analytics

Survey closes this week – Predictive Analytics in the Cloud

This is the last week for our 2013 survey on Predictive Analytics in the Cloud – Use Cases, Trends and Big Data.  Please go right now and take the survey here – it’s quick , anonymous and you have a chance to win a $100 Amazon gift card. There’s been tremendous growth cloud and predictive analytics both […]

Predictive Analytics in Software Part 4: Land and Expand

Most software products have multiple opportunities for using predictive analytics to enhance decision-making. Because the use of predictive analytics is new for many software companies, and because handling decisions explicitly is also new, care must be taken not to bite off too much at once. A land and expand strategy that begins with a localized […]

Predictive Analytics in Software Part 3: Automation that Scales

For a software company it is also important that this automation scales appropriately. In particular any automated analytic model development tool you use should provide flexibility in deployment to match your own, manage any variability between your customers’ data models and be easy to deploy, focused on the “last mile” of analytic model development. For most […]

Predictive Analytics in Software Step 2: Focusing on Automation

Once you have identified decisions that could usefully be improved by predictive analytics you must develop predictive analytic models for each decision. Each decision is going to require a different predictive analytic model, perhaps several. Some predictive analytic models, such as predicting the future value of a customer for instance, may be useful in multiple […]

Predictive analytics and cloud technologies in the era of Big Data

We are excited to be kicking off a research project today on the potential of Big Data and Predictive Analytics in the Cloud – the Predictive Analytics in the Cloud 2013 Survey is now live.  This online survey gives business, IT and analytic professionals a chance to voice their opinion about the exciting intersection of predictive […]

Big Data and In-Database Analytics in the new platform technologies report

Since 2012 we have published a comprehensive report on the software technologies and products available to build Decision Management Systems – the Decision Management Systems Platform Technologies Report. Tested and established in many industries, these technologies include Business Rules Management Systems, data mining or Predictive Analytic Workbenches and Optimization suites as well as new in-database […]

Predictive Analytics in Software Step 1: Focusing on Decisions

To become predictive, to use predictive analytics to differentiate a software product, you need to identify the decisions that can be made more profitably, more accurately, more precisely or more reliably. Unless the predictive analytics embedded in your product improve some decision-making then they will offer no real value. At best such analytics will be […]

Some ways to learn about Analytics, Business Rules and Decision Management

Regular readers know that there is an events category on the blog that shows the upcoming opportunities to hear me speak, attend one of my webinars, or come to a workshop. These get tweeted  by me (@jamet123) but for various technical reasons don’t appear on the home page except as part of the calendar widget. […]

Embedding predictive analytics in your software product: A series

Everyone knows that enterprise software is an intensely competitive business. Today “Big Data” and “Analytics” are two of the hottest topics in organizations of any size and  as companies race to invest in this new space, product managers must find ways to respond. The functionality of enterprise software products must be extended to include new analytic […]

A Decision Model and Notation update – it’s submitted!

Well all our hard work has paid off and we submitted a proposed standard to the Object Management Group on Decision Model and Notation. This standard is intended to provide a standard business-friendly notation that can be used for initial decision requirements, for detailed decision models, and even to manage technical implementation of decisions in […]