≡ Menu

business rules management system

Last week I emphasized four key facts about legacy modernization. To move forward you need to find the legacy code that represents business decisions such as a pricing engine (what price is this product for this customer), eligibility logic (is this customer eligible for this offer or service), approval rules (can this claim be auto-approved) and replace [...]

I am presenting (demonstrating really) on Decision Modeling for Simpler, Smarter, More Agile Processes at bpmNEXT March 27. A live demonstration of DecisionsFirst Modeler, a collaborative cloud-based environment for decision modeling, will show how the Decision Model and Notation standard works. In addition, you’ll see how teams can collaborate on these models, how they can link [...]

Legacy systems remain critical to many (most) organizations and so legacy modernization is still a hot topic (which is why we have this recording of a webinar on legacy modernization we did with our partner TechBlue). With that in mind, as at is has been a while since I blogged on this topic, I thought I would [...]

After our successful webinar last week I wanted to highlight the various resources for those using Decision Management and Business Rules to develop compliant systems. Compliance, and the need to automate compliance across multiple processes and systems, drives many organizations to adopt business rules and Business Rules Management Systems. Combining this technology with a Decision Management [...]

I am giving a webinar on TechBlue. Many government organizations are coping with aging legacy systems that are costly to maintain, difficult to change and lack the modern architecture needed to satisfy today’s consumer. Instead of trying to replace an entire system with the high risks and costs involved in such a project, these government organizations [...]

I gave a webinar with Jan Purchase of LuxMagi on Agile and Cost Effective Financial Compliance (recording here). Compliance, and the need to automate compliance across multiple processes and systems, drives many organizations to adopt business rules and Business Rules Management Systems. Combining this technology with a Decision Management approach (and with Decision Modeling) helps build compliance into every [...]

I recently gave a webinar with Jan Purchase of LuxMagi on Agile and Cost Effective Financial Compliance (recording here) and thought I would highlight some of the key challenges in compliance: Scale, Transparency, Consistency, Agility and Effectiveness: Scale There are more and more regulations that involve an increasing number of rules to ensure compliance. Decision Management, and decision [...]

I was pointed to a blog post today from the folks at Forrester talking about their Governance Risk and Compliance Platform wave report.  In an era of increasing regulation and increasing costs for compliance failures, these kinds of platforms are clearly important. These platforms help you manage documentation, track overall levels of risk, generate required reporting, [...]

I am giving a webinar on Lux Magi. Decision management and business rules management systems are the ideal platform for an agile and cost-effective compliance approach. In regulated industries like financial services, leading companies are building compliance into every process and system with consistency and transparency across the entire organization and with the agility to meet [...]

We are running our “Decision Management and Decision Modeling” online in February. This 6-session online live training class will prepare you to be immediately effective in using the Decision Management approach and a modern, collaborative and standards-based approach to decision modeling.You will learn how to identify and prioritize the decisions that drive your success, see [...]

First Look: i4C Analytics

i4C Analytics is focused on delivering advanced analytic applications for specific industries and business decisions. These packaged analytic applications apply predictive analytics in real-time in a highly automated environment. The applications use automated analytic model creation as well as allowing data scientists and predictive analytic professionals to integrate their own models to solve the business problems [...]

I recently gave a webinar on the results of our Predictive Analytics in the Cloud research (you can watch a replay here on Information Management). During the webinar we had some great questions and, as I did not get to all of them, I promised to write a blog post to address them. Meanwhile the [...]

The old way: Big data is a hot topic. Big Data was coined as a term by Gartner to mean data that has Volume (more data), Variety (of many types) and Velocity (that arrives more rapidly). Value is extracted from big data using advanced analytics such as data mining and predictive analytics. This data can [...]

The old way: Business rules projects begin by analyzing all the business rules in a business area. A set of techniques are applied to identify common terms across the whole business and to document every rule. A big book of rules is created that defines the rules for the business, generally in a defined syntax [...]

The old way: Most organizations model and manage their business processes. Business process analysis and business process management systems (BPMS) helps organizations focus on an end-to-end set of activities that deliver business value. There are many benefits of a business process focus – consistency, improved customer experience, reduced costs and increased agility. However many business [...]

This week is Building Business Capability 2013 in Las Vegas. I thought I would write some blog posts on how adopting Decision Management can build your business capability. Part 1 is all about business processes, and how Decision Management makes your business processes simpler, smarter and more agile. Part 2 is about how Decision Management [...]

Register Today! Decision modeling is the cornerstone of the Decision Management approach to design and requirements gathering for business rules and predictive analytic technology projects. Join me for this 6-part live online training class. The class will prepare you to be immediately effective in using the Decision Management approach and a modern, collaborative standards-based approach [...]

First Look: Decisions on Demand

Decisions on Demand is a new cloud-based rules platform designed to bring the power of a business rules management system, and especially of decision tables, to users of Salesforce.com and other SaaS applications. The product comes in two flavors at present – Decisions on Demand for Salesforce and the Decisions on Demand Platform. The product [...]

We recently released The Decision Management Manifesto. In previous posts I explained why we did this and why decisions are important. This week I want to talk about the technologies involved in Decision Management. Most organizations will find that adopting Decision Management requires them to adopt some new technologies. Managing and automating business decisions is different [...]

First Thoughts: SAP and KXEN

SAP recently acquired KXEN, a leading provider of predictive analytics technology, to complement SAP’s existing analytic products. I have previously written about both companies’ products and this week got a chance to chat with John Ball, CEO of KXEN, as well as a number of executives on the SAP side. This is an important acquisition [...]