Don Griest

A  survey  released last month, indicated that Hadoop adoption is facing challenges. Specifically, the vast majority of respondents had no current plans to invest in Hadoop due to “…sizable challenges around business value and skills”. Since Hadoop is the leading tool for Big Data, this points to a bigger problem in overall Big Data adoption.  Finding resources with t…

IDC just published an in-depth case study demonstrating how a large bank used FICO Blaze Advisor as a base for their decision management capabilities. Here are some key take-aways from this interesting use case: Industry: Banking Company: Large bank (anonymous) Business Challenge: With rapid geographic expansion, new product lines and a significant increase in…

OnlineBusinessDegree.org recently created an interesting infographic to help explain the future of Big Data.  As one of the hot buzzwords for 2012 it seems a fitting way to start the New Year.     I like the section explaining how Big Data can be useful: It creates transparency that can be used to increase efficiency. It allows for better ana…

In the November/December issue of Non-Prime Times, the National Auto Finance Association’s official publication, FICO’s Ken Kertz describes six strategies that auto lenders can use to win more business: Frequent model assessments – Health checks help determine the effectiveness and accuracy of your models. Custom scores –Application data in combination with c…

Gartner analyst Jim Sinur picked up on a recent FICO success story featuring Blaze Advisor Business Rules Management System for context sensitive, event based marketing. As Sinur points out, customers now expect companies to understand their preferences and market accordingly with highly relevant offers. Business Rules Management plays an important role in underst…

I attended the Gartner IT Expo in October to interact with senior IT leaders, showcase FICO’s products and get the latest take on Gartner’s upcoming trends in the technology industry. I found their talk on the Top 10 Strategic Technology Trends for 2013 very interesting. Here is their list of what to look for in the next year: Mobile Device Battles Mobile Ap…

Many companies are thinking about ways to take advantage of cloud computing.  SulAmérica is turning those thoughts into action. As Brazil’s biggest independent insurance company, they needed a better way to connect with their 30,000 brokers throughout the continent in order to make more consistent, flexible underwriting decisions. SulAmérica will use FICO^®…

Gartner recently released their latest set of Hype Cycle reports that cover a wide range of technology trends and where they sit on the road from trigger to productivity. These reports are a great way to get an early preview of emerging technologies and track how they progress from concept to mainstream practice. New items in the 2012 report include Big Data, the…

The latest round of federal and state regulations has put tremendous pressure on compliance departments. As companies scramble to put new systems and procedures in place, it is no surprise that legacy COBOL systems are especially difficult to bring into compliance. And, by the way, the other reasons for wanting to modernize these systems still hold true. Legacy applic…

We recently posted a press release describing how Lion of Africa is using FICO Blaze Advisor for their underwriting needs. Lion of Africa is one of the leading insurance companies in South Africa and is working to empower and transform South Africa’s financial services sector. This is a great example of how we’re seeing more of our customers use rules and…