Richard Lee is an executive consultant who advises companies on predictive analytics and becoming predictive enterprises. Predictive analytics uses modeling, machine learning and data mining to analyze past and present data to predict future events. It has evolved from descriptive analytics in the past to now aiming to embed predictive analysis into real-time applications. Becoming a predictive enterprise requires using all data sources and predictive models across the organization to gain insights.
IBM Business Analytics and Optimization - Introduktion till Prediktiv AnalysIBM Sverige
Är din organisation prediktiv? Genom att arbeta förutseende med styrning och beslutsfattande kan ett Predictive Enterprise – ett förutseende företag – minimera risker och uppnå högt ställda affärsmål. Under sessionen lär du dig vad prediktiv analys är, vad det ger för mervärde, vad olika kunder har använt det till och vilken ROI det gett dem samt
hur du kan använda det med din existerande infrastruktur.
Talare: Mats Stellwall, Predictive Analytics Specialist, IBM
Denna presentation hölls på ett seminariepass för Business Analytics and Optimization under IBM Software Day 2010.
IBM Finance Forum - Prediktivt tänkande i den finansiella världenIBM Sverige
Prediktiv analys erbjuder något helt annat än vanlig rapportering eller säljprognoser – Nu kan du förutsäga hur du bör agera utifrån kring varje enskild kund.
SAS + Ciboodle @ Customer Intelligence User ConfSword Ciboodle
Toshi Tsuboi and Ian Henderson present the SAS + Ciboodle joint value proposition at SAS's 2010 Customer Intelligence User Conference.
Working together, SAS and Ciboodle are enabling organization's to bring customer intelligence to the contact center -creating richer and more profitable interactions for companies and customers alike.
SG Analytics, a best managed outsourcing firm by Black Book Of Outsourcing, is a leading research and analytics KPO outsourcing firm which provides a range of services to financial services companies, market research companies and business research firms. Our customized solutions for data management, investment research, equity research, data processing, business research and business analytics can help both large and small organizations to manage their costs and workflow, thus enabling our clients to focus on their core business.
IBM Business Analytics and Optimization - Introduktion till Prediktiv AnalysIBM Sverige
Är din organisation prediktiv? Genom att arbeta förutseende med styrning och beslutsfattande kan ett Predictive Enterprise – ett förutseende företag – minimera risker och uppnå högt ställda affärsmål. Under sessionen lär du dig vad prediktiv analys är, vad det ger för mervärde, vad olika kunder har använt det till och vilken ROI det gett dem samt
hur du kan använda det med din existerande infrastruktur.
Talare: Mats Stellwall, Predictive Analytics Specialist, IBM
Denna presentation hölls på ett seminariepass för Business Analytics and Optimization under IBM Software Day 2010.
IBM Finance Forum - Prediktivt tänkande i den finansiella världenIBM Sverige
Prediktiv analys erbjuder något helt annat än vanlig rapportering eller säljprognoser – Nu kan du förutsäga hur du bör agera utifrån kring varje enskild kund.
SAS + Ciboodle @ Customer Intelligence User ConfSword Ciboodle
Toshi Tsuboi and Ian Henderson present the SAS + Ciboodle joint value proposition at SAS's 2010 Customer Intelligence User Conference.
Working together, SAS and Ciboodle are enabling organization's to bring customer intelligence to the contact center -creating richer and more profitable interactions for companies and customers alike.
SG Analytics, a best managed outsourcing firm by Black Book Of Outsourcing, is a leading research and analytics KPO outsourcing firm which provides a range of services to financial services companies, market research companies and business research firms. Our customized solutions for data management, investment research, equity research, data processing, business research and business analytics can help both large and small organizations to manage their costs and workflow, thus enabling our clients to focus on their core business.
Learn the key success factors that banks must address to differentiate mobile offerings and provide industry-leading capabilities that drive customer satisfaction.
