Category Archives: Decision Models

What is a ‘Decision’?

Ron Ross, Jacob and I have recently been discussing the March DMC Challenge. In his submission Ron suggests the challenge is a ‘rules problem’ not a ‘decision problem’ and quite reasonably asked me for my definition of a ‘decision’ when … Continue reading

Posted in Business Rules, Decision Making, Decision Modeling, Decision Models | 3 Comments

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:

Posted in Business Analytics, Business Processes, Decision Modeling, Decision Models, DMN, Products | 1 Comment

Data Decisioning

Data Decisioning was recently founded by Peter Schooff and John Morris, two veterans with decades of success in enterprise technology. Why? “What’s more important than data to today’s enterprise? The decisions a company makes based on that data will determine their success … Continue reading

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Launch of Dataset Search

Google launched Dataset Search, which can help researchers, scientists, and others around the world find open datasets! Dataset Search lets you find datasets wherever they’re hosted, whether it’s a publisher’s site, a digital library, or an author’s personal web page. The … Continue reading

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How to Optimally Allocate “Bribe” Money

Tallys Yunes published an Excel-based optimization model that calculates the likelihood that certain agents will perform a given action that benefits you. Link Below are a few examples:

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Can AI build a decision model for you?

A recent TechRepublic article “Now AI can write code for you” reported that Rice University researchers created an application called BAYOU that uses deep learning to write code for programmers. While the technology is in its infancy, it represents a major … Continue reading

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Solutions for Apr-2018 Challenge

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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