predictive analytics

A client’s perspective: three keys to our decision management approach

Recently one of our top Global 500 clients summarized the value of our Decision Management approach to building a digital business platform. It is such a good summary I decided to share it here on our blog. In their words, our Decision Management approach is: Systematic We have a repeatable, documented, comprehensive, end-to-end approach that […]

DMN had a great year and looking forward to 2018

Happy New Year! 2017 saw strong growth in decision management and decision modeling with DMN, especially in claims, underwriting, marketing and origination. Customers increasingly are choosing Decision Management to integrate advanced analytics, business rules and AI into their operational systems, and deliver consistent decisions across multiple applications and channels. There were also notable changes in how customers […]

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 […]

Focus Data Projects on Improving Decisions

Focus Data Projects on Improving Decisions

Many organizations today are investing heavily in data projects to improve data-driven decision making. But paradoxically most of these projects don’t consider decisions explicitly.  Data projects usually begin with data capture before understanding what data will be useful, for what action and for what benefit.  Without understanding the decision making that will improve business performance and […]

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 […]

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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