Category Archives: Business Analytics

How to Optimally Allocate “Bribe” Money

Tallys Yunes published an Excel-based optimization model that calculates the likelihood that certain agents will perform a given action that benefits you. Link Below are a few examples:

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How to use traditional scorecards and AI together

Which works better for modeling credit risk: traditional scorecards or artificial intelligence and machine learning? Given the excitement around AI today, this question is inevitable. The fact is that traditional scorecard methods and AI bring different advantages to credit risk … Continue reading

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Intelligent Agent Cocoon in Forrester’s 2018 Predictions

Forrester’s 2018 Predictions examine 13 market dynamics that will have the greatest impact on your business this year and beyond.  “Customer experience (CX) became the centerpiece of business strategy. In 2017 CX quality plateaued. In 2018, 30% of companies will see further … Continue reading

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Custom R charts coming to Excel

This week at the BUILD conference, Microsoft announced that Power BI custom visuals will soon be available as charts with Excel. You’ll be able to choose a range of data within an Excel workbook, and pass those data to one of the … Continue reading

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It’s time to trade rule technology for state of the art AI?

Five years ago Paul Haley expressed his frustrations with production rule technology (to which he was one of the major contributors) because of its inability to perform deduction. He wrote that rule vendors should stop “dressing up a procedural  language!” … Continue reading

Posted in Artificial Intelligence, Business Analytics, Rule Engines and BRMS, Semantic Web, Trends | 1 Comment

INFORMS Business Analytics Conference, Baltimore Apr 15-17

INFORMS Analytics Conference 2018 will be held on April 15-17 in Baltimore, MD.  It brings together 1,000 leading analytics professionals and industry experts who will hear over 150 talks and perspectives on topics such as Real Time Decision Systems, Managing … Continue reading

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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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