Get the business understanding right! Analytics Teams know that one of their biggest challenges is effective communication and collaboration with their business partners. Projects are plagued with too many iterations to get to a solution, too many detours responding to unfocused requests, and too often the final model results in a positive analytic result that can’t demonstrate business value.
What can you do? Analytics and decision modeling expert James Taylor of Decision Management Solutions outlines six questions to ask your business partner before you start modeling and shows you why decision modeling is the best approach to building this shared understanding.
In this webinar, IIA Faculty Member James Taylor, CEO of Decision Management Solutions, will show how to improve analytic results with decision modeling. Decision modeling focuses analytic efforts, clarifies the business goals of analytic projects, and improves collaboration between analytic, business and IT organizations. James will introduce decision modeling, show how it can be used in a wide range of analytic projects and share experiences from using decision modeling in various industries.
One of the most important steps in a predictive analytic effort is correctly framing the problem a way that creates a shared understanding of the business problem across business, IT and analytics teams. A decision requirements model makes it clear how to best leverage analytics. Watch the webinar recording at http://decisionmanagement.omnovia.com/archives/223762
Achieving a Single View of Business – Critical Data with Master Data ManagementDATAVERSITY
Organizations today are critically reliant on data. However, as enterprise applications accumulate—often through digital transformation initiatives, new product launches, or mergers and acquisitions—business-critical data becomes increasingly siloed. As a result, organizations struggle to gain a complete view of customers, products, business partners, or other data domains scattered across legacy systems, cloud, databases, and spreadsheets—typically featuring unique ways of defining, modeling, and recording master data. Working with a network of vendors and suppliers, each with their own array of applications and data systems, only complicates the picture further. All of which inhibits an organization’s ability to realize value from their data. Master Data Management (MDM) allows organizations to consolidate data from multiple sources to create a single source of truth that provides a holistic view of enterprise-wide information. Join this webinar to discover how multi-domain MDM can eliminate the guesswork and uncertainty that results from data gaps and inconsistencies, paving the way for new, powerful insights through cross-domain intelligence.
Topics covered will include:
- Following a proven method to define and execute a data harmonization strategy that’s directly aligned with business objectives and outcomes
- Establishing a ‘contextually relevant’ golden record of consistent, valid, and accurate data across domains, applications, and services
- Creating linked relationships between data domains and surfacing up analytics on different data types to provide context and enable more informed decision-making
- Ensuring that your data governance strategy both complements and supports your data harmonization and consolidation approach
- Managing all administrative, stewardship, and governance functions across domains from a single user interface
- Allowing various user personas to utilize data and collaborate effectively with structured operating models that are ‘fit for purpose’
- Ultimately achieving a single view of critical data and related data elements that is easy to navigate
Scan any number of financial industry news publications, and stories regarding Wall Street’s hunger for new data sets to improve alpha abound. While this might seem like a new trend, monetizing data - or the ability to turn corporate data into revenue streams - has existed for decades. But both the supply side and the demand side have changed. On the supply side, the extreme variety of data that now exists (location-based, geospatial, socio-demographic, online search trends, pricing, etc.) combines with high computing power and new digital requirements to create a fertile data market environment. On the demand side, to remain competitive, companies in a wide variety of industries, not just the financial sector, are leveraging data in all forms to maintain an edge or be disruptive.
During this session we’ll explore what data monetization is and the forms it can take; characteristics of data that could make it more valuable to external parties; and key considerations in making data products available to external parties. Intellectual property, data privacy, and contractual issues will also be explored.
Slides zum Impuls-Vortrag "Data Strategy & Governance" - BI or DIE LEVEL UP 2022
Aufzeichnung des Vortrags: https://www.youtube.com/watch?v=705DfyfF5-M
Master data management (mdm) & plm in context of enterprise product managementTata Consultancy Services
The presentation discusses the classical features and advantages of Master Data Management (MDM) system along with appropriate situations to use it. How do companies apply MDM who design, manufacture and sell their products in several geographies facing challenges in making appropriate decisions on their investment in PLM & MDM space?
Another important aspect covers the comparison/relation between a MDM system (or Product Master System) and Enterprise PLM system. How can you maximize your ROI on both PLM and MDM investments? With examples from different industries the key takeaways include whether your organization requires an MDM solution or not.
In this webinar, IIA Faculty Member James Taylor, CEO of Decision Management Solutions, will show how to improve analytic results with decision modeling. Decision modeling focuses analytic efforts, clarifies the business goals of analytic projects, and improves collaboration between analytic, business and IT organizations. James will introduce decision modeling, show how it can be used in a wide range of analytic projects and share experiences from using decision modeling in various industries.
One of the most important steps in a predictive analytic effort is correctly framing the problem a way that creates a shared understanding of the business problem across business, IT and analytics teams. A decision requirements model makes it clear how to best leverage analytics. Watch the webinar recording at http://decisionmanagement.omnovia.com/archives/223762
Achieving a Single View of Business – Critical Data with Master Data ManagementDATAVERSITY
Organizations today are critically reliant on data. However, as enterprise applications accumulate—often through digital transformation initiatives, new product launches, or mergers and acquisitions—business-critical data becomes increasingly siloed. As a result, organizations struggle to gain a complete view of customers, products, business partners, or other data domains scattered across legacy systems, cloud, databases, and spreadsheets—typically featuring unique ways of defining, modeling, and recording master data. Working with a network of vendors and suppliers, each with their own array of applications and data systems, only complicates the picture further. All of which inhibits an organization’s ability to realize value from their data. Master Data Management (MDM) allows organizations to consolidate data from multiple sources to create a single source of truth that provides a holistic view of enterprise-wide information. Join this webinar to discover how multi-domain MDM can eliminate the guesswork and uncertainty that results from data gaps and inconsistencies, paving the way for new, powerful insights through cross-domain intelligence.
