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Category Archives: Rule Engines and BRMS
Roadblocks to Rules Engines
Carol-Ann Berlioz from Sparling Logic lists several roadblocks to decision management systems or rules engines as they are still often called. And she also lists great benefits of using them: Link
Posted in Products, Rule Engines and BRMS
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Lifetime Achievement Award in Decision Management goes to Dr. Charles Forgy
The first Lifetime Achievement Award in Decision Management goes to Dr. Charles Forgy, the father of rule engines! It was just announced at DecisionCAMP-2018 – see the presentation. Congratulations and a big THANK YOU to Dr. Forgy from all members of … Continue reading
Posted in Events, Most Influential, Rule Engines and BRMS
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Rules Engines are not a silver bullet for underwriting….
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
Posted in Rule Engines and BRMS
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Does Real-World Decision Management Need Inference?
A set of recent articles by Paul Haley again brings attention to this important question. Paul insists that “It’s time to trade rule technology dating back to the 80’s for state of the art AI” and points that “BRMS are incapable … Continue reading
It’s time to trade rule technology for state of the art AI?
Five years ago Paul Haley expressed his frustrations with production rule technology (to which he was one of the major contributors) because of its inability to perform deduction. He wrote that rule vendors should stop “dressing up a procedural language!” … Continue reading
Business Rules Excellence Awards
Do you have an interesting Business Rules Use Case? Submit it for the opportunity to win a highly prestigious award and publication in the next book on BR to be published within 12 months following the Awards Ceremony at BBC-2018. The Business Rules Excellence … Continue reading
Posted in Case Studies, Misc, Rule Engines and BRMS
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RETE Goes GNU
According to James Owen, “Dr. Charles L. Forgy, the original inventor of Rete algorithm has released his invention into the wild. Not just the original Rete but Rete-NT, the latest and greatest! Yes, you read that right! Rete-NT is now … Continue reading
Posted in Rule Engines and BRMS
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Classification Schemes for BRMSs
“Business Rules Management Systems (BRMSs), business rules engines, knowledge management systems, expert systems, predictive analytics systems, and decision management systems are only a few of the terms which are currently used to refer to software packages used to specify, execute … Continue reading
Posted in Rule Engines and BRMS
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Built for Change: Interview with Alan Trefler
Pegasystems has experienced tremendous success in recent years. The stock is up more than 100 percent in the past year, and it is tempting to think of the company as a start-up, perhaps run by a 20-something entrepreneur in the Bay … Continue reading
Posted in BPM, Business Analytics, Products, Rule Engines and BRMS, Trends
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Smart contracts need business rules to be really smart
Blockchain technology is on its way to change the game in a lot of industries by providing the platform of trust to transact value in a business network. Smart Contract is a key mechanism of the platform. The new article by … Continue reading
Posted in Blockchain, Rule Engines and BRMS
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