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decision logic

First Look: FlexRule

FlexRule is a .Net business rules environment from Pliant Framework. The team began development on a free product in 2007 and commercialized the product in 2010 by founding Pliant Framework a product and services company. The product has a runtime, designer, repository (vault) and server. The product is under active development with releases happening regularly. [...]

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 [...]

Legacy systems remain critical to many (most) organizations and so legacy modernization is still a hot topic (which is why we have this recording of a webinar on legacy modernization we did with our partner TechBlue). With that in mind, as at is has been a while since I blogged on this topic, I thought I would [...]

Welcome to Part Two  of my interview with Jan Purchase, Director and Co-Founder of LuxMagi (Part One of the interview is here). Lux Magi are experts in helping their clients automate complex, legal and regulatory compliance processes using business rules technology and decision management.  Jan and I gave a webinar on Agile and Cost Effective Financial Compliance: Going [...]

In this series so far we have discussed a number of standards - R, PMML and Hadoop - that are well established. There are also some future developments that are worth considering—the emergence of the Decision Model and Notation standard, growing acceptance of Hadoop 2 and planned updates to PMML specifically. As regular readers of [...]

We recently released The Decision Management Manifesto. In previous posts I explained why we did this and why decisions are important. This week I want to talk about the technologies involved in Decision Management. Most organizations will find that adopting Decision Management requires them to adopt some new technologies. Managing and automating business decisions is different [...]

As I announced earlier in the week, the Decision Model and Notation specification is now (barring a few technicalities) a Beta specification at the OMG. While members can get access to the submission, non-members would normally have to wait a few more weeks. With the permission of the other submitters, however, I have posted it [...]

I am going to be participating in Decision Camp 2013 in San Jose, November 4-6. I will participate in the newcomers track on the Monday, helping to introduce the basics of Decision Management and then I will help open the main day on the Tuesday. Monday's session is 3-5pm: The Decision Management Journey Decision Management [...]

Version 3 of our widely read report on Decision Management System platform technologies is now available. Many thousands of people have downloaded this report since we started publishing it - remember it is free to download and share. This release contains a large section on use cases, giving lots of examples of Decision Management Systems and [...]

I am often asked about the difference between decision support systems and decision management systems. This is an interesting topic and one that is central to the value proposition of decision management systems so I thought I would revisit it. All decisions involve a choice, a selection of a course of action from a set [...]

We recently updated our popular Decision Management Systems Platform Technologies Report for 2012. Available online or as a downloadable PDF, this report is the most comprehensive description of the technologies available for building Decision Management Systems. It covers business rules and Business Rules Management Systems, data mining and predictive analytics workbenches, optimization suites and solvers as [...]

First Look – Inkiru

I caught up with a local real-time decision making start up recently called Inkiru. Inkiru’s mission is to revolutionize real-time decision making by using the increasing volumes of data available to drive both insight and action. The core team is ex-Visa, PayPal, eBay, Chase, amazon with a focus in payments, fraud detection and security. The [...]

Neil Raden of Hired Brains recently published a new report - "BI is Dead! Long Live BI! Making the Transition From Data to Decisions". Neil and I go back a ways - he and I wrote Smart Enough Systems: How to Deliver Competitive Advantage by Automating Hidden Decisions, the first book on Decision Management, back [...]

I thought I would re-run a top 10 list from a while ago - an oldie but a goodie - on the top 10 excuses for not adopting business rules and a Business Rules Management System. #10 - We tried before and got no results There are two root causes for this excuse - over-hyping [...]

There's still time to register for the 2-day workshop in Europe next month. This covers the essentials of Decision Management, the effective use of business rules and Business Rules Management Systems and the role of analytics: Berlin - June 4/5 - Register here. The class covers: An introduction to Decisions and Decision Management Categorizing and identifying [...]

Progress Corticon Business Rules Management System (BRMS) v5.2 was delivered in February and focused on key enhancements for natural language support, mobility, and Progress Software integration.  Since the first version nearly a decade ago, Corticon has focused on offering easy-to-use tools to express and manage decision making logic.  The Corticon business rules expression language is [...]

The early bird pricing on our 2-day workshop in Europe expires this week. This workshop cover the essentials of Decision Management, the effective use of business rules and Business Rules Management Systems and the role of analytics: Berlin - June 4/5 - Register here. The class covers: An introduction to Decisions and Decision Management Categorizing and [...]

Sapiens has been around for over 25 years developing technology solutions around business rules and model-based development, specifically in financial services and insurance. Established in 1982 and NASDAQ traded, they have $100M in annual revenues post a couple of recent mergers. They have over 750 employees in US, Canada, UK, Japan, Australia, Belgium and Israel. [...]

I am giving a 2-day workshop on the essentials of Decision Management, the effective use of business rules and Business Rules Management Systems and the role of analytics in Europe this June: Berlin - June 4/5 - Register here. Organizations must understand how to identify and classify decisions and how to assess the potential for [...]

Some time ago I got a pre-release copy of Knowledge Automation: How to Implement Decision Management in Business Processes, Alan Fish’s new book on the analysis and design techniques of decision management. I was delighted to write a foreword for Alan and with the arrival of a printed copy I wanted to extend this with [...]