Posts tagged as:

optimization

Live from InterACT – Using Risk Applications to Drive Growth

April 28, 2008

Next up Discover and Fair Isaac talking about Discover’s Enterprise Decision Management initiative. Dave Wodall from Discover co-presented with Xun Shao of Fair Isaac. Discover use Blaze Advisor (rules), Model Builder (analytics) and Decision Optimizer (portfolio optimization). Discover was launched in 1985 and, like Amex, has both the network and the consumer relationship. 50M members, [...]

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Some thoughts on Adaptive Decision Management

April 22, 2008

Paul Haley wrote an interesting piece last week on Adaptive Decision Management. This is a really good piece and I highly recommend it. I do have a couple of things to add, however.
While Paul is correct that Fair Isaac did not talk about “decision management” until after the HNC merger, Fair Isaac had a long [...]

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After EDM – some thoughts on technology

April 10, 2008

Some time ago a regular reader, Dave Wright, left a   comment on a blog post I wrote as a guest. In it he asked “What comes after EDM?”. This, of course, is both an interesting and a difficult question. Thinking about it I decided to split it into two parts – one about technologies [...]

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Check out the new Forrester report on Business Rules

April 9, 2008

John Rymer and Mike Gualtieri of Forrester have just published the Business Rules Platforms Wave for 2008 (you can get it here as part of your Forrester subscription or for about $800). The folks at Forrester do a pretty thorough job of reviewing platforms for these Wave reports – actually getting vendors in to work [...]

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Live from IMPACT – End to End Process Visibility

April 8, 2008

Last session for me today, indeed the last session before I go home, is Janelle Hill of Gartner and Kramer Reeves of IBM on improving agility through end-to-end process agility. Janelle went first sharing Gartner’s BPM Scenario for the next five years. She had two initial points:

In 2013, do you know where your work is?
How [...]

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Live from IMPACT – Lean and Green Keynotes

April 8, 2008

Sandy Carter kicks it off and introduced Craig Hayman of IBM. Smart SOA, he says, is fundamentally about loosely coupled services being integrated into scalable, reliable processes to tackle change. BPM enabled by SOA allows you to do this – embrace change while having a stable SOA foundation. This relies on the Model/Simulate, Rapidly Deploy/Change, [...]

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It’s lovely but it’s not decision management

April 3, 2008

Yesterday my old buddy Dave Wright told me about Bill James on 60 minutes – for those of you who don’t know, Bill James is the Red Sox stats guy who, like Billy Beane at the Oakland As, uses data mining and analytics to drive recruiting, game planning etc. Dave’s comment was “now that’s Decision [...]

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Here’s my contribution to the IT Services Stack

April 1, 2008

Jack van Hoof has a nice post this week on IT Services Stack: collaboration experiment in which he outlines an IT Service Stack and invites participation from those with opinions to try and flesh out a common set of definitions. I liked the overall stack but I have a couple of suggestions. Here are my [...]

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Want EDM Success? How about a recipe for that?

March 28, 2008

Mike Kavitz had a great post on his blog today Want SOA Success? Try this Recipe. I really liked the article, not least because it was clearly based on hard-won experience on Mike’s part. Reading it I saw how similar an Enterprise Decision Management or EDM success recipe would be.

Research the living daylights out [...]

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SOA and BPM with IDC

March 11, 2008

Second session at IDC Directions today and I am listening to Maureen Fleming and Sandy Rogers talking about SOA and BPM. IDC takes the position that this is about a need for agile systems and that BPM and SOA are part of how organizations can address this need. Of course, having just come from a [...]

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Call for presentations – the new EDM Summit

March 11, 2008

How are you integrating business rules and analytics?
How are you adding intelligence to your business processes?
How are you putting analytics to work in your operational systems?
How, in other words, are you using Enterprise Decision Management (EDM) to innovate your business? Your colleagues and peers want to know.

We invite you to present [...]

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Live from DIALOG – Pierre Haren Keynote

February 25, 2008

Monday morning here at DIALOG and the keynotes are up next. The show has about 300 attendees, about half customers, representing about 18 countries. First on is Pierre Haren, Chairman and CEO of ILOG. Pierre gave a quick overview of 20 years of ILOG history and he then focused on ILOG’s mission:
Make better decisions faster [...]

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Using EDM to effectively allocate resources

February 5, 2008

Continuing my series on using EDM to manage in a recession, allocating resources effectively. In a recession resources are, almost always, constrained and so the proper and effective allocation of resources can be critical. Enterprise Decision Management, EDM, is particularly useful in allocating resources to customers. This plays out in a couple of key ways.
Firstly, [...]

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Fair Isaac acquires Dash Optimization

January 23, 2008

I heard today that Fair Isaac has acquired Dash Optimization. I don’t have many details – though I am hoping to get some – but there is a little information here and a press release here. I think this is an interesting announcement as it’s own optimization engine was one of the few holes in [...]

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Empowering executives in 2008

November 21, 2007

Timo Elliott of the BI questions blog had a “prediction” about 2008 this month – 2008: From Business Automation to Business Optimization?. Timo makes some great points and I agree with his premise that past is about automating business processes and the future is going to be about optimizing the business, in part by ensuring [...]

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Live from Business Rules Forum – Combining the Power of Analytics and Business Rules to Drive Enterprise Decisioning Solutions

October 24, 2007

David Proctor of Experian gave the next session I attended on Combining the Power of Analytics and Business Rules to Drive Enterprise Decisioning Solutions.
He started by talking about the criticality of business rules and the value of managing them. In particular the ability to being experts into a collaborative approach. David then gave a [...]

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