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 […]
A decision requirements diagram (DRD), developed with with the Decision Model and Notation (DMN) standard, provides analytics projects with focus and direction, delivering value quickly without huge upfront costs or time investment.
The value proposition of predictive analytics is almost always to improve decision-making. Being explicit about the decision-making to be improved is an effective tool for framing analytic requirements. Download our new white paper, Framing Analytic Requirements, to how learn to achieve analytical, data-driven decisions with decision modeling and the Decision Model and Notation (DMN) standard. […]
Here are three excellent opportunities coming up in May to learn more about the value of predictive analytics and decision management. Putting Your Predictive Analytics to Work May 21, 2015, 11:00 AM EDT When it comes to getting the most from your analytics, your ROI is only as good as your implementation. With Dr. Tom Zougas, […]
The International Institute of Business Analysis (IIBA) has announced a public review of version 3 of the Business Analysis Body of Knowledge® (BABOK® Guide). This is an exciting release for the Decision Management community. Decision Modeling has been added as a technique using the Decision Model and Notation (DMN) standard. The Business Process Modeling perspective has a solid focus on […]
Manifeste de la Gestion de Décisions – the French Translation of The Decision Management Manifesto white paper is now available. Thank you to Emmanuel Bonnet, Directeur du Conseil, Génigraph, for providing the translation. The goal of the Decision Management Manifesto to help organizations like yours design, build and implement decision management systems with business rules and predictive analytics. […]