decision

Managing Decision Logic in Decision Management Technologies

March 8, 2012

As regular readers know, 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 areas is [...]

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Overlapping Decision Management Technologies Product Categories

March 6, 2012

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.
One of the challenges is that multiple product categories exist in the market for the capabilities we discuss in the report. These product categories often overlap.

While there are many Business Rules Management Systems [...]

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First Look – EigenDog

March 5, 2012

EigenDog was founded in 2011 and launched their service for scalable predictive modeling in December 2011. Their objective was to provide scalability in machine learning. As we are all aware these days, more data tends to result in better predictive analytic models while better models can result in better business results. EigenDog’s perspective is that [...]

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First Look – Predixion Insight 2.0

March 1, 2012

I got an update from Predixion Software recently. Predixion, as I have blogged before, was founded in 2009 and is focused on disrupting the predictive analytics market by making it easier to build and deploy predictive analytics. Their core belief is that success with predictive analytics is going to require the broadening of the range [...]

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Decisions, rulesets and business rules revisited

February 28, 2012

Some time back I wrote Here’s how decisions and rules relate (and how to manage them) and it seemed to me that this could do with being repeated with small updates.
One of the questions I get often is around how decisions and business rules relate. Business rules are, after all, one of the core technologies for [...]

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New Report on Decision Management Technologies – The Four Capabilities

February 28, 2012

As regular readers know, 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. The core of this version of the report is the description of four aspects of building a Decision Management System that drive organizations to adopt new, Decision Management [...]

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Business Analytics in Action at SAS

February 27, 2012

This session is focusing on three specific functional areas – customer intelligence, financial crimes/fraud and risk management.

Customer Intelligence
The landscape of Customer Intelligence involves the growth of empowered consumers thanks to the proliferation of channels, the explosion of data and the evolving CMO role as they have to balance analytical and creative. SAS’s vision is to [...]

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Register for our European webinar series – starts this week

February 27, 2012

To make our webinars more accessible to our European friends we have three webinars scheduled for a 16:00 CET in the coming weeks. The three are:

An Introduction to Decision Management February 29
 The use of Business Rules in Decision Management Systems March 14
The use of predictive analytics in Decision Management Systems April 11

You can register for [...]

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Enabling Business Analytics at SAS – Decision Management

February 27, 2012

For me the most interesting piece now – how SAS sees Decision Management and operational decisions. This involves a new product coming soon – SAS Rules Studio – as well as continued innovation around workflow, analytic model management and more. A great demo kicks it off with business rules in a tabular layout as one [...]

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Enabling Business Analytics at SAS – High Performance Analytics

February 27, 2012

High Performance Analytics first. As already noted this is a key focus area for SAS.  The three pillars, remember, are:

Grid Computing
Allocating out analytic tasks to multiple processors and cores in a managed fashion.
In-Database Analytics
Using database servers for analytic computing to minimize data movement and improve performance.
In-Memory Analytics
The key area in many ways for highest end [...]

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First Look – GDS Link Update

February 20, 2012

I got an update on GDS Link recently, having last written about them in 2010 (see this First Look on GDS Link). Since 2006 they have been helping banks and other credit issuers to build custom, tailored, customer-centric risk applications.
DataView 360, the core product, was designed to address what they regard as the key problem [...]

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First Look – FICO Model Central

February 16, 2012

FICO Model Central is the latest addition to FICO’s Decision Management platform and is focused on lifecycle management of predictive analytic models in the context of an overall Decision Management implementation. The original driver was a growing regulatory requirement in the banking industry to have a regular cycle of model validation and monitoring of predictive [...]

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First Look – USoft

February 14, 2012

USoft has been a vendor in the Decision Management space for a while. They started as Comtecno in 1986, become part of Unisys in 1995 then Ness Benelux in 1999 before returning to their current status as an independent Dutch software company in 2010 as USoft B.V. The software has had a much more consistent [...]

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Here’s how to learn more about Decision Management Systems Platform Technologies

February 13, 2012

We are closing in on the first release of our definitive report on platform technologies for Decision Management Systems. We expect to make the first version available early next week (once we have completed a few production steps). This will provide an overall architecture for these technologies, describe the core product categories (Business Rules Management Systems, [...]

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First Look – Zoot

February 9, 2012

Zoot was founded in 1990 and has been providing hosted decision management solutions since 1992. With a focus on financial services, Zoot’s clients include 3 of the top 5 U.S. banks and they work with clients of all sizes and across all lines of business.  Instant credit decisioning is one of their critical offerings, but [...]

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Live Event: Improving customer service with BPM and decision management (New York)

February 8, 2012

[ March 21, 2012; 6:00 am to 7:00 am. ] I have been speaking at a series of IBM events last fall and this spring focused on “Improving customer service with BPM and decision management“. The third is in New York, NY on March 21st and the main session starts at 9am ET. I will be kicking off the session with “BPM and Decision Management [...]

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New webinar series for those in Europe (or on the East Coast)

February 8, 2012

Working with our European partners (BCS), Decision Management Solutions has scheduled a series of three webinars at 7am Pacific/10am Eastern/16:00CET. Designed to be  live events that work for those in Europe, this is a foundation series on three core topics – Decision Management, Business Rules and Predictive Analytics. There is no restriction on attendance – [...]

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Workshop: Decisions and Decision Management (Berlin, Germany)

February 8, 2012

[ June 4, 2012 to June 5, 2012. ] I am giving a live 2-day workshop in Berlin, Germany this summer on Decisions and Decision Management.

Organizations must understand how to identify and classify decisions and how to assess the potential for business rules and analytics to support and improve those decisions. They need to understand the available technologies and approaches and the long and [...]

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First Look – Oracle Advanced Analytics

February 8, 2012

Oracle Advanced Analytics is a new Oracle database option (announced today) that bundles Oracle R Enterprise and Oracle Data Mining (reviewed previously). With this release, R becomes a first class native interface for the Oracle database along with SQL and the graphic interface that ships with Oracle Data Mining.  This allows analytic modeling code to [...]

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Webinar: The use of predictive analytics in Decision Management Systems

February 7, 2012

[ April 11, 2012; 7:00 am to 8:00 am. ] This webinar is at 7am PT, 10am ET and 16:00 CET to support our European customers.

To ensure that Decision Management Systems are analytic and adaptive you must embed the results of data mining and predictive analytics in them. In this webinar you will learn what can be discovered using data mining and predictive analytic techniques [...]

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