Posted By: James Taylor | Posted On: 21st August 2014 |
Gregory over at KDNuggets had an interesting post with some Top Analytics and Big Data trends ahead of Strata Hadoop NYC Conference based on input from their readers. Three trends struck me: The challenge of communicating complex analyses to non-technical clients/partners We are having increasing success using logical decision models to show how data and analytics drive better […]
Posted By: James Taylor | Posted On: 14th August 2014 |
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 […]
Insurers of all sizes know they must adopt analytics, especially predictive analytics, to maximize the value of their customers, manage risk and compete effectively. One-off, ad-hoc approaches to analytics can demonstrate the value of analytics but are no basis for ongoing success. To succeed, Insurers need to industrialize their approach to analytics, making it integral to day-to-day operations.
In this session leading expert James Taylor will share the three keys to success based on his experience of helping insurers industrialize their analytic efforts and so u
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
What opportunities are you looking for to improve your business performance? In this webinar you will learn six opportunities that are readily available when you adopt a decision management approach to business rules and predictive analytics. These are opportunities to:
Simplify business processes and so reduce costs and increase business agility by externalizing decisions from them.
Increase straight through processing and so reduce costs by applying decision management technologies to automate decisions.
Increase the speed and accuracy of tactical and managerial decision-making through decision modeling and improved decision support systems.
Use analytics to eliminate “one size doesn’t really fi
Decision Modeling is a new Technique in v3 of the BABOK(r) Guide. It’s also become a key element of the Business Intelligence and Business Process Management Perspectives. In this session James Taylor will introduce Decision Modeling as a technique (following the new Decision Model and Notation standard), show how modeling decisions can improve business analysis and requirements specification, and discuss the role of decision modeling in business process, business rules, business intelligence and analytic projects.
The Decision Model and Notation (DMN) is a standard for decision modeling in the process of being adopted by the Object Management Group. It provides a graphical notation for specifying decisions so that decision making can be modeled separately from business processes. DMN allows both technical users and business users to describe, model and manage decision-making by providing a notation that is intuitive to business users yet able to represent complex decision making. The DMN specification also provides a mapping between the graphics of the notation to the underlying constructs of execution environments such as business rules management systems and predictive analy
Posted By: James Taylor | Posted On: 21st May 2014 |
Live Training as part of Brainstorm San Francisco
The Decision Model and Notation (DMN) is a standard for decision modeling in the process of being adopted by the Object Management Group. It provides a graphical notation for specifying decisions so that decision making can be modeled separately from business processes. DMN allows both technical users and business users to describe, model and manage decision-making by providing a notation that is intuitive to business users yet able to represent complex decision making. The DMN specification also provides a mapping between the graphics of the notation to the underlying constructs of execution environments such as business rules management systems and predictive analytic environments.
The primary goal of DMN is to provide a standard notation that is readily understandable by all business stakeholders. These business stakeholders include the business analysts wh
Posted By: James Taylor | Posted On: 20th May 2014 |
Some time back I participated in a large group of practitioners working on a new version of A Guide to the Business Analysis Body of Knowledge® . After months of consolidating feedback and updating this (vry thorough) document, the IIBA has announced a public review of version 3. As their own newsletter says:
You can review the entire document or focus only on your areas of expertise and provide your feedback to the international, volunteer Core Team. Be sure to forward this email to your colleagues and friends in the Business Analyst profession and encourage them to participate. The more people from more countries, industries and companies of all sizes who contribute, the stronger this version of the BABOK® Guide will be!
[IIBA has] implemented a new Feedback Collector that makes it easy to submit suggestions, propose edits and provide feedback. To learn how to us