change

The New Quantitative Era: Creating Successful Business Change with Analytics

March 15, 2011

Tom Davenport kicked off the second day of Predictive Analytics World with a keynote on the new era of quantitative, or data-driven business. Various analytic threads – web analytics, HR analytics, actuarial, predictive marketing and supply chain – are coming together in really what is best described as Enterprise analytics. The world is changing and [...]

Read the full article →

Decision Management and Insurance – Rethink Legacy and Fast Path New Product Development

February 17, 2011

Insurers face huge challenges with their installed base of legacy mainframe applications.  Many systems are 15-20 years old and are impeding insurers’ ability to respond to the market demands for new products and to the increased rate of consumerization. Maintenance costs are high and staffing challenges continue to mount.
Growing consumer buying power will force property [...]

Read the full article →

Decision Management and Insurance – A Series

February 10, 2011

Insurers face new and growing challenges as the market moves into recovery in 2011: more delivery channels, demographic shifts, a changing competitive landscape and a rapidly evolving regulatory and compliance environment. Many insurers are faced with meeting this challenges hampered by inflexible legacy applications, underutilized data from internal systems and external sources, and manual spreadsheets [...]

Read the full article →

Webinar: Smarter ERP with Decision Management

February 2, 2011

Large companies rely on their Enterprise Resource Planning (ERP) and other enterprise applications to manufacture, distribute and manage the products their customers need. The behavior of these operational systems is critical to how a company treats, and is perceived by, its customers, its partners and its suppliers. Yet these systems [...]

Read the full article →

Business rules, accelerating change and Decision Management

January 4, 2011

Randy Heffner had a post late last year that I just got to – Business 2011 Gets Faster; Business Rules And SOA Policy Get More Important. Randy makes the key point that while the pace of change means you cannot afford to lock up your business logic in traditional code, you also can’t just let [...]

Read the full article →

Unum – Managing business rules #bbc2010

October 19, 2010

Subtitled “from 0 to 1400″, this case study discussed how Unum (an insurance company) introduced business rules. Back in 2009 their rules were scattered, siloed, hidden in requirements documents and in different formats (from code to if/then statements to long verbose notes). And even though they tried to focus on rules, [...]

Read the full article →

Speaking at the Bay Area Metrics User Group

May 25, 2010

[ June 2, 2010; 6:00 pm to 8:00 pm. ] I am speaking at the Bay Area Metrics User Group (MUG) and Metrics Special Interest Group (MSIG) meeting on Performance Management & Agility – Wednesday June 2 3, 6-8pm.
Significant investments have been made in performance management systems that purport to enable organizations to manage better [...]

Read the full article →

First Look – Modellica Decision Engine

May 20, 2010

I got an update on Modellica’s Decision Engine recently. I was referred to Modellica by the folks at GDS Link who use the Modellica rules capability in their DataView 360 product. Modellica is a European rules and decision management solution with 20 or so projects for 10 clients (one in the US, the rest in [...]

Read the full article →

Flexible yet permanent – the power of business rules

May 18, 2010

Syndicated from ebizQ
Sapphire, SAP’s big show, is on this week and I have been following the twitter stream (I was invited but couldn’t make it). Merv Adrian (@merv) had a sequence of posts about some SAP customers (Shell and Unilever) that really struck me:

Shell … “Once you pour electronic concrete, it’s hard to get out.”
Unilever: [...]

Read the full article →

Accenture’s new risk practice

May 13, 2010

I followed up with Steve Culp of Accenture about their announcement of a new Risk Management practice earlier this year. Obviously Accenture has been doing risk management for a long time but they have now brought together people who were already working in this space in different verticals and in their information systems practice as [...]

Read the full article →

Silverlink update

April 21, 2010

I did some work with Silverlink some time ago and was really impressed by their use of decision management to improve the communication of health plans and others in the healthcare space with members and patients. I got a chance to catch up with them recently to discuss progress and their use of adaptive control [...]

Read the full article →

What exactly does real-time sense-making mean

April 13, 2010

Jeff Jonas of IBM had a great post on Some Organizations Will Be Smarter-er Than Others recently in which he discussed his “obsession with real-time sensemaking systems”.
Now I like the phrase and, in the context of real-life, it is clear what it means. But for a business, what does it mean?
Well sometimes it means [...]

Read the full article →

Business rules, decision making and IT

March 30, 2010

When I blogged about Jim Sinur’s session “Business rules are king” at the Gartner BPM Summit I provoked a very thoughtful response from Tom Graves – On business rules. While Tom strongly agreed with the basic implication that organizations need discipline around business rules he identified three concerns, all of which seem to me to [...]

Read the full article →

Analytic Journeys #pawcon

February 19, 2010

Here’s my presentation from Predictive Analytics World, reproduced with permission from Predictive Analytics World and Rising Media.Analytic Journeys from Predictive Analytics World

View more presentations from Decision Management Solutions.

Read the full article →

Is your legacy modernization program just “forward to the 70s”?

February 4, 2010

Syndicated from ebizQ

Phil Murphey, over at Forrester, had a post on  Apps Modernization – What are Your Top Priorities in 2010/11? that reminded me I wanted to write about modernization a little before the year got too far advanced. As Phil says the coming years are going to be really interesting:
Leading edge technologies will become [...]

Read the full article →

A predictive enterprise

December 18, 2009

Syndicated from ebizQ
I was reading an old SPSS presentation the other day and found a great definition of a Predictive Enterprise:
A predictive enterprise:

Derives maximum value from its data assets
Understands its business by gaining deep insight
Leverages advanced analytics to predict outcomes
Turns this knowledge into action to optimize decision making across all areas of its operations

I [...]

Read the full article →

Some new white papers

December 10, 2009

I have added a couple of new white papers to my company site – check out the decisioning white papers page where you can register and download them.
The first is called “Smarter Systems for An Uncertain World” and is similar in concept to the keynote I gave at the Business Rules Forum: In an increasingly [...]

Read the full article →

Webinar: Capture your complex business rules by asking pragmatic questions

October 23, 2009

[ November 17, 2009; 10:00 am to 11:00 am. ] The sixth webinar in the series. Decisioning rules can come by the hundreds or thousands.  These rules often involve large number of criteria. How do you capture that many business rules with so many variations without going crazy?  This presentation outlines a pragmatic approach based on developing business questions to create complex decision tables.  These [...]

Read the full article →

SAP Executive Q&A – #sapteched09

October 13, 2009

Here at SAP Tech Ed 2009 and my first session is an executive Q&A. First up was some discussion of the day’s announcements:

Extension of engagement with HP, integrated Neoview with Business Warehouse so customers can combine Business Objects and Neoview. as well as extending the services relationship (obviously important given HP’s acquisition of EDS).
SAP EcoHub [...]

Read the full article →

Some thoughts on rules, decisions, agility and more

October 9, 2009

Syndicated from ebizQ
I got an interesting comment on my recent post about the top 4 concerns of CIOs.
Joanne makes a number of points in her comment that I thought should be addressed:
a business rules engine is not nearly enough. What is needed instead is a means to model manage and measure the impact of a [...]

Read the full article →

← Previous Entries

Next Entries →