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Change is the New N ormal!

Change is the New N ormal!. Harold-Jan Verlee - Senior Solutions Consultant EMEA - hverlee@progress.com. How does your business respond to the constant acceleration of change? Let’s see how Corticon Business Rules Management can help!. About Progress | Corticon.

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Change is the New N ormal!

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  1. Change is the New Normal! Harold-Jan Verlee - Senior Solutions Consultant EMEA - hverlee@progress.com

  2. How does your business respond to the constant acceleration of change? Let’s see how CorticonBusiness Rules Management can help!

  3. About Progress | Corticon Progress | Corticon enables organizations to make better, faster decisions by automating business rules DECISIONS Should credit be extended? How to plan a shipment? Hazardous materials must be shipped in double hull tankers Do not provide credit to delinquent accounts RULES avoid disastrous oil spill, reduce costs Decisions in seconds, prevent losses, increase customer satisfaction

  4. Decisions are HIGH Change Components Regulations change Keep eligibility decisions compliant Policies change Modify claim adjudication rejection rules Competitor change Raise discount to remain competitive Market change Change the assessment to manage risk Business is becoming ever more complex and according to several major studies less than half the global CEO population feel their organizations are able and prepared to handle the level of complexity they are facing – let alone the level they expect to face in the future. Consumer behavior change Adjust quotes to keep selecting the right deal terms Fraudster adapt Prioritize focus on new fraud

  5. We Struggle to Cope With Change! Stressed IT departments Fraud Loss Flawed Adherence to Compliance Regulations Frustrated Business Users Unhappy Customers Missed Market Opportunities

  6. The Problem: Automating Business Rules • Traditional approach is programming based • Simple rules difficult to automate, sophisticated ones impossible • Single change can impact hundreds of rules/processes Policies Regulations Consumer Behavior Market Shifts Fraudsters Adapting Competition “That change requires 2 years & 5M” There is a Better Way…

  7. Progress | Corticon – Externalize your Decisions! • Patented approach automates rules without coding • Model driven for use by Business and IT Execute as open standards Decision Services Easy to model and test rule integrity Rule Rule Rule Rule Rule Analyze with agility to change Policy Makers Business and IT Enterprise Systems to Make Decisions Enterprise Data Sources

  8. The Corticon Difference: Involve Your Domain Experts! Vocabulary consists of your business objects/terms • Out-of-the-boxready for use by • Business Analysts • IT Professionals • Excel-like modelingenvironment • No programming • Business friendly Rules are constructed with drag-and-drop ease Comprehensive, extensible library of operators (akin to Excel functions) Rule Statements provide rule documentation and traceability Proven with the most sophisticated business problems

  9. eBay How Corticon Empowers the Next Generation Marketplace

  10. The Buyer

  11. That is cute!

  12. The Buyer

  13. That is Though! Policies Regulations Consumer Behavior Market Shifts Fraudsters Adapting Competition 16,000 rules which change EVERY SINGLE day!

  14. Corticon Decision: HOLD or RELEASE Funds to Seller Hold or Release? ... Product Category Country Seller Status Buyer Rating Claim Status Deal Value Etc…

  15. CHALLENGE: Provide a trusted marketplace to attract and retain buyers SOLUTION: Use Progress Corticon BRMS to determine whether to hold escrow from sellers, and when to release funds. VALUE: 40M+ automated decisions per day.  Ability to change rules that drive automated decisions in minutes.  More trusted marketplace drives top line.

  16. Corticon BRMS - Helps You Cope With Change! Accelerateyour developments (10x faster) and maintenance cycles (25x faster than traditional coding methods).Lower cost of maintenance for potentially complex and frequently changing business rules logic. Pass control/design to the Business (domain expertise - where appropriate). Test and simulate to fine-tune decision performance. Centralize and execute standard “service oriented” decisions. Improve agility and resultant reduced time-to-market. “Externalizing” business rules logic ensures that changes can be decoupled from the your business application(s), BPM system and databases. Improve qualityof business rules logic (less potentially brittle code vs. a declarative approach). Accelerate decision executionwith the fastest rule engine available today for online and/or batch processes. New regulations or policies Changes to business goals • Changes in underlying data Overall decision performance

  17. Embrace Change!

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