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Category Archives: Decision Modeling
Decision Management: What It Is and Why You Need It
Today Roy Schulte from Gartner ran the webinar “Decision Management: What It Is and Why You Need It” describing the state of the art in decision management and offering guidance on how to get started. Here are a few slides:
Spreadsheets in Decision Management
On March 14 Carole-Ann Berlioz from Sparkling Logic will run the webinar “Spreadsheets in Decision Management“: “In some cases, spreadsheets are translated into business rules, in others, they remain the format of choice for maintenance, while systems must learn how … Continue reading
Posted in Decision Modeling, Spreadsheets
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Is Your Insurance Business Missing a Critical Decision Window When it Comes to AI?
Yesterday Craig Bedell from IBM’s Global Insurance Industry Leadership Team wrote: “I believe most insurance companies have hit a critical point in time with regards to their investments in analytics, innovation and even AI, where business leaders are measuring more … Continue reading
Rolando Hernandez: Spaghetti Rules vs. Business Rules
“How do you explain Decision Management and Business Rules Management to a CEO, why it matters to them, and why they should hire you? In 60 seconds? Here is how I do it. First, I have 30 seconds to explain Business … Continue reading
Posted in Business Rules, Decision Modeling
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Decision Simulation
“Decision services can have unintended results that may or may not be consistent with the original intent of the business. The best way to gauge the impact of a new model once it goes into production is to first run … Continue reading
Posted in Decision Modeling
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Challenge Jan-2019 “Identify Unfriendly Robots”
Our Jan-2019 Challenge asks you to help a cyber police to specify rules that identify if a robot is friendly or unfriendly. The rules can be expressed in terms of any features you can see in robots, such as the shape … Continue reading
How to Drive a Successful Decision Automation Project
Jerome Joubert from IBM published an article with this title listing three important factors which drive success with your decision automation project: Business-oriented methodology. Let your business experts take control by discovering business decisions and validating them with no need to write … Continue reading
The same Challenges for AI and Decision Models
Peter Voss just quoted this Harvard Business Review’s article: “The scientific community is good at building AI models that perform a single task really well. But more intuitive, conversational, and contextual interfaces will require an AI model that learns continuously — … Continue reading
Decision-Centric RPA
Arash Aghlara compares traditional Robotic Process Automation (RPA) with decision-centric RPA when both robots and staff share the logic for repetitive operational business decisions. “Enabling robots to make such decisions is not about technologies like AI, Machine Learning, Neural Networks, Predictive Analytics, etc. … Continue reading
Posted in Decision Modeling, Human-Machine Interaction, RPA
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Decisioning Challenges of Driverless Cars
It is a lot harder to make an autonomous car than to sell the idea to AI-obsessed audiences. Christian Wolmar, the British author and broadcaster, said in this interview: “This is a fantasy that has not been thought through, and … Continue reading
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