standard

TDWI World Conference: Requirements Approach for Advanced Analytics with Decision Management

Posted By: James Taylor | Posted On: 8th May 2014 |

I am giving a class at the TDWI World Conference “Evolving Your Requirements Approach to Advanced Analytics with Decision Management” in Boston, July 20-25. This is a new class for TDWI that builds on my successful class at the University of California Irvine Extension program.

Big data makes it hard to scale human interpretation, forces faster and more precise decision making, and puts a premium on advanced analytics. Applying big data analytics requires a clear and direct focus on managing decision making, especially in operations. But most organizations lack an approach that lets them specify their requirements, and their ability to find opportunities for, and successfully use, advanced analytics is limited. This course lays out a framework to identify the op

Some excellent Gartner advice on Decision Management

Posted By: James Taylor | Posted On: 20th March 2014 |

Lisa Kart, Roy Schulte and Teresa Jones of Gartner recently published Find the Best Approach to Decision Management. It’s a great piece and if you are a Gartner subscriber you should definitely read it and share it around your organization. Even if you are not you should seriously consider getting it from Gartner as it makes a solid case for Decision Management. Obviously I am not going to copy and paste it here but here’s the outline they provide with some commentary on my part about resources here on the blog or at Decision Management Solutions that might help you (Gartner outline in italics, my comments not)

Introduction
The piece starts off with a nice description of Decision Management. If you want more background on this you could try my books ( Decision Management, Strategy analytics, Business Rules Management System, decision, decision analysis, decision discovery, Decision Management, decision management system, decision model, decision modeling, decision service, decision support, decisionsfirst, DMN, Gartner, marketing decision management, operational decision, platform, predictive analytics, process, recommendations, standard

BPM and Decision Management: An Interview with Juergen Pitschke

Posted By: James Taylor | Posted On: 11th March 2014 |

As part of our ongoing “Meet our Partners Series” I caught up with Juergen Pitschke of BCS, a Decision Management Solutions partner. Juergen and I are giving a webinar on April 1 – Getting Started with Decision Management.

Please describe your current role and title and tell us a little about your company

I’m Juergen Pitschke the founder of BCS, a European consulting company specializing in Business Process Management and Enterprise Analysis.
BCS is recognized for its outstanding methodological support of different standards and methods. This allows us to address the needs of our customers in an unique way. Our customers also value our “engineering” approach to busine

Live Online: BPM Institute Decision Management and Business Rules 101

Posted By: James Taylor | Posted On: 3rd March 2014 |

I am teaching a live online version of the BPM Institute’s Decision Management and Business Rules 101 class on April 9 and 10th, 1-5pm ET each day.

Decision Management and business rules allow the effective automation of decision-making combined with increased business agility. Adopting decision management and business rules technology improves customer service, enables 1:1 marketing, increases straight through processing and more effectively leverages scarce resources.

This course delivers a proven and standards-based approach to identifying, understanding and automating business decisions. With examples drawn from a variety of industries and use cases, this course emphasizes the modeling of decisions and the importance of managing both decisions and business rules over the long term. In addition the course shows how ef

Live Training: Brainstorm Chicago Decision Management and Business Rules 101

Posted By: James Taylor | Posted On: 27th February 2014 |

We are teaching Decision Management and Business Rules 101 as part of Brainstorm Chicago April 28, 2014

Decision Management and business rules allow the effective automation of decision-making combined with increased business agility. Adopting decision management and business rules technology improves customer service, enables 1:1 marketing, increases straight through processing and more effectively leverages scarce resources.

This course delivers a proven and standards-based approach to identifying, understanding and automating business decisions. With examples drawn from a variety of industries and use cases, this course emphasizes the modeling of decisions and the importance of managing both decisions and business rules over the long term. In addition the course shows how effective decision management simplifies and improves busines

Live Event: bpmNEXT Decision Modeling for Simpler, Smarter, More Agile Processes

Posted By: James Taylor | Posted On: 26th February 2014 |

I am presenting (demonstrating really) on Decision Modeling for Simpler, Smarter, More Agile Processes at bpmNEXT March 27.

A live demonstration of DecisionsFirst Modeler, a collaborative cloud-based environment for decision modeling, will show how the Decision Model and Notation standard works. In addition, you’ll see how teams can collaborate on these models, how they can link to implementations like business rules, manage automation choices and ensure traceability.

bpmNEXT runs March 25-27 and you can get more details on bpmNEXT here.

Cross-posted from JTonEDM.

Still time to register for our Decision Modeling online training

Posted By: James Taylor | Posted On: 11th February 2014 |

If you are interested in decision modeling and in the new Decision Model and Notation standard there’s still time to come to this quarter’s online training. We are running our highly recommended online Decision Modeling training live and online February 18, 19, 20, 2014 from 10:00 AM PT / 1:00 PM ET to 11:30 AM PT/ 2:30 PM ET. Decision modeling is fast becoming the definitive approach for specifying requirements for business rules and predictive analytic projects. This 3-part online live training class will prepare you to be immediately effective in a modern, collaborative and standards-based approach to decision modeling.

It’s just $650 and you can pay by credit card – register here.

Cross-posted from JTonEDM.

Compliance in Finance – An Interview with Jan Purchase – Part 2

Posted By: James Taylor | Posted On: 4th February 2014 |

Welcome to Part Two of my interview with Jan Purchase, Director and Co-Founder of LuxMagi (Part One of the interview is here). Lux Magi are experts in helping their clients automate complex, legal and regulatory compliance processes using business rules technology and decision management. Jan and I are also giving a webinar on Agile and Cost Effective Financial Compliance: Going Beyond Business Rules with Decision Management February 13, 2014 at 10:00 am EST.

How does Decision Management address compliance challenges beyond what business rules technology offers?

The operational checks and actions required when processing trades, positions and instruments mandated by regulatory strictu

Decision Model and Notation officially adopted

Posted By: James Taylor | Posted On: 20th January 2014 |

Well it’s official – the Object Management Group’s Board of Directors has voted to publish the Decision Model and Notation (DMN) specification. You can see the press release here. Decision Management Solutions is excited to be a submitter for this new standard. As I say in the press release:

“Decision modeling is transforming how organizations adopt powerful technologies such as business rules and advanced analytics to automate and improve their decision-making. The Decision Model and Notation (DMN) standard provides an open and effective specification for this emerging practice. Decision Management Solutions is committed to supporting and using DMN and we’re delighted that the standard has been adopted and garnered broad support among OMG members.”

If you are interested in this standard and how it can complement proce

Standards in Predictive Analytics: R

Posted By: James Taylor | Posted On: 9th January 2014 |

The third post in my series on standards in Predictive Analytics is on R, a hot topic in analytic circles these days. R is fundamentally an interpreted language for statistical computing and for the graphical display of results associated with these statistics. Highly extensible, it is available as free and open source software. The core environment provides standard programming capabilities as well as specialized capabilities for data ingestion, data handling, mathematical analysis and visualization. The core contains support for linear and generalized linear models, nonlinear regression, time series, clustering, smoothing and more. The language has been in development and use since 1997 with the 1.0 release coming in 2000. The core is now at release 3.0. New capabilities can be added by creating packages typically written in the R language itself. Over 5,000 packages have been added through the open source community.

Decision Management analytics, Community, data, Data Mining, math, Open Source, pmml, predictive analytics, programming, real-time, research, score, scoring, standard, standards, statistics, visualization