≡ Menu

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. [...]

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 [...]

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 [...]

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 [...]

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 [...]

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. [...]

FICO made a series of announcements today at FICOWorld 2016. The event kicked off with a fun retrospective of the 60 year history of FICO. Bill Fair and Early Isaac founded the company in 1956 to use data and analytics to improve decision-making. This focus has not changed really in all the years since - FICO is still [...]

I am giving a webinar with Justin Philips of BP-3 on Getting Started With Decision Management Webinar, Tuesday May 24 at 8am Pacific/11am Eastern Join two leaders in the decision management field as they discuss using decision management in process. Key topics that will be covered: The difference between process rules and decision management Where to find [...]

Lisa Kart and Roy Schulte recently published a new research report Develop Good Decision Models to Succeed at Decision Management (subscription required). This is the first piece of formal research published by Gartner on decision modeling. Their introduction text says The industry trends toward algorithmic business and decision automation are driving wider adoption of the decision management [...]

I am faculty member of the International Institute for Analytics and Bob Morison has recently published some great research (to which I made a very modest contribution) on Field Experience In Embedded Analytics - a topic that includes Decision management. If you want access to the full research you will need to become an Enterprise Research [...]

I am co-hosting TDWI's Solution Summit on Business Innovation through Analytics and Big Data Architectures with Philip Russom, April 10-12 in Savannah, GA Business, analytics, and big data are colliding to create new and innovative ways of running a business, regardless of organizational size or industry. From one direction, organizations are collecting data from new sources, [...]

I am going to be the featured speaker at BP-3's BPM Camp London on March 31. The event starts at 1pm local time and runs into an event event: Welcome & Introduction to Digital Transformation Introduction to Smarter Process & Real World Examples Importance of User Interface in BPM Adoption Four Pillars of Operational Excellence and the [...]

One of the fun things going on over at the Decision Management Community is a series of challenges based on various real or real-ish problems. For each the site encourages folks to develop and submit a decision model to show how the problem described could be solved. This month there was one on Port Clearance Rules [...]

The Call for Speakers is open for DecisionCAMP 2016 until April 1st. This year DecisionCAMP will be hosted by the International Web Rule Symposium (RuleML) on July 7, 2016 at Stony Brook University, New York, USA. This event will aim to summarize the current state in Decision Management with a particular focus on the use of the Decision Model and Notation (DMN) [...]

First Look – ACTICO Rules

I got an update from a new player in the decision management market today - ACTICO. They aren’t really new, though, as they are using the Bosch SI business rules management system, Visual Rules (last reviewed by me in 2010). The Visual Rules business has been split with Bosch SI focusing on IoT and manufacturing and ACTICO focusing [...]

Jan Purchase of LuxMagi and I are working away on our new book, Available now! Real-World Decision Modeling with DMN and I wanted to take a moment to talk about why Jan and I are the right people to be writing this. Our aim is to provide a comprehensive book that explains decision modeling as well as the DMN standard and [...]