decision management system

Business Rules, Decision Management and ASUG

May 14, 2012

I do a lot of work with companies and organizations adopting business rules and Business Rules Management Systems (BRMS) such as BRFplus and NetWeaver BRM. I wanted to share two things (as I head off to Sapphire/ASUG).
First, I often find that when organizations start with business rules they begin by just trying to capture business [...]

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IBM IMPACT Day 2 Keynotes

May 1, 2012

Johan Gerber of MasterCard kicked things off on day 2. MasterCard does not actually issue the cards with their logo on, they are a technology company that provides a network to link consumers, 32,000,000 businesses and 22,000 card issuers. The network is very high performance, handling 100 pieces of information and processing each transaction in [...]

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IBM IMPACT 2012 Opening Keynotes

April 30, 2012

After a great introductory session from Walter Isaacson (biographer of Einstein, Franklin and Jobs), we kicked off the main session at IBM’s largest IMPACT conference with over 8,500 attendees with a focus on re-thinking IT.
Marie Wieck started by discussing how core applications are changing. IBM claims that $5Trillion run on IBM hardware. These systems must [...]

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Decision Management, IBM IMPACT and becoming an IBM Champion

April 25, 2012

I have been going to IBM IMPACT for a couple of years now. This year’s event is just around the corner – it starts on Sunday – and I am particularly excited about this one. While it’s not the first at which I have spoken, nor the first where there have been sessions on Decision [...]

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First Look – Progress Corticon Update

April 24, 2012

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 [...]

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First Look – Skytree Server

April 17, 2012

Skytree is singularly focused on advanced analytics, machine learning on massive datasets. They have been in development for several years and are based in Silicon Valley (with engineering teams there and in Atlanta) and the product was officially launched in 2012. They believe that machine learning will be at the core of solutions for big [...]

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First Look – Sapiens DECISION

April 12, 2012

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. [...]

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Decision Management and the 4Ds

April 10, 2012

A recent new twitter follower had an interesting post on his blog back in 2010 - The 4Ds “Detect, Derive, Decide and Do. I liked the description of this pattern and as it is a common one for Decision Management Systems I thought I would make a couple of quick comments:

The Derive piece of this pattern [...]

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First Look – BigML

April 10, 2012

While there are many machine learning packages out there, BigML is trying to make them usable by people with just a little experience – to improve the learning curve of machine learning techniques. At the same time they also address the scale challenge as Gigabytes of data override the traditional algorithms. Their product is therefore [...]

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Webinar: Predictive Analytics at the Speed of Business

April 4, 2012

[ May 3, 2012; 10:00 am to 11:00 am. ] I am giving a webinar with Dr Alex Guazelli of Zementis on Predictive Analytics at the Speed of Business: How decision management and a real-time infrastructure get predictive analytics where and when you need them.

Organizations are looking to maximize the value of their analytics investment. They need to accelerate the deployment process, reduce costs and get [...]

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Decision Management boosts AP performance

April 3, 2012

There was an interesting little article on the Institute of Financial Operations site last week – In relentless pursuit of productivity: Index tracks traits of best-in-breed AP operations. This reported on some results from the Accounts Payable Productivity Index study. What struck me about this was the role of automated decision-making (using business rules) among [...]

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First Look – Rapid-I

March 27, 2012

Rapid-I provides open source software for predictive analytics, data mining and text mining. Incorporated in 2006, they are based in Dortmund Germany and have been working on RapidMiner since 2001. They have over 35,000 production deployments and more than 400 customers in 40 countries. Banking and financial services is their largest market followed by Pharma [...]

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Live Event – Sapphire: Flexible, Easy-to-Change & Rock-Solid Apps with BRFplus

March 26, 2012

[ May 16, 2012; 1:15 pm; ] I am co-presenting at SAP’s Sapphire/ASUG event this year on “Building Flexible, Easy-to-Change and Rock-Solid Applications with BRFplus Decision Services” with Carsten Ziegler, author of a great book on SAP’s rule engine BRFplus.
SAP ABAP business applications can be rightly described as high performance, robust and rock-solid. Making them also flexible and easy to change is a [...]

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Live Event: IBM IMPACT – Decision Management Trends

March 26, 2012

[ May 1, 2012; 10:45 am to 12:00 pm. ] Session 2750 at IBM’s IMPACT this year is titled “Decision Management Trends with Author and Thought Leader James Taylor”. I will be discussing Decision Management, how to build Decision Management Systems and more. UPDATE: I will be joined by a great panel of technical architects who will answer your questions on Decision Management:

AVP/Product Mgr & [...]

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Live Event: IBM IMPACT – From Business Rules to a Decision-Centric Organization

March 26, 2012

[ April 30, 2012; 3:45 pm to 5:00 pm. ] Session 2420 at IBM’s IMPACT is titled “From Business Rules to a Decision-Centric Organization” and is being presented jointly by me and a client of mine – Gagan Saxena of Apple Vacations.
Apple Vacations is expanding its B2C business by improving consumer experience, adding intelligent personalization and dynamically creating product packages – a dramatic shift from [...]

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Live Event: IBM IMPACT – Book Signing

March 26, 2012

[ May 1, 2012; 12:00 pm to 1:00 pm. ] The folks at IBM Press have asked me to sign copies of “Decision Management Systems: A Practical Guide to Business Rules and Predictive Analytics” at IBM’s IMPACT event this year. I will be at the bookstore from noon to 1pm on May 1. Bring a copy by to have it signed or buy one at [...]

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Can good decisions have bad outcomes?

March 22, 2012

There was an interesting discussion on LinkedIn recently – A good decision is the same as a good outcome. True, False, or “I don’t know? This illustrates one of the key challenges in Decision Management Systems – because good decisions can have bad outcomes.
This can seem counter-intuitive. After all if a company makes a strategic decision, [...]

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Decision Management Systems Platform Technologies online now

March 20, 2012

Our new report on Decision Management Systems Platform Technologies has been available for download for a while now and thousands of you have downloaded it. To make it even easier to access (the PDF does not require a registration even) we have made it available online in the main report webpage – just scroll down [...]

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Optimization and simulation in Decision Management Technologies

March 15, 2012

As you probably know by now, we have released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. This version of the report focuses on four key areas (outlined in the webinar we gave recently and available in our archive here). One of these [...]

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Embedding predictive analytics in Decision Management Technologies

March 13, 2012

We recently released the first version of our Decision Management Systems Platform Technology report. This report is available free for download from http://www.decisionmanagementsolutions.com/decision-management-technology. This version of the report focuses on four key areas (outlined in the webinar we gave recently and available in our archive here). One of these areas is embedding predictive analytics. For [...]

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