By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data science anayst
    Growing Demand for Data Science & Data Analyst Roles
    6 Min Read
    predictive analytics in dropshipping
    Predictive Analytics Helps New Dropshipping Businesses Thrive
    12 Min Read
    data-driven approach in healthcare
    The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas
    6 Min Read
    analytics for tax compliance
    Analytics Changes the Calculus of Business Tax Compliance
    8 Min Read
    big data analytics in gaming
    The Role of Big Data Analytics in Gaming
    10 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: DIALOG Keynotes – ILOG and IBM
Share
Notification Show More
Latest News
ai in automotive industry
AI Is Changing the Automotive Industry Forever
Artificial Intelligence
SMEs Use AI-Driven Financial Software for Greater Efficiency
Artificial Intelligence
data security in big data age
6 Reasons to Boost Data Security Plan in the Age of Big Data
Big Data
data science anayst
Growing Demand for Data Science & Data Analyst Roles
Data Science
ai software development
Key Strategies to Develop AI Software Cost-Effectively
Artificial Intelligence
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > CRM > DIALOG Keynotes – ILOG and IBM
Business IntelligenceCRMData MiningPredictive Analytics

DIALOG Keynotes – ILOG and IBM

JamesTaylor
Last updated: 2009/02/04 at 11:08 PM
JamesTaylor
7 Min Read
SHARE

(Guest post by James Taylor of Decision Management Solutions)

PierrePierre Haren started up the keynotes with some personal comments about the excitement of being part of IBM, seeing more customers at DIALOG and hearing stories from customers about what they are doing with ILOG products. He is clearly enthused by the opportunity to reach more companies by being part of IBM than they ever managed before.

They stated their mission a year ago as “We help you make better decisions faster and manage change and complexity” but they could not have imagined the amount of change and complexity that has affected their customers since then. For instance, Oil has gone from $100 a barrel to $140 to $40! Having agreed to be acquired almost the first announcement IBM made was of its Smart Planet initiative and this, as I noted here, is a perfect initiative to leverage ILOG’s technology.

Tom Rosamilia came next – Pierre’s new boss. Tom identified four essentials for survival:

More Read

ai in automotive industry

AI Is Changing the Automotive Industry Forever

SMEs Use AI-Driven Financial Software for Greater Efficiency
Key Strategies to Develop AI Software Cost-Effectively
AI is Driving Huge Changes in Omnichannel Marketing
Maximize Tax Deductions as a Business Owner with AI
  • Adapt to embrace change
  • Streamline processes to make them more dynamic and manageable
  • Optimize to allocate resources efficiently
  • Visualize to transform insight into action for faster decisions
    Though I thi…


PierrePierre Haren started up the keynotes with some personal comments about the excitement of being part of IBM, seeing more customers at DIALOG and hearing stories from customers about what they are doing with ILOG products. He is clearly enthused by the opportunity to reach more companies by being part of IBM than they ever managed before.

They stated their mission a year ago as “We help you make better decisions faster and manage change and complexity” but they could not have imagined the amount of change and complexity that has affected their customers since then. For instance, Oil has gone from $100 a barrel to $140 to $40! Having agreed to be acquired almost the first announcement IBM made was of its Smart Planet initiative and this, as I noted here, is a perfect initiative to leverage ILOG’s technology.

Tom Rosamilia came next – Pierre’s new boss. Tom identified four essentials for survival:

  • Adapt to embrace change
  • Streamline processes to make them more dynamic and manageable
  • Optimize to allocate resources efficiently
  • Visualize to transform insight into action for faster decisions
    Though I think visualization is just a step on the way to decision making…

TomIBM has been partnering with ILOG for 12 years and has recommended their products many times. IBM does not plan to mess with ILOG’s product strategy in terms of supporting OEMs, supporting multiple platforms. There was virtually no product overlap, which makes it easier to merge, and all the products were interesting – rules, optimization, supply chain applications and visualization. And finally Tom reiterated what he said earlier about a good cultural map.

Tom introduced Aviva Canada as an example. They use JRules to automate underwriting and make it available over the web. They use it on WebSphere and have found the products easy to use together and they have had great savings using the products.

Tom had Jeanine (sp) come and demo some visualization integration in business space (part of WebSphere). You can see the full demo here. The demo used some visualization and then showed the rules for supply chain site allocation, events about problems and more in a nice mashup. Tom then had some customers join him.

First was Kari Laine an IT Architect from if. If is a large Nordic insurance company with 3.5M customers. They started in late 2006 implementing a fully automated claims processing system. By early 2007 had selected WebSphere Process Server as their BPM/SOA platform. Added JRules in early 2008 and went into production in May of 2008. Now have 60% are settled the day they are received and are tracking to 50% handled within seconds – true straight through processing.

Next up was Mark Frost of Fiserv. Mark is Director of Business Strategy and Decision Science. Fiserv started optimizing because they were handling money supply for banking customers. They originally just used forecasting but realized that optimization could help improve the money supply. Started with open source and built a model but found the model ran all weekend. Not acceptable because they have 3 hours to do this for banks. They worked with CPLEX which could handle this and they got great results. One bank, for instance, saved $2Bn in cash handling! Huge ROI.

Tom ended by promoting IMPACT – a great show at which I will be speaking.

Sandy Carter wrapped it up talking about IBM’s Smarter Planet initiative. This initiative focuses on dealing with the planet as increasingly interconnected, heavily instrumented and full of increasingly intelligent objects. These opportunities coincide with huge problems – $10B in fraud in the US healthcare system, $11Bn in wasted food in India and so on. To position for success, companies must emphasize agility and cost optimization over speed.

Sandy talked about Key Agility Indicators – measures of responsiveness like time to add a supplier, time to change policy rules as market risk changes, time to identify problems in a manufacturing process as information floods in from RFID chips etc. She talked about being green and the value of that, dynamic infrastructure, new intelligence and “smart work” as she did earlier. She used some great examples like Sear’s virtual model, Moosejaw’s retail communities, Stockholm’s smart traffic monitoring etc.

Clearly IBM feels that ILOG is going to be a great addition to the SmartSOA and Smart Planet initiatives.


Link to original post

JamesTaylor February 4, 2009
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

ai in automotive industry
AI Is Changing the Automotive Industry Forever
Artificial Intelligence
SMEs Use AI-Driven Financial Software for Greater Efficiency
Artificial Intelligence
data security in big data age
6 Reasons to Boost Data Security Plan in the Age of Big Data
Big Data
data science anayst
Growing Demand for Data Science & Data Analyst Roles
Data Science

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

ai in automotive industry
Artificial Intelligence

AI Is Changing the Automotive Industry Forever

5 Min Read
Artificial Intelligence

SMEs Use AI-Driven Financial Software for Greater Efficiency

10 Min Read
ai software development
Artificial Intelligence

Key Strategies to Develop AI Software Cost-Effectively

10 Min Read
ai in omnichannel marketing
Artificial Intelligence

AI is Driving Huge Changes in Omnichannel Marketing

12 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?