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Category Archives: Business Analytics
Bringing Analytics to the Soccer Transfer Season
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
Context Rules The Modern World
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
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What a good modern data analyst has to master
Andriy Burkov, ML at Gartner and author of The Hundred-Page Machine Learning Book, shares what a good modern data analyst has to master:
Intelligent Automation?
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
eBay’s Platform is Powered by AI
“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
SBVR Specification for the Organ Donation Challenge
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
Decision Management: What It Is and Why You Need It
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:
Is Your Insurance Business Missing a Critical Decision Window When it Comes to AI?
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
Finding Optimal Locations of New Store using Decision Optimization
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
Statistical Methods with Domain-based Models
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
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