Business Rules

Webinar Series: How to build Decision Management Systems

August 23, 2011

I will be hosting a three part free webinar series How to Build Decision Management Systems this Fall.
Decision Management Systems are the next generation of information systems. Agile, analytic and adaptive, Decision Management Systems put business rules management systems, predictive analytics and optimization to work improving the effectiveness and efficiency of your operations. Decision Management [...]

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Decision Management related events Fall 2011

August 23, 2011

This is an update of an earlier post on Decision Technology Events for October 2011
There are a number of great events related to Decision Management themes and technology platforms this Fall.  Here’s my list so far:

Computerworld BI & Analytics Perspectives 2011, 18-20 September, Phoenix, AZ @BIAPCW
I am giving the opening keynote “From Business Intelligence to Predictive [...]

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Webinar: Active Decisions for the “Aware” Organization

August 23, 2011

[ September 29, 2011; 10:00 am to 11:00 am. ] I am giving a webinar on Active Decisions for the “Aware” Organization with RedHat on September 29  at 10am Pacific.

Organizations need systems that allow them to respond to fast changing conditions. These systems must be easy to change as requirements change and be able to respond to what is happening in real-time. Rules-based decision management systems [...]

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CIOs are getting serious about business rules and decision management

August 18, 2011

My friends at Corticon had an interesting press release today about a survey they just conducted – More Than 40 Percent of CIOs and CTOs Surveyed Plan to Automate Decision Management Processes. There were some interesting results in this. First, as their headline notes, we are starting to get some serious consideration of automated decision-making, [...]

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Webinar: Driving Decisions with Business Rules

August 16, 2011

[ September 15, 2011; 10:00 am to 11:00 am. ] I am giving a webinar on Driving Decisions with Business Rules with RedHat on September 15  at 10am Pacific.

Business rules management systems (BRMS) are a mature technology that has been available for many years. Capturing business policies, regulations and domain expertise so that they can drive system behavior is a compelling proposition. Systems that automate and [...]

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First Look – Silvertail Systems

July 19, 2011

Silver Tail Systems was founded in 2008 by founders with a background in web search, trend analytics and fraud detection. After joining eBay to fight phishing and other kinds of fraud like fake auctions and fake bids, the team sat down and figured out the tools that would have been helpful tackling these fraud challenges. [...]

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What, really, is the business of a mortgage broker?

July 11, 2011

Thanks to @susanliza1 I saw a tweet from @ArthurAranda of Hudson City Savings in which he said
The business of a mortgage broker is knowing numerous & complex lending rules, regulations, procedures, & policies. It is not for everyone.
Given what I do – helping companies build decision management systems – this is interesting to me. Is [...]

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Decision Management’s “Epsom Salt” problem

July 7, 2011

Have you looked at a packet of Epsom Salt recently? Here’s a product that describes itself as

a soaking aid for minor sprains and bruises
a saline laxative for the short term relief of constipation
a plant nutrient for vigorous lawns, flowers, plants, vegetables and trees

Three very different uses – after all, how many laxatives would you put [...]

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New research on business rules from Forrester

July 5, 2011

John Rymer and Mike Gualtieri of Forrester have published two interesting new reports on business rules – The Future Of Business Rules Platforms and Market Overview: Business Rules Platforms 2011. The first of these is a short piece emphasizing the growing role of business rules management systems in event processing and in Decision Management. The [...]

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Decision Management Product News Recap Q2 2011

June 29, 2011

Here is a recap of Decision Management product news for Q2 2011
Business Rules

First Look Corticon 5
A long established vendor in the business rules management space, Corticon describe themselves as focused on delivering better, faster decisions by automating business rules.
First Look – OpenRules Decision Management System
OpenRules allows business users to manage rules directly in Excel, OpenOffice [...]

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Update – Zementis

June 9, 2011

I got a chance to catch up with Zementis. I last got an update from them on the product back in May 2010 when they released 3.0 with their support of Drools as well as PMML. Zementis is reporting good momentum with large customers such as the US Army and Verizon as well as a [...]

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Update – New Wisdom RuleGuide

June 8, 2011

New Wisdom LLC
I have an update on the RuleGuide™ product from New Wisdom recently. I blogged about RuleGuide back in 2009. The product started with a focus on business rule management for the business team – allowing them to create a container of rules to pass to the IT group for implementation in a Business [...]

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First Look – Oracle Real-Time Decisions Manager

June 6, 2011

Oracle Real-Time Decisions (RTD) is Oracle’s core Decision Management product and I have reviewed it before (see this First Look – Oracle RTD 3 and this one on the Oracle RTD Roadmap). With the release of “Oracle RTD Base Application Release 3.1” in May 2011 Oracle introduced their new “Decision Manager” application. Oracle RTD now [...]

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Smarter Customer Analytics and Decision Management with IBM

June 2, 2011

We got a quick overview of SPSS Decision Management (see my post on SPSS DM 6 or indeed the whole blog for my view of this). SPSS Decision Management combines predictive analytics, business rules and optimization/simulation to optimize high volume decisions like “should I search this car at the border” or “should I investigate this [...]

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Predictive Analytics spotlight from IBM

June 2, 2011

Deepak Advani kicked off day 2. SPSS was acquired by IBM in 2009 and, like all acquisitions, has to report on how well it has met the expectations set at acquisition time. SPSS has beaten every target set for it at acquisition and reviews have apparently been a “bit of a love fest”. SPSS has [...]

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Update – Software AG

May 31, 2011

I got an update from Software AG after they announced webMethods 8.2 and ARIS 7.2.These two releases are the end result of work since Software AG acquired both companies. The releases contain features specific to both products based on their long standing roadmaps but Software AG also invested in improved integration of the two products. [...]

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How to transform marketing with analytics

May 24, 2011

How to transform your marketing with analytics
Companies need to develop a loyal customer base and market effectively to them. But customers increasingly shop in multiple channels and formats, and have more choices than ever before. Your company can leverage the power of analytics to overcome these challenges. You can develop the capability to target customers [...]

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Webinar: Automating Business Rules – Avoiding 3 Common Pitfalls

May 23, 2011

[ June 7, 2011; 11:00 am to 11:45 am. ] I am giving a webinar on Automating Business Rules: Avoiding 3 Common Pitfalls with Corticon on June 7 at 11am Pacific.

Automating business rules enables organizations to make better, faster decisions.  Tremendous business gains can be achieved by improving productivity and customer service and by adapting quickly to changing market conditions. All [...]

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Transforming your business with analytics – a series

May 23, 2011

I want to share with you the collective wisdom of over 50 companies that have transformed their business using analytics. These companies tackled core business issues like customer retention, marketing, patient care, student achievement, and customer centricity in industries as varied as Retail, Telecommunications, Healthcare, Education, Government, Insurance and Banking.
Tomorrow I will kick off a [...]

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Decision technology events for October 2011

May 23, 2011

There are a number of great events related to Decision Management themes and technology platforms this October. Here’s my list so far for October 2011

Teradata Partners Conference and Expo 2-6 October, San Diego, CA
This is a great conference for anyone using or considering Teradata. I assume that this year there will be a solid set [...]

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