Category Archives: Business Analytics

Averaging Risk is Risking the Average

“Regulators must assess risk in many different areas. Banking has been top of mind in the past years, but industries like Pharma and Utilities also had a lot of attention. How a regulator decides to measure and asses risk is … Continue reading

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The Seven Deadly Sins of AI Predictions

On Oct. 6 Rodney Brooks published a paper with this title in the MIT Technology Review. He writes: “A lot of AI researchers and pundits imagine that the world is already digital, and that simply introducing new AI systems will immediately trickle … Continue reading

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Typical Example from Machine Learning Practice

“I was asked to help sell machine learning to a bank. They asked us to have a look at predicting failures of their payment system.  They had previous attempts with various technologies and various consulting companies, but they all failed.  … Continue reading

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Built for Change: Interview with Alan Trefler

Pegasystems has experienced tremendous success in recent years. The stock is up more than 100 percent in the past year, and it is tempting to think of the company as a start-up, perhaps run by a 20-something entrepreneur in the Bay … Continue reading

Posted in BPM, Business Analytics, Products, Rule Engines and BRMS, Trends | Leave a comment

Lying with Statistics

Lying with statistics has been a thing for a long time, but charts tend to spread far and wide these days. There’s a lot of them. Some don’t tell the truth. Maybe you glance at it and that’s it, but a … Continue reading

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Business Analysis on One Page

Kevin Brennan tried to present on one page “what the core of business analysis is”:

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A Practical Guide to Machine Learning

Rob Thomas and Jean-François Puget published “A Practical Guide to Machine Learning: Understand, Differentiate, and Apply“. Along with typical Machine Learning traps, it provides practical advises, e.g.: 1) “Move application development from programming to training: instead of writing new code, the … Continue reading

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