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21st May 2008

Automating Decisions within Business Processes

James Taylor Posted by James Taylor

I can’t blog this session live as John Rymer and Mike Gualtieri have asked me to participate. What follows is a combination of thoughts based on the presentation and post-presentation notes.
The theme of the presentation is that “The next frontier in business process management (BPM) and business rules is automating decisions within business processes”. If [...]

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posted by James Taylor in Business Agility, Business Process Management, Business Rules, Data Mining, Decision Management, News, Predictive Analytics, SOA | 0 Comments

17th March 2008

SAS improves its support for EDM

James Taylor Posted by James Taylor

Some interesting news from SAS today that, to me at least, boosts their support of enterprise decision management or EDM. First they announced a specific product bundle from their work with Teradata - you can get details here. This integrates SAS Enterprise Miner, their predictive analytics/data mining workbench, with Teradata’s database allowing for models developed [...]

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posted by James Taylor in Business Intelligence, Data Mining, Predictive Analytics, Product News | 0 Comments

5th March 2008

Do you have specific decisions in mind when you invest in IT?

James Taylor Posted by James Taylor

Tom Davenport (author of Competing on Analytics) had a nice post today called Back to Decision-Making Basics in which he talked about some of the issues raised when one considers IT investments in the context of better decisions. He quoted an academic colleague who asked:
“these companies you work with have some specific decisions in mind [...]

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posted by James Taylor in Business Intelligence, Decision Management, Predictive Analytics | 0 Comments

18th October 2007

Better decision-making can boost your top line

James Taylor Posted by James Taylor

I saw this post by Keith Harrison-Broninski Some Processes Cost Money - Others Processes Make Money, in which he discusses the fact that companies have already squeezed lots of costs out of their systems and processes. He takes away from this the valid conclusion that not all processes are therefore good targets for high ROI [...]

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posted by James Taylor in Business Strategy, Decision Management, Decision Yield | 1 Comment

16th October 2007

Boosting shareholder value with decision management

James Taylor Posted by James Taylor

Dave Dixon wrote a nice post a little while ago - Why You Should Care About Shareholder Value - and I have been mulling writing a response. Dave works at Provisdom and has recently started a blog there (despite being a fairly new blog, he has already written some interesting posts so check it out [...]

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posted by James Taylor in Business Strategy, Decision Management, Decision Yield | 0 Comments