FICO reported 9% growth in revenues year over year. the bulk of revenues and all the growth was in pre-configured Decision Management applications FICO score revenues were half as much, w/ B2B growing as B2C (myFICO) waned tools revenues were less than half again as much and flat optimization (XPress) was up Blaze Advisor was [...]
Posts Tagged ‘Decision Management’
Pursuing a decision tree down a rat hole
Fair Isaac’s recent press release touts the “key differentiator” of Blaze Advisor 7.0 as: the innovative Decision Graph visual metaphor, a decision tree management solution that makes even the most complex rule sets easier to manage and explain Of course, a decision tree is really more like a root system (i.e., the tree is upside [...]
Rules vs. applications of knowledge
I was just asked for some background on business rules and the major players, preferably in the form of videos. The request came in by email, so I didn’t have the opportunity to immediately ask “why”. Below I give some specific and direct responses, but first a few thoughts about clarifying objectives. I don’t know [...]
IBM Ilog JRules for business modeling and rule authoring
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 [...]
What could be more strategic than process or decision management?
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 [...]
How is a process an event?
processes are events that take time
Agile decision services without XML details
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?
Behind the CEP curtain – it’s about time, not the cache
TIBCO is the CEP vendor most focused on the market for business rules, as reflected in Paul Vincent’s post here. Although I agree with Paul that rule vendors are not currently offering enough in terms of support for long-running processes, the conclusions that he draws in favor of considering a CEP alternative to a BRMS [...]
Externalization of rules and SOA is important – for now
James Taylor’s notes on his lunch with Sandy Carter of IBM and the CEO of Ilog prompted me to write this. Part of the conversation concerned the appeal of SOA and rules to business users. Speaking as a former vendor, we all want business people to appreciate our technology. We earn more if they do. They [...]
CEP crossing the chasm into BPM by way of BRMS
Complex event processing (CEP) software handles many low-level events to recognize a high-level event that triggers a business process. Since many business processes do not consider low-level data events, BPM may not seem to need event processing. On the other hand, event processing would not be relevant at all if it did not occasionally trigger [...]