Category Archives: Business Analytics

Building Business Capability on May 8-12, 2023

Posted on April 3, 2023 by decisionmanagementcommunity

Building Business Capability comes to Las Vegas, at the brand new Caesar’s Forum, on May 8–12, 2023. The conference enhances your ability to advance People, Product, Data, andKnowledge, to build your core leadership skills, to create a customer centric organization, … Continue reading →

Posted in Business Analytics, Business Processes, Business Rules, Events | Leave a comment

From “Decision Support” to “Reengineering Decision Making”

Posted on June 22, 2022 by decisionmanagementcommunity

In Nov-2020, Gartner published a report ‘The Future of Data and Analytics: Reengineering the Decision, 2025’. It stated, “Decision making is becoming more connected, more contextual and more continuous. The current state of decision making is unsustainable. We define reengineering … Continue reading →

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User-Facing Analytics

Posted on May 30, 2022 by decisionmanagementcommunity

There is an increasing need to unleash analytical capabilities directly to the end users to democratize decision making. This “User-Facing Analytics” is a new frontier that will shape the products of tomorrow and push the limits of existing technology. It … Continue reading →

Posted in Business Analytics, Data Science, Database, Digital Decisioning, Event-driven | Leave a comment

Businesses Require Better Goal Management

Posted on March 29, 2022 by decisionmanagementcommunity

Jim Sinur: “Better goal management requires a new level of transparency and communication capabilities than in the past and follows a consistent goal cycle. While there still will be the issue of variations by legal system and location, the adaptation … Continue reading →

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AI is not equal to ML

Posted on January 11, 2021 by decisionmanagementcommunity

Alain Chabrier from IBM Decision Optimization team in his Medium.com article argues that not only “AI != ML” pointing to the difference between Data-driven and Knowledge-driven decision models. He even claims that “Decision Optimization has more impact on the real … Continue reading →

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Decision-Driven Data Analytics

Posted on December 8, 2020 by decisionmanagementcommunity

“Data analysts often fail to produce insights for making effective business decisions, but that’s not their fault. Data-driven decision-making anchors on available data. This often leads decision makers to focus on the wrong question. Decision-driven data analytics starts from a proper … Continue reading →

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Common Misconceptions About Analytics

Posted on August 20, 2020 by decisionmanagementcommunity

In her Aug 14 post, Cassie Kozyrkov, the Head of Decision Intelligence at Google, analyzes three common misconceptions about analytics: Analytics is statistics. (No.) Analytics is data journalism / marketing / storytelling. (No.)  Analytics is decision-making. (No!) and then describes … Continue reading →

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Forrester’s Report “Digital Decisioning Platforms”

Posted on August 13, 2020 by decisionmanagementcommunity

Forrester just published a new report “Introducing AI-Powered, Human-Controlled Digital Decisioning Platforms“: Digital decisioning platforms (DDPs) allow application development and delivery (AD&D) pros to combine the best of human decision logic with the best of AI to implement application-embedded automated … Continue reading →

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Planning Analytics + Decision Optimization

Posted on March 9, 2020 by decisionmanagementcommunity

Alain Chabrier from IBM discusses how Planning Analytics and Decision Optimization can complement and benefit from each other and introduces some ways to start integrating them. Link

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Dichotomy between Machine Learning and Business Rules

Posted on December 2, 2019 by decisionmanagementcommunity

Prof. Hafedh Mili published an article “On the fallacy of the dichotomy between analytics/machine learning, and business rules“. The main points are: We have been there before Business rules rely on analytics If you need to explain your decisions to someone, you need business rules … Continue reading →

Posted in Artificial Intelligence, Business Analytics, Business Rules, Machine Learning | Leave a comment