systems that know and understand and think and learn
If you are considering the use of any of the following business rules management systems (BRMS):
IBM Ilog JRules
Red Hat JBoss Rules
Fair Isaac Blaze Advisor
Oracle Policy Automation (i.e., Haley in Siebel, PeopleSoft, etc.)
Oracle Business Rules (i.e., a derivative of JESS in Fusion)
you can learn a lot by carefully examining this video on decisions using scoring in [...]
The folks from Knowledge Partners have a post that I found thanks to Sandy Kemsley, whose blog often provides good pointers. This article talks about the decision perspective on business rules. It makes some good points, on which I would like to elaborate albeit at a more semantic or knowledge-level.
Every language has three kinds of [...]
processes are events that take time
On the heels of IBM’s acquisition of Lombardi comes Progress Software’s acquisition of Savvion. The salient similarities are that IBM is adding BPM applications to its middleware stack as is Progress, at least with regard to its enterprise service bus offerings. More interesting is the relationship between Progress’ complex event processing software and Savvion’s BPM. [...]
In preparing for my workshop at the Business Rules Forum in Las Vegas on November 5th, I have focused on the following needs in reasoning about processes, about events, and about or over time:
Reasoning at a point within a [business] process
Reasoning about events that occur over time.
Reasoning about a [business] process (as in deciding what [...]
Ron Ross was kind enough to send me a copy of his recently publishd 3rd edition of his book, Business Rule Concepts. Ron has been at the forefront of mainstreaming business rule capture for decades. Personally, I am most fond of his leadership in establishing the Object Management Group’s Semantics of Business Vocabulary and Rules [...]
During a panel at Fair Isaac’s Interact conference last week, a banker from Abbey National in the UK suggested that part of the credit crunch was due to the use of the FICO score. Unlike other panelists, who were former Fair Isaac employees, this gentleman was formerly of Experian! So there was perhaps some friendly [...]
Ian Ayres, the author of Super Crunchers, gave a keynote at Fair Isaac’s Interact conference in San Francisco this morning. He made a number of interesting points related to his thesis that intuitive decision making is doomed. I found his points on random trials much more interesting, however.
In one of his examples on “The End [...]
In this article I hope you learn the future of predictive analytics in decision management and how tighter integration between rules and learning are being developed that will adaptively improve diagnostic capabilities, especially in maximizing profitability and detecting adversarial conduct, such as fraud, money laundering and terrorism.
Business Intelligence
Visualizing business performance is obviously important, but improving [...]
Externalizing enterprise decision management using service-oriented architecture orchestrated by business process management makes increases agility and allows continuous performance improvement, but…
How do you implement the rules of EDM in an SOA decision service?