Monthly Archives: February 2017

Thinking Differently About Thinking Different

Posted on February 28, 2017 by decisionmanagementcommunity

Ken Molay posted an article “Thinking Differently About Thinking Different” that starts as follows: “People love pointing to non-conformist geniuses to show the power unleashed when you break away from conventional norms and boldly follow your own vision: Picasso and his cubist painting. … Continue reading →

Posted in Misc, Trends | Leave a comment

What Exactly The Heck Are Prescriptive Analytics?

Posted on February 25, 2017 by decisionmanagementcommunity

On Feb. 20 Mike Gualtieri from Forrester wrote: “Prescriptive analytics is about using data and analytics to improve decisions and therefore the effectiveness of actions. Isn’t that what all analytics should be about? A hearty “yes” to that because, if analytics does not … Continue reading →

Posted in Business Analytics | Leave a comment

Turn business problems into machine learning algorithms

Posted on February 22, 2017 by decisionmanagementcommunity

“To solve any business problem, you must first start with a business question. Some vendors speak too much about “magic.” In their eyes, you combine data, machine learning and cognitive artificial intelligence, and you get magic. That may be true … Continue reading →

Posted in Business Analytics | Leave a comment

How does Magic Square select the correct image?

Posted on February 21, 2017 by decisionmanagementcommunity

The spring is around the corner and it’s time for fun. Play with this Magic Square and try to figure out the “business logic” behind its decisions.

Posted in Challenges, Misc | Leave a comment

Ron Ross: IT Departments Should be Evacuated

Posted on February 13, 2017 by decisionmanagementcommunity

Ron Ross just published a provocative post “IT Departments Should be Evacuated – Agree/Disagree?” In particular, he writes: “The days of traditional departmental IT staff having unfettered access to the financial assets of the corporate budget will end sooner than … Continue reading →

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Getting Real About AI in Insurance

Posted on February 11, 2017 by decisionmanagementcommunity

Sapiens gathered five of its leading subject matter experts for a quick Q&A to get real about artificial intelligence (AI) in the insurance industry. A quote: “Question. How insurers can prepare for a more “intelligent” future? Answer: The best way for … Continue reading →

Posted in Artificial Intelligence, Business Analytics | Leave a comment

A Short History of Machine Learning

Posted on February 5, 2017 by decisionmanagementcommunity

Forbes published “A Short History of Machine Learning“. Here is a quote: “We don’t have autonomous androids struggling with existential crises — yet — but we are getting ever closer to what people tend to call ‘Artificial Intelligence’” “Machine Learning … Continue reading →

Posted in Artificial Intelligence, Trends | 1 Comment

They are not doing “cognitive computing” no matter how many times they say they are

Posted on February 5, 2017 by decisionmanagementcommunity

Dr. Roger Schank published “The Fraudulent Claims Made by IBM About Watson and AI“.  Here are a few quotes: “I invented a field called Case Based Reasoning in the 80’s which was meant to enable computers to compare new situations to … Continue reading →

Posted in Artificial Intelligence, Trends | Leave a comment

Challenge Feb-2017: Determine Booking Fraud

Posted on February 1, 2017 by decisionmanagementcommunity

Our February’s Challenge deals with a relatively simple decision model that should determine potential fraud during an online product booking process. It’s based on an automatically calculated Fraud Rating Score. Read more here and submit your solution.

Posted in Challenges, Decision Models | Leave a comment