Category Archives: Decision Making

AI-Driven Decision Making

Posted on October 30, 2019 by

This HBR’s article “What AI-Driven Decision Making Looks Like” discusses the evolution of decision-making. Here are the stages: A decision-making model based on human judgement Data-supported decision making A decision-making that utilizes AI A decision-making that combines the power of … Continue reading →

Posted in Artificial Intelligence, Decision Making, Human-Machine Interaction | Leave a comment

Opinion: Traditional Rule Engines Outlived their Usefulness

Posted on August 5, 2019 by

This LinkedIn article “How Traditional Rules Engines Stifle Innovation” states: “AI and advanced analytics are key to life insurance innovation. While the industry tries to make use of these technologies, the insurance application continues to play a central role in … Continue reading →

Posted in Decision Making, Insurance Industry, Rule Engines and BRMS | 1 Comment

Challenge Aug-2019: Stateful Decisioning

Posted on July 30, 2019 by

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

After Software Eats The World, What’s Left? “Decisions”

Posted on June 6, 2019 by

A post with this title has been published by Data Decisioning. It refers to Andreessen Horowitz podcast that asks: Is there anything left after software eats the world?  The focus of digitization and automation is on routine work, always in a … Continue reading →

Posted in Decision Making, Trends | Leave a comment

Data Science vs. Decision Science

Posted on May 9, 2019 by

Data Science Central posted this interesting comparison: “Data scientist is a specialist involved in finding insights from data after this data has been collected, processed, and structured by data engineer. Decision scientist considers data as a tool to make decisions … Continue reading →

Posted in Data Science, Decision Making | Leave a comment

Similarity in Machine and Human Decision Making

Posted on April 25, 2019 by

In his new post “Artificial and Human Intelligence” Alain Chabrier from IBM describes decisions the members of his own  family make while packing for vacation. In simple terms Alain nicely explains how we use 3 major Decision Management techniques (Rules, … Continue reading →

Posted in Business Rules, Case Studies, Decision Making, Machine Learning, Optimization | Leave a comment

RLDM – Reinforcement Learning and Decision Making Conference

Posted on April 16, 2019 by

Reinforcement learning and decision making have been the focus of research spanning a wide variety of fields including psychology, artificial intelligence, machine learning, operations research, control theory, animal and human neuroscience, economics, and ethology. Key to many developments in the … Continue reading →

Posted in Decision Making, Events, Machine Learning | Leave a comment