Predictive analytics, a technology that has been around for decades has gotten a lot of attention over the past few years, and for good reason. Companies understand that looking in the rear-view mirror is not enough to remain competitive in the current economy. Today, adoption of predictive analytics is increasing for a number of reasons … Continue reading Five Trends in Predictive Analytics
For more years than I like to admit, I have been focused on the importance of managing data so that it helps companies anticipate changes and therefore be prepared to take proactive action. Therefore, as I watched the market for predictive analytics really emerge I thought it was important to provide customers with a holistic … Continue reading The Inaugural Hurwitz & Associates Predictive Analytics Victory Index is complete!
Advanced Analytics was a big topic at the IBM IOD conference last week. As part of this, predictive analytics was again an important piece of the story along with other advanced analytics capabilities IBM has developed or is in the process of developing to support optimization. These include Big Insights (for big data), analyzing data … Continue reading Advanced Analytics and the skills needed to make it happen: Takeaways from IBM IOD
With 2010 now upon us, I wanted to take the opportunity to talk about five advanced analytics technology trends that will take flight this year. Some of these are up in the clouds, some down to earth. Text Analytics: Analyzing unstructured text will continue to be a hot area for companies. Vendors in this space … Continue reading Five Predictions for Advanced Analytics in 2010
IBM has dominated a good deal of the news in the business analytics world, recently. On Friday, it completed the purchase of SPSS and solidified its position in predictive analytics. This is certainly the biggest leg of a recent three-prong attack on the analytics market that also includes: Purchasing Red Pill. Red Pill is a … Continue reading Four reasons why the time is right for IBM to tackle Advanced Analytics
I recently had an interesting conversation about business intelligence and operational BI with Steve Mauss, President and COO of Knowledge Relay. Knowledge Relay was founded in 1984 and has its roots in project management software for the aerospace/defense and government verticals. Over the years, it has expanded its reach to support other industries such as … Continue reading Practical Operational BI