Topics covered will include:
- Following a proven method to define and execute a data harmonization strategy that’s directly aligned with business objectives and outcomes
- Establishing a ‘contextually relevant’ golden record of consistent, valid, and accurate data across domains, applications, and services
- Creating linked relationships between data domains and surfacing up analytics on different data types to provide context and enable more informed decision-making
- Ensuring that your data governance strategy both complements and supports your data harmonization and consolidation approach
- Managing all administrative, stewardship, and governance functions across domains from a single user interface
- Allowing various user personas to utilize data and collaborate effectively with structured operating models that are ‘fit for purpose’
- Ultimately achieving a single view of critical data and related data elements that is easy to navigate
Scan any number of financial industry news publications, and stories regarding Wall Street’s hunger for new data sets to improve alpha abound. While this might seem like a new trend, monetizing data - or the ability to turn corporate data into revenue streams - has existed for decades. But both the supply side and the demand side have changed. On the supply side, the extreme variety of data that now exists (location-based, geospatial, socio-demographic, online search trends, pricing, etc.) combines with high computing power and new digital requirements to create a fertile data market environment. On the demand side, to remain competitive, companies in a wide variety of industries, not just the financial sector, are leveraging data in all forms to maintain an edge or be disruptive.
During this session we’ll explore what data monetization is and the forms it can take; characteristics of data that could make it more valuable to external parties; and key considerations in making data products available to external parties. Intellectual property, data privacy, and contractual issues will also be explored.
Slides zum Impuls-Vortrag "Data Strategy & Governance" - BI or DIE LEVEL UP 2022
Aufzeichnung des Vortrags: https://www.youtube.com/watch?v=705DfyfF5-M
Master data management (mdm) & plm in context of enterprise product managementTata Consultancy Services
The presentation discusses the classical features and advantages of Master Data Management (MDM) system along with appropriate situations to use it. How do companies apply MDM who design, manufacture and sell their products in several geographies facing challenges in making appropriate decisions on their investment in PLM & MDM space?
Another important aspect covers the comparison/relation between a MDM system (or Product Master System) and Enterprise PLM system. How can you maximize your ROI on both PLM and MDM investments? With examples from different industries the key takeaways include whether your organization requires an MDM solution or not.
Master Data Management – Aligning Data, Process, and GovernanceDATAVERSITY
Master Data Management (MDM) provides organizations with an accurate and comprehensive view of their business-critical data such as customers, products, vendors, and more. While mastering these key data areas can be a complex task, the value of doing so can be tremendous – from real-time operational integration to data warehousing and analytic reporting. This webinar will provide practical strategies for gaining value from your MDM initiative, while at the same time assuring a solid architectural and governance foundation that will ensure long-term, enterprise-wide success.
As part of our team's enrollment for Data Science Super Specialization course under UpX Academy, we submitted many projects for our final assessments, one of them was Telecom Churn Analysis Model.
The input data was provided by UpX academy and language we used is R. As part of the project, our main objective was :-
-> To predict Customer Churn.
-> To Highlight the main variables/factors influencing Customer Churn.
-> To Use various ML algorithms to build prediction models, evaluate the accuracy and performance of these models.
-> Finding out the best model for our business case & providing executive Summary.
To address the mentioned business problem, we tried to follow a thorough approach. We did a detailed level Exploratory Data Analysis which consists of various Box Plots, Bar Plots etc..
Further we tried our best to build as many Classification models possible which fits our business case (Logistic Regression/kNN/Decision Trees/Random Forest/SVM) and also tried to touch Cox Hazard Survival analysis Model. Later for every model we tried to boost their performances by applying various performance tuning techniques.
As we all are still into our learning mode w.r.t these concepts & starting new, please feel free to provide feedback on our work. Any suggestions are most welcome... :)
Thanks!!
This describes a conceptual model approach to designing an enterprise data fabric. This is the set of hardware and software infrastructure, tools and facilities to implement, administer, manage and operate data operations across the entire span of the data within the enterprise across all data activities including data acquisition, transformation, storage, distribution, integration, replication, availability, security, protection, disaster recovery, presentation, analytics, preservation, retention, backup, retrieval, archival, recall, deletion, monitoring, capacity planning across all data storage platforms enabling use by applications to meet the data needs of the enterprise.
The conceptual data fabric model represents a rich picture of the enterprise’s data context. It embodies an idealised and target data view.
Designing a data fabric enables the enterprise respond to and take advantage of key related data trends:
• Internal and External Digital Expectations
• Cloud Offerings and Services
• Data Regulations
• Analytics Capabilities
It enables the IT function demonstrate positive data leadership. It shows the IT function is able and willing to respond to business data needs. It allows the enterprise to meet data challenges
• More and more data of many different types
• Increasingly distributed platform landscape
• Compliance and regulation
• Newer data technologies
• Shadow IT where the IT function cannot deliver IT change and new data facilities quickly
It is concerned with the design an open and flexible data fabric that improves the responsiveness of the IT function and reduces shadow IT.
Data Integration, Access, Flow, Exchange, Transfer, Load And Extract Architec...Alan McSweeney
These notes describe a generalised data integration architecture framework and set of capabilities.
With many organisations, data integration tends to have evolved over time with many solution-specific tactical approaches implemented. The consequence of this is that there is frequently a mixed, inconsistent data integration topography. Data integrations are often poorly understood, undocumented and difficult to support, maintain and enhance.
Data interoperability and solution interoperability are closely related – you cannot have effective solution interoperability without data interoperability.
Data integration has multiple meanings and multiple ways of being used such as:
- Integration in terms of handling data transfers, exchanges, requests for information using a variety of information movement technologies
- Integration in terms of migrating data from a source to a target system and/or loading data into a target system
- Integration in terms of aggregating data from multiple sources and creating one source, with possibly date and time dimensions added to the integrated data, for reporting and analytics
- Integration in terms of synchronising two data sources or regularly extracting data from one data sources to update a target
- Integration in terms of service orientation and API management to provide access to raw data or the results of processing
There are two aspects to data integration:
1. Operational Integration – allow data to move from one operational system and its data store to another
2. Analytic Integration – move data from operational systems and their data stores into a common structure for analysis
Data Architecture Strategies: Data Architecture for Digital TransformationDATAVERSITY
MDM, data quality, data architecture, and more. At the same time, combining these foundational data management approaches with other innovative techniques can help drive organizational change as well as technological transformation. This webinar will provide practical steps for creating a data foundation for effective digital transformation.
