Solutions to Nov-2018 Challenge “Vacation Days Advanced”

We’ve already received 3 submissions with solutions to our November challenge “Vacation Days Advanced” using different tools: FICO Blaze Advisor, OpenRules, and DT5GL . Contrary to the 2016 challenge “Vacation Days”, this one doesn’t have inter-rules relationships like “apply this rule only if you didn’t apply this rule”. It rather provides a constraint across all rules (“The total number of vacation days cannot exceed 29”) and asks a decision engine to maximize the total number of given vacation days. Please compare the provided solutions and share your thoughts here.

Posted in Challenges, Decision Modeling, Optimization | Leave a comment

The end of the beginning

Benedict Evans, a partner at Andreessen Horowitz, gave a big annual  presentation on the state of tech – ‘the end of the beginning’ at a16z’s annual tech conference on Nov. 16, 2018. “Close to three quarters of all the adults on earth now have a smartphone, and most of the rest will get one in the next few years. However, the use of this connectivity is still only just beginning. Ecommerce is still only a small fraction of retail spending, and many other areas that will be transformed by software and the internet in the next decade or two have barely been touched. Global retail is perhaps $25 trillion dollars, after all.”  Continue reading

Posted in Digital Transformation, Human-Machine Interaction, Innovation, Machine Learning, Trends | Leave a comment

Small Companies Adopt Business Intelligence and Analytics Twice Faster than Large Organizations

This article discusses “What will the future of business analytics look like?” It states: the future of business analytics is small business! 1 out of 3 small business leaders believe business intelligence (BI) and analytics will have a significant impact on their small business within 1-2 years. Companies with fewer than 100 employees are more than two times more likely as large organizations to report the highest rates of BI adoption. Large companies say they have more than 15 percent BI penetration into their workforce, but in small business this number doubles to 36 percent. Read more

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Intelligent Chatboats for Commercial Interactions

The NY Times Magazine published an article called “INTELLIGENT CHATBOTS COULD AUTOMATE AWAY NEARLY ALL OF OUR COMMERCIAL INTERACTIONS”. Andrew NG tweeted today: “Great article about how chatbots like HiWoebot will be one of the most important applications of NLP. It feels like we’re over the chatbot hype, but the movement continues to take off. ” Read the article

Posted in Artificial Intelligence, Human-Machine Interaction, Natural Language Processing | Leave a comment

IBM to Acquire Red Hat

This big announcement came on October 28, 2018. The acquisition is by far IBM’s largest deal ever, and the third-biggest in the history of U.S. tech. In a joint statement IBM and Red Hat stated that the “deal will make IBM the #1 Hybrid Cloud Provider in an emerging $1 trillion growth market” – read Press Release and Chart PDF. Red Hat will become a unit of IBM’s Hybrid Cloud division. From the Decision Management perspective, the deal would be very important as well because one of the major commercial vendors (IBM ODM) acquires one the major open source vendors (Red Hat Decision Manager and Drools).

Posted in Products, Trends | Leave a comment is our new sponsor

DMCommunity welcomes a new premium sponsor, a leading provider of BPM/Workflow/Rule Technology headquartered in Chesapeake, Virginia. Decisions was founded in 2010 by Carl Hewitt to provide technology for automating key business processes and business rules and making the rules and the logic accessible to non programming staff. In 2018 Decisions is recognized as a strong performer in the Forrester New Wave for Digital Decisioning Platforms.

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Blockchain Explained: What it is and isn’t

There are a lot of misconceptions about blockchain. A lot of people have heard of blockchain but really don’t understand quite what it is. You hear everything, from everybody thinking that blockchain is Bitcoin or vice versa, it is for smart contracts or for financial transactions only. This McKinsey’s podcast uses a database analogy to explain what blockchain is and isn’t and why it matters. It describes 5 common blockchain myths and 6 distinct categories of blockchain use cases. Link Continue reading

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