Effective Use of Data and Analytics Can Increase Profits

In the November/December issue of Non-Prime Times, the National Auto Finance Association’s official publication, FICO’s Ken Kertz describes six strategies that auto lenders can use to win more business: Frequent model assessments – Health checks help determine the effectiveness and...

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Energizing the future with analytics – Insights from INFORMS 2010

The final sessions wrapped up on Wednesday for INFORMS 2010 Annual Meeting in Austin, and it was great to see all of the innovative ways that optimization and operations research techniques are being applied to solve problems that range from...

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CEP a Predictive Modeling facility? Myth!

-- Posted by Carole-Ann Despite my efforts to simplify the Decision Management picture, especially as it relates to CEP, BRMS and BPM, it seems that the CEP buzzword turned into an omnipotent ruler of the Decision Management world, at least...

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Predictive Analytics are hot!

-- Posted by Carole-Ann We just hosted an introductory webinar on Predictive Analytics and I was amazed at the turn out. BRMS practitioners are now getting interested in mass... They are engaging with FICO into education, discussions, etc. Why? I...

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Live from InterACT - Bernhard Nann's Keynote

(Posted by guest blogger, James Taylor) Back to this blog for a session on Fair Isaac's product road map presented by Bernhard Nann, Fair Isaac's CTO. Fair Isaac is in the middle of a major evolution in their decision management...

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Enterprise Decision Management and the future of application development

(Posed by guest blogger, James Taylor) I read an interesting paper by Joseph Feiman of Gartner today - Prepare for a Paradigm Shift to Automated Application Development. This is described as "maverick" research but I thought it was pretty compelling....

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Call for Presentations - the new EDM Summit

How are you integrating business rules and analytics? How are you adding intelligence to your business processes? How are you putting analytics to work in your operational systems? How, in other words, are you using Enterprise Decision Management (EDM) to...

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Adaptive Business Applications with EDM

(Posed by guest blogger, James Taylor) I have been thinking about adaptive applications recently and about what makes an application adaptive (see my twitter stream for instance). This seems like an important topic as people throw "business agility" and "agile...

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Some thoughts on BI and analytics in retail banking

(Posted by guest blogger, James Taylor) Late last year the folks at Datamonitor published Business Intelligence in Retail Banking (Review Report). I finally got to read it today and it is, overall, a very interesting paper and I recommend it...

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Making it actionable with EDM

(Posted by guest blogger, James Taylor) The Performance Guys had a post today titled "But is it "Actionable?" in which they discuss the general trend towards what is called "pervasive Business Intelligence" - that is, BI everywhere and for everyone....

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