This presentation was part of the IDS Webinar on Data Governance. It gives a brief overview of the history on Data Governance, describes how governing data has to be further developed in the era of business and data ecosystems, and outlines the contribution of the International Data Spaces Association on the topic.
The Five Pillars of Data Governance 2.0 SuccessDATAVERSITY
What’s the state of data governance readiness within your organization?
Do you have an executive sponsor?
Is a standard definition understood across the enterprise?
How does your IT team view it?
How does your organization approach analytics, business intelligence and decision-making?
Have you implemented any technology to provide the necessary capabilities?
These are just a few of the questions you should be asking to determine whether your organization is a data governance leader, laggard or novice. With the General Data Protection Regulation (GDPR) about to take effect, there’s no time to waste in determining whether your’re really ready.
erwin and DATAVERSITY want to help you shore up your data governance initiative so you can use your data to produce the desired results, including but not limited to meeting information security and compliance requirements.
You’ll learn what it takes to build and sustain an enterprise data governance experience – not just an isolated program – for greater visibility, control and value to achieve regulatory compliance and so much more.
Real-World Data Governance Webinar: Data Governance Framework ComponentsDATAVERSITY
There are several basic components that go into delivering a successful and sustainable data governance program. Many of these framework items can be developed using tools you already own and without going to great expense. Organizations swear by the items that will be discussed in this webinar.
Join Bob Seiner for this month’s installment of the Real-World Data Governance series to learn about how to build and deliver immediate and future value from your Data Governance program through the delivery of items that will formalize accountability for the management of data and information assets.
Bob will discuss these core components:
Gaining Leadership’s backing and understanding
Best Practice Analysis leading to Recommended Actions
Operating Model of Roles & Responsibilities
Communications Plan to improve awareness
Action Plan / Roadmap to success
Business Intelligence & Data Analytics– An Architected ApproachDATAVERSITY
Business intelligence (BI) and data analytics are increasing in popularity as more organizations are looking to become more data-driven. Many tools have powerful visualization techniques that can create dynamic displays of critical information. To ensure that the data displayed on these visualizations is accurate and timely, a strong Data Architecture is needed. Join this webinar to understand how to create a robust Data Architecture for BI and data analytics that takes both business and technology needs into consideration.
Metadata is hotter than ever, according a number of recent DATAVERSITY surveys. More and more organizations are realizing that in order to drive business value from data, robust metadata is needed to gain the necessary context and lineage around key data assets. At the same time, industry regulations are driving the need for better transparency and understanding of information.
While metadata has been managed for decades, new strategies & approaches have been developed to support the ever-evolving data landscape, and provide more innovative ways to drive business value from metadata. This webinar will provide an overview of metadata strategies & technologies available to today’s organization, and provide insights into building successful business strategies for metadata adoption & use.
Building an Effective Data Management StrategyHarley Capewell
In June 2013, Experian hosted a Data
Management Summit in London, with over
100 delegates from the public, private and
third sectors. Speakers from Experian
and across the data industry explored the
challenges of developing and implementing
data quality strategies - and how to
overcome them. Read on for more information.
Building a Data Strategy – Practical Steps for Aligning with Business GoalsDATAVERSITY
Developing a Data Strategy for your organization can seem like a daunting task – but it’s worth the effort. Getting your Data Strategy right can provide significant value, as data drives many of the key initiatives in today’s marketplace – from digital transformation, to marketing, to customer centricity, to population health, and more. This webinar will help demystify Data Strategy and its relationship to Data Architecture and will provide concrete, practical ways to get started.
Data Architecture Best Practices for Advanced AnalyticsDATAVERSITY
Many organizations are immature when it comes to data and analytics use. The answer lies in delivering a greater level of insight from data, straight to the point of need.
There are so many Data Architecture best practices today, accumulated from years of practice. In this webinar, William will look at some Data Architecture best practices that he believes have emerged in the past two years and are not worked into many enterprise data programs yet. These are keepers and will be required to move towards, by one means or another, so it’s best to mindfully work them into the environment.
Data Profiling, Data Catalogs and Metadata HarmonisationAlan McSweeney
These notes discuss the related topics of Data Profiling, Data Catalogs and Metadata Harmonisation. It describes a detailed structure for data profiling activities. It identifies various open source and commercial tools and data profiling algorithms. Data profiling is a necessary pre-requisite activity in order to construct a data catalog. A data catalog makes an organisation’s data more discoverable. The data collected during data profiling forms the metadata contained in the data catalog. This assists with ensuring data quality. It is also a necessary activity for Master Data Management initiatives. These notes describe a metadata structure and provide details on metadata standards and sources.
A decision modeling approach using DMN is the best practice for for scaling BRMS. Decision modeling address three key challenges of a existing BRMS program, improving traceability, sustaining business engagement and maximizing re-use while minimizing duplication.
Get deployed! Many Analytics Teams have experience with building what seems like a great model–valid, predictive, powerful–only to see disappointing or even no business impact. Some models are not deployed, or take so long to deploy their accuracy is lost. Even deployed models are often not used effectively.
What can you do? Learn the 5 questions to ask before deploying your model.
Master Data Management – Aligning Data, Process, and GovernanceDATAVERSITY
Master Data Management (MDM) provides organizations with an accurate and comprehensive view of their business-critical data such as customers, products, vendors, and more. While mastering these key data areas can be a complex task, the value of doing so can be tremendous – from real-time operational integration to data warehousing and analytic reporting. This webinar will provide practical strategies for gaining value from your MDM initiative, while at the same time assuring a solid architectural and governance foundation that will ensure long-term, enterprise-wide success.
