Strategy

First Look: Angoss  KnowledgeSEEKER 9.0

Angoss has been selling analytic software, installed and increasingly hosted, for about 20 years. Angoss aims to satisfy advanced statisticians as well as business users with the skills and acumen to develop advanced analytics. Angoss  KnowledgeSEEKER 9.0 is the latest release of their flagship product.

Release 9.0 adds automated workflow to the existing decision tree capabilities (I reviewed release 8.5 here) and allows users to build, manage and reuse model development workflows. It uses a friendly visual representation and generates documentation of the same. In addition the new release improves variable selection (characteristic analysis, measures of predictive power), has a new Weight of Evidence optimizer and can generate SAS code for a node or the full workflow.

Workflow templates are supported, allowing teams to develop standard approaches. A complete workflow can also be applied to a new datas

First Look: Experian PowerCurve update

Experian’s PowerCurve platform was released in 2012 (I blogged about it here) and has been expanding and rolling out since then. It consists of a set of Data Management and Decision Management capabilities supporting a set of application across Originations, Customer Management and Debt Management. Fraud prevention and identity verification capabilities can be integrated with thePowerCurve platform Experian sells these solutions as well as the platform itself and components that can be used to develop custom solutions. All the solutions are available on-premise, as dedicated hosted solutions or in the cloud. PowerCurve now has over 60 customers worldwide, many with multiple projects, with a strong global pipeline.

Recent updates to the platform include:

  • PowerCurve Originations was released in July 2013 and their early adopter client is live. They also have so

First Look: FICO acquisition of InfoCentricity

FICO has recently acquired InfoCentricity, makers of two advanced analytics products – Xeno (for building predictive scorecards, reviewed here) and StrategyTrees (decision trees). InfoCentricity has about 40 clients (some with over 100 modelers, some smaller). Most of these companies are also FICO clients though not generally for analytic modeling tools. Clients use the tools in risk management, fraud detection and marketing particularly.  InfoCentricity say that more than 300,000 models have been developed and deployed. Both the InfoCentricity products are cloud-based and thin client. They offer strong support for all the usual advanced analytic tasks from data cleansin

Live Event: TDWI Solution Summit on Advanced Analytics

I am co-chair, with Fern Halper,of the TDWI Solution Summit: Beyond BI to Advanced Analytics for Business Advantage in San Diego, June 1-3.

Business analytics has become an important new trend for companies that want to be competitive—and stay that way. While certain kinds of advanced analytics have been on the market for decades, adoption is finally increasing for a number of reasons, including the economic climate, the availability of computing power, the growth in the amount and variety of data, and a greater appreciation for the power of analytics. Forward-looking companies are moving beyond BI—the slicing and dicing of data to produce reports and dashboards—to more advanced forms of analytics. These companies want to become more proactive to drive top- and bottom-line benefits. Among many use cases, they are using advan

Legacy Modernization and Decision Management: An Interview with Claye Greene

As part of our ongoing “Meet our Partners Series” I caught up with Claye Greene of TechBlue, a Decision Management Solutions partner. Claye and I are giving a webinar on Best Practices in Targeted Legacy Modernization in Government on March 5 (register here).

Please describe your current role and title and tell us a little about your company

I’m Claye Greene, Managing Director of TechBlue. TechBlue is a management consulting company.  Our primary focus is working with organizations to translate challenges into opportunities, and opportunities into sustainable value.
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Predictive Analytics in Software Part 4: Land and Expand

Most software products have multiple opportunities for using predictive analytics to enhance decision-making. Because the use of predictive analytics is new for many software companies, and because handling decisions explicitly is also new, care must be taken not to bite off too much at once. A land and expand strategy that begins with a localized […]

First Look: Experian Marketing Solutions

I got an update on Marketswitch Optimization as part of my series on marketing decision management solutions. Experian positions Marketswitch Optimization for the most advanced stage of decisioning– as clients move from profiling and segmenting their customers, to predictive scoring and business rules to optimization. They see some interesting numbers for improvement through this lifecycle […]

My work at the International Institute for Analytics

I am a faculty member for the International Institute for Analytics and recently published two new briefs on how to use decision requirements modeling in the successful application of analytics, especially (but not solely) more advanced analytics such as data mining or predictive analytics. Decision Discovery for a Major Business Function This outlines how an organization […]

What The Economist doesn’t know about the magic of customer service

The Economist’s Schumpeter had a nice piece this week on ‘The magic of good service – Companies hope that “chief customer officers” will provide better service. Yeah, right’. The cynicism is theirs not mine. That said, cynicism about Chief Customer Officers actually improving customer service may be well founded. As the article points out a 2012 study said […]

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