Requirements

Framing Requirements for Predictive Analytics Projects with Decision Modeling

A big focus area right now for organizations looking to adopt or expand operational predictive analytics is using decision requirements models to frame requirements for their predictive analytic projects. We are working with a few insurance companies as well as a couple of manufacturing companies to apply decision requirements modeling in their analytic requirements process and I […]

Decision-Led Analytics

Are you looking for a new way to think about and adopt analytic capabilities, from traditional BI like reporting and ad-hoc query to visualization, data discovery and advanced analytics? With the growing focus on using analytics to improve decision-making, it makes sense to select analytic capabilities in a decision-led way. This means considering the decisions you are trying […]

Analytics Capability Landscape Research Report and Infographic

We have just published the Analytics Capability Landscape Research Report and Infographic. This new research report looks at the increasingly broad portfolio of analytic capabilities available to enterprises today asking the real question – what situations need which capabilities, who is the target user for these capabilities, and how can this portfolio of capabilities be […]

DecisionsFirst Modeler Enterprise Edition Announced Today

Today we are pleased to announce the release of the Enterprise Edition of our cloud-based decision modeling software, DecisionsFirst Modeler. The new Enterprise Edition delivers user-friendly, standards-based graphical decision models integrated with implementation and application development platforms such as business rules management systems (BRMS) and predictive analytic platforms, making it easier to manage and improve business decisions in […]

Presentation: Improve Your Process Models by Modeling Decisions

In case you missed it, the presentation from our recent IIBA webinar is now posted to slideshare. Improve your Process Models by Modeling Decisions from Decision Management Solutions Webinar recordings are available on the IIBA website. Description: Business analysts know that modeling business processes, rather than writing about them, defines them more accurately. Business process […]

Requirements for Enterprise Scale Analytics with R – Part 1

I recently did some research on the requirements for enterprise-scale analytics and the challenges of using open source R in this context. In this first post I wanted to outline some of the requirements I see for enterprise scale analytics and in a second post I will discuss the challenges of R in that context. As advanced […]

Decision Management and a business perspective on Big Data

Check out this article – Business leaders need Rs not Vs: The 5 Rs of Big Data. I met Merritt,the author, at the TDWI Solution Summit on Advanced Analytics this spring. In the post, and in his subsequent work, he makes some great points. I really like his 5Rs and think they illustrate the power of […]

Ugly Research: Data is easy, Deciding is hard

Tracy Allison Altman over at Ugly Research has a great new  white paper – Data is easy: Deciding is hard – in which she quotes me (thanks Tracy). It’s a great paper and makes what I think is the critical point – that you don’t need a data culture but a decision culture. And I would add that you need this at every level – strategic, tactical and operational. The paper has some great advice and I would add a couple of additional thoughts:

For decisions you make often – some tactical and all operational decisions for instance – build a decision model so you know how you think you are going to/should make the decision moving forward. Here at Decision Management Solutions we use the new Decision Model and Notation (DMN) Standard and our modeling

Live Tutorial: Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics

I am giving a tutorial on Decision Modeling with DMN: Extending BPMN to Decisions, Business Rules and Analytics at this year’s Building Business Capability conference in the afternoon of Sunday November 2.

Decision Modeling has recently been added to the Business Analyst Body of Knowledge® Guide v3 while a new standard, the Decision Model and Notation standard, has also been released. Decision modeling with DMN complements existing process modeling techniques such as those using BPMN, extending process models to fully incorporate business rules and analytics.

Although based on years of experience with business rules and analytics, decision modeling is new to many analysts. This workshop introduces this powerful technique so that business analysts, enterprise architects and all those involved with business rules or analytic projects can use it effectivel

A Q&A on the role of decision modeling in analytics

Jim Powell just published a Q&A with me on Using Decision Management to Maximize Analytics. We covered a bunch of things:

  1. What, exactly,is decision management and what does it have to do with advanced analytics?
  2. What’s the history of decision management – where did it come from and does it work?
  3. What kind of decisions are we talking about here?
  4. These are not the decisions people usually focus on with analytics so how can you identify suitable decisions?
  5. Why do you need a new way to describe the analytic requirements of these decisions?
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