As part of our team's enrollment for Data Science Super Specialization course under UpX Academy, we submitted many projects for our final assessments, one of them was Telecom Churn Analysis Model.
The input data was provided by UpX academy and language we used is R. As part of the project, our main objective was :-
-> To predict Customer Churn.
-> To Highlight the main variables/factors influencing Customer Churn.
-> To Use various ML algorithms to build prediction models, evaluate the accuracy and performance of these models.
-> Finding out the best model for our business case & providing executive Summary.
To address the mentioned business problem, we tried to follow a thorough approach. We did a detailed level Exploratory Data Analysis which consists of various Box Plots, Bar Plots etc..
Further we tried our best to build as many Classification models possible which fits our business case (Logistic Regression/kNN/Decision Trees/Random Forest/SVM) and also tried to touch Cox Hazard Survival analysis Model. Later for every model we tried to boost their performances by applying various performance tuning techniques.
As we all are still into our learning mode w.r.t these concepts & starting new, please feel free to provide feedback on our work. Any suggestions are most welcome... :)
Thanks!!
This describes a conceptual model approach to designing an enterprise data fabric. This is the set of hardware and software infrastructure, tools and facilities to implement, administer, manage and operate data operations across the entire span of the data within the enterprise across all data activities including data acquisition, transformation, storage, distribution, integration, replication, availability, security, protection, disaster recovery, presentation, analytics, preservation, retention, backup, retrieval, archival, recall, deletion, monitoring, capacity planning across all data storage platforms enabling use by applications to meet the data needs of the enterprise.
The conceptual data fabric model represents a rich picture of the enterprise’s data context. It embodies an idealised and target data view.
Designing a data fabric enables the enterprise respond to and take advantage of key related data trends:
• Internal and External Digital Expectations
• Cloud Offerings and Services
• Data Regulations
• Analytics Capabilities
It enables the IT function demonstrate positive data leadership. It shows the IT function is able and willing to respond to business data needs. It allows the enterprise to meet data challenges
• More and more data of many different types
• Increasingly distributed platform landscape
• Compliance and regulation
• Newer data technologies
• Shadow IT where the IT function cannot deliver IT change and new data facilities quickly
It is concerned with the design an open and flexible data fabric that improves the responsiveness of the IT function and reduces shadow IT.
Data Integration, Access, Flow, Exchange, Transfer, Load And Extract Architec...Alan McSweeney
These notes describe a generalised data integration architecture framework and set of capabilities.
With many organisations, data integration tends to have evolved over time with many solution-specific tactical approaches implemented. The consequence of this is that there is frequently a mixed, inconsistent data integration topography. Data integrations are often poorly understood, undocumented and difficult to support, maintain and enhance.
Data interoperability and solution interoperability are closely related – you cannot have effective solution interoperability without data interoperability.
Data integration has multiple meanings and multiple ways of being used such as:
- Integration in terms of handling data transfers, exchanges, requests for information using a variety of information movement technologies
- Integration in terms of migrating data from a source to a target system and/or loading data into a target system
- Integration in terms of aggregating data from multiple sources and creating one source, with possibly date and time dimensions added to the integrated data, for reporting and analytics
- Integration in terms of synchronising two data sources or regularly extracting data from one data sources to update a target
- Integration in terms of service orientation and API management to provide access to raw data or the results of processing
There are two aspects to data integration:
1. Operational Integration – allow data to move from one operational system and its data store to another
2. Analytic Integration – move data from operational systems and their data stores into a common structure for analysis
Data Architecture Strategies: Data Architecture for Digital TransformationDATAVERSITY
MDM, data quality, data architecture, and more. At the same time, combining these foundational data management approaches with other innovative techniques can help drive organizational change as well as technological transformation. This webinar will provide practical steps for creating a data foundation for effective digital transformation.
This presentation was part of the IDS Webinar on Data Governance. It gives a brief overview of the history on Data Governance, describes how governing data has to be further developed in the era of business and data ecosystems, and outlines the contribution of the International Data Spaces Association on the topic.
The Five Pillars of Data Governance 2.0 SuccessDATAVERSITY
What’s the state of data governance readiness within your organization?
Do you have an executive sponsor?
Is a standard definition understood across the enterprise?
How does your IT team view it?
How does your organization approach analytics, business intelligence and decision-making?
Have you implemented any technology to provide the necessary capabilities?
These are just a few of the questions you should be asking to determine whether your organization is a data governance leader, laggard or novice. With the General Data Protection Regulation (GDPR) about to take effect, there’s no time to waste in determining whether your’re really ready.
erwin and DATAVERSITY want to help you shore up your data governance initiative so you can use your data to produce the desired results, including but not limited to meeting information security and compliance requirements.
You’ll learn what it takes to build and sustain an enterprise data governance experience – not just an isolated program – for greater visibility, control and value to achieve regulatory compliance and so much more.
Real-World Data Governance Webinar: Data Governance Framework ComponentsDATAVERSITY
There are several basic components that go into delivering a successful and sustainable data governance program. Many of these framework items can be developed using tools you already own and without going to great expense. Organizations swear by the items that will be discussed in this webinar.
Join Bob Seiner for this month’s installment of the Real-World Data Governance series to learn about how to build and deliver immediate and future value from your Data Governance program through the delivery of items that will formalize accountability for the management of data and information assets.
Bob will discuss these core components:
Gaining Leadership’s backing and understanding
Best Practice Analysis leading to Recommended Actions
Operating Model of Roles & Responsibilities
Communications Plan to improve awareness
Action Plan / Roadmap to success
Business Intelligence & Data Analytics– An Architected ApproachDATAVERSITY
Business intelligence (BI) and data analytics are increasing in popularity as more organizations are looking to become more data-driven. Many tools have powerful visualization techniques that can create dynamic displays of critical information. To ensure that the data displayed on these visualizations is accurate and timely, a strong Data Architecture is needed. Join this webinar to understand how to create a robust Data Architecture for BI and data analytics that takes both business and technology needs into consideration.
