Category Archives: Business Analytics

Bringing Analytics to the Soccer Transfer Season

Posted on June 18, 2019 by decisionmanagementcommunity

SAS posted an article that shares how they applied analytics to optimize players movements between clubs during the soccer transfer season. Every team needs to answer the ultimate question: “How should we allocate our transfer budget to maximize the benefit … Continue reading →

Posted in Business Analytics, Decision Optimization | Leave a comment

Context Rules The Modern World

Posted on June 9, 2019 by decisionmanagementcommunity

John Hagel published the article “Navigating from the Industrial Age to the Contextual Age“:  “Context is becoming more and more central to value creation. If we don’t pay attention to the circumstances surrounding a person or an event, we’re unlikely … Continue reading →

Posted in Business Analytics, Customer service | Leave a comment

What a good modern data analyst has to master

Posted on May 16, 2019 by decisionmanagementcommunity

Andriy Burkov, ML at Gartner and author of The Hundred-Page Machine Learning Book, shares what a good modern data analyst has to master:

Posted in Business Analytics, Data Science, Machine Learning | Leave a comment

Intelligent Automation?

Posted on April 9, 2019 by decisionmanagementcommunity

An interesting discussion about Intelligent Automation has taken place at BPM.com. Just one quote: “I still find it difficult to put intelligent and automation together in one sentence without cringing. Even the most advanced commonly used RPA tools are, when … Continue reading →

Posted in Artificial Intelligence, Business Analytics, Business Processes | Leave a comment

eBay’s Platform is Powered by AI

Posted on March 14, 2019 by decisionmanagementcommunity

“Artificial intelligence touches every experience within eBay. It is woven into all aspects of the eBay marketplace, anticipating the needs and wants of buyers and sellers, inspiring shoppers on the hunt for something special, empowering entrepreneurs looking to grow their … Continue reading →

Posted in Artificial Intelligence, Business Analytics, Human-Machine Interaction | Leave a comment

SBVR Specification for the Organ Donation Challenge

Posted on March 8, 2019 by decisionmanagementcommunity

Ron Ross submitted Rule Specification for the Organ Donation Challenge that is based on SBVR/RuleSpeak. “The first and foremost concern is the exact business semantics of the problem. The rule specifications presented below address that fundamentally important objective. The RuleSpeak/SBVR … Continue reading →

Posted in Business Analytics, Business Rules, Challenges, Decision Modeling, Human-Machine Interaction, Innovation, Uncategorized | Leave a comment

Decision Management: What It Is and Why You Need It

Posted on February 20, 2019 by decisionmanagementcommunity

Today Roy Schulte from Gartner ran the webinar “Decision Management: What It Is and Why You Need It” describing the state of the art in decision management and offering guidance on how to get started. Here are a few slides:

Posted in Business Analytics, Business Processes, Decision Modeling, Decision Models, DMN, Products | 1 Comment

Is Your Insurance Business Missing a Critical Decision Window When it Comes to AI?

Posted on February 12, 2019 by decisionmanagementcommunity

Yesterday Craig Bedell from IBM’s Global Insurance Industry Leadership Team wrote: “I believe most insurance companies have hit a critical point in time with regards to their investments in analytics, innovation and even AI, where business leaders are measuring more … Continue reading →

Posted in Business Analytics, Business Processes, Decision Modeling, Insurance Industry, Machine Learning | Leave a comment

Finding Optimal Locations of New Store using Decision Optimization

Posted on February 6, 2019 by decisionmanagementcommunity

Vincent Beraudier, IBM, in his notebook describes how to model and solve the following business problem: “A fictional Coffee Company plans to open N shops in the near future and needs to determine where they should be located knowing that … Continue reading →

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Statistical Methods with Domain-based Models

Posted on January 20, 2019 by decisionmanagementcommunity

This WSJ article gives examples when ML-based solutions have been enhanced by the inclusion of pre-defined domain-specific models. “Machine learning is a statistical modeling technique, which finds and correlates patterns between inputs and outputs without necessarily capturing their cause-and-effect relationships. … Continue reading →

Posted in Business Analytics, Explanations, Machine Learning | Leave a comment