Category Archives: Business Rules

Implementing Rating Engines with Business Rules and Lookup Models

Posted on June 15, 2021 by decisionmanagementcommunity

On June 17 at 12 PM EST Carole-Ann Berlioz from Sparkling Logic will run a webinar about rules-based rating engines, e.g. scoring engines, pricing engines, compensation calculations, claims payment calculations, and many other types of calculation engines aimed to calculate … Continue reading →

Posted in Business Rules, Decision Modeling | Leave a comment

Everything old is new again

Posted on April 21, 2021 by decisionmanagementcommunity

Prof. Gene Freuder writes about Human-Centered AI: “human-centered”, “human-aware“, “human-AI collaboration” are, rightly, very prominent nowadays. But “everything old is new again”: I ran across an interesting twenty-year-old paper from the European Journal of Operational Research on Human centered processes and decision support … Continue reading →

Posted in Business Rules, Constraint Programming, Decision Making, Human-Machine Interaction, Machine Learning | Leave a comment

Next DecisionCAMP Monthly Session on Nov. 5

Posted on November 3, 2020 by decisionmanagementcommunity

The next DecisionCAMP monthly session “Building lightweight composable process applications using rules + workflow” will be presented by Dipo Majekodunmi, Solution Architect at ProcessMaker Inc., on Nov 5, 2020 at 12:00 PM EST. Join us at Zoom using the invite … Continue reading →

Posted in BPM, Business Rules, Microservices | Leave a comment

Intuit Tax Knowledge Engine

Posted on August 20, 2020 by decisionmanagementcommunity

Intuit just published a technical overview of their new Tax Knowledge Engine, the key innovation to make TurboTax smarter and more personalized for 37M+ consumers. First they listed key limitations for the traditional approach that are common for many rules-based … Continue reading →

Posted in Artificial Intelligence, Business Rules, Explanations, Human-Machine Interaction, Knowledge Representation, Logic and AI | Leave a comment

Dichotomy between Machine Learning and Business Rules

Posted on December 2, 2019 by decisionmanagementcommunity

Prof. Hafedh Mili published an article “On the fallacy of the dichotomy between analytics/machine learning, and business rules“. The main points are: We have been there before Business rules rely on analytics If you need to explain your decisions to someone, you need business rules … Continue reading →

Posted in Artificial Intelligence, Business Analytics, Business Rules, Machine Learning | Leave a comment

Gartner’s Magic Quadrant for Metadata Management Solutions

Posted on October 31, 2019 by decisionmanagementcommunity

On Oct 16 Gartner published a new “Magic Quadrant for Metadata Management Solutions“.  Metadata management is an aspect of an organization’s management of its data and information assets. The term “metadata” describes the various facets of an information asset that … Continue reading →

Posted in Business Processes, Business Rules | Leave a comment

Book “Business Rules: Management and Execution”

Posted on October 18, 2019 by jacobfeldman

This book “Business Rules: Management and Execution” has been just published at Amazon.  It consists of 2 parts: Part 1: Business Rules Management Part 2: Execution. Award Winning Case Studies Link

Posted in Business Rules, Case Studies | Leave a comment

Business Decision Models are moving to Serverless World

Posted on August 12, 2019 by decisionmanagementcommunity

In the new cloud-based world, the decision-making applications have new requirements to operational decision services. The traditional monolithic services are being replaced by microservices that requires high availability, security, and super-fast performance. The customers are not satisfied anymore with a relatively … Continue reading →

Posted in Architecture, Business Rules, Decision Models, Serverless, Trends | Leave a comment

Flash Points: Business Rules, Events, and Integrity

Posted on August 6, 2019 by decisionmanagementcommunity

Ron Ross just published “Flash Points: Business Rules, Events, and Integrity“: “Flash points are the specific events when a rule needs to be evaluated based only on the semantics of the rule itself. For a behavioral business rule, flash points … Continue reading →

Posted in Business Rules, Decision Modeling, Events | Leave a comment

Challenge Aug-2019: Stateful Decisioning

Posted on July 30, 2019 by decisionmanagementcommunity

Nowadays it’s not enough for decision making applications to simply execute a complex rules-based transaction, forget about it, and wait for the next one. They should be able to learn from already executed transactions and evaluate new facts as they … Continue reading →

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Posted in Business Processes, Business Rules, CEP, Challenges, Decision Making, Events | Leave a comment