Metadata is hotter than ever, according a number of recent DATAVERSITY surveys. More and more organizations are realizing that in order to drive business value from data, robust metadata is needed to gain the necessary context and lineage around key data assets. At the same time, industry regulations are driving the need for better transparency and understanding of information.
While metadata has been managed for decades, new strategies & approaches have been developed to support the ever-evolving data landscape, and provide more innovative ways to drive business value from metadata. This webinar will provide an overview of metadata strategies & technologies available to today’s organization, and provide insights into building successful business strategies for metadata adoption & use.
Building an Effective Data Management StrategyHarley Capewell
In June 2013, Experian hosted a Data
Management Summit in London, with over
100 delegates from the public, private and
third sectors. Speakers from Experian
and across the data industry explored the
challenges of developing and implementing
data quality strategies - and how to
overcome them. Read on for more information.
Building a Data Strategy – Practical Steps for Aligning with Business GoalsDATAVERSITY
Developing a Data Strategy for your organization can seem like a daunting task – but it’s worth the effort. Getting your Data Strategy right can provide significant value, as data drives many of the key initiatives in today’s marketplace – from digital transformation, to marketing, to customer centricity, to population health, and more. This webinar will help demystify Data Strategy and its relationship to Data Architecture and will provide concrete, practical ways to get started.
Data Architecture Best Practices for Advanced AnalyticsDATAVERSITY
Many organizations are immature when it comes to data and analytics use. The answer lies in delivering a greater level of insight from data, straight to the point of need.
There are so many Data Architecture best practices today, accumulated from years of practice. In this webinar, William will look at some Data Architecture best practices that he believes have emerged in the past two years and are not worked into many enterprise data programs yet. These are keepers and will be required to move towards, by one means or another, so it’s best to mindfully work them into the environment.
Data Profiling, Data Catalogs and Metadata HarmonisationAlan McSweeney
These notes discuss the related topics of Data Profiling, Data Catalogs and Metadata Harmonisation. It describes a detailed structure for data profiling activities. It identifies various open source and commercial tools and data profiling algorithms. Data profiling is a necessary pre-requisite activity in order to construct a data catalog. A data catalog makes an organisation’s data more discoverable. The data collected during data profiling forms the metadata contained in the data catalog. This assists with ensuring data quality. It is also a necessary activity for Master Data Management initiatives. These notes describe a metadata structure and provide details on metadata standards and sources.
A decision modeling approach using DMN is the best practice for for scaling BRMS. Decision modeling address three key challenges of a existing BRMS program, improving traceability, sustaining business engagement and maximizing re-use while minimizing duplication.
Get deployed! Many Analytics Teams have experience with building what seems like a great model–valid, predictive, powerful–only to see disappointing or even no business impact. Some models are not deployed, or take so long to deploy their accuracy is lost. Even deployed models are often not used effectively.
What can you do? Learn the 5 questions to ask before deploying your model.
15 Tough Questions Every Business Owner Must Ask ThemselvesSusan Smith
Fifteen of the industry’s most successful business owners lay out the questions they think are most critical to those who want to think strategically about "what’s next!".
These are the things I learned about Angel Investing. If you're thinking about investing in startups, either directly or via services like AngelList, my hope is that these tips can help you avoid some common mistakes.
Organizations are increasingly investing in data analytics to improve decision-making. Dashboards, self-service BI, data mining, predictive analytics, machine learning and cognitive technologies are being evaluated, deployed and used as organizations push to adopt data-driven decision-making. Effectively using these analytic technologies requires a disciplined focus on better decisions. Some organizations are using decision modeling, and the DMN standard, to achieve analytic excellence.
Successful digital programs extend their Digital Business Platforms with 3 critical elements: decision modeling, predictive analytics and business rules technology. Coordinating these technologies into a virtual decision hub. Decision Management automates and improves every digital interaction and delivers agile, data-driven, real-time outcomes.
Leading organizations today are looking to scale their advanced analytics capabilities, especially data mining and predictive analytics, to improve business performance, reduce fraud and improve customer responsiveness. However traditional analytic project approaches are hard to scale and difficult to implement in the real-time environment required in modern enterprise architectures.
A rebroadcast of one of the best reviewed sessions at this year's Predictive Analytics World. Learn the critical success factors in delivering business value with advanced analytics.
One of the prime causes of complex business processes is the inclusion of decision-making in process designs. Organizations that identify the decisions in their processes and manage them as peers – not part of the process but supporting it – find they can simplify process designs, increase agility and bring business users and IT into better alignment.
This webinar will build on real case studies to show you how keeping decisioning and process entangled creates complexity, how to find decisions in your complex processes and how Decision Management delivers simpler, more manageable processes.
If you are kicking off your first BRMS project, don’t start by gathering the rules! Often teams will be advised to begin their project by gathering all the relevant rules, in a natural language or rulebook approach.
But these rules-first approaches address issues that don’t exist with modern BRMS technology, resulting in redundant and counter-productive efforts.
A decisions-first, decision modeling approach using the Decision Model Notation (DMN) standard is the best practice for business rules projects when implementing a modern BRMS.
In this recording of our live webinar, you will learn why building a decision model that is linked to the business context (metrics, processes, logical data structures) and then implementing this directly in a linked BRMS is faster and cheaper while resulting in more accurate rules, more business engagement and better value realized.
Learn how decision models based on the Decision Model and Notation (DMN) standard can be more easily integrated with business rules being managed and deployed using JBoss BRMS, improving traceability and business ownership.
Decisions First Modeler Enterprise Edition Integration with JBoss BRMSDecisionsFirst Modeler is a collaborative decision modeling solution using the new Decision Model and Notation (DMN) standard. DecisionsFirst Modeler provides a diagram-based, business user friendly front-end to the business rules environment.
