Enterprise Decision Management - a Weblog

BEA on Event Driven Architecture Sounds a lot like EDM

Yesterday BEA Systems released a white paper summarizing their findings of a customer study regarding Business Process Management (BPM). The paper is titled “The State of the BPM Market – Business and IT: Solving Process Problems Together.” BEA also culled through numerous analyst and other industry expert insights to narrow in on the key trends driving adoption of BPM related technologies. There were two especially notable items in the report that show an Enterprise Decision Management (EDM) approach to operational decision automation, connection and improvement is becoming an increasingly mainstream concept – even if the term EDM isn’t the label.

EDM Helps Minimize Trade Offs Between Application Maintenance and Strategic Initiatives – So Says Forrester Research

While Enterprise Decision Management (EDM) is not called out specifically in Forrester Research’s January 28 report, “The State Of Enterprise Software Adoption: 2007 To 2008,” it describes issues top of mind among technology executives addressable with EDM technologies, such as Business Rules Management Systems (BRMSs). The report is based on results of a survey of 1,017 IT decision-makers in North American- and European-based enterprises.

Gartner’s 2008 Predictions Include Bright Future for Enterprise Decision Management

Gartner recently issued two “Predicts: 2008” reports highlighting their expectations for Enterprise Architecture and the Business Process Management Suites (BPMS) Market. Both recognize noteworthy and highly complementary trends reflecting the value of Enterprise Decision Management (EDM), particularly Business Rules Management Systems (BRMSs) supporting EDM principles.

The need for automated decisioning in healthcare

(Posted by guest blogger, James Taylor) Regular readers of the blog will know that I am fairly cynical about the power of electronic health records to be more than a building block for better healthcare. I do not believe that...

While Forrester Envisions Consolidation for the 3 "Bs", it's Happening for Apps and BI Vendors

Cognos and Microstrategy are the two remaining independent Business Intelligence (BI) software giants following today’s news that SAP was purchasing Business Objects. Speculation was building online last week that a deal was in the works and in fact for much of this year since Oracle purchased Hyperion, such rumors have been the case.

Insightful Hindsight on Forrester's 3 “Bs” Points to Need for EDM

While reading recent news in the Process Management section of Intelligent Enterprise today, I noticed a September 27, 2007 post by Sandy Kemsley titled “Forrester: Why BI, BPM and Rules Technologies Will Converge.” Sandy was part of a panel discussion at Forrester Research’s Technology Leadership Forum (Sept. 24-27) focused, in part, on the contents of a Forrester report issued to coincide with the event. I previously blogged about that report, titled “The Dynamic Business Applications Imperative,” by John Rymer and Connie Moore.

Decision Management at the Heart of Future Enterprise Applications, so Says Forrester Research

Respected technology prognosticators John Rymer and Connie Moore of Forrester Research just published a new paper titled, “The Dynamic Business Application Imperative” (September 24, 2007, For CIOs). Rymer and Moore envision a new generation of enterprise application that some IT organizations today are cobbling together in order to meet ever changing business, technical and marketplace requirements.

Using decision management to transform claims

Karen Pauli of Tower Group recently wrote Technology Direction in US P&C Insurance Claims Operations: Transforming a People Business (subscription required). This is a great paper and highly recommended for those of you thinking about how to improve your claims...

Shameless Commerce: Calling the Sub-Continent

EDM software market is estimated to be about $ 20 billion worldwide and growing at 10-12 percent annually.

Live from EBRC - mobile healthcare monitoring

Next up are my old friends from Kiwok - Rules to improve care processes and patient quality of life. The Kiwok solution being discussed is for heart monitoring. Previously, when a patient had heart problems, hospitals hooked up a device...

Using decisioning to build the healthcare payment of the future

I saw this report from McKinsey - Overhauling the US health care payment system (subscription required). Their summary has three key points: The hugely inefficient US health care payment system is ripe for transformation. The inefficiency is concentrated in the...

Shameless commerce: Smart (Enough) Systems

As some of you know by now I have been working, with Neil Raden, on a new book. As the files shipped to the printers yesterday, I thought I would take the opportunity to shamelessly plug the book here on...

What you need to know about Decision Services

A key tenet of Enterprise Decision Management is the automation of the operational decisions that drive your business. You need to identify operational decisions and automate them; you also need to separate them out from the rest of your applications...

"Blogging Live" from InterACT Lisbon: "How EDM Really Works"

"How EDM Really Works" at InterACT introduces the concepts of decision automation and predictive analytics.

