A long established vendor in the business rules management space, Corticon describe themselves as focused on delivering better, faster decisions by automating business rules. They have 450+ customers across insurance, financial services, government, health and ecommerce and say they have seen rapid growth in revenues in 2010 and into 2011. They have just announced Corticon [...]
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Jacob Feldman presented to the Object Management Group Decision Modeling Notation meeting on OpenRules – an open source “decision management system”. Jacob argues that OpenRules is a Decision Management System for a number of reasons – besides having a rule engine and a rule engine it also supports automated rule discovery, predictive analytics, an optimization [...]
I got an update from the folks at FICO on the new release of Model Builder, their predictive analytics workbench. My last update was for Blaze Advisor 6.9 and Model Builder 7.0 and this release, Model Builder 7.1, is the first point release for Model Builder on the new 7.x platform. For those of you [...]
I got an update from the folks at Innovations Software while I was attending this year’s Building Business Capability conference. This week sees the release of Visual Rules 5.0 and it has some great new features. I last wrote about release 4.5 last year. The big news with this release is web-based authoring of business [...]
Subtitled “from 0 to 1400”, this case study discussed how Unum (an insurance company) introduced business rules. Back in 2009 their rules were scattered, siloed, hidden in requirements documents and in different formats (from code to if/then statements to long verbose notes). And even though they tried to focus on rules, they were often embedded [...]
Model Builder 7.0, Decision Optimizer 6.1, Blaze Advisor 6.9 Decision Management remains the core focus for FICO with both a Decision Management platform and decisioning applications. The applications are increasingly built on top of the platform, sharing execution and modeling infrastructure. FICO still sees business rules as the basis for decisions, being improved and extended [...]
I got an update from the folks at Alfresco recently. This company is an open source content management project, begun by a team that left Documentum some years ago. The project now has about 2M downloads and is a commercial open source company with 1,200 paying customers – mostly among those typically comfortable with open [...]
Syndicated from Smart Data Collective There’s a lot of talk about advanced analytics these days – the use of data mining and predictive analytics is growing rapidly so lots of articles, books (like Tom Davenport’s latest) and blog posts are being written. One of these was by Jeff Kelly over on TechTarget on Data analytics [...]
Another webinar in the ongoing series this fall. There is growing consensus among business rule practitioners and thought leaders regarding the importance of the rule repository in developing a scalable, sustainable business rule management capability. This session will provide an overview of business rule repositories and identify the three “must have” capabilities for supporting an [...]
Yesterday Innovations Software Technology announced the latest release of Visual Rules – 4.5. This is the third in a series of related release and the enterprise components of Visual Rules (Team Server, Execution Server) have been the focus of the last few releases (4.3, 4.4 and now 4.5). I talked about 4.3/4.4 previously and got [...]
As previewed yesterday, ILOG (now an IBM company) is releasing the 7.0 products of their business rule management system (BRMS) family. These mark a big step forward for the ILOG product range. ILOG BRMS 7.0 has the standard BRMS components – an Eclipse-based development environment (Rule Studio), a web-based collaboration environment for non-technical users (Rule [...]
ILOG, now an IBM company, is releasing the 7.0 version of their business rule management system (BRMS) family tomorrow (June 17th). Based on the demonstrations I saw, these mark a big step forward for the ILOG product range. I am going to post a full review tomorrow but I thought I would give everyone a [...]
InRule Technology is continuing to sell with a ruthless focus on .NET. They say they are still getting good traction with their focus on being the premier .NET business rules solution. Version 3.2 was released mid May and was a release driven primarily by the requests they get from their customers, especially those selected by [...]
Syndicated from ebizQ Today is the official release day for the new release of JBoss Enterprise BRMS – Drools 5.0 as was. Key features in this release are the repository/repository management tools and the new features that let business users and business analysts participate directly in editing the rules. Craig Muzilla, the VP Middleware Business [...]
A technical introduction to how ILOG’s product complement WebSphere Business Process Management products. ILOG, of course, has a full-fledged Business Rules Management Systems or BRMS as well as an optimization engine (CPLEX), visualization tools and applications for supply chain management. This session focused on how the ILOG BRMS integrates with and complements the WebSphere BPM [...]
New Wisdom was founded in 2006 (as a spinoff of Lambert Consultants) to develop software for managing business source rules. The product, RuleGuideTM, is designed to capture metadata about the rules and to support discovery and analysis of rules in projects adopting a business rules management system (BRMS). They see this as about 65% of [...]
I got an update from the folks at IDIOM recently. The founders say they got started with data modeling in the early 80s and realized this could not deliver model-driven development because the whole process thing did not work. By the 90s they had found an approach that worked as a model-driven approach but the [...]
I got an update on the Oracle Business Rules product recently. Oracle is an interesting company – they have the components of decision management but do not yet have them under a single umbrella. For instance, they have in-database data mining (blogged about here), the Real Time Decisions (RTD) engine, event processing rules and so [...]
I got an interesting question last week: In you experience do you believe that the rules editors will become self documenting tools and, if so, is there any danger to this? With regard to products I have used in the past I am not convinced they have evolved sufficiently to do this and I always [...]
I sat down with Innovations Software Technology, now part of the Bosch group, to get my first good look at Visual Rules in a while. Release 4.4 is the current version (they released 4.3 in November and 4.4 just this week). The tool is written in Java and based on Eclipse. About half their users [...]
