optimization

Version 7 of The Decision Management Systems Platform Technologies Report

We’ve posted Version 7 of our popular Decision Management Systems Platform Technologies Report with new content on The Analytics Capability Landscape. We also welcome new vendors Blue Yonder and Erudine to the platform vendor index. Overview Organizations are adopting a new class of operational systems called Decision Management Systems to meet the demands of consumers, regulators and […]

New! Version 6 of The Decision Management Systems Platform Technologies Report

We’ve posted Version 6 of Decision Management Systems Platform Technologies Report with new content on decision modeling. We also welcome new vendor FlexRule and the report includes links to product updates on 11 Ants Analytics, Angoss, Alteryx, Experian, InRule, Pega, RapidMiner, SAS and Teradata. You can read the report online or download a pdf here: http://decisionmanagementsolutions.com/decision-management-technology

A Decision Management Manifesto

I am pleased to announce the publication of The Decision Management Manifesto. The goal of the manifesto is to provide decision management practitioners with a useful synthesis of many years as a decision management practitioner, speaker, author and trainer. I am fortunate to work with and talk to a lot of people about Decision Management […]

Big Data and In-Database Analytics in the new platform technologies report

Since 2012 we have published a comprehensive report on the software technologies and products available to build Decision Management Systems – the Decision Management Systems Platform Technologies Report. Tested and established in many industries, these technologies include Business Rules Management Systems, data mining or Predictive Analytic Workbenches and Optimization suites as well as new in-database […]

Nice article on A/B Testing

Matt Gershoff, CEO of Conductrics (a product we reviewed here) wrote a nice piece on A/B Testig over at the Analyzing Media blog – It’s all One Big Decision: Testing, Analytics, & Targeting. Matt discusses the role of A/B testing, of predictive analytics and of optimization in a nice, straightforward piece. Well worth reading. I wrote […]

Become high performing – use Decision Management to deliver real-time predictive analytics

A recent Gartner group announcement said something that caught my eye Seventy percent of high-performing companies will manage their business processes using real-time predictive analytics or extreme collaboration by 2016, according to Gartner, Inc. “It has been technically possible to implement real-time analytics in transactional and record-keeping operational applications for decades. However, few business processes […]

Decision Management Systems Overall Architecture – Report Excerpt

Here is an excerpt from our Decision Management Systems Platform Technologies Report on the overall architecture of decision management systems: Overall Architecture These capabilities come together in an overall platform for building Decision Management Systems as shown in Figure 1: The capabilities of a Platform for Decision Management Systems below. Decision Logic capabilities allow for […]

Decision Management Systems Platform Technologies Report 2012 – Version 2 Released

Version Two of our Decision Management Systems Platform Technologies Report 2012 was released today. The report is available online and as a PDF Download. Several sections have been enhanced and extended since the first version and others will be enhanced and extended in future versions over the coming months. This version includes: Decision Management Systems […]