decision management system

Update to the Decision Management Systems Platform Technologies Report

The Decision Management Systems Platform Technologies Report began in early 2012 as a way to share our research and experience in building Decision Management Systems. Since then we have extended, updated and revised the report many times. This week we released the latest version – Version 8 – with a new, easier to use format. There is […]

What is Decision Modeling – a video

Jan Purchase and I are working on a new book – Real-World Decision Modeling with DMN – and ahead of the publication we have made a series of short videos about decisions, decision modeling and DMN. The first one introduces decision modeling: What is a business decision? Why are they so important? What is Decision Modeling and what can […]

Presentation and Recording: Framing Analytic Requirements with Decision Modeling

The recording of our recent webinar, Framing Analytic Requirements with Decision Modeling, is now available on our OmNovia channel and the presentation is posted to slideshare. Framing Analytic Requirements with Decision Modeling from Decision Management Solutions

First Look: IBM Operational Decision Manager Advanced – JTonEDM

I blogged a little about the tech preview of IBM’s Operational Decision Manager – Advanced product when I was at IMPACT and I recently got a full briefing on the new ODM Advanced release. ODM Advanced has been under development for about 2 years with early access for customers back in late 2013 and technology previews […]

First Look: FICO Analytic Modeler Suite – JTonEDM

FICO Analytic Modeler is FICO’s in-browser analytic tool suite – the evolution of the Model Builder product line post the InfoCentricity acquisition. These offerings are part of the FICO Analytic Cloud, a cloud-based environment for building and managing analytic models and deploying analytics into decisioning applications.  It also features a marketplace for analytic solutions. The […]

New Decision Management MarketScape from IDC

Brian McDonough has been writing (with Dan Vesset, Steve Hendrick, Henry Morris and others) on Decision Management at IDC for many years and he has recently published an IDC MarketScape: Worldwide Decision Management Software Platform 2014 Vendor Assessment. The report has an IDC MarketScape figure, IDC’s opinion on the Decision Management market, process and software as well as some […]

40% discount on my book thanks to IBM Press

BY_Aq91CUAElXZbIBM Press is 10 years old this month and to celebrate all books and eBooks are 40% off through the end of July! You can buy my book, Decision Management Systems: A Practical Guide to Using Business Rules and Predictive Analytics and get this discount. Just buy it here and use discount code  Decision Management , , , , , , ,

Decision Management Systems Past and Future: A video

A short video in which I discuss the past and future of Decision Management as part of celebrating IBM Press’ 10th year.

I published Decision Management Systems:A Practical Guide to Using Business Rules and Predictive Analytics with IBM Press at the end of 2011 and you can but it direct from IBM Press here or amazon.com here Decision Management , , , , , , , , , , ,

First Look: InRule 4.6 update

I last got an update on InRule back in 2011 with v4. They see four pillars to their Business Rules Management System: Rule Authoring Rule Storage and Management Rule Execution Rule Integration (SDK) V4 focused on the rule authoring experience and since then they have had a couple of additional releases. 4.1 focused on improving […]

First Look: Pegasystems Decision Management 7

I recently got an update from Pegasystems focused on their recent release 7 of the Pegasystems Decision Management product. Last year (2013) Pegasystems had a good year, breaking $500M in revenue while showing a 55% increase in license and backlog. They are forecasting $576M in 2014 and report particular interest in predictive analytics, analytic marketing and customer next best action. From a Decision Management product perspective 2013 included a very large scale rollout for a US telco (35,000 call center agents, thousands of stores, IVR and soon online) as well as some large scale batch decisioning deployments. They are also seeing more of a focus on using the Decision Management product outside marketing especially in credit risk management, predictive maintenance and healthcare delivery.

Pegasystems Decision Management 7 includes a number of new capabilities

  • New interaction tracking capabilities
    The cus

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