Oscar Wilde’s retort to customs officials may be apocryphal, but oddly it has implications for decision automation. For example, is it always necessary for decisions to declare (in their design) the data type of their results? Or are there advantages to withholding this information until they are used? Should tools verify that decisions comply with … ContinuedRead More
RapidGen associate Jan Purchase was elected as inaugural chairmen of the Decision Automation Organisation’s DMN On-Ramp (DMNOR) committee in May 2021. In January 2022, RapidGen’s own Brenda Barnes was invited to join the Review Committee. In this article, we explain the purpose of the committee and its first deliverables to help businesses adopt DMN. Introduction … ContinuedRead More
Decision tables are often used as part of the definition of business decisions because they are concise, easy to understand and easy to change. Occasionally, the logic of business decisions requires decision tables with many hundreds or even thousands of rows. We need to handle large lookup tables without requiring them to be entered into a decision model manually. Here we describe how…Read More
As you set out to model and automate your company’s digital decisions, be aware that it requires a way of working and thinking with which you may be unfamiliar. Improving the agility, transparency and intelligence of your automated business decisions with digital decisions is not something you can accomplish overnight. It’s essential to start with … ContinuedRead More
While you are improving the agility, transparency and intelligence of your automated business decisions with digital decisions, consider the simple guidelines below. Do Start with Clear Business Goals in Mind When you model a decision, always start with the business motivation for making a decision, consider: Why automate this decision, how, specifically, would business operations … ContinuedRead More
The Mortgage Industry Standards Maintenance Organisation adopts the DMN standard for business rules and decisions across the mortgage industry.
This provides an excellent illustration of the benefits of DMN and paves the way for its use in other industries.Read More
The IFRS-17 insurance accounting standard comes into force in May 2021, requiring insurance firms’ financial accounting systems to process transactions at a much finer level of detail.
Decision management is a powerful enabler for automating regulatory compliance, delivering transparency, and enhancing profitability.
Read this article to understand how high-speed, automated support for IFRS-17 was achieved with DMN and Rapidgen softwareRead More
In response to another DM challenge, we proposed an optimized DMN decision model.
Benchmarking tests on a simple laptop show high throughput and scalability at 500,000 decisions per second on a single core.Read More
The General Data Protection Regulation (GDPR) will start to be enforced across the EU in May 2018 for companies handling data on EU persons or companies. This includes the requirement to explain your decision-making.
If your company falls under the scope of GDPR, using decision modeling, deploying a decision technology stack and executing your automated decisions on a highly performant decision execution engine are going to be vital.Read More