by James Taylor | Nov 13, 2018 | Business Intelligence, Business Process, Business Rules, Decision Automation, Decision Management, Decision Modeling, DMN, Insurance
80% of data and analytics leaders with global life insurance and property & casualty carriers surveyed by McKinsey reported that their analytics investments are not delivering high impact. What’s stopping them from delivering high impact? 38% of those surveyed...
by James Taylor | Nov 12, 2018 | Business Rules, Decision Management, Decision Modeling, DecisionsFirst Modeler, DMN, Product News
We have a new Leading Practices brief available – Decision Modeling and DMN for IBM Customers. IBM has long been a leading player in business rules management systems and Decision Management Solutions has many customers using IBM Operational Decision Manager in...
by James Taylor | Oct 18, 2018 | AI, Decision Management, Decision Modeling, Predictive Analytics
Joe Decosmo, CAO of Enova Decisions and someone we know from our work at the International Institute for Analytics wrote a nice piece in Forbes today – Why You Should Take A Decision-First Approach To Analytics. Joe makes some great points in his post and leads...
by James Taylor | Oct 3, 2018 | Business Rules, Decision Modeling, DecisionsFirst Modeler, Product News
IBM yesterday announced that Operational Decision Manager v8.10 (ODM – IBM’s Business Rules Management System) will be available in December and will support decision modeling. This is great news as it will bring the Decision Composer functionality IBM has...
by James Taylor | Sep 18, 2018 | AI, Decision Management, Decision Modeling
Many, most, companies are actively considering using AI in their business, but few are making much progress. Some of this is due to a poorly defined approach. Some is due to confusion as to what AI means – mixing conversational AI (a user experience technology) with...
by James Taylor | Aug 29, 2018 | Business Rules, Decision Automation, Decision Management, Decision Modeling, Digital Business, Insurance, Marketing, Predictive Analytics
A key way for insurers to respond to disruption in the insurance market is to more effectively personalize their marketing. Targeting prospects and especially customers with unique, personalized messages is a way for traditional carriers to be “disruptive”. Indeed...