“Model-based” vs. “Method-based” Approaches to Decision Modeling

In Aug-2018 Prof. Robert Fourer gave a tutorial “Model-based Optimization“, in which he compares two essentially different approaches to modeling optimization problem: “model-based” vs. “method-based”. He is using a relatively complex “Balanced Assignment” problem to demonstrate his points. While Fourer’s tutorial deals with optimization, I believe the same arguments are directly related to Decision Modeling that so far mainly remains method-based. During DecisionCAMP-2018 we had interesting (and sometimes hot) discussions about these two approaches and in my closing remarks I described the major differences between them as follows: Continue reading

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Decision Management and Semantic Reasoning

Considering the upcoming conferences, I was asked by Harold Boley to write about a possible integration of Semantic Reasoning and Business Decision Management. Today I posted an article at the RuleML Blog and decided to reproduce it here as well but in a bit more friendly format.
On September-2018 DecisionCAMP and RuleML+RR will be co-located again for the third time during the LuxLogAI-2018 summit in Luxembourg. These two events represent different but closely related fields of the knowledge representation movement: Business Rules & Decisions Management and Semantic Reasoning. In this post I want to talk about relationships between these two fields and events.

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Happy 15th Birthday, OpenRules!

Today is exactly 15 years since OpenRules, Inc. was incorporated on Feb. 24, 2003. It’s a quite serious milestone, so I decided to write a few words for this occasion. A year ago, I described a brief history of our company and key factors that made it successful. 2018 was an extremely successful year for OpenRules as well: we improved the product and many major corporations became our new customers. But in this post I want to look to the future and to share some of our upcoming and long term plans. Continue reading