cep

Predixion released 4.0 of Predixion Insight in October 2014 and I got a product update recently. First, some quick background on Predixion: They started back in 2009 based in California and Washington and recently added an office in Europe. 70 employees now with a core set of partners and investors. Their focus is on making [...]

I got an update from WebAction recently. WebAction was founded in 2012, is backed by Summit Partners and is headquartered in Palo Alto, CA. The founders come from working together at GoldenGate and some prior companies, such as WebLogic. WebAction’s focus is on what they call “Data Driven Apps” – on moving from data presentation [...]

I recently completed some research on responding in real-time, discussing the need for both event processing and decision management in a solution. The research was sponsored by Oracle and you can see the video below: The white paper is here (registration required).

Oracle Event Processing is designed to provide high throughput and low latency processing against continuously streaming data—what is sometimes call Complex Event Processing. It handles real-time correlation between incoming data streams, time sensitive alerts, aggregations and calculations, pattern seeking in the stream etc. Critically, especially when one is dealing with very large volumes of streaming [...]

I got an update from Tibco recently having last heard from them when I got an update on Spotfire 4. Since then they have partnered with Attivio for supporting unstructured data (4.5), added a new in-memory engine and support for in-database analytics as well as native support for R – the Tibco Enterprise Runtime for [...]

I got caught up with Informatica recently, checking in with them on their Complex Event Processing (CEP) technologies. They have recently been talking about decision management, especially in healthcare where their new Informatica Proactive Healthcare Decision Management solution is based on their CEP engine. Like me Informatica see a historical, summarization focus in business intelligence [...]

Progress Corticon Business Rules Management System (BRMS) v5.2 was delivered in February and focused on key enhancements for natural language support, mobility, and Progress Software integration.  Since the first version nearly a decade ago, Corticon has focused on offering easy-to-use tools to express and manage decision making logic.  The Corticon business rules expression language is [...]

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. [...]

I am giving a webinar on Active Decisions for the “Aware” Organization with RedHat on September 29  at 10am Pacific. Organizations need systems that allow them to respond to fast changing conditions. These systems must be easy to change as requirements change and be able to respond to what is happening in real-time. Rules-based decision management [...]

There’s a great article over on IBM’s Good Decisions blog called “What’s Decision Management got to do with Business Process Management?” The article lays out a nice scenario for Decision Management and differentiates between business event processing, business rules management, analytics and business process management. It is definitely worth a read. There are a couple [...]

Daryl Plummer gave the closing keynote – “If I had a time machine”. He began by differentiating between science fiction and fantasy – science fiction being a vision of the future that is based on some extrapolation of currently understood science and facts. Fantasy is completely based on the whims of the visionary. What he [...]

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 [...]

Roy Schulte of Gartner gave a rapid fire session on business rules. Business rules he says can be used in multiple ways in a Business Process Management context. It can be used to make applications smarter and more flexible by externalizing rules. You can also use them to control process flow. And you can use [...]

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 [...]

Warning, long post follows – SAS has a lot of products and even this summary was a lot. A big session on the product portfolio – 2010 and 2011 highlights in some specific focus areas. New releases in 2010 included: Customer Link Analytics – released in Q1 this product focused on using links between customers [...]

I got an update from the folks at Ingres the other data to talk about Ingres VectorWise. Like many of the companies I have spoken to recently, Ingres is focused on how to provide an analytic infrastructure that handles the increasing volume and complexity of data so that analysis can be done on up to [...]

I was presenting this week to a company that asked what trends I saw in business rules. I had my ow thoughts but I also reached out to some other experience business rules implementers. Here’s what we came up with: A broader context for business rules Business rules are increasingly adopted as part of a [...]

As part of the build up to today’s tweet jam on advanced analytics, Jim Kobelius discussed some of the questions they are planning to use in a blog post – Advance your analytics strategy. There’s a lot of good stuff in the article but I do have to take issue with a few things. First, [...]

Syndicated from ebizQ Scott Cleveland had an interesting post this week on the single greatest benefit of BPM that included the information that 17% thought it was “Change business rules and processes without impacting underlying applications”. This focus on agility is not, perhaps, surprising but it prompted an interesting comment from John Owens (who tweets [...]