governance

Analytics Keynote #iod11

October 24, 2011

Deepak Advani kicked off the first day’s analytics keynote by noting the number of different analytics communities that are now part of IBM – Cognos, SPSS, Algorithmics and more. Analytics, he says, is a broad change that is just beginning and will impact everyone. Rob Ashe followed and made the point that the opening keynote [...]

Read the full article →

First Look JBoss Enterprise SOA and BRMS 5.2

October 12, 2011

I got an overview of JBoss’s new intelligent, integrated enterprise approach as well some of their new product announcements. They are adding new data services, BPEL support, productizing their event/rules combination and adding some new connectivity elements.
The world has obviously changed in the last few years. The fully automated processes of the past, JBoss feels, [...]

Read the full article →

First Look – IBM’s Next Step in Decision Management

October 6, 2011

IBM is announcing a new product and product positioning today. With the tag line “Turning Automated Decision Management into Real-time Operational Advantage” they have announced WebSphere Operational Decision Management.
This new product is an evolution of the market-leading business rules management system, WebSphere ILOG JRules BRMS, united with IBM’s WebSphere Business Events. It brings business rules [...]

Read the full article →

Book Review – Agile Business Rules Development

October 4, 2011

Decision Management can only succeed if the business rules for decisions can be effectively managed. Effective management must involve both business and IT organizations. There must be alignment and collaboration if the business rules are to be managed correctly. Indeed empowering this collaboration is the primary value of a business rules management system. Yet most [...]

Read the full article →

Pervasive BI: Top Factors for Success

September 19, 2011

Brian McDonough of IDC talked about the drivers for pervasive BI in organizations. He identified various metrics for measuring pervasiveness. Each of these could be assessed (from beginner to expert for instance) to see how well an organization is doing.

Data Update Frequency
Percent of Power Users
Degree of Internal Use
Degree of External Use
Analytical Orientation
Number of Domains

IDC found [...]

Read the full article →

First Look – IBM InfoSphere

August 3, 2011

I got an update on IBM InfoSphere recently. InfoSphere handles information integration, master data management, lifecycle management, privacy and security, warehousing, big data (as described here in a previous post on IBM’s Big Data platform).
Independent integration is the challenge that IBM sees as being at the heart of data and information management. They define integration [...]

Read the full article →

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 [...]

Read the full article →

IBM and delivering differentiated client value

June 1, 2011

IBM clearly realizes that people, process and technology all must go together to deliver value. This means that clients need both software and services and was the subject of this next session.
Business Analytics and Optimization is a segment that crosses hardware, software and services at IBM. IBM is committed to growing this business from over [...]

Read the full article →

IBM Analytics customer stories

June 1, 2011

A number of customers participated in a panel of analytics success stories. Each one was interesting and powerful in its own right and each prompted a Decision Management suggestion for someone at that stage in developing and deploying analytics.
Argos Risk is a web-based online subscription risk management service. Argos offers actionable risk insight for business [...]

Read the full article →

Role of Business Intelligence in process improvement

April 29, 2011

Bill Gassman spoke on the role of Business Intelligence – BI – in process improvement. Bill means “big BI” – everything to do with intelligence about your business, the discipline of BI and analytics, not just a “BI” product. The road to intelligent operations he says has “haves” and “have nots” – some have BI [...]

Read the full article →

The BPM Scenario

April 29, 2011

Janelle Hill talked about the BPM Scenario and the role of BPM in creating intelligent operations. She had three things to cover – why is BPM more important than ever, business optimization and where to go next.
First, she reminded us of some key elements of BPM from Gartner’s perspective:

BPM involves a focus on processes as [...]

Read the full article →

Managing (and automating) scattered policies

April 21, 2011

Michael Rasmussen had a great post recently – Hordes of Policies Scattered Across the Organization – in which he had a great list of the challenges with risk management policies. Now Michael’s view of Governance Risk and Compliance (GRC) is a little different than mine but he is spot on with this list of issues. [...]

Read the full article →

Nationwide Implements a Business Rules Solution to Improve Financial Processes Across the Enterprise

April 12, 2011

Three folks from Nationwide Insurance introduced their ILOG business rules implementation. Nationwide is one of the largest insurance and financial services companies with multiple brands offering products in property and casualty, mortgages, lines of credit, retirement plans and more. They are 124 on the Fortune 500, 16M policies and 32,000 staff. This project focused on [...]

Read the full article →

IBM IMPACT 2011 Day 2 Keynotes

April 12, 2011

Steve Mills kicked off day 2 to talk about the kind of IT architecture that supports business agility. Your IT architecture, he says, must enable business processes run reliably and securely across application silos. Business must own their processes and their data, not have them be subsumed into siloed packaged applications. IT must enable these [...]

Read the full article →

IBM Business Process Manager 7.5

April 12, 2011

The new Business Process Manager 7.5 brings together the WebSphere Lombardi Edition and WebSphere Process Server in a single go-forward product. IBM wanted to bring the power of the WPS runtime and the simplicity of the Lombardi platform while significantly improving design time governance and end to end  visibility. The new product has:

Process Server
The evolution [...]

Read the full article →

SAS Vertical Strategy

March 7, 2011

Focus of the presentation from Russ Cobb was Banking, Insurance, Retail and Government.
Banking first. Lots of releases this year primarily around Enterprise Risk Management, Governance Risk Compliance, Customer intelligence, fraud and financial crime solutions. Key customer issues for SAS in banking:

Customer Growth
How do you identify, grow and manage your most profitable customers. Big focus for [...]

Read the full article →

Fiserv are looking for a Decision Management Architect

March 3, 2011

A client of mine – Fiserv in Norcross GA – is looking a Decision Management Architect. This individual will be required to:

Partner with Fiserv Business Units and 3rd parties/partners to lead and facilitate the definition of a robust & scalable technical architecture foundation for the solution that would meet business requirements and vision of the [...]

Read the full article →

Decision Management and Insurance – Business Optimization and Governance

February 24, 2011

Strategy Meets Actions’ research reports that insurers have tens, hundreds, even thousands of initiatives. To achieve these goals, aligning the business and IT is critical, as is setting the right priorities, and ensuring technology investments support these priorities.
Decision Management focuses on the key business decisions, and moves away from a focus on functional processes and [...]

Read the full article →

Decision Management and Insurance – A Series

February 10, 2011

Insurers face new and growing challenges as the market moves into recovery in 2011: more delivery channels, demographic shifts, a changing competitive landscape and a rapidly evolving regulatory and compliance environment. Many insurers are faced with meeting this challenges hampered by inflexible legacy applications, underutilized data from internal systems and external sources, and manual spreadsheets [...]

Read the full article →

Accenture’s new risk practice

May 13, 2010

I followed up with Steve Culp of Accenture about their announcement of a new Risk Management practice earlier this year. Obviously Accenture has been doing risk management for a long time but they have now brought together people who were already working in this space in different verticals and in their information systems practice as [...]

Read the full article →

← Previous Entries