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Posts Tagged ‘decision automation’

5th August 2008

Using decision management to deliver intelligent business performance

James Taylor Posted by James Taylor

Steve Cranford of PwC wrote an interesting piece called Bringing Order to Chaos (brought to my attention by Alan over at Tibco) that made me think. Steve’s focus is on the next software suite for enterprises (something he calls an Intelligent Business Performance Platform) consisting of business intelligence, business process and business rules. Reading this [...]

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posted by James Taylor in Business Intelligence, Business Process Management, Composite Applications, Decision Management, SOA | 0 Comments

23rd July 2008

Fertile Ground for ROI in BPM - Decisions!

James Taylor Posted by James Taylor

Ronan Bradley had an interesting article on ebizQ this week - Fertile Ground for ROI in BPM: Three Unlikely Areas. In it he outlined some areas of banking where business process management (BPM) could deliver an ROI.

Keeping up with regulations
In which he points out that “a feature of BPM systems (over custom [...]

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posted by James Taylor in Business Process Management, Business Rules, Decision Management | 0 Comments

18th July 2008

Is Self-Service good or bad?

James Taylor Posted by James Taylor

Ellen Goodman of the Boston Globe had a column “Self-serve and slave” (that I saw in the San Jose Mercury News as “In a self-serve nation, work gets dumped on us“) in which she rails against self-service and compares it to the outsourcing of work from paid employees to us consumers. As she says:
For every [...]

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posted by James Taylor in Customer Experience, Decision Management | 1 Comment

16th July 2008

Is eBank the future of banking?

James Taylor Posted by James Taylor

Thanks to my friends at Bankwatch I heard today about eBank in Japan. The bank is described in this nice article on swiftcommunity.net. What struck me about this was the focus on complete automation of decision making - not just the processes and information colleciton, but the decision making itself. Is this the person they [...]

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posted by James Taylor in Customer Experience, Decision Management, Financial Services | 1 Comment

26th June 2008

How to address decision making challenges - optimism

James Taylor Posted by James Taylor

Optimism in one characteristic that it might see harsh to criticize. But take a look at this article on Accounting for the future. It makes a couple of interesting points. Firstly that the preparation of projections can be misleading and that an “inside view” - caused by developing a detailed plan, say - makes you [...]

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posted by James Taylor in Decision Management | 0 Comments

23rd June 2008

How to address decision making challenges - Peer Pressure

James Taylor Posted by James Taylor

This week I thought I would write some posts about how enterprise decision management can help address some of the very real challenges in decision making. First up is peer pressure. A friend sent me this article from the Sloan Review - Applying (and Resisting) Peer Influence -and a couple of key concepts are clear [...]

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posted by James Taylor in Decision Management | 0 Comments

21st May 2008

Automating Decisions within Business Processes

James Taylor Posted by James Taylor

I can’t blog this session live as John Rymer and Mike Gualtieri have asked me to participate. What follows is a combination of thoughts based on the presentation and post-presentation notes.
The theme of the presentation is that “The next frontier in business process management (BPM) and business rules is automating decisions within business processes”. If [...]

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posted by James Taylor in Business Agility, Business Process Management, Business Rules, Data Mining, Decision Management, News, Predictive Analytics, SOA | 0 Comments

31st March 2008

First Look - ThinkAnalytics

James Taylor Posted by James Taylor

I spent some time with Peter Docherty of ThinkAnalytics recently, talking about their decisioning product. ThinkAnalytics grew out of K.wiz, a small team focused on the automation of the data mining process. The team had experience in data mining, real-time telecoms monitoring and data compression. They delivered an open, component-based platform with the intent to [...]

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posted by James Taylor in Business Rules, Customer Experience, Data Mining, Decision Management, Predictive Analytics, Product News | 0 Comments

28th March 2008

Want EDM Success? How about a recipe for that?

James Taylor Posted by James Taylor

Mike Kavitz had a great post on his blog today Want SOA Success? Try this Recipe. I really liked the article, not least because it was clearly based on hard-won experience on Mike’s part. Reading it I saw how similar an Enterprise Decision Management or EDM success recipe would be.

Research the living daylights out [...]

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posted by James Taylor in Decision Management, SOA | 0 Comments

27th March 2008

First Look - Chordiant Decision Management

James Taylor Posted by James Taylor

I had a chance to talk with Rob Walker last week about Chordiant and their decision management platform. Chordiant focuses on large customers - those with lots of decisions in markets such as retail banking, consumer lending, card services, insurance and communications. Their mantra is Customer Experience Management and they aim to deliver an improvement [...]

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posted by James Taylor in Adaptive Control, Business Rules, Customer Experience, Data Mining, Decision Management, Predictive Analytics, Product News | 1 Comment