predictive analytics

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 […]

Global Big Data Conference: Don’t Apply Big Data Analytics To The Wrong Problem: Put Decisions First

I am speaking at the Global Big Data Conference in Santa Clara, CA in March on Don’t Apply Big Data Analytics To The Wrong Problem: Put Decisions First One of the biggest challenges for analytics Teams is effective communication with their business partners. Too many projects fail to connect problems in the business environment to […]

Decision Modeling and CRISP-DM for Modern Data Science Projects

Many data science projects use the popular and well established CRISP-DM methodology. However, CRISP-DM has limitations especially regarding business understanding and deployment. The decision modeling process and the graphical decision requirements diagram addresses these challenges. CRISP-DM Popular, but with Limitations Gregory Piatetsky of KDnuggets writes following the KDnuggets Data Mining Methodology Poll: “CRISP-DM remains the […]

Great New Case Study – Bringing Clarity to Data Science and Analytic Projects

We have been helping several organizations improve their analytic and data science projects. Like many users of analytics, these organizations find that their analytic teams often lack a clear understanding of the business problem, resulting in projects that lose their way or produce analytic  models that don’t get operationalized, deployed or used. We have helped […]

Predictive Analytics World 2017: The Role of Decision Modeling in Creating Data Science Excellence

Join me and Tina Owenmark of Cisco when we speak on The Role of Decision Modeling in Creating Data Science Excellence at Predictive Analytics World in San Francisco. Cisco’s Data Science Office focuses not just on data science, but also on shaping the questions and answers for Cisco’s operational groups. They focus not on technology or […]

Decision Modeling Brings Clarity to Analytics – New Podcast

The biggest challenge facing organizations adopting analytics is closing the gap between business value and analytics results. This is becoming increasingly serious as more organizations make investments in data mining, predictive analytics, data science, machine learning and all forms of analytics. Ensuring that these investments in analytics and analytic technology show a return means understanding how […]

Can Machine Learning Solve Your Business Problem?

One of my LinkedIn contacts recently pointed to this great little article on HBR – How to Tell If Machine Learning Can Solve Your Business Problem – and it makes some points that show the potential for decision modeling to help you better apply machine learning and other analytic techniques. The author begins by pointing out that automation is […]