Monthly Archives: May 2018

Rules Engines are not a silver bullet for underwriting….

Posted on May 12, 2018 by decisionmanagementcommunity

This is the name of just published Gail Jones’s article. “Rules engine are often seen as a silver bullet solution for Underwriting. They promise fast and consistent decisions at point of sale with increased efficiency and consistency. Coupled with the … Continue reading →

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Gary Kasparov: we’re not being replaced by AI, we’re being promoted

Posted on May 8, 2018 by decisionmanagementcommunity

On May 7 the Wall Street Journal published a new article by Gary Kasparov. “We’re not being replaced by AI. We’re being promoted. My chess loss in 1997 to IBM supercomputer Deep Blue was a victory for its human creators and mankind, not triumph … Continue reading →

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Offshore Outsourcing is Dying

Posted on May 8, 2018 by decisionmanagementcommunity

A new research shows that enterprise use of offshore outsourcing is slowing considerably in the US with the last election. Highest performing enterprises are replacing traditional IT outsourcing with value-based partnerships. Link

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Decision Optimization and Finance: Doing more with less

Posted on May 7, 2018 by decisionmanagementcommunity

Alex Fleischer from IBM writes that Optimization (Doing more with less) has been quite a success at many banks and insurances for decades. Along with many finance use cases of CPLEX, he describes 4 recent optimization success stories in international … Continue reading →

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Self-Driving Cars are Here

Posted on May 7, 2018 by decisionmanagementcommunity

Self-driving cars are no longer a futuristic AI technology. Today Andrew Ng informed the world that after decades of anticipation, practical self-driving cars are here. Drive.ai will offer a self-driving car service for public use in Frisco, Texas starting in … Continue reading →

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The Rise of Digital Humans in Social Media

Posted on May 7, 2018 by decisionmanagementcommunity

WIRED just published an article “CGI ‘Influencers’ Like Lil Miquela Are About to Flood Your Feeds“. Here is what happened. An Instagram influencer named “Bermuda” hacked the account of fellow influencer “Lil Miquela”, who has over a million followers. Not … Continue reading →

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Let the AI Benchmarking Wars Begin

Posted on May 4, 2018 by decisionmanagementcommunity

On May 2, 2018 a diverse group from academia and industry – Google, Baidu, Intel, AMD, Harvard, and Stanford among them – released MLPerf, a nascent benchmarking tool “for measuring the speed of machine learning software and hardware.” The hope is … Continue reading →

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Solutions for Apr-2018 Challenge

Posted on May 3, 2018 by decisionmanagementcommunity

So far we received 3 solutions for our Apr-2018 Challenge “Up-Selling Rules”: DT5GL,  Corticon, and OpenRules. While the decision model is simple, it contains two decision tables that should be executed in a certain order: first define a customer profile and only then offer new products. … Continue reading →

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Oracle PCS with DMN

Posted on May 1, 2018 by decisionmanagementcommunity

With the latest release of the Process Cloud Service (PCS), Oracle has released a preview version of its much awaited Decision Model and Notation (DMN) engine. A combination of process and decision modeling simplifies business processes by eliminating and replacing … Continue reading →

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