18th
November
2008
Recently, Ronan Bradley discussed the challenges for banks in the area of compliance, given the rapidly changing environment. He made three specific points with which I agree and that I think shows the value of a decision management approach for banks and others facing an unknown but difficult regulatory environment in the next year or [...]
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posted by James Taylor in Business Agility, Business Rules, Compliance, Decision Management, Financial Services, Predictive Analytics |
7th
November
2008
An old friend sent me a link to an article on the Financial Times - How to survive an IT squeeze. I was struck by a couple of quotes:
Scarcity of capital will generate increased competition for the cash that is available. Consequently it will be even more important that businesses do everything they can to [...]
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posted by James Taylor in Business Agility, Customer Experience, Decision Management |
30th
October
2008
Michele Edelman of Discover presented on Building Blocks of Decision Management: “Tools to Rule”. Michele spends a lot of time educating people inside Discover and her team use sources like McKinsey to show executives why EDM matters. For instance, a report on top 10 macro-economic trends:
Centers of economic activity will shift profoundly not just globally [...]
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posted by James Taylor in Business Agility, Business Rules, Customer Experience, Decision Management, Financial Services, Predictive Analytics |
14th
October
2008
An old colleague of mine, Vaughn Merlin, had a really interesting post this week When Strategy Becomes Continuous. It’s a great post and he makes three key points:
IT strategy is not the point - it’s all about business strategy.
Much ’strategy’ effort is not very strategic.
Strategy formulation and execution are too loosely coupled.
He then quotes [...]
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posted by James Taylor in Business Agility, Business Strategy, Decision Management |
7th
October
2008
The folks from Cordys presented their view of the new business operations platform. Current systems development is in the context of four key game-changing trends:
Consumerization
Not just technology but can deliver business processes as services using the Internet
Commoditization
Virtualization
Not just of hardware but of processes and teams
Globalization
In this environment, processes are a key competitive advantage - much [...]
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posted by James Taylor in Business Activity Monitoring, Business Agility, Business Process Management, Business Rules, Composite Applications, SOA |
7th
October
2008
The SOA Symposium started today in the AJAX Stadium in Amsterdam. The opening keynotes were actually in the Stadium itself - we all sat at the halfway line. Thomas Erl and Sandy Carter gave quick intros and I will add some comments later but I could not type so this is just a placeholder have [...]
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posted by James Taylor in Business Agility, Customer Experience, Decision Management, Event-Driven Architecture, SOA, web 2.0 |
15th
August
2008
Chris Berg wrote a nice piece on Pressure Points that seemed like it was worth highlighting. Chris outlines some great reasons for using business rules and he seems to Believe in business rules (as I do).
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posted by James Taylor in Business Agility, Business Rules |
12th
August
2008
I saw this piece on DSL and MDE, necessary assets for Model-Driven approaches and it made me think about DSLs. First, here’s the definition of a DSL from the article
DSL is a programming language or executable specification language that offers, through appropriate notations and abstractions, expressive power focused on, and usually restricted to, a particular [...]
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posted by James Taylor in Business Agility, Business Rules |
30th
July
2008
Ann All had a post on Agile development brings IT, business together that had the great phrase “application development 2.0″. In the article she mentioned some very worthy objectives for this 2.0 version of application development. Here they are, paraphrased slightly.
Encourage close collaboration between developers and end users
Involve users in quality assurance processes
Don’t use traditional [...]
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posted by James Taylor in Business Agility, Business Rules |
27th
June
2008
OutSystems came to my attention at the Forrester IT Forum as they were suggested as a tool with good support for what Forrester calls Dynamic Business Applications. Founded in 2001 they have 100+ customers mostly in Portugal and the Netherlands but increasingly also in the US. Of these they identify 17 existing customers that have [...]
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posted by James Taylor in Business Agility, Composite Applications, Product News |