Business Rules

CRISP-DM data mining methodology in hypertext form

September 24, 2011

CRISP-DM – Cross-Industry Standard Process for Data Mining – is the best known data mining methodology out there. It’s been around a long time but ownership/management of the consortium that developed it has gotten complex recently (the CRISP-DM.ORG site is down at present for instance but you can get some details in the CRISP-DM Wikipedia [...]

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Ready to pre-order my new book? How about a 35% discount

September 21, 2011

Well my new book has shipped to the printers and it should be available in mid-October. The nice folks at IBM Press have set up a 35% discount code TAYLOR4389 and the book is ready for pre-order here on IBM Press. Just go to their site, order the book and enter the code. You can also [...]

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Speaking at IBM’s Information on Demand: Driving Better Business Results with Decision Management Systems

September 1, 2011

[ October 26, 2011; 11:30 am to 12:30 pm. ] I am speaking on “Driving Better Business Results with Decision Management Systems” on October 26th at 11:30am at IBM’s Information on Demand event.
Decision Management Systems are an exciting class of information systems. They help organizations manage risk, reduce fraud and maximize the value of every customer interaction. Decision Management Systems enhance existing business processes and [...]

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First Look – Web.rule.control

August 30, 2011

I got a quick update on an interesting startup company – CodeEffects.com – with a very lightweight web widget for business rules. This web business rules widget is the outgrowth of some work the company has been doing with clients who are users of business rules management systems. These clients wanted a lightweight rule editor [...]

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Here’s how to use Decision Management to improve cross-channel experience

August 29, 2011

Retailing today had an interesting article – “Best Buy, Sears, Target tops in cross-channel performance” – about the importance and challenges of becoming a cross-channel retailer. I was struck by the potential of Decision Management Systems to improve cross-channel experiences in a couple of key areas:

60% had inconsistency across in-store and online promotions;
Obviously inconsistency is [...]

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Webinar: How to build Decision Management Systems – Part 3 Decision Analysis

August 23, 2011

[ November 29, 2011; 10:00 am to 11:00 am. ] 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 Systems are agile – easy to change, easy to keep compliant and transparent in their behavior. They [...]

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Webinar: How to build Decision Management Systems – Part 2 Decision Services

August 23, 2011

[ October 27, 2011; 10:00 am to 11:00 am. ] 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 Systems are agile – easy to change, easy to keep compliant and transparent in their behavior. They [...]

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Webinar: How to build Decision Management Systems – Part 1 Decision Discovery

August 23, 2011

[ September 21, 2011; 10:00 am to 11:00 am. ] 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 Systems are agile – easy to change, easy to keep compliant and transparent in their behavior. They [...]

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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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Decision Management Systems don’t get decision fatigue

August 18, 2011

I was recently pointed to this great NY Times article – Do You Suffer From Decision Fatigue? The article reports on a series of experiments to evaluate the effect of making many decisions in a row. It turns out that people don’t do well with this and that “decision fatigue” sets in, reducing not only [...]

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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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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 – 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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