decision model

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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Some thoughts on decision terminology

January 30, 2012

An interesting thread over on LinkedIn got into a discussion of terminology and I thought I would share my opinion on this here:

Decision Management is an approach for supporting, automating, managing and improving decisions.

Decision Management Systems are systems that automate and manage repeatable decisions.
Decision Support Systems support people manage decisions, both repeatable and one-off.

To build [...]

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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 – OpenRules Decision Management System

April 22, 2011

As promised when I was blogging from the Object Management Group standards meeting, I caught up with OpenRules recently. OpenRules was founded in 2003 by people who had previously developed a business rules management system. Their immediate focus was on business analysts and on empowering subject matter experts to build business rules with minimal IT [...]

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The goal of a Decision Model and Notation Standard

March 29, 2011

Last week I posted from an Object Management Group standards meeting on efforts to develop a Decision Model and Notation standard. You can see my kick-off presentation and the table of contents in the first post of the sequence – OMG Decision Model Notation – Importance of Decisions. In response to this sequence one of [...]

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Discussing a proposal for a decision modeling notation

March 23, 2011

Warning –this is a post about a standards process so there are a fair number of abbreviations – I tried to describe the key ones.
There is a large community of users of business rules management systems, with thousands of large companies using them to automate and improve decisions. In addition, there is a strong sense [...]

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OpenRules and Decision Modeling

March 23, 2011

Jacob Feldman presented to the Object Management Group Decision Modeling Notation meeting on OpenRules – an open source “decision management system”. Jacob argues that OpenRules is a Decision Management System for a number of reasons – besides having a rule engine and a rule engine it also supports automated rule discovery, predictive analytics, an optimization [...]

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CEP and Decision Management

March 23, 2011

Paul Vincent of Tibco presented to the OMG Decision Modeling Notation day on the impact of event processing and real-time event handling on decision management. In particular the increasing need for true real-time, almost snap decisions. Tibco sees demand for these kinds of decisions across banking and trading, supply chains, telecommunications and more. Paul used [...]

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Extracting logic from legal documents

March 23, 2011

The Rule Management Group presented next to the OMG meeting on Decision Model Notation. The Rule Management Group is a Dutch firm focused on how to extract business logic from various sources when building decisions – especially on how to extract logic from text documents. They typically work with legal documents and legal experts to [...]

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RuleGuide for managing decisions and rules

March 23, 2011

Lee Lambert of New Wisdom Software presented on his RuleGuide product (see my first look on RuleGuide) to the group considering a Decision Modeling Notation for the Object Management Group. Lee initially focused on the typical complexity that comes when working with Business Process Management and Business Rules Management. Most projects started with a large [...]

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Decisions in IBM WebSphere/ILOG BRMS

March 23, 2011

Christian de Sainte Marie from the ILOG group at IBM presented to the OMG Decision Model Notation day on the role of decisions in the ILOG Business Rules Management System. Christian started by describing a BRMS (see my brief on what is a BRMS) and the ILOG BRMS in particular. He drilled down a little [...]

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The KPI Decision Model

March 23, 2011

Barb von Halle and Larry Goldberg from KPI and one of their clients presented to the Object Management Group session on the KPI Decision Model (Barb recorded a webinar on the Decision Model for me some time back). KPI has been working on the Decision Model for some time and published a book on this [...]

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Jan Vanthienen on Decision Tables

March 23, 2011

Jan Vanthienen of the University of Leuven presented to the Object Management Group’s session on Decision Modeling Notation. He began by discussing how business processes need flexibility and this means you cannot hard code rules and decisions in your processes – processes often don’t change even when the decisions within them do. Rule Tasks in [...]

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Paying for rules by the rule with IDIOM

April 20, 2010

I have blogged about the folks at IDIOM before and I recently heard that they are making IDIOM Decision Manager available under a new free/very low cost price plan. Not a trial or test plan, but a real pricing model that supports commercial development and full ownership of generated code at what can only be [...]

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Business processes and decisions – an emerging consensus?

January 21, 2010

Bruce Silver wrote a couple of interesting posts on this topic – Integrating Process and Rules – Part 1 and Part 2. Reading Bruce’s posts, and thinking back on the various posts I have written about business process and business decision management (Risks of pursuing BPM without decisioning, Adding decisioning to your BPM initiative or [...]

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The Decision Model and business rules

November 2, 2009

Syndicated from ebizQ
The new book from Barb von Halle and Larry Goldberg, The Decision Model: A Business Logic Framework Linking Business and Technology, is now available. This book outlines an approach for capturing and managing the business rules you need to understand in order to implement a Decision Service. It complements the use of a [...]

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Webinar: The Decision Model – Empowering Decision Management

September 24, 2009

[ October 21, 2009; 10:00 am to 11:00 am. ] The fourth webinar in the series. In order to implement Decision Management effectively, we need to be able to identify and manage the business logic (i.e. the business rules) underlying business decisions. It soon becomes apparent that classical methods of gathering and managing business rules (i.e. by natural language) do not scale to support Decision [...]

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A message for the application developer in the mirror

July 7, 2009

Syndicated from ebizQ
Mike Gualtieri is always interesting over at the Forrester Blog For Application Development & Program Management Professionals. This week he has a post called Do Application Developers Need To Change Their Ways? In the post he asks developers to look at the person in the mirror (he’s been listening to Michael Jackson’s song [...]

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First Look – New Wisdom RuleGuide

April 23, 2009

New Wisdom was founded in 2006 (as a spinoff of Lambert Consultants) to develop software for managing business source rules. The product, RuleGuideTM, is designed to capture metadata about the rules and to support discovery and analysis of rules in projects adopting a business rules management system (BRMS). They see this as about 65% of [...]

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First Look – IDIOM Decision Manager

April 16, 2009

I got an update from the folks at IDIOM recently. The founders say they got started with data modeling in the early 80s and realized this could not deliver model-driven development because the whole process thing did not work. By the 90s they had found an approach that worked as a model-driven approach but the [...]

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