Building the Case for a Decision Management Platform : Market Research Report

Building the Case for a Decision Management Platform

Published by: IDC

Published: Jan. 19, 2010 - 13 Pages

Table of Contents
IDC Opinion

In This Study
Situation Overview
BRMS Market Concerns
Visibility
Open Source Software in BRMS
BRMS Operational Issues
Future Outlook
Toward a Decision Management Platform
Decision Process Improvement
Key Characteristics of Business Rule Engines
Analytical Techniques in Support of Decision Process Improvement
The Relationship Between Business Rules and Analytics
Analytic Preprocessing
Analytic Postprocessing
The Relationship Between Business Rules and Complex Event Processing
The Decision Management Platform
Essential Guidance
Learn More
Related Research
Synopsis
Figure: Bounding the Decision Process Improvement Space
Figure: Analytical Techniques
Figure: The Relationship Between Rules and Analytics
Figure: The Relationship Between Business Rules and Complex Event Processing
Figure: Bringing Together Complex Event Processing and Business Rules into a Decision Management Platform

Abstract

This IDC study discusses the business rules management systems (BRMS) market that has for several decades been the focal point for automating decisions. However, more recently, the advent of complex event processing (CEP) has emerged, providing a very different yet complementary decisioning technology. IDC has sized and forecast both these markets and therefore is familiar with the opportunities and challenges that each market faces. This document evaluates role analytics, BRMS, and CEP; forwards an integrated approach to addressing decisioning; and identifies a variety of architectural characteristics that need to be present in the converged decision management platform.

"The concept of a decision management platform brings all types of decisioning together under one roof," said Stephen D. Hendrick, group vice president for Application Development and Deployment Research. "By doing so, users will find it easier to leverage decisioning in an explicit, complete, and consistent way."

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