Learn how to:
Navigate the diverse digital payments “ecosystem”
Support customer loyalty and retention
Gain valuable customer insights from mobile data
Achieve symmetry with other mobile trends
Leverage core legacy technology investments
Demonstrate return on investment
Webinar presentation the discussed how to leverage the "Buyers Journey" to overcome obstacles, gain insight and better predict outcomes and customer actions. Learn how to plan with foresight by maximizing customer insight and communicate the value of social captivation
We will examine how to create a cost benefit analysis document that clarifies your customer’s problem, explains your intended solution, and details the work required. We will break down costs of the current state and future state compared to forecasted benefits to show payback of the solution over time. This session will guide you through a simple process to help you understand how to calculate and communicate the business value of your SharePoint solutions.
Designing Big Data Interactions Using the Language of DiscoveryJoe Lamantia
Looking deeper than the celebratory rhetoric of information quantity, at its core, Big Data makes possible unprecedented awareness and insight into every sphere of life; from business and politics, to the environment, arts and society. In this coming Age of Insight, ‘discovery’ is not only the purview of specialized Data Scientists who create exotic visualizations of massive data sets, it is a fundamental category of human activity that is essential to everyday interactions between people, resources, and environments.
To provide architects and designers with an effective starting point for creating satisfying and relevant user experiences that rely on discovery interactions, this session presents a simple analytical and generative toolkit for understanding how people conduct the broad range of discovery activities necessary in the information-permeated world.
Specifically, this session will present: • A simple, research-derived language for describing discovery needs and activities that spans domains, environments, media, and personas • Observed and reusable patterns of discovery activities in individual and collaborative settings • Examples of the architecture of successful discovery experiences at small and large scales • A vocabulary and perspective for discovery as a critical individual and organizational capability • Leading edge examples from the rapidly emerging space of applied discovery • Design futures and concepts exploring the possible evolution paths of discovery interactions
Datamine provides data-intensive information technology solutions & services for Telecoms, Banking & Retail industry. Our offering answers the needs of modern management for analytics, process insight, business & market intelligence.
AccessISG™ is a subscription knowledge service that harnesses the expertise of ISG consultants with our unparalleled market research capabilities to ensure that you're never without access to the information necessary to make smart, strategically powerful sourcing decisions. With one click, you can tap into a wealth of data, experience and insights, from the TPI Index™, Contract KnowledgeBase™, Compass Benchmarking and Sourcing Prevalence Database™ to our extensive research on offshore city risk assessment, captive benchmarking and the ever-changing Cloud.
Learn the key success factors that banks must address to differentiate mobile offerings and provide industry-leading capabilities that drive customer satisfaction.
Learn how to:
Navigate the diverse digital payments “ecosystem”
Support customer loyalty and retention
Gain valuable customer insights from mobile data
Achieve symmetry with other mobile trends
Leverage core legacy technology investments
Demonstrate return on investment
Webinar presentation the discussed how to leverage the "Buyers Journey" to overcome obstacles, gain insight and better predict outcomes and customer actions. Learn how to plan with foresight by maximizing customer insight and communicate the value of social captivation
We will examine how to create a cost benefit analysis document that clarifies your customer’s problem, explains your intended solution, and details the work required. We will break down costs of the current state and future state compared to forecasted benefits to show payback of the solution over time. This session will guide you through a simple process to help you understand how to calculate and communicate the business value of your SharePoint solutions.
Designing Big Data Interactions Using the Language of DiscoveryJoe Lamantia
Looking deeper than the celebratory rhetoric of information quantity, at its core, Big Data makes possible unprecedented awareness and insight into every sphere of life; from business and politics, to the environment, arts and society. In this coming Age of Insight, ‘discovery’ is not only the purview of specialized Data Scientists who create exotic visualizations of massive data sets, it is a fundamental category of human activity that is essential to everyday interactions between people, resources, and environments.
To provide architects and designers with an effective starting point for creating satisfying and relevant user experiences that rely on discovery interactions, this session presents a simple analytical and generative toolkit for understanding how people conduct the broad range of discovery activities necessary in the information-permeated world.
Specifically, this session will present: • A simple, research-derived language for describing discovery needs and activities that spans domains, environments, media, and personas • Observed and reusable patterns of discovery activities in individual and collaborative settings • Examples of the architecture of successful discovery experiences at small and large scales • A vocabulary and perspective for discovery as a critical individual and organizational capability • Leading edge examples from the rapidly emerging space of applied discovery • Design futures and concepts exploring the possible evolution paths of discovery interactions
Datamine provides data-intensive information technology solutions & services for Telecoms, Banking & Retail industry. Our offering answers the needs of modern management for analytics, process insight, business & market intelligence.
