First Look: Pegasystems Decision Management 7

April 17, 2014

I recently got an update from Pegasystems focused on their recent release 7 of the Pegasystems Decision Management product. Last year (2013) Pegasystems had a good year, breaking $500M in revenue while showing a 55% increase in license and backlog. They are forecasting $576M in 2014 and report particular interest in predictive analytics, analytic marketing [...]

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Get better results by linking Decision Models to implemented business rules

April 15, 2014

At Decision Management Solutions we are big believers in building decision models as a way to specify the requirements for business rules projects. Our cloud-based, collaborative decision modeling software DecisionsFirst Modeler is ideal for building and managing these models. Not only that, it also works with any business rules management system, allowing you to link [...]

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First Look: Zoot zDecision Update

April 14, 2014

I got an update from Zoot recently about their zDecision product (having last been briefed back in 2012). First, a quick update on Zoot: They are focused almost entirely in the financial services industry, especially on lenders. Their products are designed to be very flexible and so support the kind of out of the box [...]

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White Paper of the Week: BPM and BDM: State of Play

April 14, 2014

While many, most, organizations know they need to focus on business processes, a matching focus on operational decisions is less common. The effective combination of Business Process Management (BPM) with Business Decision Management (BDM) is emerging as a critical element in successful organizations. BPMInstitute.org has been providing insight and education on the relationship between business rules/Business Decision Management [...]

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Job: Drools and jBPM developer in SoCal

April 11, 2014

Westech, a project to produce lower cost healthcare infrastructure that is part of the West Health initiative, is looking for a Drools/jBPM developer. The job is based in La Jolla CA and they are looking for a full time hire.
West Health Institute is looking for a creative and hands-on jBPM Software Developer for an innovative [...]

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Decision Modeling now on the GSA

April 7, 2014

We get a steady stream of interest from government agencies here in the US – agencies and departments looking to modernize legacy applications with business rules, develop simpler and more agile business processes or adopt more advanced analytics. Decision Modeling, the first step in Decision Management, is a powerful tool to help these projects succeed. [...]

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Systems of coordination and the need to move beyond BPMN: a report

April 2, 2014

I recently met Neil Ward-Dutton of mwd advisors at bpmNEXT and we chatted about decision modeling – I was there giving a demo of DecisionsFirst Modeler and its support for the new Decision Model and Notation standard. Neil pointed me to his recent report CMMN and DMN: new notations for systems of co-ordination – what are [...]

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First Look: FICO acquisition of InfoCentricity

April 2, 2014

FICO has recently acquired InfoCentricity, makers of two advanced analytics products – Xeno (for building predictive scorecards, reviewed here) and StrategyTrees (decision trees). InfoCentricity has about 40 clients (some with over 100 modelers, some smaller). Most of these companies are also FICO clients though not generally for analytic modeling tools. Clients use the tools in [...]

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Responding in real-time: video and white paper

April 1, 2014

I recently completed some research on responding in real-time, discussing the need for both event processing and decision management in a solution. The research was sponsored by Oracle and you can see the video below:

The white paper is here (registration required).

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Decision Modeling, BPMN, Business Rules and Predictive Analytics: A live demo

March 31, 2014

I recently gave a presentation at bpmNEXT showing how you can apply decision modeling, using the new Decision Model and Notation standard, to build simpler, smarter and more agile processes. The actual presentation was recorded and I will blog when it goes live but as part of preparing I recorded the demo itself and we [...]

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Analytic practitioners speak – an interview with Lee Feinberg of DecisionViz

March 27, 2014

Please describe your current role and title
DecisionViz is a management consultant that helps companies build leadership in the processes, people, and culture around data visualization. We work with senior management to elevate visualization from the activity of reporting and making charts to being integrated with their daily decision-making. I founded the company in 2012.
What’s your [...]

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Decision-centric dashboards and application lifecycle management with Assure

March 24, 2014

We have become increasingly convinced that decision modeling, especially decision modeling using the Decision Model and Notation (DMN) standard and DecisionsFirst Modeler, is a great way to design dashboards. Building a decision model focuses on the decisions that must be made by the user of the dashboard, on how they make that decision and on [...]

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Some excellent Gartner advice on Decision Management

March 20, 2014

Lisa Kart, Roy Schulte and Teresa Jones of Gartner recently published Find the Best Approach to Decision Management. It’s a great piece and if you are a Gartner subscriber you should definitely read it and share it around your organization. Even if you are not you should seriously consider getting it from Gartner as it makes [...]

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An update on IBM’s MobileFirst portfolio

March 19, 2014

IBM has made significant investments in the mobile market in recent years. Various acquisitions and internal development efforts have resulted in a portfolio of product and service offerings under the banner of IBM MobileFirst. IBM recently summarized the state of the mobile market and its MobileFirst portfolio for analysts.
It’s worth noting up front that IBM [...]

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Some legacy modernization resources

March 12, 2014

We recently completed a series of posts on the role of decision management in legacy modernization so I thought I would gather the various resources up in one place:

First I wrote this piece with 4 reminders about legacy modernization.
I followed up with a 5 step processs for decision-centric legacy modernization
Claye Green or our partner TechBlue and I [...]

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BPM and Decision Management: An Interview with Juergen Pitschke

March 11, 2014

As part of our ongoing “Meet our Partners Series” I caught up with Juergen Pitschke of BCS, a Decision Management Solutions partner. Juergen and I are giving a webinar on April 1 - Getting Started with Decision Management.
Please describe your current role and title and tell us a little about your company
I’m Juergen Pitschke the founder of BCS, [...]

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Some thoughts on (and a discount for) bpmNext

March 10, 2014

I am attending bpmNEXT this month to talk about decision modeling and I am delighted to let you know that you can get a 30% discount on attending by entering the code DMS.
bpmNEXT is a different kind of event – as Sandy Kemsley said of last year’s event it focuses on demos, not presentations; keeps its short [...]

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First Look: Granata Decision Systems

March 5, 2014

As part of my ongoing series on Marketing Decision Management solutions I recently caught up with Granata Decision Systems. Granata was founded in 2012 by folks from the University of Toronto who specialize in optimization and AI. GDS’ product is a marketing optimization solution targeted at organizations with a relatively sophisticated customer analytics environment who [...]

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5 steps to decision-centric legacy modernization

March 3, 2014

Last week I emphasized four key facts about legacy modernization. To move forward you need to find the legacy code that represents business decisions such as a pricing engine (what price is this product for this customer), eligibility logic (is this customer eligible for this offer or service), approval rules (can this claim be auto-approved) and replace [...]

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Survey on the business value of business analytics

February 28, 2014

An associate professor at NEOMA Business School, Rouen, France is conducting a survey on how the quality of analytics influences business value, satisfaction and continuance/firm performance:
Business Analytics is expected to create huge operational and strategic benefits. In this study we look at how quality of analytics influences business value, satisfaction and continuance/firm performance. The results will [...]

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