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James Taylor
James Taylor's Decision Management
 James is one the leading experts in enterprise decision management, a published author and a principal of Smart (enough) Systems LLC. His blog discusses the use of decision management technologies like predictive analytics and business rules to deliver agility, improve business processes and bring intelligent automation to SOA.

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December 14, 2007
What is an analytic application

The folks at LucidEra posted this What is an Analytic Application? and made me think what my definition was for an analytic application. Before I could post, Henry Morris of IDC posted a comment in which he discussed IDC's definition.
While both the original and, especially, Henry's definition have a lot going for them, I think an analytic application should make a decision relevant to an ongoing activity or process and return that decision so that the defined action can be taken. It should do this "analytically" that is based on statistical analysis, defined rules and formal testing and control (adaptive control). While the definition the guys at LucidEra use is "analytic", I don't think it counts as an application unless it DOES something.
What do you think?

Posted by jtaylor in Decision Technologies • Predictive Analytics |Digg This|Add to del.icio.us

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