A presentation on Customer Decision Management and how it results in more accurate, more real-time, more consistent, more agile and more scalable customer decisions. Presented at Teradata Partners 2013
A claims handling pilot delivers data-driven claims risk, fraud and wastage decisions directly into your claims process. Using real-world examples, learn how you can maximize straight through “Jet” processing while minimizing risk and fraud using a decision-centric, continuous improvement business architecture. Our proven decisions-first approach delivers the 5 elements of a powerful claims handling platform: decision model, business rules, risk and fraud analytics, impact analysis and continuous improvement.
While many Digital Transformation initiatives are focused on improving the customer experience, often too little attention is paid to the customer-facing operational decisions that impact customers every day. To get the most from your Digital Transformation efforts, your customers’ experience and the decisions that impact it cannot be ignored.
What opportunities are you looking for to improve your business performance? In this webinar you will learn six opportunities that are readily available when you adopt a decision management approach to business rules and predictive analytics.
DecisionsFirst Modeler enables organizations to accurately specify their business using decision requirements models; structure and manage the supporting business rules; and streamline business process design.
The Enterprise Edition integration with IBM ODM delivers traceability from business objectives through decision requirements to the business rules running in production. This ensures that DecisionsFirst Modeler users have full access to all the rule editing, validation, simulation, deployment and management capabilities of IBM ODM.
DecisionsFirst Modeler is a collaborative decision modeling solution using the new Decision Model and Notation (DMN) standard. DecisionsFirst Modeler provides a diagram-based, business user friendly front-end to the business rules environment.
The Decision Management Manifesto lays out key principles of Decision Management - why decisions are central to your requirements process, why it makes sense to explicitly design decisions before applying technology. Using real world projects this webinar explains the rationale for each part of the manifesto and shows the value it can bring to your projects now and in the future.
Learn how to innovate risk management and customer processes with decision and process management, from leading experts Roger Burlton and James Taylor.
Create Success with Analytics: Predictive Analytics 101: Your Roadmap to Driv...Aggregage
Predictive analytics is an increasingly common buzzword with many forms. It seems everyone has their own take on what it is and which best practices and business benefits apply.
What does predictive analytics really mean? We’ll explore real-world examples of predictive in action and outline steps to help you maximize its value.
Create Success with Analytics: Predictive Analytics 101: Your Roadmap to Driv...Hannah Flynn
Predictive analytics is an increasingly common buzzword with many forms. It seems everyone has their own take on what it is and which best practices and business benefits apply.
What does predictive analytics really mean? We’ll explore real-world examples of predictive in action and outline steps to help you maximize its value.
Marketing & SalesBig Data, Analytics, and the Future of .docxalfredacavx97
Marketing & Sales
Big Data, Analytics,
and the Future of
Marketing & Sales
March 2015
3McKinseyonMarketingandSales.com @McK_MktgSales
Table of contents
Business
Opportunities
Insight and
action
How to get
organized and
get started
8 Getting big impact from big
data
16 Big Data & advanced
analytics: Success stories
from the front lines
20 Use Big Data to find
new micromarkets
24 Smart analytics: How
marketing drives short-term
and long-term growth
30 Putting Big Data and
advanced analytics to work
34 Know your customers
wherever they are
38 Using marketing analytics to
drive superior growth
48 How leading retailers turn
insights into profits
56 Five steps to squeeze more
ROI from your marketing
60 Using Big Data to make
better pricing decisions
60 Marketing’s age of relevance 72 Gilt Groupe: Using Big Data,
mobile, and social media to
reinvent shopping
76 Under the retail microscope:
Seeing your customers for
the first time
80 Name your price: The power
of Big Data and analytics
84 Getting beyond the buzz: Is
your social media working?
90 How to get the most from big
data
94 Five Roles You Need on Your
Big Data Team
98 Want big data sales programs
to work? Get emotional
102 Get started with Big Data:
Tie strategy to performance
106 What you need to make Big
Data work: The pencil
110 Need for speed: Algorithmic
marketing and customer
data overload
114 Simplify Big Data – or it’ll be
useless for sales
54 McKinseyonMarketingandSales.com @McK_MktgSales
Introduction
Big Data is the biggest hame-changing opportunity for marketing and sales
since the Internet went mainstream almost 20 years ago. The data big bang
has unleashed torrents of terabytes about everything from customer behaviors
to weather patterns to demographic consumer shifts in emerging markets.
The companies who are successful in turning data into above-market growth
will excel at three things:
ƒ Using analytics to identify valuable business opportunities from the data to
drive decisions and improve marketing return on investment (MROI)
ƒ Turning those insights into well-designed products and offers that delight
customers
ƒ Delivering those products and offers effectively to the marketplace.
This goldmine of data represents a pivot-point moment for marketing and
sales leaders. Companies that inject big data and analytics into their operation
show productivity rates and profitability that are 5 percent to 6 percent hight
than those of their peers. That’s an advantage no company can afford to
gnome.
This compendium explores the business opportunities, company examples,
and organizational implications of Big Data and advanced analytics. We hope
it provokes good and useful conversations.
Please contact us with your reactions and thoughts.
David Court
Director
David headed McKinsey’s
functional practices, and
currently leads the firm’s digital
in.
Similar to Analytics Teams: 6 Questions To Ask Your Business Partner Before You Model (20)
The speed, volume and complexity of decisions – as well as the impact they have on customer experience – demand automated, real-time decision making. Digital decisioning is an emerging best practice for delivering business impact from AI, machine learning, and analytics. Digital decisioning is an approach that ensures your systems act intelligently on your behalf, making precise, consistent, real-time decisions at every customer touchpoint.
Audio on our YouTube Channel: https://youtu.be/cGxPYnE5PTM
The speed, volume and complexity of decisions – as well as the impact they have on customer experience – demand automated, real-time decision making. Digital decisioning is an emerging best practice for delivering business impact from AI, machine learning, and analytics. Digital decisioning is an approach that ensures your systems act intelligently on your behalf, making precise, consistent, real-time decisions at every customer touchpoint.
