What is IBM Operational Decision Manager?
IBM Operational Decision Manager is an advanced digital process automation (DPA) software suite that captures, automates and governs frequent, repeatable business decisions. Serving as the central repository and automation engine for your critical business rules, the powerful and intuitive interface of IBM Operational Decision Manager is easily used by both IT and line-of-business rule owners. IBM Operational Decision Manager adds agility and real-time decision making to your day-to-day operations, while enabling quick optimization and change management capabilities to keep up with the pace of your business. IBM Operational Decision Manager is available in multiple editions and can be delivered as a service on the IBM Cloud or on your own infrastructure.
Automated business rules deliver business agility
Business agility depends on responsive, intelligent decision automation. IBM Operational Decision Manager enables you to separate business rules from business applications, providing you with the flexibility required to quickly respond to the changing needs of your business.
Real-time decisions based on real-time data
In a customer-centric, mobile world, you need to analyze a constant and ever-growing feed of data and events that impact business decisions. IBM Operational Decision Manager helps to optimize that decision making with accuracy and speed, identifying the risks and opportunities on a continuous basis so you can take the right action at the right moment.
Tools that enable collaboration across the organization
IBM Operational Decision Manager includes a central business rules repository, providing a single source for business rules that unifies decision making for consistency across the organization. The easy-to-use interface allows non-programmers to make real-time updates to business rules. This enables effective collaboration where architects, developers and administrators develop and maintain the decision services, while business analysts, policy managers and rule authors develop and maintain the decision logic.
Today’s business requires near-instant and consistent decision making, combined with the flexibility needed to respond to market changes with agility. As part of a comprehensive digital process automation (DPA) platform, IBM Operational Decision Manager helps organizations in all industries achieve these results across critical use cases.
Reducing risk and ensuring compliance
Banking and insurance organizations operate in highly regulated markets. Non-compliance is simply not an option; between fines and erosion of customer trust, the costs are too high. Those in the banking and insurance industries must continuously adapt their systems and applications to comply with ever-changing regulations, and document their operations for compliance audits. Additionally, it’s difficult to identify where compliance updates must be performed within applications, and there’s a risk of misinterpreting new regulations in many manual operations.
IBM Operational Decision Manager helps banking and insurance organizations capture, update and automate their day-to-day repetitive business decisions and improve their compliance process. Using IBM Operational Decision Manager, business decisions driving operations can be easily created or updated anytime a new regulation is issued. Business decisions are captured using natural, easy-to-understand language, and the business logic that automates your banking operations is self-explanatory. Increased automation of business decisions limits interpretation risk, and with IBM Operational Decision Manager you can automate more decisions and log them for precise documentation and audit trails.
See how PNC simplified its compliance-reporting process using IBM Operational Decision Manager.
Proactively countering fraud
Fraud today is sophisticated. Perpetrators of fraud are continuously adapting their strategies to work around new fraud detection patterns. Adding more people to your organization’s fraud detection effort is costly and doesn’t yield meaningful improvement in outcomes. You need intelligent systems to analyze historical banking transactions to filter suspicious actions from legitimate ones.
can detect and react to threats and opportunities and quickly respond to changing business conditions — so your fraud detection systems adapt as fast as new threats appear. IBM Operational Decision Manager stores, manages and executes fraud detection decisions in a centralized environment, and gives you the ability to update them without the need for IT support. The ODM solution from IBM assembles historical actions and analytical models to provide decision contexts and identify fraudulent transactions, and decision services automates your systems’ response to frequently occurring and repeated fraudulent transactions, freeing your experts to focus on exceptions.
See how … uses IBM Operational Decision Manager to counter fraud proactively.
Optimizing pricing and packaging
Businesses face numerous obstacles to dynamic pricing and personalized packaging, particularly managing this at scale. This could range from the inability to use customer data and preferences, the inability to accurately detect prices based on market conditions and profitability or even the inability to roll out price and packaging changes quickly.
IBM Operational Decision Manager can help streamline and scale pricing and packaging systems to improve quote consistency and tailor packaging to customer preferences. The ODM solution from IBM enables online companies to tailor products and prices to an individual’s spending inclination, using rich information within the database about the customer, market to even how the competitors book.
