The world around us is evolving at high speeds, and the speed of change is going to increase more in next years. Digital revolution has permeated in the society and has hit on companies of all industries. The companies should change and adapt faster in order not to be outdone. This is the mantra repeated in the executive’s directions among the main companies.
Today’s competition in many manufacturing industries is leading companies to expand their product portfolio, which combined with the advanced technology present in modern production sites, raises the need for efficient production planning. Often times, purchasing new production machinery is not an option because of the increase in fixed costs. Hence, efforts are being directed towards technology and efficiency improvement.
Description For the Challenge de Diciembre 2014 – Enero 2015 , Decision Management Community web proposes participate in the “UServ Product Derby”. Over 10 years ago BR vendors had a chance to demonstrate their product capabilities at Business Rules Forums, using the same use case known as “UServ Product Derby”. The majority of BR vendors openly competed…
We have moved back to London in the Victorian era to solve Agatha’s death mystery and thus to face this month’s Challenge, following the usual Agatha Christie’s style. This is our response to the challenge posted by LinkedIn group The Decision Model for the month of November and has the following statement: Decision Model “Who…
Proceeding with the challenges proposed in Decision Management Community to all who use Decision Management technologies, we are going to use Progress Corticon Studio in the search for a solution of Challenge Oct-2014. Decision Model: Borrowing PASS/FAIL Decision with Mitigation Criteria. Rule # 1: New Borrowings cannot exceed 30% of Total Assets. Mitigation Criteria: If the executive committee flag is…
After discover this funny problem in this post we’ve solved it by creating a Decision Service under IBM ODM 8.6 technology. Although it’s clear that it’s not a realistic stuff (we all know that werewolves don’t live int graveyards) is a good example that shows how to define the calculation of a risk. This is…
On February 26th, Javier Lafuente, CEO of decide soluciones, together with IBM presents the webinar “Optimizing replenishment processes in the Fashion Industry”.
Stochastic Optimization seeks the best decision in a scenario involving random events, those that depend on chance, whether those events are product prices, task durations, the number of people queueing at an ATM, the number of breakdowns in a fleet of trucks, or even the adoption of regulations.
So, what are the important concepts here? We will finish this introduction to CEP with a summary of the most important ideas with which complex event processing deals. Immutability of events. In CEP all the events that are used as a starting point are immutable.
In the first part of this article “Introduction to Complex Event Processing I” we saw some of the most important principles of CEP. This section will provide a detailed analysis of the core concepts upon which complex event processing is based.