Our next live training event is April 27-29. James Taylor, CEO of Decision Management Solutions, will be teaching this three part live training on Decision Modeling with DMN. WHAT IT IS: DMN is Decision Modeling Notation, and it is a fast becoming the standard and...
How Decision Modeling Reduces Complexity in Regulated Industries Please join us on Wednesday, April 7, 2021 from 10:00 am - 11:00 am PST, 1:00 pm - 2:00 pm EST, to learn about how decision modeling can help your business teams articulate their most important decisions...
Our world looks very different today than it did nine months ago, and so does your business. As one of the most turbulent years in recent history comes to a close, it’s critical in these uncertain times to prepare for the future. With the pandemic still in full play...
By Gagan Saxena, VP Solutions and a Principal Consultant, Decision Management Solutions Decision modeling can be a “good-enough” representation of business problems, providing adequate information for automating decisions. And even if there may be a good reason...
By James Taylor, Founder and CEO, Decision Management Solutions One of the classic tools for decision automation is a business rules management system, or BRMS. While these systems are powerful and effective when used correctly, many companies fail to apply best...
Eric Siegel and I had a great discussion about doing Machine Learning BACKWARDS recently - you can watch the recording below or on our YouTube Channel. Eric, if you don't know, is the founder of Predictive Analytics World, a leading consultant, and author of...
Mike Gualtieri and Boris Evelson of Forrester recently published a great new paper Introducing AI-Powered, Human-Controlled Digital Decisioning Platforms (subscription or payment required) and you should get access to this paper and read it now. It's got some great...
Sven Blumberg, Thomas Delaet, and Kartikeya Swami of McKinsey Digital published a great paper recently - Ten ‘antipatterns’ that are derailing technology transformations. Technology has a crucial role in enabling this faster and more flexible approach. In our...
Following up on part 1 and part 2, McKinsey's Jump-starting resilient and reimagined operations highlighted how COVID-19 will rapidly increasing expense transparency in organizations. Increasing transparency generally is one of the key benefits of our approach to...
Following up on part 1, McKinsey's Jump-starting resilient and reimagined operations also talked about the impact of COVID-19 in accelerating end-to-end digitization. Many organizations were on this journey already but the need to support remote customers and remote...
A recent McKinsey paper titled Jump-starting resilient and reimagined operations had some great advice for operational executives working on re-starting and reimagining their operations for a COVID-19 world. In particular, it identified 5 themes that will share...
If you're stuck sheltering in place or bored working from home, we have a great opportunity for you. You can learn a vital new skill – Decision Requirements Modeling - from the comfort of your home FOR FREE! This has been completed. Please contact us if you are...
Neal Silbert of DataRobot had an interesting post on the DataRobot blog last week - Outcome-Based Claims Assignment: The “New Grail” of Insurance. He talks about using ML and AI to improve the assignment of claims adjusters to commercial claims. As he says "why make...
The International Institute for Analytics (I'm a faculty member) recently hosted me for a webinar on Digital Decisioning: Driving Business Value from Advanced Analytics, Machine Learning and AI. In the webinar I discussed the opportunities and challenges of Machine...
Automating decisions about transactions lets them be handled in real-time, providing better customer service. If that decision fails to detect fraudulent transactions, this lets fraud into the system. Once a fraudulent transaction has been allowed, you are committed...