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Monthly Archives: July 2016
Challenge Aug-2016: Greeting a Customer with Unknown Data
We expect BR&DM vendors will provide their solutions to our Aug-2016 Challenge “Greeting a Customer with Unknown Data“. This is a variation of the “Hello World!” use case when a decision model automatically generates greetings like “Good Morning, Mrs. Robinson!” doing its … Continue reading
Posted in Challenges, Decision Models
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Addressing Bottlenecks with Theory of Constraints
This presentation describes how to improve organizational performance using The Theory of Constraints created by late Dr. Eli Goldratt and explained in his book, The Goal. The thought behind Theory of Constraints is that in every organizational system, there is one … Continue reading
Move Application Development From Programming to Training
Rob Thomas and Jean-Francois Puget published an interesting article “A Practical Guide to Machine Learning: Understand, Differentiate, and Apply“. In particular, they write: “Machine Learning moves application development from programming to training: instead of writing new code, the application developer trains the … Continue reading
Posted in Business Analytics, Trends
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Managing Structured and Unstructured (Tacit) Knowledge
Ron Ross today tweeted a quote from a very interesting Harvard Business Review’s paper Managing your Mission-Critical Knowledge: “Speeding up codification will increase the value of knowledge. But making the tacit explicit can also be dangerous. The more codified the knowledge … Continue reading
Posted in Business Analytics, Trends
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Six Steps For Fast, Precise Decision-Making
Roy Schulte from Gartner in this Forbes article talks about real-time analytics that “enable faster, more precise and more effective decisions than conventional decisions made with stale data or no data. Think about how one poor decision at a telecommunications company could … Continue reading
Posted in Business Analytics
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Pokemon Go and the Traveling Salesman Problem
These days you may have heard stories of people hunting down Pokémon on their office desks, in hospital rooms, and even in bathrooms. Read about the brilliant mechanics of Pokémon Go. Do you want to catch them all? As quickly as … Continue reading
Posted in Case Studies, Decision Optimization, Trends
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Notes about DecisionCAMP-2016
DecisionCAMP/RuleML 2016 is now a history, and I’d say a very good history with a lot of very interesting mini-events. I will try to briefly describe some of them in these notes. This year the Decision Model and Notation (DMN) standard was … Continue reading
Posted in BPM, CEP, Decision Models, Decision Optimization, Events, Standards
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Will EU Law Restrict Automated Decision-Making?
A new article EU regulations on algorithmic decision-making and a “right to explanation” talks about the potential impact that the European Union’s new General Data Protection Regulation will have on the routine use of machine learning algorithms. Slated to take … Continue reading
Posted in Business Analytics, Explanations, Trends
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