Category Archives: Trends

MWD Advisors Report “Decision Management Drives Disruption”

Posted on September 11, 2017 by decisionmanagementcommunity

Derek Miers from MWD Advisors just published a new report devoted to DMN. He writes: “With decision modelling, you now have way of visualising the future – using models to express strategies, goals, processes, policies, rules and constraints – and then driving … Continue reading →

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Lying with Statistics

Posted on September 3, 2017 by decisionmanagementcommunity

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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Machine-Learning Identifies Heart Arrhythmia

Posted on July 7, 2017 by decisionmanagementcommunity

It might not be long before algorithms routinely save lives—as long as doctors are willing to put ever more trust in machines. A team of researchers at Stanford University, led by Andrew Ng, has shown that a machine-learning model can identify … Continue reading →

Posted in Artificial Intelligence, Trends | Leave a comment

Blockchain Reference Architecture and Decision Models

Posted on July 6, 2017 by decisionmanagementcommunity

Blockchain technology has the potential to have a major impact on how institutions process transactions and conduct business. Blockchain technology provides a secure transaction ledger database through a decentralized network. It has the potential to reduce operational costs and friction, create … Continue reading →

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In a few years there will be no AI startups

Posted on July 3, 2017 by decisionmanagementcommunity

Frank Chen: “I believe that in 2 years, no investor is going to be explicitly looking to fund AI-powered startups. Given that nearly all the startups we see these days are dressing themselves in AI clothes (powered by machine learning! … Continue reading →

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Google’s “AI-first” Strategy

Posted on June 28, 2017 by decisionmanagementcommunity

On May 16 Peter Norvig, Research Director at Google, explained Google’s “AI first” vision in his Quora’s answer:  With information retrieval, anything over 80% recall and precision is pretty good—not every suggestion has to be perfect, since the user can ignore … Continue reading →

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Is Data Science Dead?

Posted on June 11, 2017 by decisionmanagementcommunity

This new article insists it is. “Data Science is dead. It is quickly getting replaced by stuff great data scientists built. Every big cloud vendor is doing it. Need to do a churn analysis? Done. Need to predict energy efficiency? Done. … Continue reading →

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Two Frustrations With the Data Science Industry

Posted on May 14, 2017 by decisionmanagementcommunity

On May 13, 2017 Nathan Brixius described his frustrations with data science industry (such as overclassification and overreliance on credentials) starting with this rant: “I don’t give a shit if you call yourself a data scientist, an analyst, a machine learning practitioner, … Continue reading →

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NoOps vs DevOps

Posted on April 13, 2017 by decisionmanagementcommunity

In 2011 Mike Gualtieri of Forrester Research coined the term NoOps in his controversial blog post “I don’t want DevOps. I want NoOps.” In particular, Gualtieri said: “Developers should look to spend more of their time getting closer to the business, not … Continue reading →

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Transforming “Dark Data” into Data-Driven Insights

Posted on April 6, 2017 by decisionmanagementcommunity

A new paper, written by Tho Nguyen of Teradata and James Taylor of Decision Management Solutions, examines “Dark Data” that includes sensor and streaming data, image data, audio and video data, as well as semi-structured data (e.g., log files, survey data, notes or presentations, email correspondence, … Continue reading →

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