decision support

Some common misconceptions on automating decisions

Regular readers of my blog (as well as those who hear me speak and our Decision Management clients) know that I talk alot about automating decisions. Really, a lot. The evidence that taking control of decisions, specifically operational decisions, and developing Decision Management Systems to automate and manage those decisions drives improved organizational effectiveness is […]

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 […]

Decision Management Systems Platform Technologies Report Update

We have updated our Decision Management Systems Platform Technologies Report with  four additional vendor products: Berkeley Publisher LityxIQ Medio InGenius SAP Predictive Analysis There are also First Look product review updates for: Angoss 8.0 FICO Blaze Advisor 7.1 SAP NetWeaver Decision Service Management Sparkling Logic The report now includes 50 vendors and 77 decision management […]

Decision Management #decisionmgt Buzz 10/8/2012

It was great to see the FICO Decision Management Awards announced on October 1, 2012. These rewards recognize outstanding use of predictive analytics and decision management technology. Congratulations to Fiserv, Interbank, President’s Choice Bank and Universal American. James was a member of the selection panel. In the Twittersphere, Brian McDonough ‏(@briantheanalyst) at #OOW12 tweeted “Oracle RTD sessions […]

From Decision Support Systems to Decision Management Systems

I am often asked about the difference between decision support systems and decision management systems. This is an interesting topic and one that is central to the value proposition of decision management systems so I thought I would revisit it. All decisions involve a choice, a selection of a course of action from a set […]