Enabling Operational Excellence
Enabling Operational Excellence
Enabling Operational Excellence
Enabling Operational Excellence

TURNING OPERATIONAL KNOWLEDGE & COMPLIANCE INTO A COMPETITIVE EDGE

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Omissions? My Cumulative List of *Industries* Having Applied Business Rules, Decision Management, and Related Technologies Successfully

Find your industry in this list? If not, please let me know! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Banking, Credit, Financial Services, and Securities and Capital Markets … portfolio management, investment planning, loan origination, online banking, defined benefits, pension management, anti-money laundering Education … scheduling, certification, evaluation, scoring Entertainment and Gaming … royalties, casting, distributions Government, Taxation, Regulation and Safety … targeted inspections, entitlements, citizen empowerment, licensing Health Care … benefit administration, care management, consumer-directed health Insurance and Underwriting … customized plans, risk management, scoring, claims, fraud Manufacturing … product configuration, warranty management, quality assurance, lab procedures Media … promotions, advertising, scheduling Retail … buying trends, discount schemes, deals Telecommunications … provisioning, smart packaging Transportation and Travel … logistics, scheduling, load optimization Utilities … resource allocation, consumption analysis, real-time markets

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Ronald G. Ross

Ron Ross, Principal and Co-Founder of Business Rules Solutions, LLC, is internationally acknowledged as the “father of business rules.” Recognizing early on the importance of independently managed business rules for business operations and architecture, he has pioneered innovative techniques and standards since the mid-1980s. He wrote the industry’s first book on business rules in 1994.

Comments (6)

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    Paul Vincent

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    Manufacturing / transportation / telco: routing
    Banking / retail: fraud detection, algorithmic trading
    Government: cyberdefense
    Manufacturing / healthcare / goverment / banking / utilities / entertainment / telco: monitoring, governance

    No prizes for guessing that the CEP space is pretty much to do with “real time” versions of all these in the original list !

    Cheers

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    Joel Davison

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    Would you consider adding ‘Safety’ to your list of Business Problems? There are two areas:
    – Workplace Health & Safety which is generally concerned with preventing injury to employees, contractors, etc.
    – Regulated industries, for example rail, mining or aviation, where a regulator takes a specific interest in the safe operation of your business.

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    Paul Snow

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    I am not sure how you would categorize the application, but in 2012 we helped Coander (a Dutch company) build the Microsoft license advisor, which takes application use data, and reports what licenses are required from the 50,000 options Microsoft offers. Most customers save 40 to 60 percent, while improving compliance (reducing risks should they be audited for compliance).

    • Avatar

      Paul Snow

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      Oh yeah, using Decision tables.

  • Avatar

    Vijay

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    Also think on these areas

    Banking, Credit, Financial Services, and Securities and Capital Markets : Fraud/alerts
    Government, Taxation, Regulation and Safety : Benefits eligibility
    Health Care: Drug risk warnings, patient eligibility
    Insurance and Underwriting : Product pricing
    Transportation and Travel: Loyalty programs, e-ticketing

  • Avatar

    Sivaram Sivanarayanan

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    Adding the below business lines across Healthcare Lifesciences and Logistics domain:

    Healthcare
    .. Member profiling, routing, tracking interventions, health plan evaluation,

    Life Sciences
    .. Brand Management, Portfolio Optimization, Med Rep force effectiveness

    Logistics
    .. Global Pricing and Discounting Engine

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