AccessISG™ is a subscription knowledge service that harnesses the expertise of ISG consultants with our unparalleled market research capabilities to ensure that you're never without access to the information necessary to make smart, strategically powerful sourcing decisions. With one click, you can tap into a wealth of data, experience and insights, from the TPI Index™, Contract KnowledgeBase™, Compass Benchmarking and Sourcing Prevalence Database™ to our extensive research on offshore city risk assessment, captive benchmarking and the ever-changing Cloud.
Business Process Analytics Unlocking the Power of Data and Analytics: Transfo...Capgemini
According our 2012 survey with the the Economist Intelligence Unit, one of the biggest impediments to effective decision making using big data is a shortage of skilled analysts. Capgemini’s BPO Analytics solution can help fill this gap with a centrally-operated managed service that provides the expertise and tools to analyze and interpret trends within and across business processes. We have a team of professionals with both analytical skills and domain expertise along with a flexible, multi-purpose technology platform to convert multiple sources of unstructured data into one structured view. This combination provides clients with a centralized function for transforming vast amounts of data into meaningful insights.
Find how to add more value to your Business Intelligence and Performance Management solutions by incorporating predictive analytics using IBM Cognos 10. Learn about the integration of Predictive Analytics and SPSS functionality, and how it fits with the Cognos platform. View the video recording and download this deck: http://www.senturus.com/resources/ibm-cognos-10-demo-predictive-analytics/.
Senturus, a business analytics consulting firm, has a resource library with hundreds of free recorded webinars, trainings, demos and unbiased product reviews. Take a look and share them with your colleagues and friends: http://www.senturus.com/resources/.
How to become an Analytics-driven organization - and why bother? - IBM Smarte...IBM Sverige
Presentation från IBM Smarter Business 2011. Spår: IBM Cognos Performance.
Information is the oil of the future. It will be the resource running our economy in ways not possible in the past. In this era of extreme information organizations need to understand how to find the information that really matters and how to draw intelligence from it. They need to become Analytics-driven.
Talare: Juha Teljo, Business Analytics Executive.
Mer information på www.smarterbusiness.se
Predictive Analytics: The Next Wave in Business IntelligencePerficient, Inc.
We discuss how Predictive Analytics enables decision makers to predict future events and proactively act on that insight to drive better business outcomes and deliver the insight needed to answer key business questions:
- How to reduce churn and retain the most loyal customers to maximize profitability (predict which customers are most likely to leave and which are most loyal)
- How to detect and ultimately prevent fraudulent activity
- Which factors are most likely to drive customers to choose my product over the competitor’s?
- How to integrate Predictive Analytics with an existing Business Intelligence platform
Presenter Tom Lennon is Director of Perficient's National Business Intelligence Competency Center.
Managing an advisory firm's compliance program can be costly. Can this expense also be viewed as an investment? Learn how your compliance efforts can help you manage your firm more effectively.
Kneebone financial services presentation Kneebone Inc.
Marketing Performance Management Presentation for financial services industry. Drive new accounts by increasing your marketing effectiveness. Kneebone is a cross marketing performance software platform.
Richard Lee Icbc Ibm Industry Models Forum 20110314 Final
Zd sap - predictive analytics - 3-26-13 r1
1. Predictive Analytics: From Back
Office to Front Office
Richard R. Lee, Executive Consultant
The Speyside Group
2. Professional Profile
Richard Lee – “Executive Consultant in Business
Informatics & Advanced Analytics”
I Guide & Advise Senior Executive Teams in their
pursuit of “The Predictive Enterprise”
Worked in many “Information-driven Verticals” over
long consulting career;
• Banking & Insurance
• Utilities
• Consumer Goods & Retail
• Telecoms
• Government
• Technology
PCMag.com • ExtremeTech • Geek.com • LogicBUY • BuyerBase
3. What is Predictive Analytics??
pre·dic·tive Adjective
• “Relating to or having the effect of predicting an event or
result”
a·nal·y·sis Noun
• “Detailed examination of the elements or structure of
something, typically as a basis for discussion or interpretation.”
