https://www.modernanalyst.com RSS feeds for Business Analyst Community & Resources | Modern Analyst 60 https://www.modernanalyst.com/Resources/News/tabid/177/ID/994/Innovations-Focuses-on-Rule-Quality-Traceability-and-Reuse.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=994 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=994&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/994/Innovations-Focuses-on-Rule-Quality-Traceability-and-Reuse.aspx Visual Rules Enterprise Platform 4.5:  Focused on Rule Quality, Traceability and Reuse   Chicago / Immenstaad (Germany), June 23, 2009 – Innovations Software Technology Corp., a leading provider in the market of Business Rules Management (BRM) Platforms and Financial Industry solutions, will release Version 4.5 of Visual Rules, the premier BRM Platform. Visual Rules now coordinates rule changes by multiple team members to secure rule quality and continuous traceability. Additionally, users may look forward to easily reusing rules. The Visual Rules Enterprise Platform 4.5 will be presented by Volker Grossmann Product Manager in a webinar on July 1, accompanied by industry pundit James Taylor. Business Rules Management for Agile Enterprises Companies such as Volkswagen Bank and John Deere manage their business rules with the Visual Rules Enterprise Platform for applications such as credit risk rating and machine data intelligence. Visual Rules provides the capability for these companies to dynamically adapt to changing business and market requirements – by the business experts themselves. What's New in 4.5? Rule Change Management with Visual Rules 4.5 A new workflow of the Visual Rules Enterprise Platform 4.5 coordinates rule changes among mutliple team members. The process focuses on ensuring rule quality, continuous traceability of changes, and reuse. Reuse: It's So Easy Visual Rules 4.5 introduces the concept of rule artifacts containing rule models and executable rule code. Artifacts can be uniquely identified by an ID and a version number. Since Visual Rules Modeler 4.5 works directly with these artifacts, rule authors will be able to easily reuse existing rules or data models, including function and service libraries. If a rule project requires another artifact, Modeler automatically retrieves the correct version from the repository. Using Multiple Rule Versions The integrated rule artifact concept also permits using multiple rule versions simultaneously. Visual Rules Execution Server 4.5 ensures that every request is handled by the correct rules, e.g., compliant to their effective date. Rule Quality Secured Visual Rules Team Server 4.5 ensures rule quality when multiple team members change rules. Each author sees all changes made by the other authors. Rule changes are logged, and stay traceable with every revision being restoreable and visualizable within the graphical model. Traceability at Any Time Being able to trace rules while editing is just one important facet. In addition, Visual Rules 4.5 makes sure that all decisions are fully transparent. All rule executions can be retraced in every detail, even years later.   Visual Rules Enterprise Platform is available as English and German software. Webinar Presentation with James Taylor Innovations Product Manager Volker Grossmann will present the Visual Rules Enterprise Platform 4.5 in a Webinar on July 1, 2009, at 1:00 PM (ET). He will be accompanied by James Taylor. Learn how the tools and processes of the Business Rules Management Platform involve business users in application development. You may register for the webinar at:  www.innovations-software.com/webinar-empowering-business-users.html. Evaluating Visual Rules Visual Rules Enterprise Platform 4.5 will be available on June 30, 2009, for a free evaluation. About Innovations Software Technology Innovations Software Technology is a market leader in Business Rules Management Platforms. In addition, Innovations offers leading financial industry solutions and services for Credit Risk Management, Compliance, and Customer Relationship Management. The independent research company Forrester rates Innovations as one of the three leading companies in the Business Rules Management Platform market internationally. Organizations in banking, insurance, healthcare, telecommunications, retail, automotive, logistics as well as IT service providers trust Innovations' products and solutions. Innovations was founded in 1997 in Immenstaad, Germany. Regional headquarters are Chicago for The Americas and Singapore for Asia-Pacific. The company also has offices in Waiblingen (Stuttgart), Germany; and in Palo Alto (Silicon Valley), California. Since 2008, Innovations is member of the Bosch Group. ### Innovations Software Technology Tel. +1 312 523-2147 info@innovations-software.com www.innovations-software.com © Innovations Software Technology   Innovations Wed, 24 Jun 2009 16:15:00 GMT f1397696-738c-4295-afcd-943feb885714:994 https://www.modernanalyst.com/Resources/News/tabid/177/ID/914/Innovations-Extends-Business-Rules-to-the-Enterprise.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=914 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=914&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/914/Innovations-Extends-Business-Rules-to-the-Enterprise.aspx Innovations Announces Extended Management Capabilities for using Business Rules on an Enterprise Level with Visual Rules 4.4 Chicago / Immenstaad (Germany) - Innovations Software Technology today announces the release of the Visual Rules Enterprise Platform 4.4, the premier Business Rules Management (BRM) Platform. The highlight of this release is the extension of the management components with Visual Rules Execution Server. Business Rules Management for Agile Enterprises     With Version 4.4 all components of the Visual Rules Enterprise Platform are available for using business rules on an enterprise level. Business and IT experts use Visual Rules for modeling, testing, simulating, deploying, monitoring and analyzing your business rules, to manage and administrate them within a rule repository. Visual Rules supports team-based collaboration on rules and delivery of rules as web services across platforms. The graphical approach enables your organization´s analysts to generate rules themselves. Companies such as REWE have decided to go with Visual Rules in order to dynamically adapt their applications to changing business requirements. What's New in Visual Rules 4.4? Execution Server With Version 4.4 the Visual Rules Enterprise Platform has been extended with another server-side rule management component, the Execution Server. Now, delivering business rules as web services (WSDL / SOAP) is very easy via the Execution Server. Rule services immediately become available for use within SOA or can be facilitated from any .NET application. Additionally, the Execution Server allows you to use multiple versions of the same rule at the same time – for instance, to cover different time periods and multiple users. Team Server Version 4.4 of the Team Server provides additional features for revisioning resources, as well as an audit log. You are now able to trace the version history of the complete rule project in detail. The visual comparison within the Visual Rules Modeler enables you to clearly identify differences between any two project states and resolve them. Modeler Starting with Version 4.4 it is possible to implement additive and multiplicative scorecards using decision tables. Decision tables have been functionally extended: it is now possible to either execute all matching conditions, or execute only the first one that is matched. Moreover, Visual Rules 4.4 offers a multitude of new features which make using the tool even easier. For example, while creating decision tables, the conditions that lead to a selected result (the condition path) are now highlighted.   Free 3-Day Trial Download a FREE 30-day trial of Visual Rules 4.4 at: www.visual-rules.com/download-business-rules-management-system.html. About Innovations Software Technology Innovations Software Technology is a market leader in products and services for business rules (BRM) management.  Since 2008, Innovations is a member of the Bosch Group. With the Visual Rules Enterprise Platform, business analysts can graphically model and manage business rules, and IT experts can integrate the automatically generated code into an application or deploy the rules as a web service. In addition, Innovations Software Technology provides best-of-breed financial industry solutions, including the market-leading Basel II Credit Risk Rating Platform. Our solutions are deployed at leading financial institutions throughout the world. Innovations’ customers and partners include The United States Navy, Minnesota Department of Revenue, SunGard, Rand Merchant Bank, SWX Swiss Exchange, Odyssey Financial Technologies S.A., Hilton, Siemens and Yamaha Motor Corp. ### Innovations Software Technology Tel. +1 312 523-2176 info@innovations-software.com www.innovations-software.com © Innovations Software Technology   Innovations Mon, 27 Apr 2009 18:45:00 GMT f1397696-738c-4295-afcd-943feb885714:914