Category Archives: Business Analytics

Nuts and Bolts of Deep Learning

Posted on December 16, 2016 by decisionmanagementcommunity

Deep Learning has been the core topic in the Machine Learning community the last couple of years. You may read “The major advancements in Deep Learning in 2016” to go through the advancements contributed the most (or have the potential) … Continue reading →

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

Predictions always contain errors!

Posted on October 28, 2016 by decisionmanagementcommunity

We are all well aware of the predictive analytical capabilities, however, it remains important to stress that the outcome of a prediction model will always contain an error. Decision makers need to know how big that error is.  “Now that … Continue reading →

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What does Leo Tolstoy’s War and Peace have to do with Decision Analytics?

Posted on September 15, 2016 by decisionmanagementcommunity

“While Leo Tolstoy’s War and Peace is a critically acclaimed story of life, love, and loss, for even the most avid bookworms the thought of reading this lengthy tome from start to finish is more of a millstone than a milestone. Indeed, … Continue reading →

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Business Processes Are Learning to Hack Themselves

Posted on August 16, 2016 by decisionmanagementcommunity

Automated process change comes in three main flavors: self-adapting, self-repairing, or a combination of the two. Some organizations are already deploying elements of process change automation using machine learning, while others are developing technologies that lay the foundation for it. … Continue reading →

Posted in BPM, Business Analytics | Leave a comment

Explanations for Human-Aware Artificial Intelligence

Posted on August 15, 2016 by decisionmanagementcommunity

Prof. Eugene Freuder will present position papers “Explanations for Human-Aware Constraint Programming (CP)” and “CP and AI” at CP 2016 on Sep 5-9 at Toulouse, France. “A key aspect of human-awareness is the ability of our machines to explain their behavior and … Continue reading →

Posted in Business Analytics, Decision Optimization, Events, Explanations, Trends | 1 Comment

Addressing Bottlenecks with Theory of Constraints

Posted on July 26, 2016 by decisionmanagementcommunity

This presentation describes how to improve organizational performance using The Theory of Constraints created by late Dr. Eli Goldratt and explained in his book, The Goal.  The thought behind Theory of Constraints is that in every organizational system, there is one … Continue reading →

Posted in BPM, Business Analytics, Decision Making, Decision Optimization, Most Influential | Leave a comment

Move Application Development From Programming to Training

Posted on July 25, 2016 by decisionmanagementcommunity

Rob Thomas and Jean-Francois Puget published an interesting article “A Practical Guide to Machine Learning: Understand, Differentiate, and Apply“. In particular,  they write: “Machine Learning  moves application development from programming to training: instead of writing new code, the application developer trains the … Continue reading →

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Managing Structured and Unstructured (Tacit) Knowledge

Posted on July 14, 2016 by decisionmanagementcommunity

Ron Ross today tweeted a quote from a very interesting Harvard Business Review’s paper Managing your Mission-Critical Knowledge: “Speeding up codification will increase the value of knowledge. But making the tacit explicit can also be dangerous. The more codified the knowledge … Continue reading →

Posted in Business Analytics, Trends | 1 Comment

Six Steps For Fast, Precise Decision-Making

Posted on July 13, 2016 by decisionmanagementcommunity

Roy Schulte from Gartner in this Forbes article talks about real-time analytics that “enable faster, more precise and more effective decisions than conventional decisions made with stale data or no data. Think about how one poor decision at a telecommunications company could … Continue reading →

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Will EU Law Restrict Automated Decision-Making?

Posted on July 2, 2016 by decisionmanagementcommunity

A new article EU regulations on algorithmic decision-making and a “right to explanation” talks about the potential impact that the European Union’s new General Data Protection Regulation will have on the routine use of machine learning algorithms. Slated to take … Continue reading →

Posted in Business Analytics, Explanations, Trends | 2 Comments