New white paper on heatlhcare fraud

Montgomery Research just published the new Healthcare Technology Report and it includes a white paper by me - Eliminating Healthcare Fraud Through Technology. You may need to register to read it. Don't forget there is a Fraud section and a...

Predictive Analytics a must for Healthcare Payers

I saw this report by Joanne Galimi of Gartner today - "Predictive Analytics a must for Healthcare Payers". The executive summary makes a great point: The healthcare payer market is using current and historical data as a predictor of the...

Using Business Rules to monitor patients

Press release today - Fair Isaac Enterprise Decision Management Technology Supports Remote Patient Monitoring in Innovative Healthcare Solution - about how Kiwok uses Blaze Advisor to monitor patients to improve their health and reduce the cost of their healthcare. This...

Mobile monitoring in healthcare

I saw this article on monitoring diabetes in the Arizona Republic. This use of mobile technology to continuously monitor patients in a home/office/non-medical setting is going to be big trend in the coming years. I know of other companies using...

Automating decisions can improve your health

I saw this post on Yahoo about how an Internet system helps with asthma control. One quote in particular struck me "Self-assessment and self-management are the goal". Absolutely. Automating decisions is a key part in how healthcare providers can reach...

Building a Hospital for the 21st Century

The McKinsey Quarterly had a nice piece this week - US hospitals for the 21st century - which identified some key problems for . These include medical safety issues, high costs and increasing economic pressure. Drivers include Consumer-Driven Health Plans...

Medical errors and decisioning

Interesting article on USA Today Report finds drug errors injure more than 1.5 million. The article estimated more than $3.5B in unecessary costs. It gave a list of things you can do as a consumer to help. It made me...

Healthcare Podcast

Nice little podcast by a colleague on the topic of healthcare and using business rules to improve its delivery.

Eliminating fraud (in healthcare) with EDM

Bill Briggs over at Health Data Management wrote a nice little piece on how I.T. Helps Payer Smoke Out Fraud. This article brings up what is a huge issue - healthcare payers are paying tens of billions in erroneous, abusive...

Claims management - processing faster and detecting fraud with EDM

Why is claims management a perfect fit for EDM? Well, it is key for customers and agents to have a positive experience when first providing details of a claim as this sets the tone for the whole interaction. This tends...

Healthcare and credit-based decisioning

Saw this interesting little piece in Health Data Management today - Hospitals Should Know the Score. An interesting snippet on how important proper credit management is for hosptials - "As much as 30% of patient payments end up being written...

Interoperable Medical Records - SO WHAT?

In the Federal Times last week there was an article on Your health records online. The government is mandating interoperable medical records by 2014 to try and avoid potentially life-threatening medical errors, such as prescribing drugs that counteract other medicines...

InterACT - A Summary

Well I think we are done blogging from InterACT so I thought I would write a quick summary. There were a ton of good sessions and lots of interesting discussions so the links below represent just a tiny fraction of...

Live from InterACT (not really): When Rules Make the Best Medicine

This excellent session on the use of business rules in improving the delivery of healthcare was given by Mark Clare,VP of Knowledge and Information Management Parkview Health and Adjunct Professor at Northwestern. Mark presented on how Parkview Health is using...

Dell, healthcare and decision automation

Interesting piece in Business Week - Dell Takes Health Care Online - about Dell's use of technology in helping its employees manage their health. There is a clear movement to the use of Consumer Directed Health Plans (CDHPs) and this...

EDM and healthcare claims

This article on b-eye network caught my eye this morning - Using Healthcare Business Intelligence to Improve Revenue Management. In it Scott Wanless makes some great points about why the healthcare claims arena is a mess. Among the issues he...

Healthcare needs predictive analytics, and EDM, more and more

Saw this article - Predictive Analytics and the New World of Retail Healthcare - in Health Management Technology. A great summary of the value of predictive analytics to the changing healthcare insurance market. Interestingly this is also a market that...

Business Rules as a solution to Healthcare problems

This article - IT Could Help Ailing Health Care Systems - led with the statement that "Health care systems across the developed world are struggling to coordinate care and keep patients informed about what their medications do. That's the conclusion...

Predictive analytics can detect growing fraud in Healthcare Claims

I saw an interesting article in CIO Insight the other day: Health IT Must Target Fraud, Group Says. The report - from the Foundation of Research and Education (FORE) of the American Health Information Management Association (AHIMA) - says that...

Decisioning in Healthcare

Healthcare companies need to move from decision support to decision automation using business rules.