Audio on our YouTube Channel: https://youtu.be/cGxPYnE5PTM
Hear insurance industry expert Craig Bedell and Decision Management expert James Taylor discuss the importance of digital decisioning to improving insurance productivity.
See slides with audio here: https://youtu.be/YgCOkc23s8k
Does your Rules Consultant think execution matters more than management? That's “old school” thinking. Find out if your Rules Consultant is providing your business with real value by watching this webinar.
Join Decision Management Solutions, Velocity Business Services and Datarobot as we discuss the importance of operational decisions, industrialized predictive analytics and business learning in creating a predictive enterprise.
DMN is a great standard and we’ve both achieve considerable successes with it: its help to improve the transparency, accuracy and agility of many business decisions and helped us to deliver better decisions and decision services to our clients. However, like any released product, DMN 1.1 can benefit from usage suggested refinements.
To succeed, an analytics or data science team must effectively engage with business experts who are often inexperienced with advanced analytics, machine learning and data science. They need a framework for connecting business problems to possible analytics solutions and operationalizing results. Decision modeling brings clarity to analytics projects, linking analytics solutions to business problems to deliver value.
A discussion of the value of Decision Management and decision modeling to the effective management of large, complex operations - including that of a large, global, financial services organization. Presented by James Taylor of Decision Management Solutions at the Building Business Capability Conference (BBCCon) 2015
As businesses have an increasing obligation to demonstrate compliance with regulations there is a need for a business architecture view that not only tracks regulations impact but also connects seamlessly to diverse, distributed implementations in automated systems and manual procedures. The Decision Model Notation (DMN) has been used to create a decision architecture for regulatory compliance at a leading global financial organization. This Regulatory Architecture includes business decisions impacted by a variety of global financial regulations – the Dodd Frank Act, in particular. This business architecture has been modeled in the form of decision requirement models and aligned with business process and business organization architectures. Presented by Gagan Saxena of Decision Management Solutions at the Building Business Capability Conference (BBCCon) 2015
A DMN-based full-fledged implementation of the “UServ Product Derby” decision model showing a DMN Decision Requirements Model and a set of DMN-based Decision Tables that implement it. The derby, recently renamed The Decision Management Challenge, deals with vehicle insurance problems including eligibility and premium calculation policies for a hypothetical insurance company.
Presented by James Taylor of Decision Management Solutions and Dr. Jacob Feldman of OpenRules at the Building Business Capability Conference (BBCCon) 2015.
In this webinar recording, James Taylor, CEO of Decision Management Solutions and Claye Greene, Managing Director of Government Solutions Provider TechBlue share learnings and best practices from their extensive experience helping clients modernize their legacy systems with the targeted decision management approach. You will learn why you don’t need to modernize the whole application, why focusing on business rules is not enough; decision management is the essential ingredient and how to use decision modeling to identify and scope targeted legacy modernization efforts.
Decision management and business rules management systems are the ideal platform for an agile and cost-effective compliance approach. In regulated industries like financial services, leading companies are building compliance into every process and system with consistency and transparency across the entire organization and with the agility to meet ever more challenging deadlines. Companies that fail to do so incur huge costs with manual checks and balances and risk significant fines.
In this webinar James Taylor, CEO of Decision Management Solutions and Jan Purchase, Director and Founder of Investment Banking Specialists Lux Magi, share know-how and best practices from their extensive experience of helping clients implement decision management and business rules management systems to conquer complexity, improve agility, lower costs and measure ongoing effectiveness in financial compliance.
The webinar includes illustrations of how the decision management approach has been applied in compliance projects and a walkthrough of real decision model from one of these.
Predictive analytics are increasingly a must-have competitive tool. A well-defined workflow and effective decision modeling approach ensures that the right predictive analytic models get built and deployed.
PASS Business Analytics 2015 - Most organizations lack an approach that lets them specify their requirements for BI or for analytics more broadly. Their ability to find opportunities for, and successfully use, more advanced analytics is limited. In this session, James Taylor will introduce decision modeling with DMN, a new standards-based approach to modeling decisions. He will introduce the core concepts of the approach and show how it can be used to drive more effective requirements for BI, dashboard and analytic projects. Attendees will learn how to begin with the decision in mind, defining their BI requirements in terms of the decision-making they need to improve.
Establishing a shared understanding of the business problem across business, IT and analytics teams is critical for successful predictive analytics projects. Recently decision modeling has begun to be adopted as a way to specify business requirements for predictive analytics projects. This session will introduce decision modeling and describe how it helps predictive analytics practitioners. The value of the technique will be illustrated with both experience working with real-world projects and of using the approach to teach students of analytics.
Listen to the keynote address and hear about the latest developments from Rachana Ananthakrishnan and Ian Foster who review the updates to the Globus Platform and Service, and the relevance of Globus to the scientific community as an automation platform to accelerate scientific discovery.
May Marketo Masterclass, London MUG May 22 2024.pdfAdele Miller
Can't make Adobe Summit in Vegas? No sweat because the EMEA Marketo Engage Champions are coming to London to share their Summit sessions, insights and more!
This is a MUG with a twist you don't want to miss.
In software engineering, the right architecture is essential for robust, scalable platforms. Wix has undergone a pivotal shift from event sourcing to a CRUD-based model for its microservices. This talk will chart the course of this pivotal journey.
Event sourcing, which records state changes as immutable events, provided robust auditing and "time travel" debugging for Wix Stores' microservices. Despite its benefits, the complexity it introduced in state management slowed development. Wix responded by adopting a simpler, unified CRUD model. This talk will explore the challenges of event sourcing and the advantages of Wix's new "CRUD on steroids" approach, which streamlines API integration and domain event management while preserving data integrity and system resilience.
Participants will gain valuable insights into Wix's strategies for ensuring atomicity in database updates and event production, as well as caching, materialization, and performance optimization techniques within a distributed system.
