Neil Raden: “Before the world went analytics crazy…”

Posted on August 4, 2019 by decisionmanagementcommunity

Neil Raden: I’m re-posting an article I published six months ago about Process Intelligence a.k.a. Process Mining. I’ve been getting a lot of questions about this lately. “Is Process Intelligence (Mining) a distinct discipline from analytics?” Link 

Posted in BPM, Business Analytics, Business Processes | Leave a comment

Challenge Aug-2019: Stateful Decisioning

Posted on July 30, 2019 by decisionmanagementcommunity

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 become available. As many BR&DM vendors advance their products to support such stateful, perpetually running applications, we bring  back the old Challenge that mainly remains unresolved. So, how would you support the following Dynamic Loan Evaluation scenario today? Link  Video

Posted in Business Processes, Business Rules, CEP, Challenges, Decision Making, Events | Leave a comment

Knowledge Specification and Querying

Posted on July 25, 2019 by jacobfeldman

Our colleagues from the Rules and Reasoning community have just reported interesting results. They built a system that achieves 100% accuracy on an extensive test suite of movie-related questions, e.g. “Who appears in a Steven Spielberg directed film?”. Their approach utilizes a Controlled Natural Language (CNL) that could enable domain experts, who are not trained logicians, to both create formal knowledge and query it. They contrasted their approach with a machine learning approach based on neural networks, which falls far short of this high mark. Link

Posted in Natural Language Processing, Reasoning, Semantic Web | Leave a comment

Sandy Kemsley: Case Management Meets Microservices

Posted on July 24, 2019 by decisionmanagementcommunity

Sandy Kemsley is an independent analyst well-known for her thoughtful reports and blogs in the area of intelligent process automation.  A quote from Sandy’s latest blog post: “Moving from a monolithic application to microservices architecture makes good sense for many business systems today; for intelligent case management, where no one supplier can provide a good solution for all of the required capabilities, it’s essential.” Read her report “A Microservices Approach to Intelligent Case Management Applications“. We are looking forward to Sandy’s blogs from the DecisionCAMP-2019 in September.

Posted in Microservices, Trends | Leave a comment

Data => Information => Knowledge

Posted on July 23, 2019 by decisionmanagementcommunity

Walid Saba posted a very simple example that explains how Data becomes Information and how Information can be transformed to Knowledge. Link

Posted in Reasoning | Leave a comment

Low-Code vs. No-Code

Posted on July 16, 2019 by decisionmanagementcommunity

John Rymer, VP and Principal Analyst at Forrester, published a video, in which he stresses the difference between “Low-Code” and “No-Code” application development platforms. While many BR&DM products today may justifiably claim that they offer low-code platforms for business people to create their decision-making applications, you hardly can point to one that is actually “No-Code”, that according to John “does not require any coding in 100% of the time”. Link

Posted in Products, Trends | Leave a comment

Agile Lipstick…

Posted on July 13, 2019 by decisionmanagementcommunity

Do you agree with this LinkedIn article: “Many Organisations are just applying Agile Lipstick i.e. making superficial or cosmetic changes in a futile attempt to disguise the true nature of the challenges their Organisation face“? Link

Posted in Misc, Trends | Leave a comment

Undecidability in Machine Learning

Posted on July 8, 2019 by decisionmanagementcommunity

There are a number of technical maths questions that are known to be ‘undecidable’ when a statement cannot be proved either true or false using standard mathematical language. Recently a team of mathematicians proved that “Learnability can be Undecidable” where “learnability” is defined as the ability to make predictions about a large data set by sampling a small number of data points. At the end it comes to a question whether an algorithm can generalize its knowledge. For instance, given the answer to a ‘yes or no’ question “Does this image show a cat?” for a limited number of objects, an algorithm should decide the answer for new objects. Link

Continue reading →

Posted in Discoveries, Machine Learning | Leave a comment

Code for Good

Posted on July 7, 2019 by decisionmanagementcommunity

Every year JPMorgan Chase invites university students and experienced professionals to join them for an impactful experience: Code for Good, a series of hackathons hosted in their global technology centers. During these events, participants spend 12-24 hours with JPM employees, developing creative solutions to help nonprofits tackle real world problems. Link

Posted in Events, Misc | Leave a comment

Decision Management Product Catalogs

Posted on July 5, 2019 by decisionmanagementcommunity

CatalogThis website maintains Live Catalogs of Decision Management tools that allow practitioners to compare different products feature-by-feature and to choose Decision Management products that are the most suitable for their particular needs. Product profiles are submitted and maintained exclusively by product developers who are solely responsible for correctness of the provided information and for keeping it up-to-date. All Catalogs have been moved to Amazon EC2 and work much faster now. We ask all product authors to update the profiles of their products. If you forgot your access attributes, send us a request to decisionmanagementcommunity@gmail.org.

Posted in Products | Leave a comment