. If you have a story to tell about analytics in insurance, send us a proposal. W
New article on Moving to Real-Time Decisions
TDWI just published a new article of mine on Moving to Real-Time Decisions (it’s in a members-only newsletter so you will need to be registered to view).
When it comes to analytics, many organizations focus on using analytic insight to improve executive decision making. Yet there is often an even greater opportunity when using analytics to improve operational decision making. Operational decisions about a single customer or transaction are made by call centers, local staff, and automated systems. These decisions affect everything from fraud to customer satisfaction, from risk management to resource utilization. Although each decision has a localized impact, enterprises make so many of these decisions that the cumulative impact is enormous.
TDWI World Conference: Requirements Approach for Advanced Analytics with Decision Management
I am giving a class at the TDWI World Conference “Evolving Your Requirements Approach to Advanced Analytics with Decision Management” in Boston, July 20-25. This is a new class for TDWI that builds on my successful class at the University of California Irvine Extension program.
Big data makes it hard to scale human interpretation, forces faster and more precise decision making, and puts a premium on advanced analytics. Applying big data analytics requires a clear and direct focus on managing decision making, especially in operations. But most organizations lack an approach that lets them specify their requirements, and their ability to find opportunities for, and successfully use, advanced analytics is limited. This course lays out a framework to identify the op
TDWI Executive Summit: Moving to Real-Time Analytic Decision Making with Decision Management
I am speaking on Moving to Real-Time Analytic Decision Making with Decision Management at the TDWI Executive Summit in Boston, July 21-23
The right time to make decisions for organizations is increasingly real time. Customers want responses in real time; supply chains must adapt to disruption in real time; fraud must be caught before it gets into the system while self-service and Web applications can’t wait for human intervention. At the same time, organizations have discovered the value of analytic, data-driven decisions. The challenge is to reconcile these demands—to provide real-time, analytic decision making.
In this sess
Decision Camp 2014 Call for Speakers
The second annual Decision Camp, a conference on Decision Management best practices and technologies, will be held at the eBay/PayPal Campus in San Jose, October 13 – 15, 2014. This is a great event that is free to practitioners that got started last year with a very successful first event. The event will feature sessions for all levels – from beginners to advanced users – and the last day will be devoted to applications of Decision Management in Healthcare and Financial Services. There will also be some hands-on workshops using various Decision Management products as well as attendee-organized Birds of a Feather sessions. The call for speakers is now open and submissions are due by May 31, 2014.
You can get more information on Decision CAMP here and details o
Webinar: 3 Reasons why Decision Modeling with DMN Makes for Better Business Analysis
I am giving a webinar on “3 Reasons why Decision Modeling with DMN Makes for Better Business Analysis” May 28 at 9am Pacific, Noon Eastern.
Experience shows that there are three main reasons for defining decision requirements as part of an overall requirements process:
- Current requirements approaches don’t tackle the decision-making that is increasingly important in information systems.
- While important for all software development projects, decision requirements are especially important for projects adopting business rules and advanced analytic technologies.
- Decisions are a common language across business, IT and analytic organizations improving collaboration, increasing reuse, and easing implementation.
Building a decision model using the new Decision Model and Notation (DMN) makes for better business analysis and
The Mobile Enterprise: Driving the Need for Better Decisions #IBMIMPACT 2014
I just presented on The Mobile Enterprise: Driving the Need for Better Decisions & Smarter Processes.
Here are the slides:
The consumerization of technology in enterprises, increasingly mobile employees and the demands of m
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