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Decision Management

I will be attending a local meetup in Pleasanton on July 26 to discuss how a leading healthcare provider brought surgeons and IT professionals together to create a process to prevent potential heart attacks. This discussion will explore the OMG's decision model notation (DMN) standard, Decision Management Solutions' DMN platform, DecisionsFirst, data management, and the IBM's BRMS Operational Decision Manager [...]

I recently got a chance to catch up with the IBM SPSS team for an update. Analytics, in IBM’s view and mine, are increasingly necessary as digitization increases the scale of business data and digital disruptors increase the difficulty of making good decisions. For those being disrupted analytics offers a powerful way to fight back. [...]

I am giving a webinar with FICO and Automotive News on Strategies for Driving Real-time, 24x7 Business Outcomes through Analytically-Driven Decisions, July 12th at 2:30pm Eastern. The automotive industry has invested heavily in its Big Data, digital, business intelligence, and analytic infrastructures. But insights promised by these investments frequently remain hidden in the vast amount of [...]

We have a set of online training coming up in July: Introduction to Decision Management to introduce the key concepts and terminology of Decision Management and provide a framework for successful business rules and analytic projects Decision Modeling with DMN to learn how to model requirements using the Decision Model and Notation standard, the cornerstone technique for [...]

I recently participated in an International Institute for Analytics webinar,  Prescribing The Right Decision With Prescriptive Analytics (I am a faculty member of IIA). In the webinar we did some surveys that had some interesting results. First off we asked the audience what they were using analytics for. This was interesting to me as it overlapped [...]

We work with a lot of business rules architects and we see that more and more of them are using decision modeling as part of their business rules management system (BRMS) implementations. I recently wrote a series of blog posts - 3 Reasons Rules Architects Are Adopting Decision Modeling - over on our company blog. You can [...]

One of my students (from the UCI Extension Predictive Analytics Certificate in which I teach Business Goals for Predictive Analytics) sent me this article on Toyota Financial Services and its use of data science, predictive analytics, in collections. It's a great example of how to use analytics to improve your business outcomes and well worth a [...]

There is a great article from Bain and Company from 2013 that Elena Makurochkina (@elenamdata) pointed me to today - Infobesity: The enemy of good decisions. This is not only a fabulous phrase - infobesity feels viscerally correct as soon as you see it - but a great article too. Some quotes: Companies have overindulged in information. Some [...]

I am giving a webinar on DecisionsFirst Modeler and IBM ODM Integration Wednesday June 22 at 2pm Eastern/11am Pacific in which I will demonstrate the integration capability of DecisionsFirst Modeler Enterprise Edition with IBM Operational Decision Manager (ODM). In the webinar I will Quickly introduce DecisionsFirst Modeler as a platform for decision modeling with DMN Discuss the integration of [...]

I am participating in an International Institute for Analytics webinar, 9am Pacific on June 23 "Prescribing the Right Decisions with Prescriptive Analytics" Automation of everyday activities holds the promise of consistency, accuracy and relevancy. When applied to business operations, the additional benefits of governance, adaptability and risk avoidance are realized. Prescriptive analytic empowers both systems [...]

One of the most persistent problems with decision modeling in my experience is the tendency of people to think of decision modeling as a one-time requirements effort. Many teams are convinced that building a decision model using the Decision Model and Notation (DMN) standard (white paper here) is going to help them with their business rules [...]

We are running our new, highly reviewed Decision Table Modeling with DMN training featuring leading decision table expert Jan Vanthienen July 26-28 9:30am-11:30am Pacific each time. When representing and analyzing business decisions in real business situations and processes, decision tables have always proven a powerful approach. Decision table methodology, however, is more than putting some rules in a few [...]

We are running our regularly scheduled, and highly reviewed, Decision Modeling with DMN training again July 19-21, 9:30am-11:30am Pacific each time. Decision modeling with the new Decision Model and Notation (DMN) standard is fast becoming the definitive approach for building more effective processes and for specifying requirements for business rules and predictive analytic projects. With decision modeling, [...]

We are running our regularly scheduled, and highly reviewed, Introduction to Decision Management training again July 12-14, 10am-11:30am Pacific each time. A concise course for executives, managers and stakeholders stressing the key concepts and terminology of the proven decision management approach. This approach underpins the successful deployment of business rules management systems (BRMS) and predictive [...]

First Look: Avola Decision

The founders of Avola began working together in 2012 as an incubator called Bizzotope, intended as a venue for starting a number of innovative ventures. The first company was Bizzomate – a business and IT consulting firm focused on low-code platforms like Mendix and agile/Scrum approaches. Platforms like these generally lack process and decisioning capabilities [...]

Jan Purchase and I are working away on our book, Real-World Decision Modeling with DMN, and ahead of the publication we have made a series of short videos about decisions, decision modeling and DMN. These have been posted over on our company blog but here they are for you reference. Check them out. What is Decision [...]

Sparkling Logic is focused on enabling business and data analysts to manage automate decisions better and faster – what they call Analytics driven Decision Management. Sparkling Logic was founded in 2010 and I have blogged a few times about their decisioning platform (most recently here). Customers include Equifax, Paypal, FirstRate, Accela, Northrop Grumman and others [...]

I am giving a webinar on Decision Modeling with DMN for RedHat JBoss BRMS Thursday May 26th at 1pm Eastern/10am Pacific in which I will demonstrate the new integration capability of DecisionsFirst Modeler Enterprise Edition with RedHat JBoss BRMS. In the webinar I will Introduce Decision Modeling with DMN Discuss the new integration of DecisionsFirst Modeler [...]

I am speaking at the ODM/iLOG BRMS Meetup on Tuesday May 24, 2016 at 6pm Pacific in the IBM Offices at 1001 Hillsdale Blvd, Foster City (map) on Decision Modeling, DMN and IBM ODM. Decision Modeling with the Decision Model and Notation (DMN) standard is a powerful way to maximize the ROI to be gained from [...]

First Look: Modelshop

Modelshop was founded by Tom Tobin, someone who has spent his career building analytic applications in credit origination, portfolio optimization, risk management and fraud detection for major financial institutions. Tom’s vision for Modelshop is to make the technologies that enable these types of solutions available to all organizations so they can make their analytics actionable. [...]