operational_decision_management_lustratus

There is a common confusion that needs clarifying

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Unformatted text preview: then filters out any that are not relevant, only triggering the associated actions if a match is found. There is a common confusion that needs clarifying here. Complex Event Processing (CEP) is to BEP what BREs are to BRMS; it is that subset of BEP that handles multiple data feeds, filtering and correlating them at a technical level as required. BEP utilizes the power of CEP technology, but it then adds a much-needed business context so that the business-authored circumstances of interest can be detected. Because business events are described by non-technical people in business terms, this translation is essential to make sense of all the technical data being received. Page 8 Business Events Processor (BEP) Business users Business Events Repository Event 1 Event 2 Action if 1 and 2 occur … Event n Action if n occurs Business user interface ‐ Authoring ‐ Editing ‐ Deploying ‐ Inspecting ‐ Measuring Applications Run‐time interface ‐ Monitoring ‐ Information context and correlation ‐ Event(s) detection ‐ Action execution ‐ Reporting Figure 5: Business Events Processor functionality The events specification is in business language, in a very similar fashion to that for Rules specification illustrated in figure 4 above. Actions may well involve changing or executing business rules that are managed by a BRMS. In this way, all the automated decision-making processes can be gathered together in one place, as a callable decision service. Rules-based decision-making benefits The preceding sections have referred throughout to some of the benefits of using business rules and events to improve operational decision-making and management. This section brings all of these points together as part of an overall summary of the benefits achievable with rules and events-based decision making. To do so, benefits will be grouped under the four key areas of pressure identified at the beginning of this document; customer focus, business agility, cost reduction and governance. This will position rules-based operational decision making against some of the major market imperatives today. In addition...
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This note was uploaded on 01/29/2014 for the course ACC 230 taught by Professor Xia during the Winter '13 term at Bloomsburg.

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