Predictive Analytics:
“Modeling, machine learning, and data mining that
analyze current and historical facts to make predictions
about future, or otherwise unknown, events.”
9. Predictive Insurance
Broker
Strategic
P&C Goals
Moments of Insurer
The
Customer Truth Analytically-Optimized Improve
Business Processes Customer
I buy/renew Perception
Customer Insights Competitive Pricing
I license
Improve
Predictive Claims Financial Oversight Employee
I claim
Experience
Underwriting Licensing
I amend
Maintain
ERM/Solvency II
I cancel Financial
Security
Analytics- Driven Foresight
Retention
Customer Attractive and Fraud Best Offers Customer Employee Risk
LTV Products Upsell/Cro Mitigation (Claims) Experience Engagement Assessment
ss Sell
Business Intelligence Advanced Analytics Performance & Risk Mgmt.
COE
Enterprise Information Subject Areas & Analytical Models
Information Delivery
Information Foundation Information Integration
Information Sources (Structured & Unstructured)
9
10. Predictive Claims Processing
Predictive Analysis: Create:
• Customer Behaviours, Linkages, etc. • Intelligently scripted/generated questions
• Current claims activities • Empower Knowledge Workers
• Claims history • Drive Operational Excellence
• External data (Partners, MD, BI, Gov. 3rd •Delight the Customer
parties, etc.) Service
Fast
Claims Application Track
Environment
First
Request
Notification
Predictive Additional
of Loss
Claims Information
(FNOL) Platform
(Embedded)
SIU
Information Infrastructure
Suspect
PCMag.com • ExtremeTech • Geek.com • LogicBUY • BuyerBase
12. The Democratization of Analytics
How do we “move Predictive Analysis from the Back
Office to Your Office?
• For far too long PA has been the domain of the so-called “data
geeks” and “Bayesians”.
– We need to make PA more pervasive by moving it to everyone’s
“Work Platform” e.g. Desktop, Laptop, Tablet, Smart Device, etc.
– We must bootstrap everyone’s skills and knowledge to be
“Analytics Literate”
• We must “unleash the power of all of our sources of Information”
to create unique and actionable insights for everyone to leverage.
– We must move away from “batch driven & IT-lead “ to a “real-time
& Business-lead” Operational Model for delivering Information-
based, Analytics-driven Outcomes.
– We must build Governance into all Analytics endeavors as we
have done with our Information-related ones, using a holistic
approach.
PCMag.com • ExtremeTech • Geek.com • LogicBUY • BuyerBase
13. Looking Forward
The distant future as seen from 10-years ago has
become manifest already;
• Smart Devices and Embedded Applications have accelerated the
“inflection point” for creating massive streams of Information (aka
Big Data) and the Pervasive use of Analytics to drive decision
making.
Predictive Analysis will be embedded in all Enterprise
Applications and Services going forward.
• Decision Making at the Point of Contact is paramount.
• An integrated view of the Customer is essential to “Delighting him
or her”
• Windows of Opportunity are shrinking to zero.
Creating a “Culture of Analysis” along with Delivering
“Analytics as a Service” to Everyone is the Critical Path
• A, integrated, long-range Analytics Strategy is the key to driving a
successful outcome to this Top Down Vision.
PCMag.com • ExtremeTech • Geek.com • LogicBUY • BuyerBase
14. Summary and Hand-Off
Predictive Analytics is a mature discipline, but
currently confined to an “elite community of analysts”
in most, if not all Enterprises.
The so-called “Democratization of Analytics” will
remove these barriers to broad Enterprise Adoption.
A long-range, business driven Analytics Strategy
(aligned with the Organization’s overall strategy) is
required to insure a successful “Transformation into
a Predictive Enterprise”
• People, Process, Technology & Culture
A critical first step in this transformational journey is
“To Move PA from the Back Office to Your Office”
PCMag.com • ExtremeTech • Geek.com • LogicBUY • BuyerBase