See how Starwood Hotels delivered more personalized services using automated business rules.
While all organizations have business rules that can benefit from automation, not everyone has identical needs. That’s why IBM offers multiple editions of the IBM Operational Decision Manager solution. All editions have the same powerful business rules engine and management capability, but each is delivered in a way that matches your needs.
Your cloud or the IBM Cloud? If you’re looking for a quick and simple set up, or aren’t interested in managing your own infrastructure, IBM Operational Decision Manager on Cloud or the IBM Business Rules for Bluemix® service would work well for you. If you need to run your business rules management system (BRMS) on premises, IBM can make that work for you, too.
Automate complexity rules at scale. If you require a scalable transactional event processing system with rule-based temporal reasoning and analytics capabilities, you need IBM Operational Decision Manager Advanced, which includes the Decision Server Insights component.
A price and package for nearly every budget. If you need a no-frills business rules management edition, IBM Operational Decision Manager Express is a budget-friendly option. If you’re looking to shift capitalized costs to operating expense, our cloud-based services with monthly or pay-as-you go options are attractive options.
IBM Operational Decision Manager Advanced
IBM Operational Decision Manager Advanced brings together data from different sources to recognize meaningful trends and patterns. It empowers business users to define, manage and automate repeatable operational decisions. As a result, organizations can create and shape customer-centric business moments.
Decision Server Insights is a component of IBM Operational Decision Manager Advanced, which also incorporates the capabilities of IBM Operational Decision Manager Standard. You can use Decision Server Insights to monitor real-time events in your business systems and perform situation detection to determine when and how to respond. Decision Server Insights has an Eclipse-based development environment and an enterprise-level execution environment, both of which run on the Java™ Enterprise Edition (Java EE) platform. Decision Server Insights adds strong value for the new breed of client-focused solutions that aim to react faster and detect more threats and opportunities earlier.
You purchase development, test and production environments separately, and IBM Operational Decision Manager Advanced is packaged as a license subscription.
IBM Operational Decision Manager Standard
IBM Operational Decision Manager Standard is the core on-premises offering of IBM’s operational decision management (ODM) software suite. With IBM Operational Decision Manager Standard you can capture, automate and govern the repeatable operational decisions of your business using IBM Decision Center and IBM Decision Server rules. IBM Decision Center is where business users write, test, manage and deploy the rules of your business. IBM Decision Server Rules provides you with an Eclipse-based development environment and an enterprise-level execution environment called Rule Execution Server.
You can run IBM Operational Decision Manager on either the Java EE or the IBM z/OS® platform. It also supports IBM PureApplication® Pattern Development and PureApplication Pattern Implementation. You purchase development, test and production environments separately, and IBM Operational Decision Manager Standard is packaged as a license subscription.
IBM Operational Decision Manager Express
IBM Operational Decision Manager Express is an entry point, on-premises solution to help automate and govern frequently occurring, repeatable business decisions. It helps you detect opportunities in near real-time and implement changes quickly to meet new market demands or policy requirements.
IBM Operational Decision Manager on Cloud
IBM Operational Decision Manager on Cloud is the software-as-a-service (SaaS) offering of IBM’s suite of ODM solutions. With IBM Operational Decision Manager on Cloud you can capture, automate and govern the repeatable operational decisions of your business using IBM Decision Center and IBM Decision Server. IBM Decision Center is where business users write, test, manage and deploy the rules of your business. IBM Decision Server provides you with an Eclipse-based development environment and an enterprise-level execution environment called Rule Execution Server.
The development, test and production environments are all incorporated into the solution. It is packaged in a monthly subscription. You choose the ready-for-use solution that suits your needs, so you can get your decision management project up to speed and into production as fast as possible, with a minimum initial investment in capital, hardware and operational skills.
IBM Business Rules for Bluemix service
IBM Business Rules for Bluemix service is designed to capture and automate the repeatable operational decisions of your business.
It provides you with an Eclipse-based development environment and an enterprise-level execution environment. The governance and business-user capabilities found in other ODM offerings from IBM are not available in the IBM Business Rules for Bluemix service; instead, the service extends ODM support to cloud applications and processes running on the IBM Bluemix® platform. It is packaged as a Bluemix service with usage pricing.