1st
July
2008
Posted by
James Taylor
I just finished reading The Best Service is No Service: How to Liberate Your Customers from Customer Service, Keep Them Happy, and Control Costs and I can’t recommend it too highly.
This is a tremendous book laying out a systematic approach for better customer service. Predicated on the idea that customers want your product to “just [...]
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posted by James Taylor in Customer Experience, Decision Management |
1st
July
2008
Posted by
James Taylor
One of the things I like to do on the blog is bring attention to those companies applying the principles of Enterprise Decision Management to deliver useful, smart enough systems. I recently came across Strategy DirectorTM from Stratagem Portfolio Services. This uses EDM to deliver analytics and strategy support for collections.
The product is built on [...]
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posted by James Taylor in Decision Management, Product News |
27th
June
2008
Posted by
James Taylor
Visual Numerics is a 100 person, privately held company that’s been around for a while - nearly 40 years - and yet is largely under the radar thanks to the size of other “analytics” companies. As the business world moves from BI to analytics it is sometimes finding that BI tools are really focused on [...]
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posted by James Taylor in Data Mining, Optimization, Predictive Analytics, Product News |
20th
June
2008
Posted by
James Taylor
Zementis has recently announced its ADAPA predictive analytics edition for the Amazon Elastic Compute Cloud. This essentially allows you to deploy PMML (Predictive Model Markup Language, an XML format for defining predictive analytic models) on the Amazon compute cloud. Based on their Enterprise Edition (which has PMML deployment, reporting and business rules (using Drools), this [...]
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posted by James Taylor in Decision Management, Predictive Analytics, Product News, SaaS |
20th
June
2008
Posted by
James Taylor
Just saw the announcement that Tibco is buying Insightful. Insightful has a range of data mining tools build on the open source R algorithms as well as some proprietary pieces. This means that Tibco now has a BPM environment, a rules/event processing one, Spotfire for visualization and data mining/predictive analytics development and deployment. In theory [...]
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posted by James Taylor in Business Intelligence, Business Process Management, Business Rules, Data Mining, Event Processing, Event-Driven Architecture, Predictive Analytics, Product News |
3rd
June
2008
Posted by
James Taylor
Tom Hudock had an interesting post - BI eclipsed by another technology - in which he linked to one of Neil’s great BI 2.0 articles. Tom argued that BI is being eclipsed by search-like interfaces and other more consumer-centric technologies. Like Tom I think that BI has come to mean, rightly or wrongly, reporting and [...]
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posted by James Taylor in Business Intelligence, Decision Management, Predictive Analytics |
21st
May
2008
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 |
5th
May
2008
Posted by
James Taylor
I spoke to Seth Grimes last week about an article he was writing that just published on Intelligent Enterprise -What BI Practitioners Can Learn From Operations Research. As I was reading the article I also noticed a response over on Michael Trick’s OR blog -Business Intelligence and Operations Research. Both Seth’s article and Michael’s response [...]
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posted by James Taylor in Business Intelligence, Data Mining, Decision Management, Optimization, Predictive Analytics |
29th
April
2008
Posted by
James Taylor
Time to listen to some analytic scientists with Larry Rosenberger (analytic Fellow) and Jeffrey Feinstein (Principal Scientist) of Fair Isaac talking about gaining insight by focusing on behavioral drivers. Larry went first and mentioned a presentation be gave at InterACT back in 2006. He had focused then on where ideas come from and talked [...]
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posted by James Taylor in Data Mining, Predictive Analytics |
29th
April
2008
Posted by
James Taylor
Interesting session on the Mortgage Crisis next, subtitled “Implications for a Global Economy”. Joe Breeden of Strategic Analytics and Daniel Melo of Fair Isaac. Joe started by saying that this is the 3rd time this has happened in the last 16 years. And, as before, it’s not just about mortgage and it’s not just about [...]
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posted by James Taylor in Compliance, Financial Services, Predictive Analytics |