Join us to discover how Wix has mastered the art of balancing simplicity and extensibility, and learn how the re-adoption of the modest CRUD has turbocharged their development velocity, resilience, and scalability in a high-growth environment.
Accelerate Enterprise Software Engineering with PlatformlessWSO2
Key takeaways:
Challenges of building platforms and the benefits of platformless.
Key principles of platformless, including API-first, cloud-native middleware, platform engineering, and developer experience.
How Choreo enables the platformless experience.
How key concepts like application architecture, domain-driven design, zero trust, and cell-based architecture are inherently a part of Choreo.
Demo of an end-to-end app built and deployed on Choreo.
In 2015, I used to write extensions for Joomla, WordPress, phpBB3, etc and I ...Juraj Vysvader
In 2015, I used to write extensions for Joomla, WordPress, phpBB3, etc and I didn't get rich from it but it did have 63K downloads (powered possible tens of thousands of websites).
Check out the webinar slides to learn more about how XfilesPro transforms Salesforce document management by leveraging its world-class applications. For more details, please connect with sales@xfilespro.com
If you want to watch the on-demand webinar, please click here: https://www.xfilespro.com/webinars/salesforce-document-management-2-0-smarter-faster-better/
Gamify Your Mind; The Secret Sauce to Delivering Success, Continuously Improv...Shahin Sheidaei
Games are powerful teaching tools, fostering hands-on engagement and fun. But they require careful consideration to succeed. Join me to explore factors in running and selecting games, ensuring they serve as effective teaching tools. Learn to maintain focus on learning objectives while playing, and how to measure the ROI of gaming in education. Discover strategies for pitching gaming to leadership. This session offers insights, tips, and examples for coaches, team leads, and enterprise leaders seeking to teach from simple to complex concepts.
Understanding Globus Data Transfers with NetSageGlobus
NetSage is an open privacy-aware network measurement, analysis, and visualization service designed to help end-users visualize and reason about large data transfers. NetSage traditionally has used a combination of passive measurements, including SNMP and flow data, as well as active measurements, mainly perfSONAR, to provide longitudinal network performance data visualization. It has been deployed by dozens of networks world wide, and is supported domestically by the Engagement and Performance Operations Center (EPOC), NSF #2328479. We have recently expanded the NetSage data sources to include logs for Globus data transfers, following the same privacy-preserving approach as for Flow data. Using the logs for the Texas Advanced Computing Center (TACC) as an example, this talk will walk through several different example use cases that NetSage can answer, including: Who is using Globus to share data with my institution, and what kind of performance are they able to achieve? How many transfers has Globus supported for us? Which sites are we sharing the most data with, and how is that changing over time? How is my site using Globus to move data internally, and what kind of performance do we see for those transfers? What percentage of data transfers at my institution used Globus, and how did the overall data transfer performance compare to the Globus users?
Large Language Models and the End of ProgrammingMatt Welsh
Talk by Matt Welsh at Craft Conference 2024 on the impact that Large Language Models will have on the future of software development. In this talk, I discuss the ways in which LLMs will impact the software industry, from replacing human software developers with AI, to replacing conventional software with models that perform reasoning, computation, and problem-solving.
Unleash Unlimited Potential with One-Time Purchase
BoxLang is more than just a language; it's a community. By choosing a Visionary License, you're not just investing in your success, you're actively contributing to the ongoing development and support of BoxLang.
We describe the deployment and use of Globus Compute for remote computation. This content is aimed at researchers who wish to compute on remote resources using a unified programming interface, as well as system administrators who will deploy and operate Globus Compute services on their research computing infrastructure.
Into the Box Keynote Day 2: Unveiling amazing updates and announcements for modern CFML developers! Get ready for exciting releases and updates on Ortus tools and products. Stay tuned for cutting-edge innovations designed to boost your productivity.
Prosigns: Transforming Business with Tailored Technology SolutionsProsigns
Unlocking Business Potential: Tailored Technology Solutions by Prosigns
Discover how Prosigns, a leading technology solutions provider, partners with businesses to drive innovation and success. Our presentation showcases our comprehensive range of services, including custom software development, web and mobile app development, AI & ML solutions, blockchain integration, DevOps services, and Microsoft Dynamics 365 support.
Custom Software Development: Prosigns specializes in creating bespoke software solutions that cater to your unique business needs. Our team of experts works closely with you to understand your requirements and deliver tailor-made software that enhances efficiency and drives growth.
Web and Mobile App Development: From responsive websites to intuitive mobile applications, Prosigns develops cutting-edge solutions that engage users and deliver seamless experiences across devices.
AI & ML Solutions: Harnessing the power of Artificial Intelligence and Machine Learning, Prosigns provides smart solutions that automate processes, provide valuable insights, and drive informed decision-making.
Blockchain Integration: Prosigns offers comprehensive blockchain solutions, including development, integration, and consulting services, enabling businesses to leverage blockchain technology for enhanced security, transparency, and efficiency.
DevOps Services: Prosigns' DevOps services streamline development and operations processes, ensuring faster and more reliable software delivery through automation and continuous integration.
Microsoft Dynamics 365 Support: Prosigns provides comprehensive support and maintenance services for Microsoft Dynamics 365, ensuring your system is always up-to-date, secure, and running smoothly.
Learn how our collaborative approach and dedication to excellence help businesses achieve their goals and stay ahead in today's digital landscape. From concept to deployment, Prosigns is your trusted partner for transforming ideas into reality and unlocking the full potential of your business.
Join us on a journey of innovation and growth. Let's partner for success with Prosigns.
OpenFOAM solver for Helmholtz equation, helmholtzFoam / helmholtzBubbleFoamtakuyayamamoto1800
In this slide, we show the simulation example and the way to compile this solver.
In this solver, the Helmholtz equation can be solved by helmholtzFoam. Also, the Helmholtz equation with uniformly dispersed bubbles can be simulated by helmholtzBubbleFoam.