decision analysis

Another analytic practitioner speaks – an interview with Tracy Altman

Last year I interested Andrea Scarso, CEO of MoneyFarm, about analytics. This was a hugely popular post so I thought I would continue the series this year by interviewing some other analytic practitioners. The first in this continuing series is an interview with Tracy Allison Altman, co-founder of Ugly Research. Ugly Research are developing PepperSlice, an analytics application for explaining recommendations to decision makers.  She’s on Twitter @EvidenceSoup, blogs at EvidenceSoup.com and you can read about her work at Ugly Research.

What’s your background, how did you come to be working in analytics?

I started out as an engineer, evaluating oil and gas investment decisions. This sparked my interest in data and analytical methods, so I got a Master’s (Computer Science concentration) and then a PhD in Pub

Expanded Partnership with Enterprise Modeling Specialists BCS

Earlier this week we announced our expanded partnership with BCS – Dr. Juergen Pitschke, specialists in standards-based enterprise modeling based in Dresden, Germany. BCS has also joined our new Decision Management Solutions Alliance Program. Alliance members support the recently published Decision Management Manifesto. BCS is certified to help clients with decision management adoption, decision modeling with our DecisionsFirst […]

New Collaborative Decision Modeling Offerings

Today we officially announced our DecisionsFirst Modeler decision modeling cloud-based application. DecisionsFirst Modeler delivers a new collaborative approach to decision modeling for enterprise architects, business owners, analytic professionals and business analysts. DecisionsFirst Modeler has already proven itself with clients and on Decision Management Solutions’ projects. Look for us at the upcoming Building Business Capability Conference in Las […]

Decision Management and Analytics 3.0

Syndicated from my blog on the International Institute for Analytics Site IIA is talking about analytics entering a new era, Analytics 3.0, The Era of Impact. What is Analytics 3.0? According to IIA, Analytics 3.0 marks the stage of maturity where leading organizations realize measurable business impact from the combination of traditional analytics and big data. High-performing companies […]

Presentation & Replay; How to Build Decision Management Systems Part Three Decision Analysis

In part three of our three part series on How to Build Decision Management Systems, Part Three Decision Analysis introduces a robust model of decisions to track and improve business performance. The webinar replay is available here and the presentation is attached below: How to Build Decision Management Systems Part 3 – Decision Analysis from Decision […]

Analytics and ending the tyranny of the anecdotal

I was chatting with our VP of business development today and she shared a great phrase that she had heard recently – “the tyranny of the anecdotal.” This refers, of course, to the terrible tendency of people to use anecdotes and stories to make decisions. The regrettable tendency for a doctor to ignore data about […]