Putting Predictive Analytics To Work in Operations
Small operational decisions, especially those about customers, are made over and over. The value of these decisions rapidly adds up. Making these decisions well is critical to business performance. Maximizing the value of each operational decision is at the core of Decision Management. Because these decisions about customers are made at the front line of an […]
Enterprise Architecture from Agile to Analytic
Decision Management Systems combine business rules and advanced analytics technologies to deliver an agile, adaptive and analytic enterprise architecture. Enterprise Architects are chartered with fitting business rules and analytic technologies like data mining and predictive analytics into their enterprise architecture. A service-oriented platform and architecture, supported by integration and data management technology does not have […]
Creating Agility and Operational Efficiency with Decision Modeling
Decision modeling is the proven requirements approach that bridges the gap – between business process and business rules and predictive analytics technologies – for truly digital processes. Today organizations use a variety of techniques to accurately describe the requirements for an information system. Most systems involve some workflow and this is increasingly described by business […]
Business Process Transformation with Decision Modeling
Organizations are optimizing their operations with decision modeling, creating a streamlined and more agile business. Decision-led process innovation results in: Operational efficiency Agility Business-IT alignment Leading organizations are adopting decision modeling with the Decision Model and Notation (DMN) standard to improve operational efficiency, agility and business-IT alignment. Decision modeling gives enterprise architects and business process analysts […]
Next-Generation Claims Systems
Decision Management delivers next-generation claims systems that act immediately, increase agility, consistency and accuracy, improve customer satisfaction, speed response and reduce costs. Insurers can achieve significant speed-to-market gains, reduce fraud and create innovative new claims processes. Today’s insurance claims systems deliver value to insurers by increasing efficiency through business process automation and workflow. The use […]
Simplify Legacy Modernization with Decision Management
Many companies today are focused on modernizing their legacy applications, but this largely consists of taking assembler or spaghetti COBOL and turning it into more efficient, better structured COBOL. Unfortunately, these applications will still be hard to edit, hard to change, and won’t deliver the strategic agility that companies need. Decision Management builds on SOA […]
Optimizing Customer Relationships in the Era of Big Data
At the heart of a good customer relationship is a series of great customer decisions. Every time the customer interacts with the company the right decision has to be made. When is a good time to make a marketing offer and which offer will be best? Should this fee be reversed? How should this customer […]
Rapid and Cost Effective Financial Compliance with Decision Modeling
How Decision Modeling and Business Rules Meet Key Challenges in Financial Compliance Decision modeling and business rules are a powerful combination for agile and cost effective regulatory compliance. Decision modeling gives business rules architects and analysts a standard way of graphically representing precise business meaning that is easy for the business to understand and doesn’t require […]
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