Platform Technologies Report

Decision Management Systems Effectively Apply Analytics in Supply Chains

Here is an excerpt from our Decision Management Systems Platform Technologies Report on Supply Chain Management: Decision Management Systems are just beginning to penetrate supply chain management. There is tremendous potential for Decision Management Systems in this area, particular as organizations look for ways to bring predictive analytics to bear on their supply chain. By focusing predictive […]

Decision Management Systems Improve Business Processes

Many industries share common problems that can be lumped into a focus on process efficiency and effectiveness. Decision Management Systems, by handling critical decisions in those processes, can make a big difference on both counts. Some examples follow. Validation Has enough information been entered? Does it match other information available and is it internally consistent? […]

Dramatically Improve Collections with Decision Management Systems

Here is an excerpt from our Decision Management Systems Platform Technologies Report on Collections: Collections, chasing down those who owe money to the organization and collecting it, is a complex problem. Traditionally handled with large teams of people “dialing for dollars” and a first-in, first-out or highest dollar value approach to prioritization, collections can be made dramatically […]

Decision Management Systems Combination of Rules and Analytics Ideal for Healthcare

Healthcare is an industry increasingly rich in data. Yet simply applying analytics, doing simply what the data tells you, is not really practical in an industry where peer review, published best practices and government regulation abound. Decision Management Systems, with their combination of rules and analytics, are ideal for this environment. As more of the […]

Automating the Underwriting Decision

Here is an excerpt from our Decision Management Systems Platform Technologies Report on Underwriting and Origination: Another well established area for Decision Management Systems is that of underwriting and origination. Whether originating loans, mortgages or credit, or underwriting insurance, these decisions offer a strong use case for Decision Management Systems. Often regulated and constrained by policy, these […]

Automate Fraud Detection with Decision Management Systems

Here is an excerpt from our Decision Management Systems Platform Technologies Report on Fraud Detection. Many organizations suffer losses from fraud and abuse. These range from fraudulent claims for services that were never performed, to applications for credit for people that don’t exist, to orders that include bribes and illegal payments. In every case an organization must […]

Decision Management Systems Use Cases – Report Excerpt

Here is an excerpt from our Decision Management Systems Platform Technologies Report on Use Cases: There are many compelling use cases for Decision Management Systems. Any time an organization must make a decision over and over again and where the accuracy or consistency of that decision, its compliance with regulation or its timeliness are important, Decision Management Systems […]

New! Version 3 of DMS Platforms Report with Expanded Use Cases

Version 3 of our Decision Management Platforms Technologies Report is now available. This version significantly expands the Use Cases section. The Report is free to download and can be freely circulated, printed and reproduced in its entirety provided no edits are made to it. The use cases are divided up into a number of categories. Some of […]

Decision Management Systems Platform Technologies Report Update

We have updated our Decision Management Systems Platform Technologies Report with  four additional vendor products: Berkeley Publisher LityxIQ Medio InGenius SAP Predictive Analysis There are also First Look product review updates for: Angoss 8.0 FICO Blaze Advisor 7.1 SAP NetWeaver Decision Service Management Sparkling Logic The report now includes 50 vendors and 77 decision management […]

Navigating Decision Management Systems Product Categories – Report Excerpt

Here is an excerpt from our Decision Management Systems Platform Technologies Report on Navigating Product Categories: Navigating Product Categories Multiple product categories exist in the market for decision logic management, predictive analytic modeling, optimization and simulation. As Figure 3: Overlapping product categories below shows, these product categories often overlap. Figure 3: Overlapping product categories While […]