Predictive Analytics

Build Smart Processes with Analytics via Decisions

Build Smarter Processes with Analytics via Decisions

Now that organizations have automated most routine processing using some programming logic and some basic rules, the next competitive frontier is making these processes adapt dynamically to changing conditions and unforeseen situations – and learning from each such situation. Processes with such sophisticated dynamic behavior are smart processes. Decisions inject Analytics smartness into Processes, making […]

DecisionCamp 2017 Recap: DMN and Analytics

I was pleased to be able to both attend and present at DecisionCamp 2017 in London on refinements to DMN and decision modeling for analytics. I want to thank my fellow members of the organizing committee and I would like to recognize the efforts of the conference Chair, Dr. Jacob Feldman, for making this important […]

3 Critical Elements Webinar

3 Critical Elements of a Digital Business Platform: BRMS, Predictive Analytics and Decision Modeling

The webinar has taken place. The presentation and recording are available here. Successful digital programs extend their Digital Business Platforms with 3 critical elements: decision modeling, predictive analytics and business rules management (BRMS). Coordinating these technologies into a virtual decision hub, Decision Management automates and improves every digital interaction and delivers agile, data-driven, real-time outcomes. […]

Decision Management Solutions Named 2017 Hot Vendor for Digital Business Platforms

Silicon Valley research firm cites Decision Management Solutions as a visual and business-friendly extension to digital business platforms Palo Alto, CA – June 22, 2017 Leading Decision Management consulting and decision modeling software provider, Decision Management Solutions, today announced that the company has been named a 2017 Hot Vendor in Digital Business Platforms by Aragon […]

Power Digital Business with Decisions, Business Rules and Predictive Analytics

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 compliance. and more. Next Best Action Digitizing, personalizing and improving customer interactions is critical to business growth, customer retention and […]

Predictive Analytics World SF 2017 – Analytics Blocking and Tackling

Along with the many topics at Predictive Analytics World SF this week representing the leading edge of analytic sophistication, there were also presenters speaking to the blocking and tackling necessary to nurture analytic thinking and scale adoption within their organization. Since many organizations are facing these same analytic adoption and scale problems, I’d like to highlight […]

Update to the Decision Management Systems Platform Technologies Report

The Decision Management Systems Platform Technologies Report began in early 2012 as a way to share our research and experience in building Decision Management Systems. Since then we have extended, updated and revised the report many times. This week we released the latest version – Version 8 – with a new, easier to use format. There is […]

Harness Data-Driven Decisions with Decision Management

Get out of the reporting quagmire, be explicit about decision making with decision modeling and integrate analytics in BI and operational systems. We’re Not There Yet “The activities of analytics teams and the investments made to support them aren’t in sync with what executives expect or desire.” International Institute for Analytics, February 2017 “If analytics does […]

From BI to Predictive Analytics with Decision Centric Dashboards

Many organizations are keen to improve data-driven decision making with predictive analytics but they are trapped by operational demands for traditional BI reporting and dashboards. They are asking how do they get “there” – better data-driven decisions – from “here” – traditional BI reporting and dashboards. This challenge is readily addressed with decision modeling and modern […]

Great Examples of Integrating BI and Data Science

We talk a lot about the power of predictive analytics*. Data-driven decision making is the goal, but to get there, organizations need to learn how to extract actionable information from their data. We also talk a lot about how this is different from traditional business intelligence (BI), where the focus is on historical reporting. But […]

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